Question on truck insurance

That sucks! we don't even drive in Florida - it's just a place to park the truck, the flatbed rate is terrible here. Our IFTA always shows less than 300 miles here per quarter. Our registration costs us $1500.00! what a rip-off.

 

I'm in GA, and my 48 state plates are pretty close to that per year also, I think most all states are going to be the same at the IRP office.

 

Thanks for that info, i don't feel so bad now.

Now to get cheaper insurance. Right now we pay $7600, i'd like to get it down to the $4000 range. All we need is 1 mil liability, FL PIP, and $100,000 cargo. I'm calling lots of agents to see what's out there. I wish we could go direct with Northland because i get the feeling agents are taking different cuts.

 

Quick question about insurance. I have heard that progressive is the only company that will offer new cdl drivers insurance w a 500 mile radius. Just as an example if im based in Atlanta and have a 500 mile radius i could drive to Tampa, FL w a load and then from Tampa i could take a load to Indianapolis and still be in my 500 mile radius?

 

As long as you're within your 500 mile radius of Atlanta. Best to check with Progressive to make certain though.

 

I was wondering has any of you ever checked to see how much it would cost to get insurance on someone with a DUI? I have been told it is costly. But I was wondering just how costly it is?

 

One more question on this subject. Is it true that if you list someone as a co-driver that the insurance companies are more lenient?

 

If you need to ask an agent free to ask me as I am in the unique position of being an agent and owning a small trucking company. The goal being to get out of insurance and owning a small trucking company full time. Northlands is owned by Travelers and access to them is through agents only - A majority of agents ( 98% ) get a 10% cut of the premium. The premium for my 2006 Freightliner and 04 Strick Dry Van is about $4871 out of Atlanta, GA. That includes Auto Liability, General Liability, Cargo, Physical Damage and that number inlcudes the cut that goes to the agency that I work for. There are many variables that go into the rating so feel free to ask if you have any questions.

 

depending if your going to be a local driver or 48 state... usually a policy with a CSL of $1,000,000 and depending on the the value of the truck and cargo limit.. and what exactly you will be transporting will determine the premium... i.e. $1,000,000 csl., a truck say worth $20k and cargo at $100k your looking at approximately $5500-$6500 but again it all depends on the value of the truck, your route, state based out of. etc.

 

isnt it just amazing how many people get a cut out of one policy,,insurance weather it be health,trucking,construction,homeowners or general bizness,,,is a ripoff,and a way to regulate you,,,,proggressive ,,,,,,yah there a deal ,500 mile radious,,???what are they thinking,if your gona run hell go for broke!!!! cause if you stay in a 500 mile radious, being o/o hope your equipments paid off,,,,,or have a hell of a long term contract,,,cause i cant see with a 500 mile radious how you could afford fuel not let alone the truck