Is Trucking Insurance Going Up?

Discussion in 'Ask An Owner Operator' started by PE_T, Jun 2, 2019.

  1. PE_T

    PE_T Road Train Member

    My current insurance agent has given me a quote for renewal. She said that everyone’s quote has gone up this year, and that she was surprised mine didn’t. I’m thinking she’s only saying it so I would renew again with them. My insurance went down just a few hundred dollars.
     
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  3. Rideandrepair

    Rideandrepair Road Train Member

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    Mine went up almost $200 yr for everything. I haven’t looked yet to see exactly why, I’m sure it’s Public Liability.
     
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  4. adayrider

    adayrider Road Train Member

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    I can let you know next month when I renew. I got a speeding ticket almost a year ago and was worried mine would go up. Last week went to BMV and got an abstract and it's not even on there.
     
  5. windsmith

    windsmith Road Train Member

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    Mine went down.
     
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  6. Midwest Trucker

    Midwest Trucker Road Train Member

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    Mine went up 8% last year, not sure yet about this year but I have about 10 quotes coming in for my July renewal. Trying to get ahead of it and not take any chances.
     
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  7. mhyn

    mhyn Road Train Member

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    mine is down because I lowered truck and trailer values. the premium is $8100
     
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  8. zmster2033

    zmster2033 Light Load Member

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    Just had my first renewal (second year of authority). My agent got some quotes back that were significantly higher than Year 1 (roughly $3,000-$5,000). She then got a quote from Progressive just to see where they came back at. Ended up being about $3,000 less than Year 1 while adding a trailer interchange policy.
     
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  9. PE_T

    PE_T Road Train Member

    I just got an online quote today from Progressive. As usual, they’re asking for about 30k, which is a few thousand dollars less than what they quoted me last year. I tried tweaking the auto-quote calculation, but the quote is still very high.
     
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  10. Midwest Trucker

    Midwest Trucker Road Train Member

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    What did you put for your radius? I remember Progressive being very sensitive to that and it making a big difference.
     
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  11. 6wheeler

    6wheeler Road Train Member

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    DOT violations will make it go up. A company in NJ provides the information to insurance companies
     
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