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Insurance

Discussion in 'Ask An Owner Operator' started by Blackhorse77, Mar 30, 2020.

  1. Mar 30, 2020 #1
    Blackhorse77

    Blackhorse77 Light Load Member

    264
    136
    Feb 29, 2020
    0
    With a new authority, what insurance is reasonable? The insurance costs us $22,000 per year for 2010 Kenworth T660 and 2013 Great Dane trailer W/reefer.
    Does anyone use Northern Insurance Specialists? They are way cheaper. But is it a safe coverage?
     
    Last edited: Mar 30, 2020
    Blackhorse77, Mar 30, 2020
    Blackhorse77, Mar 30, 2020
    #1
    amyluong Thanks this.
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  3. Mar 30, 2020 #2
    Thetrashnoob

    Thetrashnoob Light Load Member

    242
    42
    May 30, 2019
    0
    Location? I got quoted at just about 25k for a new authority I think here in ma. It’s not going to be cheap the first few years
     
    Thetrashnoob, Mar 30, 2020
    Thetrashnoob, Mar 30, 2020
    #2
    Blackhorse77 Thanks this.
  4. Mar 30, 2020 #3
    Spyro2112

    Spyro2112 Medium Load Member

    567
    381
    Mar 17, 2018
    0
    Bmo
     
    Spyro2112, Mar 30, 2020
    Spyro2112, Mar 30, 2020
    #3
  5. Mar 30, 2020 #4
    Blackhorse77

    Blackhorse77 Light Load Member

    264
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    Feb 29, 2020
    0
     
    Blackhorse77, Mar 30, 2020
    Blackhorse77, Mar 30, 2020
    #4
  7. Mar 30, 2020 #5
    Blackhorse77

    Blackhorse77 Light Load Member

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    Feb 29, 2020
    0
    Thanks
     
    Blackhorse77, Mar 30, 2020
    Blackhorse77, Mar 30, 2020
    #5
  8. Mar 31, 2020 #6
    abyliks

    abyliks Road Train Member

    3,080
    6,891
    May 2, 2010
    ludlow MA
    0
    $23, and change with progressive, 97 KW and a 2011 utility reefer, 1 mil general 100k cargo,
     
    abyliks, Mar 31, 2020
    abyliks, Mar 31, 2020
    #6
  9. Mar 31, 2020 #7
    Blackhorse77

    Blackhorse77 Light Load Member

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    Feb 29, 2020
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    That is a lot.
     
    Blackhorse77, Mar 31, 2020
    Blackhorse77, Mar 31, 2020
    #7
    PE_T Thanks this.
  10. Mar 31, 2020 #8
    abyliks

    abyliks Road Train Member

    3,080
    6,891
    May 2, 2010
    ludlow MA
    0
    It is what it is, part of doing/starting business and not going to get any cheaper, hopefully goes down in a few years
     
    abyliks, Mar 31, 2020
    abyliks, Mar 31, 2020
    #8
  11. May 27, 2020 #9
    strollinruss

    strollinruss Road Train Member

    1,366
    1,697
    Jun 5, 2012
    Montgomery, TX
    0
    I’ve been in business for 15 yrs and mine went waaaaay up. From 8500 yr per truck to 14k. Sucks donkey balls
     
    strollinruss, May 27, 2020
    strollinruss, May 27, 2020
    #9
  12. Jul 20, 2020 #10
    Tama Mai Hawaii Nei

    Tama Mai Hawaii Nei Light Load Member

    296
    127
    Sep 6, 2013
    Las Vegas, NV
    0
    I just reactivated my authority it was $17K that's with 1mil liability 2mil aggregate 100K cargo and 50k non trailer A rated.
     
    Tama Mai Hawaii Nei, Jul 20, 2020
    Tama Mai Hawaii Nei, Jul 20, 2020
    #10
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