insurance cost

Discussion in 'Ask An Owner Operator' started by dobby57, Apr 17, 2016.

  1. dobby57

    dobby57 Bobtail Member

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    Apr 17, 2016
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    What is the average cost of insurance of truck with cargo insurance also. I'm getting my own authority with 2 trucks.
     
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  3. wore out

    wore out Numbered Classic

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    Pretty vague question. How much liability are you going with, the 750 minimum or more? How much cargo do you need? What is the value of the equipment you are insuring? What kind of radius do you plan to run?

    Its impossible to even stab at it in the dark without info
     
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  4. Ridgeline

    Ridgeline Road Train Member

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    I've gotten quotes from $12k to $18k per year which to me wasn't worth the authority. I stopped looking at four quotes.

    Now this is with drivers who have no tickets (or a couple), no violations and fleet discount - all too high to justify the move.
     
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  5. 77fib77

    77fib77 Road Train Member

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    It's priced better or worse in different areas.
     
  6. dobby57

    dobby57 Bobtail Member

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    Apr 17, 2016
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    2 truck at $40,000 a piece. Driving with in a 300 mile radios. 2 million cargo.
     
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  7. dobby57

    dobby57 Bobtail Member

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    Apr 17, 2016
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  8. dobby57

    dobby57 Bobtail Member

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    Apr 17, 2016
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    • 2 trucks with a value of $40,000 each , driving in a 300 mile radios. And cargo insurance of 2 million dollars
     
  9. wore out

    wore out Numbered Classic

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    Shot in the dark 8k.
     
  10. ramblingman

    ramblingman Road Train Member

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    I insure a 25k truck and 50k trailer with 150k cargo,unlimited distance,1 million liability plus bobtail and whatever else is legally required.

    Cost me 1250 a month.
     
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  11. wore out

    wore out Numbered Classic

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    I guess that's where 19 years pays off. I pay half that on two trucks valued at 25 and 35. Two trailers honestly don't remember where the value is but a 15 model goldline spread and a 12 timpte super hopper. 150 cargo, million liability etc.
     
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