Authority without a truck?

I would believe if you buy the insurance and check all the boxes then you are good to get one. Mine was active while I was leased on for a little bit.

I already had my own insurance since the company at the time didn’t offer any in Massachusetts. My cargo was just a extra $1500 or so. My liability went up about $1000 also.

If your thinking of going on your own it may be worth it to have it active for a few months before using it. A lot of brokers won’t use you under so many months. You can find freight but I have notice when it slows the ones I can’t use yet have great stuff and the Tql ect just under cut.

 

You can apply, but you’re authority cannot become active until you have insurance which requires a truck. I applied for my authority in January, and bought the truck two months later. Took about two weeks for the authority to become active after I had the insurance.

 

what do you plan on leasing?

the truck?

 

What kind of an insurance rate did they give you versus what your own rate would be?

 

Not saying you’re wrong, but how about these all o/o carriers. How do they open insurance policy’s while not owning any trucks???

Anybody have any ideas?

 

My guess is that the all owner operator carriers had their own truck or trucks at some point.

To the o.p.

Again it's my guess but if you have a truck that is leased from Ryder or Penske if your name is on that insurance policy or your company's name is on that insurance policy and covers you for that truck that you are driving I don't see why that cannot be accepted if it has the correct limits.

 

They get a quote from an agent, buy a truck, and then buy the insurance. That’s how I did it in March. I picked the truck, and just used the vin for the agent to get me an accurate quote.