So I just purchased a truck, unfortunately the insurance will be to high for me to purchase right off the back, my previous employer said they can get the apportion plates and put it under their authority is their anyone with knowledge of a situation Like this
IRP DOT/MC
Discussion in 'Ask An Owner Operator' started by Ronald7582, Aug 8, 2020.
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I have non trucking insurance, $1M/50k
There telling me to pay for the plates upfront which I can I’m just wondering how can they get plates for me when the truck is financed in my name which mean the title is in my name -
If you have the money to buy your own,I would. You’ll need a lease agreement from the company that you’re leasing to and paid 2290. -
Like I said I’m new to this is there anyway someone with experience can give me a call and breakdown how this works
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Rideandrepair Thanks this.
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Rideandrepair Thanks this.
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If you buy your plates through the carrier this is basically how it will look. You will have to buy them through their account, and it will be registered under their company, but your name will be on their as title holder of the truck. I was mistaken above when I said lessor/lessee, I’m not sure when that changes. I’m not sure how your state is, but I’m not an authorized user on my friend’s account. So I have to take one of his checks to pay with when I license a new truck or trailer, then when I get back home I pay him for my plates. It’s not as difficult as some make it sound.
Rideandrepair Thanks this. -
Rideandrepair Thanks this.
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Ding ding ding! Only risk of them buying the plate, is if you leave, you leave the plate. And if you paid for it, will they refund any funds? But it’s their authority their plates, and their rules.
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