1. When you decide to cancel your insurance, will they revoke your DOT/MC# automatically, or should you call them FMCSA and IFTA and submit documents, online maybe?
2. If you decide to cancel your authority, and then after 6 months or a year want to be back at this, is it the same process all over again to get your DOT# - same fees? Can you have limitless shots at it?
3. Anyone did this and had some issues with finding Insurance again, brokers frowning at this etc.?
Authority Revocation.
Discussion in 'Ask An Owner Operator' started by TallJoe, Nov 22, 2016.
Page 1 of 2
-
-
Trucking Jobs in 30 seconds
Every month 400 people find a job with the help of TruckersReport.
-
I believe you can call DOT and ask to have your number deactivated and it will still be there when you come back. Not sure how long you can go that way but you can just ask them. I'm sure you would have to re submit insurance to get it activated but might avoid some of the rest.
-
You need to get a PIN number so you can log in and "voluntarily suspend" it...otherwise I hear it gets shut down and you have to go through a bunch of crap to fix it.....I would request a PIN number if you didn't set one up at the beginning like I did.
-
Mattflat362 Thanks this.
-
Do we have to suspend anything else too? PUCO? NY HUT? IFTA?
I hope I never get slow enough that it makes sense to suspend.
I think even a month or 2 of major overhaul/paint/repair or whatever...I would still just leave it up. I pay my insurance all at once to save money so I would really have no benefit from suspending I guess...TallJoe Thanks this. -
I may be off in winter, after Christmas for a 4 -5 months. I'll see... Nothing to do with business...
-
Mattflat362 and TallJoe Thank this.
-
You can suspend your number,inactivate.
I think it cost $75 to reactivate when you file.Mattflat362 and TallJoe Thank this. -
i would leave insurance and authority in place just have all your extra coverage dropped drop your lib to the 750k tell the insurance company the truck is going to be parked and get the rate as low as possible. it will probably be favorable in the long run as gaps in insurance are a bad thing when it comes to getting a good rate when your ready to re-new.
Dave_in_AZ, Mattflat362 and TallJoe Thank this. -
OK bringing this back to life. I am shutting down until August 22nd.
I used my pin at FMCSA and voluntarily suspended my MC.
I called my insurance guy and he will watch for the FMCSA to suspend it and then put me down to a minimum to avoid gaps.
So then just leave UCR and DOT alone? And file no activity quarterly for IFTA and HUT?
Trucking Jobs in 30 seconds
Every month 400 people find a job with the help of TruckersReport.
Page 1 of 2