An insurance look: 4 trucks burn at Indiana truck stop

| April 3, 2019

article image
No truck driver wants to consider the possibility of their rig bursting into flames. But, unfortunately, it happens. Fire can be very destructive, and it can gobble up a truck with no problem. The thought of your loyal truck on fire is a scary one. But that’s exactly what happened to four truck drivers last week at an Indiana truck stop. What happened? A fire broke out at a truck stop in Lake Station, Indiana early in the morning. Firefighters were called to the scene, and they found four semi-trucks on fire. It took about 35 minutes for them to contain the blaze. Fortunately, no one was in the trucks at the time of the fire, and no one was injured. The four big rigs, however, were not as fortunate. They were destroyed by the fire. What questions do we have from an insurance perspective? Being part of the insurance world, we can’t help but take an insurance perspective when we read news coverage of the incident. We don’t know everything about what happened, the details about the trucks or the drivers, and so on. That’s why we have a few questions about what happened that could make a difference as far as what coverages would come into play.

Spotlight

RT Specialty

R-T Specialty, LLC (RT) is an independent wholesale brokerage that provides specialty insurance services, proven leadership, outstanding industry expertise and quality services to agents, brokers and insurance carriers. The RT mission is different from other insurance organizations. We help your clients confront specialized risk through a meaningful collaboration between agents, brokers and insurance carriers. Together we will help you analyze the many ways you can resolve your clients' risks, leading you to inspired solutions.

OTHER ARTICLES

What does the landlord insurance cover?

Article | February 27, 2020

Owning real estate is a great way to build long-term wealth. For those that are in the Selden, NY area and would like to build personal equity, getting an investment property could be a great option. If you do own a rental real estate asset, you need to consider your unique insurance needs. To ensure that you and your property are properly covered by insurance, you need to get a quality landlord insurance policy. A landlord insurance policy will protect you a few different ways to ensure you and your assets are protected.

Read More

The role of AI in enhancing claims experience for Insurance customers

Article | February 27, 2020

Insurance customers are most vulnerable when they file a claim. Be it life or general insurance, claims are filed in distress. This is also a critical moment for Insurers. The claims experience they deliver determines customer loyalty, which also influences referral customers in the long run. In the Insurance industry, where products and pricing among the competitors are almost the same, customer experience becomes the main differentiator.

Read More

How Insurance Industry Can Better Leverage the Potentials of Big Data?

Article | February 27, 2020

The insurance sector has largely been driven by data to drive the dynamics of the industry for several years. However, advances in technology now have led to a broad range of solutions to assess large volumes of information for useful patterns. So, in order to succeed and remain competitive in the ever-changing field, insurers are turning to Big Data and analytics. The increasing use of these solutions delivers the capabilities to transform the industry by providing valuable insights into all facets of company operations and performance.

Read More

Does Your Business Interruption Insurance Cover COVID-19-Related Losses? Are You Sure?

Article | February 27, 2020

The COVID-19 coronavirus emergency has everyone scared, and many are imagining the worst. For business owners and managers, there is a fear that what you, your employees, and your customers or clients have built will be lost – through no fault of your own. And we don’t know how long the financial impact of the pandemic will continue.

Read More

Spotlight

RT Specialty

R-T Specialty, LLC (RT) is an independent wholesale brokerage that provides specialty insurance services, proven leadership, outstanding industry expertise and quality services to agents, brokers and insurance carriers. The RT mission is different from other insurance organizations. We help your clients confront specialized risk through a meaningful collaboration between agents, brokers and insurance carriers. Together we will help you analyze the many ways you can resolve your clients' risks, leading you to inspired solutions.

Events