Survey: Most Americans want $2M minimum liability insurance for trucks - FreightWaves
And here's the real reason why Megas pushed E-logs down our throats.
“If a carrier can’t afford premiums on a $2 million insurance policy ... should be ... trucking"
Discussion in 'Other News' started by Doealex, May 16, 2021.
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“If a carrier can’t afford premiums on a $2 million insurance policy ... should be ... trucking"
They should be trucking or shouldn't be trucking?Last edited: May 16, 2021
Canadianhauler21, Magoo1968, nredfor88 and 2 others Thank this. -
Oh yea? Sure I can afford it. But even my insurance agent agrees that my one truck operation is not a 2 million dollar risk. Whats your answer for that?Canadianhauler21, JonJon78, bzinger and 2 others Thank this. -
“If a carrier can’t afford premiums on a $2 million insurance policy, you might question whether it should be operating a trucking company,” Harwell said.
I couldn't fit the whole quote in the title (I guess there was a limit on the number of characters), so I chopped it down. Nevertheless, these executives and lawyers tend to amaze me with their thoughts; and I didn't want to change any words in the quotes. -
They don't want answers; they want you to sell your truck and drive theirs!nredfor88, jamespmack and '88K100 Thank this.
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Base rate of $3/mile - that will make it easier
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I try to stick to 4 for all total miles now.
jason6541 Thanks this. -
Some insurance companies won’t even write a policy for that muchDoealex and jamespmack Thank this.
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I was thinking $5 to $6-not including surcharges to certain regions (entire West Coast,Texas,Louisiana,Florida,Georgia,all of New England and New Jersey,New York & Pennsylvania).
The costs of doing business-if my operating costs are affected I have to increase my costs to compensate.
It takes money to run these trucks-they don’t run on hopes and dreams or pixie fairy dust!!
Canadianhauler21, drvrtech77, Sirscrapntruckalot and 3 others Thank this. -
I'm being vague on purpose. But I dont care if I work one day a week or 7. I dont need 3000 miles a week to live.
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