Is this for 1 mill liability, cargo and physical?
For me liability alone is $23k.
My corporation is based in FL and so is my authority.
Are these insurance quotes reasonable???
Discussion in 'Expediter and Hot Shot Trucking Forum' started by 24kHotshot, Jul 24, 2019.
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It's the standard $1 million $100k that brokers require.
Here I uploaded a screen grab... this is the auto and general freight..
It's $17k if I pay cash, $20 financed
Keep in mind thats nothing on my truck if My truck gets totaled. It's a paid off used truck and I can just replace it or fix it myself.Attached Files:
Last edited: Aug 12, 2019
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I wish you guys all the luck in the world. I know you live and work in Florida and setting up your operation, when ever I went there mostly delivering bank vault doors ( which paid good ) getting out was always difficult ( with something paying) most of the time deadheading to GA. or Al. made the most sense to me. The first few times I lost a lot of time just looking at the load board ( nothing there ) No disrespect intended just my experience.
24kHotshot Thanks this. -
Last edited: Aug 12, 2019
procharged392 Thanks this. -
Personally though I really do not like FL much and will eventually move elsewhere but I need to stay here for the time being.. -
I told you yesterday my rate was $20k as a auto carrier.. Today was an Amazing day..
Turns out today was the day a minor love tap booboo dropped off my licence. When I 1st started driving trucks, I love tapped a Cascadia's side skirt on a snow covered lot. Was just a small crack in the plastic under $500 but because it was a MEGA's truck and a company's driver it had to be reported and it ended up on my records.. (3 points)
Well today, it turns out that dropped off my record. I called back to get a quote for insurance out of Missouri because that's where my LLC is based. The agent I spoke to today noticed the change in my accident dropping off so he gave me a new quote in FL..
My new quote as a Auto carrier with new MC in FL is $12k/year financed.. (that's zero reportables so far as tickets or accidents.) Amazing what the difference in 24 hrs is right?
Now get this, it gets better...
He gave me a quote with the business run out of Springfield, MO and my MC pulled from there.. Still the exact same insurance but a few small differences in what MO & FL require.. but drumroll....
$8,5k/year.. for a band new MC# that can haul both cars & general freight.. Needless to say I will be soon taking a trip back out to MO and renting a office..
Also I checked the difference between $100k cargo & $250k and it's about $1,5k/year if I were to up it to that much.
Edit, I also want to not that I am getting a discount because I've been with Progressive with my personal policy for quite a few years. Not sure how much that effects it as well.Last edited: Aug 13, 2019
procharged392 Thanks this. -
I called progressive and the agent wouldn’t even quote because my numbers weren’t a year old.
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mmk trucking Thanks this.
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Since this topic got bumped, I wanted to post something I found online over at
Which States have the Best Rates for Truck Insurance - Trucking Blogs
It's a list from Progressive for the average New MC insurance cost for a tractor trailer single operator MC for ever state. It's a 2016 list fyi
Seems Mississippi is the cheapest by far
State With USDOT Filing Without USDOT Filing
Alabama $14,216 $10,284
Alaska $9,326 $6,915
Arizona $11,797 $6,102
Arkansas $14,922 $10,973
California $14,041 $11,834
Colorado $12,110 $7,294
Connecticut $17,004 $16,946
Delaware $19,670 $17,351
Florida $19,480 $12,872
Georgia $20,641 $15,200
Idaho $9,008 $6,887
Illinois $13,781 $7,704
Indiana $11,141 $8,430
Iowa $8,866 $5,615
Kansas $10,160 $6,645
Kentucky $15,500 $11,555
Louisiana $23,453 $19,736
Maine $13,763 $9,535
Maryland $16,056 $11,112
Massachusetts $17,017 $5,447
Michigan $13,793 $8,910
Minnesota $12,820 $9,669
Mississippi $4,664 $3,552
Missouri $11,757 $7,646
Montana $9,492 $6,501
Nebraska $8,664 $6,259
Nevada $16,912 $10,681
New Hampshire $11,390 $6,817
New Jersey $20,255 $20,763
New Mexico $9,738 $7,298
New York $16,949 $17,585
North Carolina $10,630 $7,450
North Dakota $9,206 $6,456
Ohio $9,933 $7,094
Oklahoma $13,383 $9,376
Oregon $11,272 $8,484
Pennsylvania $12,470 $7,536
Rhode Island $17,220 $14,046
South Carolina $13,376 $9,390
South Dakota $9,013 $6,689
Tennessee $13,773 $9,592
Texas $14,497 $10,533
Utah $11,110 $9,121
Vermont $9,643 $6,937
Virginia $13,119 $9,957
Washington $12,706 $8,484
West Virginia $14,638 $11,687
Wisconsin $9,231 $6,714
Wyoming $7,149 $4,927procharged392 and Lite bug Thank this.
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