Question on this list of insurance rates

The list from the 1st post..

*These rates were based on a 40 year old driver with clean MVR and median insurance credit score, an 8 year old $40K tractor and $22K trailer with $1 Million Primary Liability and $1,000 deductibles for Comp and Collision.


For my own quote, yes mine includes 100k but I can up it to $250k for another 1,2k I think they said if I need to.

 

I've been threw the leasing on to other companies, ordeal. I'm not spending all this money to pay someone else 20% of my income then have to pay them insurance and "other fees" on top of that 20% and still have them telling me how I need to run my truck. You add that money up if you run like I do and it's a lot of money and I'm still responsible for everything short of picking loads and collecting.. I can pay a factoring company and not deal with collecting and if I really need to I can hire a dispatcher..

If I wanted to be a company driver that's what I'd do.. Also I'm not going to not go into business because "what if".. It's not like you can't take a step backwards if you don't do well your 1st go.. You still have a truck and trailer.. If you don't make it on your own you can still lease on.. It's not like going out on your own numbers is the last gig you have a chance at..

To me it's about me deciding my fate not some guy in a office somewhere. I want to decide where I'm running what I'm hauling..When I'm running.. If I don't make what I wanted to make then it's my fault or my bad decision, not me wondering why I can't get a better load from a guy that is dispatching 100 other trucks with 100 other drivers yelling at him..

I'm still up in the air if I do cars or freight. if I do cars only I can run locally and probably even run with out dealing with HOS (I'm under 100 air miles to Jax, Tampa & Orl). I can also get insurance even cheaper if I do intrastate.. However I don't like FL much and I like to drive.. but I might age my MC# a bit running local cars for dealers.. I used to have my dealers license so I know that game..

 

Yeah, that's why I was wondering if the 2 years helps. I bet that's a big part of it for you being under 1 year much less 2.

 

A OO pulling $5k a week would be losing $1k a week at 20%.. That's $4k a month $52k a year.... and most of these companies want to charge you for insurance on top of that 20% and also have lots of other nickel and dime services...

Added to this by them dispatching you and you running under their authority they are in control of your business, in control of your income.. Im sorry but I did the lease thing before... I'm not going to now spend the money to get my own equipment just to have someone else take 20% of my earnings and decide what loads I get and when I run and how much I make..

Honestly more guys should really look at how much they are paying when they pay that 20% or whatever they pay.. I mean hell look at a company like Landstar they are charging like 25 or 30% and I think if Im not mistaken you have to rent the trailers from them on top of that, dispatch your own loads and buy their insurance...

$8,5k or even $12k a year for insurance is a bargain when you look at it that way..

 

Oh I thought it was you that said 8 months but guess was the other guy maybe.