Commercial Truck Insurance for a newer driver

Discussion in 'Car Hauler and Auto Carrier Trucking Forum' started by ItsDaJuice, Apr 17, 2019.

  1. ItsDaJuice

    ItsDaJuice Bobtail Member

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    Apr 17, 2019
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    I have about 30k miles which took me less than 6 months to obtain. I left my company before I fulfilled my contract and now I'm looking for a regional position which has been hard to find due to my experience. A small local driver got in touch with me to haul cars from point A to point B daily, but because he is a young company and I'm a newer driver he couldn't get me insured. I'm trying to find a way to get around this problem. Are there any insurance companies that would insure a driver with my experience, or do I need to suck it up and go 2 years OTR?
     
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  3. Brandt

    Brandt Road Train Member

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    Keep look around and see whay you can find. That insurance thing is a problem in trucking and one reason the some trucking companies do t pay new driver so much. They have their own program so the insurance company will insure new driver if they go thru their training. The trucking companies the big one with their own School are self insured for like for like the first million dollars. So they are taking all the risk with new driver vs insurance company. Because they are writing the checks to cover all accident upto the first million.

    I remember work for a mege trucking company they would average 2 rollovers a week. They said it cost them $50,000 average per roll over. So they basically were paying $100,000 a week for new drivers rolling their trucks. Insurance did not pay for that. That's part of why they pay less per mile.
     
  4. Chinatown

    Chinatown Road Train Member

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    Where is your location?
     
  5. ItsDaJuice

    ItsDaJuice Bobtail Member

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    Charlotte NC
     
  6. Chinatown

    Chinatown Road Train Member

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    Last edited: Apr 17, 2019
  7. ast26909

    ast26909 Medium Load Member

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    But they didn't tell you how much they were raking in.
     
  8. Gdog66223

    Gdog66223 Road Train Member

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    The reason nobody will hire you is because of the liability. Put yourself in their shoes. If you own a rig that costed $150,000 to purchase and has a trailer that costed $25,000 would you put a guy in it that has 30k miles and less than 6 months experience?

    It's not meant to make you feel bad or hurt your feelings. It's just business and in business comes experience. Just do the 2 years and once it's over you will be glad you did.
     
  9. Brandt

    Brandt Road Train Member

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    They make money that's the name of the game. I ran my own truck for 10 years. It's not so easy to rake in the money. It cost them about 3 center per mile to cover all the accidents. It cheaper to hire new drivers and pay them less vs paying for experienced drivers I think. They have extra expenses also. They need that 1million cash sitting in the bank. Maybe more today. They have more repairs then average for body damged to the truck. They had their own body shop and they could repair a truck from almost nothing
     
  10. x1Heavy

    x1Heavy Road Train Member

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    I agree with Brandt, it's easier to have disposible newbies at .35 a mile than one of me at a magic rabbit pay of .70 a mile etc.

    The problem is that companies have paid .30+ for 40 years now and newbies don't know better, they continue to sign on and run at whatever the company can get away with paying them so low. Would A pilot of say British Airways 747-200 accept 15.00 a hour for the work he does with professionalism and skill? No.

    By the same token the quality of training needs to go back upwards and produce quality drivers capable of being true agents of the company with sufficient information as needed to deal with shippers and recievers without being abused by same.
     
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