Insurance
Discussion in 'Ask An Owner Operator' started by Batman13, Mar 25, 2021.
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Depends on where you are, and whether it's a new authority or not.
In CA, for a new entrant DOT#, we'd charge $ 25,000 - 30,000 depending on mvr for full coverage. Down payment for finance company would be 20-25%.....or $ 6,000 - 7,500. -
Tx ..new authority..is 8 down payment hi or normal?
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Seems high to me. How much is the lump sum for the year?
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Given our rate structure in Texas I'd say it's in line with what we do in CA
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I had to pay about 20% last year as a down payment and that was a total of 3200. In Georgia. I was told GA has extremely high rates. Hope this helps.
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Depends on a lot of things. Sounds super cheap to me but down payment means nothing. What's the full quote for a year? Where are you? What year/model equipment are you running?
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I’m with progressive and all I had to do was pay the first month when I started
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I’m new and shopping around for insurance. I got a quote that nearly made me pass out. 100k for the year!!
I’ve had two accidents in the past before I got my cdl. It seems insanely high though.
If anyone can share some insight I would appreciate it. And yes it’s 100 thousand dollars for my first year.
I’m based on Florida and California -
That's insane. I believe somebody screwed up somewhere. How many trucks do you have?
Rideandrepair Thanks this.
Trucking Jobs in 30 seconds
Every month 400 people find a job with the help of TruckersReport.
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