What Do I Need to Know About Insurance Renewals?

When it's time for your commercial vehicle insurance renewal—whether you're renewing truck insurance or coverage for a fleet—we'll ask you for updated information. This helps us make sure your current policy still fits your business needs. Over time, things change: your business might have grown, added vehicles, or shifted operations. We review all this so your coverage stays aligned with where your business is today.

We also use this updated information to shop around with multiple insurance carriers. That way, we can compare current rates and coverage levels, ensuring you get the best possible deal for your business. Lastly, some insurance carriers—and state or federal regulations—require up-to-date details before a policy can be renewed, so collecting this information helps keep you compliant and covered without delays.

In the scope of the renewal, we look for the following information from our clients:

1. Changes in operations, such as changes in management and contacts, type of services provided, or types of commodities hauled, and any other anticipated changes in business for the upcoming policy term

2. Current equipment/assets schedule and market values

3. Current driver schedules

4. Anticipated mileage and/or revenue

5. Updated payrolls

Your timely and complete responses to our requests for information will enable us to comprehensively analyze your coverage needs, market your account with multiple insurance companies, and offer you more options at the renewal.