Advance Business Capital Providing Liability Insurance, Physical Damage Insurance, & Cargo Insurance

One-stop coverage for Small to Mid Size Truckers in 48 states.

As a small to mid size fleet trucker or independent owner-operator, the “one size fits all” idea of large-fleet insurance is like ramming a 2 x 4 in a ¼ inch hole. Advance Business Capital is looking out for you. We now offer liability insurance, physical damage insurance and cargo insurance coverage in 48 states with these benefits:

• Lower cash down payments through premium financing
• Fund Payments directly from schedule
• Quick and Easy short form application for 5 units or less

Freight Factoring designed by truckers for truckers

As a Transportation Factoring financial company specializing in the for-hire trucking industry, Advance Business Capital knows the realities of insurance coverage.  We have factored millions of freight bills, including thousands involving claims for cargo damage. How many times have we seen a cargo insurance policy actually provide coverage? Sadly, not a single time.

The dark side of standard cargo insurance coverage

You may not realize it, but most cargo insurance is designed for large fleets—not small fleet truckers or independent owner-operators. Many of these policies have exclusions (things not covered) that can be devastating to a small trucker. They can leave you on the side of the road—even out of business—in the event of an uncovered claim for cargo theft or damage.
Here are some typical exclusions:

• unattended truck – damage or theft while you’re going to the bathroom    or eating dinner on the road, for example.
• parking in an unsecured area – as if you can always find a “secured” area!
  
• crime policy - hiring someone without documenting a criminal background search—even a relative or spouse!
• Read More

The liability and physical damage insurance coverage you need, right-sized for you

By pooling our client base, Advance Business Capital, the leading provider in Freight Factoring, has created a new type of cargo coverage without the exclusions found in standard cargo policies. Through our insurance partner, Frost Insurance, ABC offers cargo insurance for small to mid size truckers in all 50 states. And, we offer liability and physical damage coverage in 48 states (New Jersey and Massachusetts excluded).

Easy insurance application right here online

Just download our insurance application form, fill it out and fax it to us (the fax number is on the first page of the form). You’ll hear back from a qualified agent within 24 hours.

It’s about time somebody paid attention to the truckers insurance needs. Advance Business Capital is ready to help.