1st year Authority Insurance

Discussion in 'Ask An Owner Operator' started by Transportacion R&R, Aug 26, 2020.

  1. Transportacion R&R

    Transportacion R&R Light Load Member

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    Apr 10, 2020
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    How does it rate out there guys when paying for your first year Authority insurance?
    2 trucks 2 drivers
    Liability $1M
    Comprehensive limit of liability less deductible ($1000.00)
    Collision limit of liability less deductible ($1000.00)
    Motor Truck Cargo $250k


    $20300.00 Paid in full at once.
     
    jamespmack Thanks this.
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  3. blacklabel

    blacklabel Heavy Load Member

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    Does it change if you raise your deductible to $2500?
     
  4. jamespmack

    jamespmack Road Train Member

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    OH
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    That's the most reasonable first year quote I have seen in a long time. Not bad for two trucks. Keep a clean record and it will come down some.
     
    86scotty, wis bang and blacklabel Thank this.
  5. Sumday33

    Sumday33 Bobtail Member

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    Aug 28, 2020
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    getting my authority very soon for my 2 trucks. what insurance company did you use? i need to find quotes
     
  6. Transportacion R&R

    Transportacion R&R Light Load Member

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    Apr 10, 2020
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    From what ive heard, and the one that i found the cheapest was Progressive. Youll be paying about 23k
     
    Sumday33 Thanks this.
  7. TXhog

    TXhog Bobtail Member

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    Aug 27, 2020
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    1 truck, I was quoted $20,000 a year with Canal.
     
  8. RunningAces

    RunningAces Road Train Member

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    1 truck, great credit score, clean mvr, new authority in an affordable area of the country. 2 years driving experience.

    $10,000 from progressive with 100k cargo, 1 million liability, 60k comprehensive, and uninsured motorist.
     
  9. 86scotty

    86scotty Road Train Member

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    Aug 27, 2017
    Appalachia
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    Call Commercial Insurance Solutions in Ohio. They are great.

    Also, truck insurance has a heck of a lot to do with your address and it makes no sense. Some states are just high for no reason. Less populated states are usually lower. It's just luck of the draw.
     
  10. Transportacion R&R

    Transportacion R&R Light Load Member

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    Apr 10, 2020
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    Is it worth getting bobtail insurance and or occupational insurance
     
  11. fishonron

    fishonron Medium Load Member

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    Jul 25, 2017
    North Central Kansas
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    Keep in mind that what State you operate out of makes a HUGE difference.

    The thread title should be....First year of authority insurance in the State of .......
     
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