I'm trying to figure out, what kind of insurance rates are you paying to the company you are leased onto?
I am not talking about your bobtail insurance cost, I am specifically looking for the amount you are billed each week or month by the carrier you are leased onto while under a load.
Example: At the company I was leased onto last year, they retained $58 per week to cover the insurance they had on my power until while I was under their load.
Loaded insurance rates you are seeing for O/O hauling crude
Discussion in 'Oilfield Trucking Forum' started by Rockdoctor, Mar 1, 2019.
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Rockdoctor Thanks this.
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$58 a week wouldn’t come close to paying liability on a new entrant dot/mc number...
I’ve heard $12 grand and up numbers are the norm.....and that’s non haz.Last edited: Mar 2, 2019
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$132/month plus 3.48% of truck's value divided by 12.
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