hello fellow hotshot drivers I wanted to find out what your paying monthly for insurance, I'm guesstimating that it will be $1,200 per month for liability & cargo, I want to have my own company & be leased on
Hotshot drivers, what are you paying monthly for insurance?
Discussion in 'Expediter and Hot Shot Trucking Forum' started by Menchaca0807, Jun 18, 2017.
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I'm not sure why everyone that posts these insurance questions come up with the same figure every time. I must be missing something. My insurance is with Progressive Commercial and is as follows
Liability $1,000,000.00
Cargo $150,000.00
Truck 2016 Ram 2500 SLT 4X4
Trailer 2017 Kaufman 35.5 Car Hauler (Liability Only)
Full Coverage Comp and Collision (Truck) (not financed but still want coverage)
Monthly Payment $879.85
Total Premium for Year $9,677.25 There is an installment fee every month since I don't pay the policy off in full.
0 Accidents
0 DUI
0 Damage Claims
0 Tickets
Well there is my two cents. Good Luck with everythingAnj Thanks this. -
Hi Ryan, thanks for the info. Are you a "new entrant"? And how long have you had cdl? Or are you under 26k with that 3/4 ton? If so, explains the seemingly low rate.
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Hi Anj this should explain the answers to your questions
Trucking insurance
Take a look at that and it should help you it's very true or I found it to beAnj Thanks this. -
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Every month 400 people find a job with the help of TruckersReport.