Insurance in 2018

Discussion in 'Ask An Owner Operator' started by BobNWe, Feb 5, 2018.

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  1. BobNWe

    BobNWe Light Load Member

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    Is anybody else quotes this ridiculous?

    I paid 16,500 as a new entrant years ago. Since then, My rates have been around 12000. I have had progressive, lancer, stratford, an cypress in the past. Last year was 12,500, 2600 down 990 month for 10 months with 2 months off with lancer. That was 48 states.

    Is everybody going up? I was quoted intrastate to reduce this cost. Lowest quote is 13,500 intrastate. 2600 down 1040 month! I'm being told it's not that bad for minority run company to get insurance this administration. So i guess it cost more to stay local this year than it did too run 48 states last year? The other quote exceeded 40000 yr intrastate.

    If u have renewed your policy as of Jan 1, 2018...please add some input. Did your policy increase? How much an were is your carrier located? Am i the only person experiencing this insurance price gouging bs?


    I hear its still 12000 yr as an Oklahoma carrier with at least 2yrs in business?
     
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  3. Justrucking2

    Justrucking2 Road Train Member

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    Well, I no longer have my authority, but those rates sound about right from what I have been quoted to turn my authority back on.

    My bobtail and other insurance has went down for 2018 due to equipment depreciation. So much so that I could afford to add some coverage and still come out paying less than last year.

    I would shop around, try these guys, Trucking - Great American Insurance Group

    And these guys... Home

    I use Great American, but Great West is always in the ball park.

    Oh, I'm a white guy... Could be White Privilege? ;-)
     
  4. BobNWe

    BobNWe Light Load Member

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    Yeah u are from what state exactly? What rates Sound right? The 40k or the 13k in your state? Or would u be invoking your white pilgrimage so u don't have to answer other than yeah that's about right. What exactly is about right? What quote was u given to turn your authority back on? What type authority do you have?

    Or are u just playing that funky music again white boy?
     
  5. Justrucking2

    Justrucking2 Road Train Member

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    Settle down Bob, I was being sarcastic. I'm in Michigan. And I was quoted $12,500 for $1 million liability and cargo. Dry van... And Michigan is high, that is why I gave you the two links to insurance companies that beat the snot out of the ones you listed that you have had contact with.
     
  6. BobNWe

    BobNWe Light Load Member

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    No i think it's because I'm in An area were most guys do what i do are minority. Prices ain't go up in iowa or maine, just Florida, Georgia, an Texas.
     
  7. BobNWe

    BobNWe Light Load Member

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    Oh this is the part were you try to make me seem angry?

    Ok.

    I don't know if u interstate or intrastate
     
  8. Justrucking2

    Justrucking2 Road Train Member

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    Well change your address if that is the case. I have done that before, it is not that difficult to do.
     
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  9. Justrucking2

    Justrucking2 Road Train Member

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    Interstate. Been in business since the early 90's
     
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  10. Justrucking2

    Justrucking2 Road Train Member

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    What are you hauling? Equipment too...
     
  11. BobNWe

    BobNWe Light Load Member

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    That's a great rate.
     
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