Health Savings Account
Why pay more to a health insurance company then what you already have to? If your health insurance plan meets the approved IRS deductible requirement of at least $1,300 for individual and $2,600 for family you qualify to open a tax-deductible health savings account, with a $0 opening account balance.
The purpose of a tax-deductible health savings account is to retain and manage higher cost for medical services, may reduce your adjusted gross income on your Federal Tax Return.
Getting the most out of your health savings account
- Develop a plan to contribute the maximum allowed by law
- Consult with your Tax Professional
- Invest your medical savings, using your health savings account with TD AmeriTrade
Transportation Savings
Your health savings account can also pay for transportation that is required for you to obtain medical services. You would be eligible for $250/month in parking fees and $130/month for Public Transit.
2016 IRS Limits
Health Insurance Deductible
$1,300 Individual and $2,600 Family
Maximum Contribution Limits
$3,350 Individual and $6,750 Family
Maximum Out of Pocket
$6,550 Individual and $13,100 Family
Catch Up
Health insurance policy holders age 55+ can contribute an additional $1,000 per year
MOTOR TRUCKING CARGO
Motor Trucking Cargo covers a trucking concern's (common carrier or contract carrier) liability for property of others, consisting of cargo, hauled or transported by the trucker. Insurance policies are filed with the Federal Motor Carrier Administration under the company's DOT number, including the MCS-90 Federal Filing.
TRAILER INTERCHANGE
Trailer Interchange covers physical damage to any non-owned trailer while in the care, custody or control of the insured.
GENERAL LIABILITY
General Liability coverage protects the insured's business for damage an insured is legally liable because of bodily injury/property damage caused by an accident arising out of the insured's business operations (not directly involving the insured vehicle). Accidents caused by the operation of the insured vehicle are covered under Commercial Auto Liability coverage.
Please see policy endorsements for full coverage definitions and exclusions.
DOWNTIME / RENTAL
Downtime / Rental provides coverage for rental car costs to temporarily replace a vehicle due to a covered loss. Provides assistance in locating a reasonable replacement to keep your business operating.
Save big today with electronic logging
Did you know insurance carriers offer additional discounts for truckers who implement electronic logging systems? The average savings for this program may range from 3-18%. Speak with a local independent insurance broker about your current and future insurance and risk management needs.
