|
|
Additional
Resources
|
|
How Employee Benefit Consulting Firms Aid Non-profits In Securing Health Benefits
By Mike Owen
In order to be competitive with other businesses in securing the best employees, the volunteer sector needs to find a way to improve access to employee benefit and retirement plans. It is well known Read more...
|
|
|
|
dhyansanjivani.com
Below, you'll find extensive
information on leading texas department of insurance articles and products to help
you on your way to success.
What Every Shipper Should Know Before Hiring A Motor Carrier
By Komail Noori
A freight broker matches shippers that need to transport freight with shipping companies. Freight brokers have access to many carriers and are able to obtain the right equipment for the move and can save money for shippers.
The use of a freight broker is ideal for small and mid-size companies that do not have dedicated personnel responsible for making transportation arrangements.
Shippers that contract with motor carriers directly may inadvertently hire unauthorized, unsafe, or underinsured motor carriers which can create unlimited liabilities for shippers in the event of damage or loss. Companies can significantly reduce these and other liability risks by implementing sound carrier qualification procedures.
Carrier qualification procedures might include the following:
Motor Carrier Authority and Filings
Develop a file for every motor carrier and check it before tendering shipments for the first time. The file must include a copy of the carrier's operating authorities and filings with the FMCSA as well as the carrier's safety rating with the FMCSA.
Verify that the motor carrier’s authority is active and the authority type is for common or contract. Also, verify that a BOC-3 agent for service of process has been appointed and filed.
Safety Ratings
Obtain a copy of the carrier’s Safety Rating issued by the Department of Transportation. Carriers with "Unsatisfactory" ratings should never be used. Check the carrier's Safety Evaluation Area (SEA) ratings. A SEA rating over 75 is considered to be deficient; therefore, carriers with SEA rating over 75 should not be used.
If the carrier’s safety rating is Satisfactory, verify business references, call providers to verify that all policies are current and up-to-date, and obtain a signed motor carrier agreement before tendering any loads.
If the carrier’ Safety Rating is Conditional, obtain a copy of the report issued to the carrier indicating its safety rating is “Conditional” and why. Ask the carrier about specific steps being taken to be in full compliance and restored the rating to Satisfactory. If
Additional
Resources
Online Auto Insurance – The Benefits Of Buying Car Insurance Online.
By Online Auto Insurance-10276
In the late 1990’s, as the internet gained popularity, consumers realized the convenience of shopping online for many different things including car insurance. The internet offers endless information Read more...
|
Additional
Resources
Three Reasons To Consider Visa Health Insurance
By Ronald D Micheals-1546
There are many reasons that you may want to consider looking into what Visa Health Insurance has to offer. Unfortunately, many people pass this by time after time. But if you are going to be Read more...
|
We strive to provide only quality articles, so
if there is a specific topic related to insurance that
you would like us to cover, please contact us at any time.
And again, thank you to those contributing
daily to our texas department of insurance website.
|
|
