Is this a good rate for bobtail ( leased to a carrier) ?

Discussion in 'Ask An Owner Operator' started by mp4694330, Feb 2, 2013.

  1. mp4694330

    mp4694330 Road Train Member

    1,526
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    Aug 30, 2010
    Chicagoland
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    Non trucking liability


    1 000 000 limit
    UM/UIM 25 000/50 000
    Physical damage
    Comprehensive Deductible 1000
    Collision Deductible : 1000
    Value 17 000$
    2001 Volvo


    Premium: 1198$ ( year rate paid in full)


    Great West


    4 years CDL


    Basically same rate (within few bucks) like last year.
     
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  3. losttrucker

    losttrucker Road Train Member

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    greenville,nc
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    For all your same levels and my physical damage on a 2005 Freighliner Columbia set at $41,000 (finance company requirements) I pay $88 a month with 1st Guard Insurance
     
    mp4694330 Thanks this.
  4. losttrucker

    losttrucker Road Train Member

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    Mar 9, 2008
    greenville,nc
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    I have a 2005 Freightliner Columbia

    All your same levels except my Physical Damage is at $41,000 (finance company requirements) I pay $88 a month

    with 1st Guard Insurance......great customer service and a breeze to get ANY documents or questions answered
     
  5. mp4694330

    mp4694330 Road Train Member

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    How many states do You run?
     
  6. losttrucker

    losttrucker Road Train Member

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    greenville,nc
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    Im registered for all 48
     
  7. cominghomesc

    cominghomesc Light Load Member

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    Apr 20, 2010
    sc
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    No it is not a good rate I would shop it
     
  8. CATshaker

    CATshaker Bobtail Member

    35
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    Sep 25, 2010
    Rushville, IN
    0
    i have insurance thru OODIA ,
    with the same criteria as you.
    physical damage covers the value of the truck the day
    it is wreck, not at a rate you want to insure or what a
    insurance requires...
    i have 2009 peterbilt 386,,, right now the market on my truck
    is anywhere from 65000 to 85000(truckpaper.com)
    my yearly payment is
    1285.00 physical
    and
    500.00 for bobtail
    that was for 2012
    this year it is 180 less
    and that is for making monthly payments
     
  9. heavyhaulerss

    heavyhaulerss Road Train Member

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    I checked 1st guard for a online quote. 95' intl value at $8000.00 trailer valued at $7000.00 quote was $123.00 I pay $ 118.00 now
     
  10. losttrucker

    losttrucker Road Train Member

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    Mar 9, 2008
    greenville,nc
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    Hmm, never understood how insurance rates are so widely different but atleast all you lost was time..............
     
  11. BigBadBill

    BigBadBill Bullishly Optimistic

    4,599
    4,438
    Oct 2, 2010
    Chattanooga, TN
    0
    Not a great rate but it is the best insurance you can buy.
     
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