Can an O/O with their own authority purchase insurance through another carrier?
Discussion in 'Ask An Owner Operator' started by Rachav, Dec 17, 2017.
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So I can run under my own DOT number using their insurance?[/QUOTE]
No. Not what I said. You either get you own numbers and insurance and be true O/O OR you lease to a carrier and run their insurance with their authority.
Your authority will be active in a month or less then you cancel the other insurance through the carrier. So technically you will be paying for insurance twice, but only for the amount of time it takes your authority to become active then you drop the carrier that you at leased to insuranceRachav Thanks this. -
So I can run under my own DOT number using their insurance?[/QUOTe]
NO!!!!!!
Their primary ins is for their OWN auth, that you get "permission" to use via leased-on agreememt.
The DOT/DMV issues irp plates tied to those numbers, and those plates belong to the lease holder carrier.
Your own auth will trigger your own primary insurance, which will allow dmv to issue irp tags to you (your auth)LoJackDatHo and Rachav Thank this. -
Okay, I understand now. Thanks. I was just looking for the cheapest option.
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OLDSKOOLERnWV and nax Thank this.
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What you are ACTUALLY looking for is a cheaper option, not cheapest...
And that is a UNICORN.
As a new entrant, you need to grab your ankles, and get lubed up...LoJackDatHo Thanks this.
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