Own Authority!

Pay your dues, every one wants a short cut.

 

My first year was $2300 a month, got my renewal last month and it dropped 7k a year, hopefully drops further next year

 

How many years of driving experience do you have?

 

This is exactly what i was wondering lol

 

What your asking is impossible, you run under someone’s number they provide the liability and cargo. It won’t do anything for your number, now if you have no driving experience a few years driving for someone may help.
To be clear what does the $2700 include.
But you cannot short cut experience, in this business all your work for the last 10 years has to be proven.
The insurance is high based on what others have done and odds are you will screw up .

 

You can do that....... just because you have active authority doesn’t mean you have to use it.....

you also don’t have to have cargo insurance to get active authority. No one will give you any loads but all you need is liability.......

you also have to have all the rest , drug consortium , bla bla bla.

insurance doesn’t care how many loads you do... all they want is no loss runs........

 

Due to potential insurance conflict of interests you should not have your authority active (liability insured by your own coverage) while still operating the equipment under someone else's authority and be insured by their liability too. I run into this when I decided to go on my own and also wanted to run till my MC would go active. My insurance agent said it would not fly and prior to my signing of the insurance binder I had to terminate my then lease agreement. In effect, I waited without any work a little over 2 weeks when I got my authority letter from FMCSA. Perhaps, you could do the otherwise and nobody would find out but is it worth the risk, if there is an accident or something nasty?
Besides, what's the point of getting your authority and still pay insurance premium and not use it? If you don't believe that you can beat the rates you already have with the current carrier you are leased with, then you don't need your authority.