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TruckersReport.com Trucking Forum | #1 CDL Truck Driver Message Board
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Motor Carrier Questions - The Inside Scoop
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Does operating authority cost more to insure?
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<p>[QUOTE="User666, post: 10637719, member: 307591"]Yes, insurance is more if you have your own operating authority because the coverage limits are significantly higher. At a minimum the Feds require 750k in liability alone. Personally, if you're not using your authority; why spend on the insurance for it then? I'd cancel it and put that money into my pocket instead of some insurance company's.[/QUOTE]</p><p><br /></p>
[QUOTE="User666, post: 10637719, member: 307591"]Yes, insurance is more if you have your own operating authority because the coverage limits are significantly higher. At a minimum the Feds require 750k in liability alone. Personally, if you're not using your authority; why spend on the insurance for it then? I'd cancel it and put that money into my pocket instead of some insurance company's.[/QUOTE]
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TruckersReport.com Trucking Forum | #1 CDL Truck Driver Message Board
Forums
>
Good & Bad Trucking Companies
>
Motor Carrier Questions - The Inside Scoop
>
Does operating authority cost more to insure?
>
