Does anyone know good and cheap insurance company for trucks?

**vadim2200** · 05.30.2012

Does anyone know good and cheap insurance company for trucks? My progressive is giving way more then last year, so i want to find something new and possibly better.
Thanks

**lovesthedrive** · 05.30.2012

Contact the people at Ooida.com, thats what they are there for. Owner Operators.

**vangtransport** · 05.31.2012

Check out Mcgriff, Seibels & Williams as well. Depending on you experience & they offer several options.

**BigBadBill** · 05.31.2012

www.cmbrown.net Ask for Gabe. Many on here have worked with him and he will spend time helping you even if he doesn't write in your state.

Love OOIDA but if you are not happy with Progressive rates you will not like OOIDA.

**TheBigDiesel** · 05.31.2012

OOIDA is a joke and a B rated insurer that some brokers and shippers will not accept.

Originally Posted by lovesthedrive

Contact the people at Ooida.com, thats what they are there for. Owner Operators.

**kwswan** · 05.31.2012

I just got a quote today from Sentry ins. for 1 trk.,3trl's.,unlimited radius,1 million liability,100,000 cargo for 5600 per year.
Ooida was two hundred dollars cheaper but as was pointed out some will not accept their ins.

**rsconsulting** · 05.31.2012

I'm getting quotes out of SoFla that are off the charts (no I haven't called your people yet 40glock). Been suggested I locate my biz outside of florida - but the difference in state taxes (income/personal property in neighboring states - FL has none) by establishing residency there - plus my corp being a Florida Corporation - kinda forces me to keep my license/etc. in Florida. The difference in insurance rates is offset by the hassle of establishing legal residency elsewhere (both monetarily & logistically).

Agent who writes for Travelers "soft quoted" me $12K out of S. Florida and 9K out of N Florida.

I'm waiting until the end of Nov (when the 3 year old at-fault-non-cmv accident, comes off my record), to really get serious about quotes & "alternative addresses".

OOIDA (a non-profit) doesn't write the insurance - a "for profit" corporation does - and it's a "risk group or pool", not (necessarily) the same kind of insurance that Progressive/etc. writes. All the "Majors" are actually "backed" by a larger "major" as far as financial backup goes.

Rick

**Clasix1055** · 05.31.2012

I went with OOIDA....couple of brokers dont accept them but I set up with 5 major that do and havent had a problem yet ( its only been a week) i have had LS agents call me about my posted truck I say your company doesnt accept my insurance, they say whats that I say OOIDA. They say huh? You sure...I say positive...one guy said learn somethin new everyday the other said All you have to do is say no not make up stories...go figure

**BigBadBill** · 06.01.2012

Originally Posted by Clasix1055

I went with OOIDA....couple of brokers dont accept them but I set up with 5 major that do and havent had a problem yet ( its only been a week) i have had LS agents call me about my posted truck I say your company doesnt accept my insurance, they say whats that I say OOIDA. They say huh? You sure...I say positive...one guy said learn somethin new everyday the other said All you have to do is say no not make up stories...go figure

OK, I know you knew this before you bought. You are costing yourself significantly more than you are saving by not being able to haul for LS. PM me and I will give you some examples of LS rates in your area plus some of the projects that we have done. I have two drivers that just on LS freight alone would pay for the difference in annual premiums in one week.

**Clasix1055** · 06.01.2012

Originally Posted by BigBadBill

OK, I know you knew this before you bought. You are costing yourself significantly more than you are saving by not being able to haul for LS. PM me and I will give you some examples of LS rates in your area plus some of the projects that we have done. I have two drivers that just on LS freight alone would pay for the difference in annual premiums in one week.

If I do that Bill I will start kicking myself and question my decision....I am going to stay on this course get my feet under me, have a good understanding, then I may consider making a change....I am set up with CH, Mercer, Kaplan, CRST, and UTI, from what I see in my area I should be ok (until I see a Landstar rate sheet) I will avg $2.42 on 2400 for the week and spend the weekend at home so its not too bad. I always want to make money but as you may remember the first two weeks have been a whirlwind so I am going to keep my focus for a couple of months while I get my bearings. THANK YOU for all of your assistance and advice