Showing posts with label insurance company rating. Show all posts
Showing posts with label insurance company rating. Show all posts

Monday, December 27, 2010

Trailer Skirts: A Proven Fuel Saver

In tight economic times drivers are trying anything to save a few dollars, one trend that is catching on and has been proved effective are trailer skirts. Designed to streamline the trailer and reduce drag, this system provides an average 7.4% fuel savings at highway speeds. Freight Wing, one of the industry's largest suppliers of trailer side skirts now has about 10,000 units on the road with sales up threefold over the past year.

Currently trailer side fairings available in three types of material: aluminum, plastic, or fiberglass. Each has its strengths and its fans. The skirts effectiveness depends upon ground clearance, the closer to the ground the better savings. In SAE track testing, Freight Wing found its older-style aluminum fairings with 16 inches of ground clearance yielded a 4% fuel savings while its new Aeroflex product that rides just eight inches off the ground delivers a 7% fuel savings.

When skirt shopping, there are many things to consider, including weight, ground clearance, durability and ease of installation and repair. Some systems consist of multiple panels, which make repairs easier and less costly than replacing the entire system, but may break apart and look flimsy at highway speeds. Once you've installed a system, its suggest inspecting trailer fairings as part of the normal trailer inspection process, looking for loose fasteners and damaged brackets. For the most part, trailer fairings should be worry-free.

In addition to using the trailer skirts some drivers are also switching to low rolling resistance tires and reducing top speeds to 62mph, showing a collective 8.94% improvement! With fuel prices rising each month every little bit helps the pocket. Added up the money saved by switching to more efficient methods can pay for its self in about a year.

If you are in need of great rates on truck insurance, stop by at BerrierInsurance.com and ask for a fast, free quote. We have been specializing in trucking insurance for almost 30 years and will be here to continue providing our customers with quality truck insurance and the lowest price possible.

Wednesday, November 11, 2009

Insurance Company Report Cards

Did you know that all insurance companies are given a report card?

Do you remember the report cards you received when you were in school? The letter A was for excellent, B was for good, C was for average, and D was for poor.
Insurance companies are given a “financial” report card with these same letter grades. The company who grades them is called the A.M. Best Company.

Their purpose is to protect you from buying insurance from a company in poor “financial” condition. When you buy insurance your broker should tell you the grade of the company he/she is quoting. It is safest to buy insurance with a company who has a letter grade of A or B.

Here are some other reasons a company’s grade might affect you:
1.Poorly graded companies can mean a poor financial risk for you.
2.Some truck brokers might not accept proof of insurance from companies with less than an “A” grade.

Do you know if your sub-haul contract requires you to buy insurance from an “A” rated (grade) insurance company? It is better to know what you need before you begin shopping for a “good” price. Tell your broker you need an “A” rated company when you ask for your quote. The cost to cancel and rewrite a new policy is very expensive.

If you receive a quote from another broker and are not certain about the A.M Best Company Rating, then give us a call! We’ll look up the company and tell you their rating. No questions! No obligation! Call us TOLL FREE (800) 750-1812 or visit us online at www.BerrierInsurance.com.