posted by TrueNorth Transportation on Monday, February 8, 2021
Many companies opt to take control of risk by moving to a higher deductible or self-insured retention (SIR). With lower deductibles and higher premiums, a motor carrier does not have a seat at the table to negotiate claims. By moving to a higher deductible or SIR, companies can gain control and reduce costs. Upon transitioning there is often a shift for an organization to handle claims in-house within that primary layer.