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cargo insurance

Discussion in 'Ask An Owner Operator' started by jjmack, Jun 2, 2018.

  1. Jun 2, 2018 #1
    jjmack

    jjmack Bobtail Member

    1
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    Jun 2, 2018
    0
    does the guy im leased to have to take cargo out on each person leased to him? i get 80% of gross and weekly plate deduction and carry my own trk ins.hes chargingme over 600 a monthfor cargo....dont seem right
     
    jjmack, Jun 2, 2018
    jjmack, Jun 2, 2018
    #1
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  3. Jun 3, 2018 #2
    nightgunner

    nightgunner Road Train Member

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    Jul 23, 2013
    Cedar Rapids, IA
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    Yes he does. The $600/Mo is the liability insurance. I pay $1,100/mo for both of mine. This is what happens when you have an industry taken over by lawyers and insurance companies. Welcome to the cost of doing business.
     
    nightgunner, Jun 3, 2018
    nightgunner, Jun 3, 2018
    #2
    tman78 Thanks this.
  4. Jun 3, 2018 #3
    TallJoe

    TallJoe Road Train Member

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    Chicagoland
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    Some charge, some don't. It is not unheard of.
    Still, their cut is a little high, unless they provide a trailer.
     
    Last edited: Jun 3, 2018
    TallJoe, Jun 3, 2018
    TallJoe, Jun 3, 2018
    #3
  5. Jun 3, 2018 #4
    Ridgeline

    Ridgeline Road Train Member

    22,204
    113,958
    Dec 18, 2011
    Michigan
    0
    No he is responsible for the cargo insurance. It is the carrier's responsibility to provide it by regulation.

    So if he is charging you it, find another place to work.
     
    Ridgeline, Jun 3, 2018
    Ridgeline, Jun 3, 2018
    #4
    Oldironfan Thanks this.
  7. Jun 3, 2018 #5
    Allow Me.

    Allow Me. Trucker Forum STAFF Staff Member

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    May 28, 2009
    Rancho Mirage, Ca.
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    ^^^^ correct
     
    Allow Me., Jun 3, 2018
    Allow Me., Jun 3, 2018
    #5
    Oldironfan Thanks this.
  8. Jun 3, 2018 #6
    wichris

    wichris Road Train Member

    4,246
    8,493
    Jan 17, 2011
    0
    Why would anyone pay an insurance deduction that isn't in their Name? Because they want to make sure their insurance is paid for whether you're working or not. Should be included in the %
     
    wichris, Jun 3, 2018
    wichris, Jun 3, 2018
    #6
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