If you’re a truck body builder and you’re the type of person that takes an incomplete chassis, and then you finish that chassis out to make a final product. This is specifically for you.
I want you to do one thing right now. Pick up the phone and call the person that you buy your insurance from and ask them a simple question.
I want you to say, “Hey, do you know who owns our trucks?”
Now obviously, you know the answer to that question. You know whether they’re tripped through a dealership. You know whether you are part of a pool stock arrangement. You know whether you buy the trucks outright and sell those trucks. You know exactly how that process works. But did you know that a process that seems so simple and seems like something that you would do every single day in your business is not so simple to insurance people?
Insurance is very complicated, and you know this as well as anybody. It seems like everything’s covered until something happens, and then it’s not. It gives our industry, the industry that I’m in, the industry that I love, a bad name. But it’s not always because the person that’s on the other end of the policy is not a good person. Maybe it’s because they didn’t know the right questions to ask.
We have a formal program that we go through with every single truck body builder client that helps determine who owns the trucks? And what step we should take to insure those trucks the right way so there are no surprises at the time of the claim.
If your agent can’t answer the question of who owns the trucks, then your expectations may not match the reality of how things are going to work when it counts the most.
If you’re not comfortable asking the insurance person you’re dealing with now, I encourage you to ask me or my business partner Andrew Dearing. You can reach me at (478)-542-1882 and Andrew at (478)-397-6086. Please reach out to us if you have any questions or would like to discuss your situation, you can also use the button below to schedule a call with us.
I hope to hear from you very soon.