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Insurance companies for a start up?

Discussion in 'Ask An Owner Operator' started by Rc4mx1128, Nov 21, 2017.

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  1. Nov 21, 2017 #1
    Rc4mx1128

    Rc4mx1128 Bobtail Member

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    Nov 21, 2017
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    Hey guys hows it going. this is my first post on here. At the moment i just filed for my DBA and am now looking for insurance. the problem is the only company i've had give me a quote is progressive and they want the full payment up front. Anybody know of any companies that offer insurance to start ups? Besides progressive they all want at least 1 year or more in business. Thanks for the help

    I am in auto shipping
     
    Rc4mx1128, Nov 21, 2017
    Rc4mx1128, Nov 21, 2017
    #1
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  3. Nov 21, 2017 #2
    StrokerTSi

    StrokerTSi Medium Load Member

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    Aug 28, 2016
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    Progressive let me do it on a 10 month payment plan.
     
    StrokerTSi, Nov 21, 2017
    StrokerTSi, Nov 21, 2017
    #2
  4. Nov 21, 2017 #3
    DUNE-T

    DUNE-T Road Train Member

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    May 10, 2015
    Detroit, MI
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    How much did Progressive quote you?
     
    DUNE-T, Nov 21, 2017
    DUNE-T, Nov 21, 2017
    #3
  5. Nov 21, 2017 #4
    luckystar

    luckystar Light Load Member

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    Aug 1, 2017
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    That's the first time I've ever heard Progressive wanting the full Year's premium up front
     
    luckystar, Nov 21, 2017
    luckystar, Nov 21, 2017
    #4
  7. Nov 21, 2017 #5
    Rc4mx1128

    Rc4mx1128 Bobtail Member

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    Nov 21, 2017
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    Yeah me too, they said they are on a strict no payment plan policy as of now..ive never heard about that.
     
    Rc4mx1128, Nov 21, 2017
    Rc4mx1128, Nov 21, 2017
    #5
  8. Nov 21, 2017 #6
    Rc4mx1128

    Rc4mx1128 Bobtail Member

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    Nov 21, 2017
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    14k for 1 million in liability
     
    Rc4mx1128, Nov 21, 2017
    Rc4mx1128, Nov 21, 2017
    #6
  9. Nov 21, 2017 #7
    luckystar

    luckystar Light Load Member

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    Aug 1, 2017
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    That's probably a real competitive price right now, the only downside I guess you need to pay it all up front which is the first I've ever heard of. That will keep a lot of new guys out .
     
    luckystar, Nov 21, 2017
    luckystar, Nov 21, 2017
    #7
  10. Nov 21, 2017 #8
    Rc4mx1128

    Rc4mx1128 Bobtail Member

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    Nov 21, 2017
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    yeah kindve sucks. considering i only have a Chevy 2500 with a 1 car trailer . only reason i need 1m in coverage is because thats the minimum to register with centraldispatch.com
     
    Rc4mx1128, Nov 21, 2017
    Rc4mx1128, Nov 21, 2017
    #8
  11. Nov 21, 2017 #9
    DUNE-T

    DUNE-T Road Train Member

    7,021
    17,080
    May 10, 2015
    Detroit, MI
    0
    Wow, good luck
     
    DUNE-T, Nov 21, 2017
    DUNE-T, Nov 21, 2017
    #9
  12. Nov 21, 2017 #10
    nightgunner

    nightgunner Road Train Member

    2,112
    2,800
    Jul 23, 2013
    Cedar Rapids, IA
    0
    I was just quoted $11,050.00 for the year. 2002 Classic and 2007 Wabash Flatbed. $1m liability etc. 20% down the rest over 9 months A- rated company.
     
    nightgunner, Nov 21, 2017
    nightgunner, Nov 21, 2017
    #10
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