A well designed and run Settlement Deduct Insurance Program can help you attract and retain quality
independent contractors to drive for your trucking company. If done properly, with an emphasis to
meet and serve the needs of your drivers and independent contractors, it can be seen as a benefit and
may reduce turnover which will add to your company’s profitability.
Having administered Settlement Deduct Insurance Programs for motor carriers for over thirty years,
successful programs have a few key items in common:
(1) Competitive and stable pricing
(2) Comprehensive and flexible coverage options for the drivers
(3) Administratively easy handle
(4) Placed with an agency and insurance company that KNOW both the business of the motor
carrier and the business of the independent contractor
(5) Meet or exceed all aspects of compliance required by the FMCSA regulations, your lease
agreement, and the expectations of the independent contractors the program is intended to
benefit while at the same time not doing anything to jeopardize the independent business
relationship that’s essential to the Carrier-I/C business model
Choose the products you want to offer your truckers.
Choose from any of the coverages we offer:
- Physical Damage Insurance
- GAP Coverage
- Occupational Accident Insurance
- Passenger Accident Insurance
- Non-Trucking Use Liability Insurance
- Motor Carrier Deductible Insurance
- NTP Preferred Warranty Program
Set up a billing program that works for you.
The flexibility and dependability of the billing program we use sets us apart from the competition.