ISS Score for Truckers Explained and How to Find it   Oftentimes, the ISS score gets mixed up with the carrier's CSA score. Although there is a relationship between them, they are different from each other.   CSA scores are measurements for a given carrier to aid in the truck inspection screening and are considered the primary means to whichRead more

Washington Insurance Credit Ban Last Update: May 10, 2021 https://dokagency.com/wp-content/uploads/2021/05/VIDEO_20210511_220700.mp4 Insurance Commissioner Mike Kreidler issued an order on March 23, 2021, that bans the use of credit in setting insurance rates for new and renewing policies as of June 20, 2021. That credit-ban applies to rates for auto, homeowners and renters insurance for three years. On April 23, 2021, aRead more

Reducing Cyber Threats in the Transportation Sector   Technology advances are transforming the way all industries conduct business, including the transportation and trucking sector. The Internet of Things (IoT), for example, is integrating transportation and warehouse management solutions, connecting in-vehicle sensors and other integrated devices over the network. Embedded sensors in transport vehicles, containers, etc. continuously capture, share, and actRead more

Why You Need Umbrella Insurance for You & Your Business! Commercial umbrella insurance helps protect your business from the financial risks of large lawsuits against your company. It is designed to give you additional coverage above and beyond your liability coverage limits should they become exhausted. In other words, commercial umbrella insurance takes over when your other liability coverage limitsRead more

Business Interruption Claims Affected by Civil Unrest   If you are running a business then it is necessary for you to have an insurance plan to make sure your business is safe and covered from unexpected risks. Business income insurance - also known as 'business interruption insurance provides a security shield to businesses from different types of perils, tragedies, andRead more

Telematics: Paving the Way for Safer Transportation Operations   The transportation industry has been hit hard by skyrocketing insurance premiums, diminished underwriting appetite, restricted coverage, and fewer markets, an aggressive plaintiff bar with nuclear verdicts exceeding $10 million, a shortage of qualified drivers, distracted driving, and other factors. On top of that, truckers have also been hit by regulations (ELD,Read more

Behind the Rising Insurance Rates for Transportation Risks   The transportation industry is the lifeblood of our economy, delivering goods we produce and use from one end of the country to the other. In the last nine years, however, the transportation industry has experienced a tough insurance market with rising commercial rates. In fact, the Commercial Auto market for insurersRead more

The Impact of the Coronavirus - Rise of a New Insurance Era?   The spread of COVID-19 coronavirus pandemic is taking the world by storm and threatens the individuals and businesses around the world. We are all left wondering about how the world will cope and how this will change the future. The scale of the coronavirus crisis reminds many of us ofRead more

**Disclaimer** I am writing this to inform our clients, potential clients, and fellow business owners as to how Business Income, aka Business Interruption, Insurance Works. These times are unprecedented and businesses from small to large are impacted unimaginably. The information below is my personal professional interpretation and explanation unless noted otherwise. Can My Insurance Policy Cover My Lost Business IncomeRead more

The Road Ahead: Trends That Are Shaping The Future of the Transportation Industry   Keeping pace with the transportation sector is integral to helping all of us at the DOK Insurance Agency protect those that make up this dynamic industry. There are several current trends of which to be aware that are shaping the future of transportation:   Automation: DriverRead more