Texas Law Firm Offers Tips on Operating a Trucking Fleet


When it comes to operating a business of any kind, the whole idea is to make money. If you can’t realize a profit, why go into business at all? Even nonprofits need to see a ‘profit’ if they are going to do the charitable work they are set up to do because it is that amount over and above operating costs that goes into their various projects.

With that said, it is understandable that a trucking fleet would want to make a profit and would also like to build a business with staying power so that they grow year by year. The following thoughts on operating a profitable trucking fleet are offered by Thomas J. Henry, a Texas law firm representing thousands of clients in accident and personal injury claims.

Working with Advisers

Most entrepreneurs start out with an idea that quickly blossoms into a business plan. Whether or not that business plan is good is another matter altogether. Their concept may be innovative and the product or service in great demand, but most startups aren’t well versed on strategic and management planning. The first piece of advice for any Texas entrepreneur who wants to open a trucking fleet is to hire the services of a consulting firm. This type of service is money well spent and with the right business consultant the return on your investment will be well worth the cost.

What Kind of Service Are You Looking to Offer?

While this might not seem like a very important point when starting a trucking fleet, there are a number of ways in which your services can affect your bottom line. Are you looking at aiming your services at transporting goods locally or on an interstate level? Will you be transporting any cargo that could be considered dangerous? How many trucks are you going to start with initially and what kind of trucks will they be? Of course, semis will be more expensive than a fleet of cargo vans and the difference is nowhere more noticeable than in the cost of insurance.

Texas Is One of Only a Handful of States that Doesn’t Require Workers Comp

There are some kinds of insurance that every business is required to carry by law which would almost always include Workers Comp but oddly, Texas is not one of the states that requires businesses to carry this coverage. This is where so many businesses run into problems because they are not required by law to carry Workers Comp and thus are not covered if a worker should be injured in the scope of doing business for the company.

Many Texas businesses have faced bankruptcy because injured workers in those companies successfully sued their employer for compensation for injuries sustained on the job. Without going into all the rules and regulations surrounding how an employer that doesn’t opt into Workers Comp coverage must operate, the point being made is that Workers Comp should be a top priority, especially for a Texas trucking fleet.

Insurance Is Your Best Friend

By now you get the point. When opening a business of any kind, including a trucking fleet, insurance is one of your most important investments you could be making in your own company. Keep the object of insurance in mind before purchasing coverage for your company. Insurance is your protection against financial ruin if a personal or professional claim should be made against your company. Insurance you must carry by law includes:

  • General liability insurance
  • Professional liability insurance

Then there are optional types of coverage which includes:

Both of which are fairly self-explanatory. But, when you open a trucking fleet you also need various types of vehicle insurance which are required by law to carry on motor vehicles in the Lone Star State.

Trucking Insurance Available for Texas Fleets

By this point you may be asking why an attorney would be touting the benefits of insurance. However, if you stop to think about just what it is than a Texas injury attorney does, you will understand that these attorneys work with insurance claims all day, every day, and they know what can happen to a trucking fleet that didn’t feel the need to purchase adequate overage.

Some of the types of insurance your startup trucking business would need to carry would be:

  • Truck Liability Insurance (required by law)
  • Motor truck cargo coverage
  • Physical damage trucking coverage (required by law)
  • Personal Injury Insurance (required by law)
  • Fleet trucking insurance
  • Contingent cargo coverage
  • Haulers insurance
  • Dump truck insurance

And, the list goes on. The bottom line is that just one accident could wipe you out if your driver was found at fault. Accident attorneys in Texas know all too well what one major lawsuit could cost companies they represent so of course they would be strong proponents of insurance coverage – the best optional coverage available. This is one area you cannot afford to scrimp on, so carry the best insurance you can buy to protect your trucking fleet from financial ruin. The very best tip you can be given is to invest heavily in insurance. Other investments may be negotiable but insurance is a definite must.


Boris Dzhingarov is a freelance branding & marketing consultant, advising companies and businesses on all aspects of internet marketing, SEO, web design, graphic design, and PPC (pay Per Click). He is the founder of Dzhingarov.com , www.traveltipsor.com , www.blogforweb.com , www.healthannotation.com and www.monetarylibrary.com

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