Are these insurance quotes reasonable???

Discussion in 'Expediter and Hot Shot Trucking Forum' started by 24kHotshot, Jul 24, 2019.

  1. Sandwich

    Sandwich Bobtail Member

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    What's your zip code? If you don't of course.
     
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  3. Sandwich

    Sandwich Bobtail Member

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    A tiny office in Mississippi and living in Tennessee seems like it would work perfectly.
     
  4. bad-luck

    bad-luck Road Train Member

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    That's INSANE!! $I2k maybe, for being new. How much experience do you have?
     
  5. crocky

    crocky Road Train Member

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    You have to be careful and check what the office requirements are. My LLC was originally based in MO but I lived in FL. I was going to pull my MC in MO because insurance was $4-5k cheaper but they required either I have my residence there or had a staffed office.. Can't just use a PO box or a $100 mail address they wanted someone at the office with posted hours.
     
  6. rccarlson22

    rccarlson22 Medium Load Member

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    77573
     
  7. Sandwich

    Sandwich Bobtail Member

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    Yeah, maybe piggyback onto a pre-existing office in MS for the cheaper insurance with a corporation. Then live in TN and suck all the profits into a TN company for the tax benefits, maybe a licensing scheme like foreign car manufacturers have been doing. Probably wouldn't pay off for a one truck operation though.
     
  8. Lantraxco

    Lantraxco Bobtail Member

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    There are corporate services that will provide a staffed office for a few shekels a month, don't know about MO, but I know I can get it done in Nevada and Wyoming (I'm in Oregon so I play out West). They answer the phone with your company name, receive mail and packages, and most importantly legal service if a process server delivers papers. Typically they will have a Power of Attorney from your company so they can legally act as your agent in place. YMMV
     
    Lite bug Thanks this.
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