Insurance for new authorities

Discussion in 'Ask An Owner Operator' started by Mib4u, Jun 15, 2021.

  1. abyliks

    abyliks Road Train Member

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    FYI Ooida doesn’t insure in MA and VA? I think it was, had to do progressive and my first year was 23k, down to 17k second year, few more weeks I’ll know what it drops to again
     
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  3. Big Road Skateboard

    Big Road Skateboard Road Train Member

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    My agent went through Progressive for me. New authority and no actual driving experience. Clean driving record, full coverage on the trailer, 14k roughly.
     
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  4. keen98

    keen98 Road Train Member

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    I'm not sure how that's possible. I had 5yrs experience with a CDL, high 600 credit score, nothing on my MVR , on a 2006 western star and my 1st yr insurance for new authority was $21000!

    Really curious to see what mine drops too at the end of Aug when my 1yr is up
     
  5. chameleon34

    chameleon34 Bobtail Member

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    What do you haul? I just run dry van 1 mil on the coverage across the board with a 30k coverage .on my truck. Just wondering because If you carry a trailer “interchange” rider they want 2100 more a month on mine.
     
  6. Big Road Skateboard

    Big Road Skateboard Road Train Member

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    I couldn't tell ya, just know how much it is. My driving experience was never even questioned. I have had commercial vehicle policies for 20 years with no claims, but nothing over a 14k GVW, and none requiring CDL.
     
  7. mwhjr1988

    mwhjr1988 Bobtail Member

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    I'm live in VA. I got a quote from ooida for about 1400 a month.
     
  8. keen98

    keen98 Road Train Member

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    53 ft dryvan based out of IL
     
  9. TruckInsuranceDude

    TruckInsuranceDude Bobtail Member

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    Carriers are changing all the time. They all want a piece of that Progressive pie. Regionals carriers and others will take new venture for a while, then stop, etc. Best to get an agent that has a lot of markets and has their finger on the pulse of who is taking new ventures. Ask around in the Facebook trucking groups. You'll see trucking insurance agents answering questions in there.
     
  10. Shanebklyn

    Shanebklyn Bobtail Member

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    Brooklyn
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    Yes quotes me at 60,0000 literally
     
  11. staceydude

    staceydude Road Train Member

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    Insurance depends on so many factors, area you live in, range you operate in, credit score, experience level, tickets etc.
     
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