Helping out my brother

Discussion in 'Ask An Owner Operator' started by eddiea2746, Nov 24, 2022.

  1. eddiea2746

    eddiea2746 Bobtail Member

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    Nov 24, 2022
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    Hi,

    So I am trying to help out my brother who is having an issue and I am trying to figure out why this issue exist as he asked me and I am not sure if there is solution or if the way I am understanding this is correct.

    Note: I know nothing about trucking or commercial insurance. This is also in Texas.

    He has been a company driver for many years but recently was able to buy a cheap truck to try and lease on to a company. He purchased the truck from a private person and now it seems he cannot actually get the truck registered in his name without having insurance, but the insurance companies will not insurance the truck unless he is actually leased on with a company but the company wont lease him without insurance. already so it seems catch 22 here.

    Is there something missing here that is missing to register the truck or is there something he is missing here.

    Just trying to get an idea of what the normal process is when purchasing a used truck when not using a dealership which I assume does the title transfer like buying a normal car/truck.

    Thanks for any help,

    Eddie
     
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  3. Siinman

    Siinman Road Train Member

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    Just needs basic bobtail insurance. Nothing hard about getting that done.
     
  4. Long FLD

    Long FLD Road Train Member

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    If he’s leasing on to a carrier then all he needs is bobtail (non-trucking liability) insurance because once leased on he will be covered by the carrier’s liability policy.
     
  5. Concorde

    Concorde Road Train Member

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    1) Get Non trucking or bobtail insurance similar but different.
    2) Get signed lease and a COI from the company he’s leasing onto.
    3) Go to DMV for registration.
     
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  6. eddiea2746

    eddiea2746 Bobtail Member

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    Nov 24, 2022
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    Hmm. I asked him and he said he tried to get any insurance and they straight up told him unless he is leased no deal. He just applied for that type of insurance and should be contacted after the holidays so thanks for the info.

    He tried from some major insurance before why would they not of said this is what you need but then again I dont know what exactly he said to them when he requested it either so that could of been the issue.

    Hopefully that solves the issue.

    Thanks for the help all,

    Eddie
     
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  7. silverspur

    silverspur Heavy Load Member

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    It's nice of you to help your brother. We need more of that.

     
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  8. Rideandrepair

    Rideandrepair Road Train Member

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    Title needs to be in his name. Company he’s leasing on to will provide proof of insurance that’s needed. Value replacement Ins. Collision, fire, theft is optional. Usually the Companies insurance company offers bobtail directly to O/Os, or the Company will refer you to another company they use. Or you can probably buy your own. Contact the company he’s leasing onto. They’ll have all the answers. More than happy to help. They do it all the time. They will make sure he’s legal, before sending him out. He’s going to need to pay the 2290 Highway use tax. To get a plate, Title in name, copy of paid HUT, proof of insurance, from leasing company. Possibly a copy of the actual lease. Often companies have a plate already from a previous Truck, and they’ll transfer it to your Truck. It’s best to get a plate in his own name if possible. Makes leaving and starting with a new company easier. Also keeps unscrupulous companies from overcharging for plates. Some will do that. Charging for the plate through a plate program using weekly deductions. The exception would be company paid plate. Some companies provide paid plate, even paid IFTA fuel taxes. The point being, if paying for a plate, best if it’s in his name, not the companies name. That’ll avoid getting screwed on the plate, if he leaves. Companies that insist on Lease Operator buying a plate in the company’s name should be avoided. Red flag for future dishonesty IMO.
     
  9. Ridgeline

    Ridgeline Road Train Member

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    Actually the FMCSA should require the plate be tied to the truck and its owner only, if a company wants to pay for it, that's alright but it is the truck and the company can not demand it back.
     
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  10. Rideandrepair

    Rideandrepair Road Train Member

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    New one on me. I was Leased on for 7 yrs till 2003, to a Company who provided IRP Plate, IFTA, kYU, NYHUT, everything except HUT2290. Plate was theirs. They Owned it, and therefore kept it. I threw it away, but I’m sure they just got a lost replacement plate, and transferred it to another Truck. It used to be common practice. Maybe that’s changed.
     
  11. Ridgeline

    Ridgeline Road Train Member

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    YOU PAID FOR all of it. no matter what they say, YOU PAID for all of it.
     
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  12. Rideandrepair

    Rideandrepair Road Train Member

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    Point being, the plate was in their name. They owned it. Pretty sure it’s still a common practice. The Company can provide almost anything, with or without a formal charge back. The exception is 2290. That has to be in the Truck owners name.
     
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