Which state should I incorporate in?

I am starting a company and would like your insight on this. The business model will be OTR to all 48 states, and eventually Canada but for the beginning, just 48 states. I will hire drivers when I start.

I live in NY and want to start the company out of state, either New Jersey, Indiana or Ohio. The reason I want to do this, is because insurance is expensive here in NY.

An agent told me it would be around $10k for the year in Ohio, and he said Indiana is similar, so in this case, I will open in Indiana because I have more resources ie. truck parking, family who lives there, etc.

I will look into NJ rates but I am very confident it will be expensive. Almost all agents I have been speaking to told me Insurance companies quote based on where you garage the trucks. But I see a lot of companies that have an Ohio address on their SAFER PROFILE, but their google address is in NJ.

Either I incorporate in NJ while I live in NY or I incorporate in Indiana while living in NY. Does it make sense to operate the business this way?

 

New York is extremely expensive though, and I spoke to agents from different states who all said, don't open in NY. There's a mileage radius limit for NY and there's less insurance carriers to work with, when pulling quotes.

I think Indiana will be my best bet, after speaking to a few other insurance companies. NJ is pretty much the same as NY, but there's more options than NY, in terms of insurance carriers.

 

Because I like where I live, but it's just the taxes and insurance that's the issue.