“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.

  1. Doealex

    Doealex Medium Load Member

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  3. Scooter Jones

    Scooter Jones Road Train Member

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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
  4. jamespmack

    jamespmack Road Train Member

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    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?
     
  5. Doealex

    Doealex Medium Load Member

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    “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.
     
  6. Doealex

    Doealex Medium Load Member

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    They don't want answers; they want you to sell your truck and drive theirs!
     
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  7. bonder45

    bonder45 Road Train Member

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    Base rate of $3/mile - that will make it easier :D
     
  8. jamespmack

    jamespmack Road Train Member

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    I try to stick to 4 for all total miles now. :D
     
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  9. jason6541

    jason6541 Road Train Member

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    Some insurance companies won’t even write a policy for that much
     
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  10. mjd4277

    mjd4277 Road Train Member

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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!!;)
     
  11. jamespmack

    jamespmack Road Train Member

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    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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