Considering New Authority

Discussion in 'Ask An Owner Operator' started by Knight_Rider, Jan 10, 2026.

  1. Knight_Rider

    Knight_Rider Light Load Member

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    Hi guys. 12 year driver here and had been owner while leased onto a company for 4 years. Coming back on the road after 1 year off and honestly I don’t find any decent paying companies in southern cal nor am I wanting to pay 12% or more to lease to a company for mediocre service. We all know the tight margins in trucking as it is and when giving away 12% of the cream off the top just for dispatch and the right to use their DOT, trucking gets a lot harder.


    So I’m sincerely looking into biting the bullet stop procrastinating and just getting my own DOT. I know how to use load boards and have done negotiations in the past and am well aware of the other costs and permits etc.

    My question is for those who are current owner ops, how much insurance am I looking to pay more or less with my own dry van or reefer trailer these days? Thank you
     
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  3. Big Road Skateboard

    Big Road Skateboard Road Train Member

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    Liability only for me, but I'm under 10k$ a year. First year was around 13k$ for truck and flatbed.

    I assume reefer would have more expensive cargo coverage.

    BTW, 12% May not be bad if they have their own freight. There's hardly any of that "cream" working off load boards, and what is there is even harder for a new guy to find.
     
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  4. 062

    062 Road Train Member

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    Location is a big factor for your rate. Being in So-Cal if you get it for less than $20k you’ll be doing good.
     
  5. nikmirbre

    nikmirbre Road Train Member

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    Just FYI @Knight_Rider, KITT won’t be there to help you. Consider all other carriers Garth!!!!!
     
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  6. D.Tibbitt

    D.Tibbitt Road Train Member

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    I live a little east of you in southern az. My first year in 2022 was around 1500 a month with minimum insurance... Also keep in mind the southwest is one of the worst freight markets in the country to try and work.. the rates are and always will be dog #### down here.
     
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  7. snowwy

    snowwy Road Train Member

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    12% is a good rate. You can't complain about that.

    The bigger outfits that most lease on to charge 30ish %.

    Course. The actual pay is what really matters.
     
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  8. Judge

    Judge Road Train Member

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    Depends on what they do for the 12%
    May be worth it. Ins. Discount. Paperwork. Billing. Etc
     
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  9. OldeSkool

    OldeSkool Road Train Member

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    Another thing to consider with getting new numbers is that brokers don’t like to work with new guys on the load board. Probably be difficult even getting loads.
     
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  10. Knight_Rider

    Knight_Rider Light Load Member

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    Corona, CA
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    for 12% they offer factoring, running u der their authority, insurance liability and cargo for around 300 a week, and they keep permits and ifta in order. Also they find the loads and some are ones they know others off boards. I’d be responsible for my own truck of course and trailer and repairs and fuel etc
     
  11. Knight_Rider

    Knight_Rider Light Load Member

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    Mar 18, 2007
    Corona, CA
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    Yeah I know man that’s why I was seriously considering doing reefer because the drive van blows out of here can get really ugly and often times the money is staying between the Midwest and the south and the east not much going up and down to five and if there is anything good those hills pretty much kill your truck and your fuel costs.
     
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