Could use some advice

Quote:
9. What insurance do I need to run under my own authority?

Auto Liability and Cargo insurance are the most important coverage’s required to run under your own authority. Other coverage’s may be required in your contract(s) with your brokers and shippers.

10. Am I required to have higher limits of auto liability and cargo insurance if I am a car hauler with my own authority?

Yes, FMCSCA requires all car hauling operations to carry $1,000,000.00 in Liability, regardless of the fact that the minimum requirements set by FMCSA for general operations are only $750,000.00. Cargo limits are typically higher than the usual $100,000.00 and would need to be determined based on several factors including your broker and shipper requirements, what type of automobiles are being hauled and how many automobiles can be hauled at one time.

http://www.ooidatruckinsurance.com/FAQ.htm

 

6 or 7 cars twice a year would be much cheaper to pay someone else to do than try to do yourself the way you are talking. A Cottrell 5307 is a 7 car and new starts around $70,000 plus. Add tags. Insurance. Straps as they are needed tires. Maintenance. Such forth and so on. Now register a truck insure it maintain it fuel it as well as purchase it. Wow. Insurance alone for something like this would be more than your annual shipping costs. Good luck

 

I missed this post but yes for sure. You could fly out, rent a car, pay for hotels and food, fly back and hire a transporter for less than just insurance costs us. How many times would it take just to equal insurance? Use my insurance for example, $10,500/yr back when I had my 7 car (some pay even more)