best prices on insurance

Discussion in 'Ask An Owner Operator' started by jstephens, Apr 25, 2015.

  1. jstephens

    jstephens Light Load Member

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    Dec 1, 2013
    dayton ohio
    0
    looking to get my own authority this year ive been leasing on for a year and a half with someone and would like to know who you guys go through on insurance and what are some rates i can expect monthly i believe im paying 700 monthly through my lease company
     
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  3. EHB

    EHB Medium Load Member

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    Apr 26, 2011
    Newfoundland
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    That's good. All depending where you are located on the North America area. Some of us are paying as high as between $12,000 to $18,000 for general freight or less.

    Seems like if you can hook a large company insurance plan you save quite a bit of money.

    Other then that it is not cheep.

    Because of the insurance going up ever year or so
    Many O/O are giving trucking up altogether.

    Because it is getting too expensive with other larger companies under cutting fright prices.
    They are forcing smaller companies out of business or buying them out.

    Many O/O are looseing their independence and want to get out while the getting good.

    I really can not blame them one bit for getting out of trucking because it is not like it was many years ago.

    A true Knight of the road is a rear sight to see now a days.
     
    Last edited: Apr 25, 2015
  4. BigGee

    BigGee Light Load Member

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    Nov 19, 2007
    Down South
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    You do know that mega carriers only make up 10 percent of the trucking industry. They really a small percentage of the industry.
     
  5. EHB

    EHB Medium Load Member

    489
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    Apr 26, 2011
    Newfoundland
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    Tell that to them dam greasy money robbing insurance companies, they don't seem to get that.
     
  6. plague300

    plague300 Bobtail Member

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    Sep 15, 2010
    CENLA
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    I would have guessed closer to being the other way around.

    Can't help with insurance
     
  7. BigGee

    BigGee Light Load Member

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    Nov 19, 2007
    Down South
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    I do agree with you about these insurance companies what they are charging truck drivers are highway robbery.
     
  8. BigGee

    BigGee Light Load Member

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    Nov 19, 2007
    Down South
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    Here's alil trucking fun fact you might not have known. Majority of the trucking industry is made of trucking companies with 6 trucks are less and owner operator.
     
  9. rocknroll81

    rocknroll81 Road Train Member

    1,332
    930
    Sep 29, 2010
    West Allis Wi.
    0
    You can check with OOIDA and see what they have....
     
    EHB Thanks this.
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