New 22 year old o/o trouble finding insurance at my age?

Progressive might. I think they'd be your only option. I have a brother in law who is a 23 year old O/O and his insurance is ridiculous. He pays around $3,000 a month just for liability. Also they only insure for 6 months at a time. At that point so far it has only gone up for him even though nothing new on his record. He says it hardly works. I say it wouldn't work.

 

This is what i did as a new oo without being able to get insurance.
Put my truck on my friends insurance hoped i didnt hit anything if i did then my friend would have had to come up with a b.s exuse that it was my first trip etc etc and they would write me a check for the claim and then not insure him or i again at that dompany.
Just a risk i took for a couple of years. And if you do hit anything or anyone just hope they own their own equipment and that you can pay cash without a claim .

Not the smartest or best way to go about it but, its an option.

 

During these trying times I would recommend you become a company driver somewhere until the rates pick back up. Getting insured will be the least of your concern once the bills start rolling in and you have all these exuberant expenses while the rates are pretty low.

 

Rates are too low. Kind of a bad time to become a O/O. Wait a few months, many carriers are closing shop.

 

That sounds like your best bet. Does he have his own authority? He may not even have to switch to Progressive once you hit 2 yrs of having your CDL.

 

I was going to suggest Driving for your Dad. Don’t know how you’d work out the details. Maybe both work together, One Company, two Drivers. Cost averaging the insurance. Either way listen to your Dad, sounds like He’s got your back,

 

Local runs in California are terrible right now. If you want to stay profitable, you have to drive to the midwest to cover your expenses. And even then, rates aren't that great in the midwest either. Youll barely break even if you really hustle and your truck doesn't break down. Do it the right way and join another carrier (on their dime) until work picks up. Otherwise, you will pay a heavy price being stubborn and impatient.

 

Not true mine was 5,000 down @22 years old no experience

 

I started in this ####ty rate storm flatbed at $2 a mile. It hasn’t been fun being a brand new owner operator. But here I am still trucking. Made one mistake... trusting google maps and ending up in a residential roundabout hahah. I’m the type of person that likes to prove people wrong so if you tell me I’ll fail or never make it, you’ll see me succeed and make it lmao. If I have one tip for anyone starting out... don’t plan on making a lot of money right now. Good news is that while all these companies go bankrupt you and your one truck are paving the way for a future company with experience and can one day replace these giant corporations. Just the way I look at it.

 

I can relate to your situation and I’m 20 years older than you. I will have 2 years in this industry next week. Clean MVR. Yet, because I only have 2 years, the only insurance company wanting to deal with me is Progressive. They started out great. $2,300 down with 9 $1,050 payments. Then they decided to increase my premium by almost 58%. Now they want me to pay an additional $3,200 with 9 monthly payments of $2,200. Why the increase? They say it’s because they don’t like my business address being so far from my home address, and I don’t park my truck at my business address enough to prove that my business address is actually where I park my truck. I’ve provided them with ELD logs, office lease, and parking permits to prove that my truck has never been parked at my home address.

So, all I can do right now is deal with it for now. Thus my point to you is that you may have to deal with the challenges you face while building your business. As someone already suggested, you may want to find an agent that will keep looking for better quotes and find a way to help with the expenses. There’s more than one way to skin a cat. What works for me may not work for you. So keep trying until you find a way.