Another New Authority Insurance Thread

Discussion in 'Ask An Owner Operator' started by LTLdreamin, Dec 8, 2020.

  1. LTLdreamin

    LTLdreamin Light Load Member

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    Sep 8, 2020
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    Hey guys, I was trying to get my own authority and pull a flatbed but no one seems to want to insure me except for Progressive for a whopping $39,316 a year! I got quotes from 3 different insurance brokers and this is what all of them came back with. I can't understand why its this hard to get going. Well maybe I do understand, its where I live. Bronx, New York. All the brokers told me anything outside of NYC will get me a better rate, I guess its time to move? Anyone have any advice for me? I'm 28 with 0 points and accidents and had my class A since 2014, class B since 2011. Any help is appreciated!
     
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  3. SteveScott

    SteveScott Road Train Member

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    I was going to say, you must either be in California or NYC for quotes that high. Your age and new authority will make it nearly impossible to find affordable insurance unless you lease on with a carrier for a couple years and get on with their insurance. But of course that defeats the purpose of wanting your own authority. Maybe you can find a carrier that will let you run your own loads in addition to theirs.
     
  4. abyliks

    abyliks Road Train Member

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    I went through progressive at 29 for my new authority which was 23k, just got the renewal and it went down to just over 17k, I live in MA and got my class a in 2007
     
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  5. danny23tx

    danny23tx Road Train Member

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    Austin,Tx
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    My first year with progressive was around 24k in my fourth year im down to 10.5k
     
    abyliks Thanks this.
  6. Lazarus Jackson

    Lazarus Jackson Bobtail Member

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    Dec 22, 2020
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    Have any luck since you posted?I'm in the Bronx too trying to figure it out before I pull the trigger
     
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