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Are O/O A Dying Breed

Discussion in 'Ask An Owner Operator' started by 727Guy, Mar 22, 2019.

Page 3 of 5
  1. Mar 22, 2019 #21
    727Guy

    727Guy Light Load Member

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    For someone with a fresh out the box authority what kind of numbers would you see for insurance cost? Progressive quotes me $6000 a month. Had to be a JOKE!!
     
    727Guy, Mar 22, 2019
    727Guy, Mar 22, 2019
    #21
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  3. Mar 22, 2019 #22
    Freightliner Classic

    Freightliner Classic Light Load Member

    108
    98
    Dec 17, 2018
    Rome GA
    0
    Freightliner Classic, Mar 22, 2019
    Freightliner Classic, Mar 22, 2019
    #22
    727Guy Thanks this.
  4. Mar 22, 2019 #23
    062

    062 Road Train Member

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    A lot of variables go into price. How long you’ve had a cdl,age,where you live etc.
     
    062, Mar 22, 2019
    062, Mar 22, 2019
    #23
    727Guy Thanks this.
  5. Mar 22, 2019 #24
    DUNE-T

    DUNE-T Road Train Member

    6,964
    16,890
    May 10, 2015
    Detroit, MI
    0
    In MI it's about $18k now, was $14k 4 years ago
     
    DUNE-T, Mar 22, 2019
    DUNE-T, Mar 22, 2019
    #24
    PE_T and 727Guy Thank this.
  7. Mar 22, 2019 #25
    Rideandrepair

    Rideandrepair Road Train Member

    17,354
    56,300
    Aug 8, 2015
    0
    From what I see the rate for a new Carrier is double the amount. How many years?1-3? I don’t know, but definitely has put a crimp on new Entrants.Otherwise it’s never been easier to run under your own #s,the real key today, IMO is being tech savvy, which I’m not.The other disadvantage made worse by higher premiums, is the high cost of taking time off. Trucks still cost $$$ sitting in the driveway.
     
    Rideandrepair, Mar 22, 2019
    Rideandrepair, Mar 22, 2019
    #25
    PE_T and 727Guy Thank this.
  8. Mar 22, 2019 #26
    727Guy

    727Guy Light Load Member

    81
    38
    Aug 4, 2018
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    Downright ROBBERY! That's enough to make someone considered throwing in the towel with trucking.
     
    727Guy, Mar 22, 2019
    727Guy, Mar 22, 2019
    #26
    Rideandrepair Thanks this.
  9. Mar 22, 2019 #27
    727Guy

    727Guy Light Load Member

    81
    38
    Aug 4, 2018
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    CDL length: 5years
    Age: 27
    Location: Tampa, FL
     
    727Guy, Mar 22, 2019
    727Guy, Mar 22, 2019
    #27
  10. Mar 22, 2019 #28
    062

    062 Road Train Member

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    Someone posted a breakdown of insurance rates by states not long ago. Depending on where you live has a big impact. I believe Mississippi was cheapest.
     
    062, Mar 22, 2019
    062, Mar 22, 2019
    #28
    727Guy Thanks this.
  11. Mar 22, 2019 #29
    727Guy

    727Guy Light Load Member

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    I can only imagine Florida is probably the highest with its Coconut Head drivers.
     
    727Guy, Mar 22, 2019
    727Guy, Mar 22, 2019
    #29
    86scotty Thanks this.
  12. Mar 22, 2019 #30
    062

    062 Road Train Member

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    Oct 20, 2013
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    I can’t get the copy and paste deal to work on my phone. If you google commercial truck insurance rates by state. You’ll see expediters online,click on that.
     
    062, Mar 22, 2019
    062, Mar 22, 2019
    #30
    727Guy Thanks this.
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