Keep on Trucking: Insurance Can Be Hard to Obtain, Expensive for Independent Truckers

Overview

Many shipping companies prefer to keep their drivers as independent contractors, but it can be prohibitively expensive for truckers to buy their own liability insurance. This white paper outlines two alternative approaches – Risk Purchasing Groups and Affinity Marketed Insurance – that companies can explore if they want the flexibility of drivers who are not employees, but who have the requisite coverage. Mark R. Goodman, partner with Goodman & Peters LLP, discusses alternatives for truckers seeking insurance.

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