$4200/month for insurance

Discussion in 'Ask An Owner Operator' started by windsmith, Jul 6, 2018.

  1. RedForeman

    RedForeman Momentum Conservationist

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    If there's any possible reason to increase premium, well... it doesn't matter since they'll increase it anyway.

    Two non-preventables put about (guessing) $30k on my loss run. It sucks. Last renewal was 25% higher due to that supposedly.

    On the other hand, with one of those involving a fatality, it could have been a lot worse. The longer I do this, the less I get surprised about fantastic numbers.
     
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  3. Brettj3876

    Brettj3876 Road Train Member

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    Idk what your paying but we use hawk insurance. When my dad just had 1 truck on the policy it was 4600 for the ENTIRE year. Cargo, collision and the whole 9 yards

    Located in montrose call and ask for Brooke she is very helpful
     
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  4. windsmith

    windsmith Road Train Member

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    I'm around $12K annual give or take. I made some adjustments to the coverage early on, so the monthly payment won't exactly equal the annual premium when multiplied by 12. My agent tells me it's the best they've seen for a new entrant this year.
     
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  5. nonsense007

    nonsense007 Light Load Member

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    $4200 per month per truck?? That’s super high, I pay a 1/4 of that monthly. I’ve only been in business since 2014.
     
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  6. Brettj3876

    Brettj3876 Road Train Member

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    Oh shoot i forgot you're new entrant. That's not a bad quote at all. Down the road I would deff give Hawk a call.

    Stupid me got a 84 in a 65 over 2 years ago (learned my lesson) and she was able to get me on the policy for cheaper than my dad thought
     
  7. rank

    rank Road Train Member

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    do you have $300k on your loss run?
     
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  8. Brettj3876

    Brettj3876 Road Train Member

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