newbie truck owner looking for advice!!!

Discussion in 'Ask An Owner Operator' started by gyayo2012, Sep 26, 2011.

Page 1 of 2
  1. Sep 26, 2011 #1
    gyayo2012

    gyayo2012 Bobtail Member

    12
    1
    Sep 26, 2011
    acushnet
    0
    hey everyone im new to the o/o game just picked up my first rig 2000 kw t800 triaxel, my questions are 1 who should i use for an insurance company i live in mass and plan on hauling from the local tilcon plant mainly black top and gravel, ive called a number of insurance companys and have gotten 10k plus a yr. quotes.. idk if its because im young and its my first rig or am i just going to get bent over every yr. no matter what?.. the other ? is how much coverage should i be expecting to purchace with the policy is base coverage "good enough" as they say, or should i be getting full bore top notch everything.. since ill be runnin mainly blacktop the runs are usualy short and im not traveling far im going to be driving the truck! not hireing any bozo to go grinD my gears all day!! also the last question i have is some guys are telling me that they are running with no general liability insurance.. do you need a g/l insurance or are you covered enought with the reg comercial truck insurance.. because i dont want to be going bankrupt for some b/s and notbeing covered!!

    thanks to all any info would be much apreciated!! just need to get this truck runnin already sick of haveing a 50k lawnorniment!!!
     
    gyayo2012, Sep 26, 2011
    gyayo2012, Sep 26, 2011
    #1
  2. Truckers Report Jobs

    Trucking Jobs in 30 seconds

    Every month 400 people find a job with the help of TruckersReport.

  3. Sep 26, 2011 #2
    BigJohn54

    BigJohn54 Gone, but NEVER forgotten

    1,972
    1,599
    May 13, 2011
    SW Missouri
    0
    We don't know how long you have had your CDL or what your MVR is like. I don't believe your part of the country is know for cheap insurance either. Your location, operation, MVR and years of CDL experience are all factors in price.

    For OTR most new drivers will pay $9,000 - $12,000. I doubt that local insurance is much less expensive than OTR but I don't know for sure. I personally would not be comfortable without a business liability policy in today's legal climate.
     
    BigJohn54, Sep 26, 2011
    BigJohn54, Sep 26, 2011
    #2
    SHC Thanks this.
  4. Sep 26, 2011 #3
    crzyjarmans

    crzyjarmans Road Train Member

    3,344
    2,473
    Jun 9, 2010
    Home
    0
    Is this a year? or what?, my million dallor policy is $3156.00 a year
     
    crzyjarmans, Sep 26, 2011
    crzyjarmans, Sep 26, 2011
    #3
  5. Sep 26, 2011 #4
    MassHole

    MassHole Medium Load Member

    399
    109
    Aug 18, 2010
    wareham, mass
    0

    little off topic but you from acushnet mass?
     
    MassHole, Sep 26, 2011
    MassHole, Sep 26, 2011
    #4
  7. Sep 26, 2011 #5
    Dryver

    Dryver Road Train Member

    2,818
    2,576
    Nov 30, 2008
    Sioux Falls, SD
    0
    Why would you buy a truck before knowing this?. Just sayin, Good luck.
     
    Dryver, Sep 26, 2011
    Dryver, Sep 26, 2011
    #5
    Crazy D Thanks this.
  8. Sep 26, 2011 #6
    BigJohn54

    BigJohn54 Gone, but NEVER forgotten

    1,972
    1,599
    May 13, 2011
    SW Missouri
    0

    Sorry I should have defined what I was speaking about. I was talking about an insurance policy for an OTR truck with authority. This would include $1,000,000 liability, $100,000 cargo and comprehensive and collision.

    What I said is based on at least four posts from new driver/owners or seasoned owners looking to put on inexperienced family members as drivers.
     
    BigJohn54, Sep 26, 2011
    BigJohn54, Sep 26, 2011
    #6
  9. Sep 26, 2011 #7
    gyayo2012

    gyayo2012 Bobtail Member

    12
    1
    Sep 26, 2011
    acushnet
    0
    mass hole, yea.. howd u know?..

    dryver, I knew more or less but the more i asked around the more crazy answers i was coming across! fig id post and get some st8 answers from the big guns! plus you dont get nowere day dreamin!!! fig id put it in high gear n get the tires rollin!!!!

    bigjohn, yeah the cheapst quote i have gotten was a little over 10k for the year!

    Thanks everyone!!
     
    gyayo2012, Sep 26, 2011
    gyayo2012, Sep 26, 2011
    #7
    Dryver Thanks this.
  10. Sep 26, 2011 #8
    truckfam

    truckfam Medium Load Member

    458
    138
    Aug 29, 2009
    Frederick, OK
    0
    obvious troll was being obvious.

    Some truckers are still gentlemen. YEA GENTS!
     
    truckfam, Sep 26, 2011
    truckfam, Sep 26, 2011
    #8
  11. Sep 26, 2011 #9
    MassHole

    MassHole Medium Load Member

    399
    109
    Aug 18, 2010
    wareham, mass
    0
    Well your location says acushnet. Used to live in new beige so i know acushnet a little bit and just figured hell what are the odds, he's gotta be from mass
     
    MassHole, Sep 26, 2011
    MassHole, Sep 26, 2011
    #9
  12. Sep 27, 2011 #10
    ShortBusKid

    ShortBusKid Heavy Load Member

    955
    1,269
    Dec 5, 2010
    Vegas
    0
    Progressive was by far the cheapest for shorthaul Ops in my neck of the woods. May want to see if they write policies up there. If you go over a certain distance consistently they won't insure for some reason.
     
    ShortBusKid, Sep 27, 2011
    ShortBusKid, Sep 27, 2011
    #10
    gyayo2012 Thanks this.
  • Truckers Report Jobs

    Trucking Jobs in 30 seconds

    Every month 400 people find a job with the help of TruckersReport.

    • Page 1 of 2