Hey how is everybody doing. I had a question for y'all I am trying to start my hotshot company and I was wondering what all do I need to do I'm in the process of getting a truck and trailer and I am getting quotes on insurance. I heard from somebody before that I should use Foley services.com for my boc3 number mc dot and all that.
Hotshot
Discussion in 'Questions From New Drivers' started by Joey94, Dec 9, 2020.
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You can do all of that yourself. Join OOIDA and they will help you.
singlescrewshaker Thanks this. -
Ok thank you I'll definitely look that upsinglescrewshaker Thanks this.
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Oh yea I was going to do that with the insurance. But dang I didn't know insurance would be close to $40,000 per year I'm in gasinglescrewshaker Thanks this.
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You should do better than $40,000 in GA.
Think a guy from the Bronx was just quoted $39,500 or something ridiculous like that.?
@24kHotshot
I believe was somewhere around $30k his 1st year out of FL..
How much weight do you plan on tagging your hotshot for.? As in less than 26,001lb or more. That will give us a better idea of what all you need to get going.. -
I have a class a cdl so I'll do 26,001 or better
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I have been driving a semi truck for the company I'm with for 4 years now.
singlescrewshaker Thanks this. -
Gotcha.
So yeah, I wouldn't bother paying anyone when you should be able to set yourself up..
Set up sole proprietorship, dba, llc, Inc, something to establish company name.
Get tax ID #
File for dot#
MC# if you plan on leaving GA
Get process agents boc 3
Need insurance for #'s to go active (most brokers require $1millon not the 750k minimum, gonna want some cargo coverage too)
Acquire truck & trailer
IRP for apportioned tags
IFTA for fuel tax
2290 if over 54999lb gross weight
KYU # if over 59999lb gross weight
NY HUT over 18000lb gross
NM weight distance tax
OR has a bond (never been)
Token/Permanent tag for the wagon
UCR filing
Join a drug testing consortium
Sign up for the clearinghouse
Pass a pre employment wiz quiz on yourself
Get ready for new entrant safety audit
That will get you going. I might be missing something. Someone else can add what I may have forgot..? My ol Lady does all the paperwork.. lolKK63, Mattflat362 and Dennixx Thank this. -
Ahh lol oh yea I was going to get my ol lady to do all the paperwork also. But I really do appreciate that man I will be definitely looking into itsinglescrewshaker Thanks this.
Trucking Jobs in 30 seconds
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