Hot Shot, have equipment, help me get started.

Gave me a much needed laugh at that response...thanks Ryan!

 

Got your insurance quote yet? Forget about your LLC and everything else.

 

Sounds good! Do you know their rating is?

 

Insurance companies have credit ratings and if it's not good, brokers will not deal with them. Same thing with brokers. If they have a crappy bond company like Pacific Financial carries will not deal with them.

 

Here is my progressive quote as a new business, new mc/dot, new cdl. No coverage on my truck or trailer, as I own it and it's value not worth skyrocketing my rates if something happened to it or possibly being cancelled. I would rather just replace it. It's a MDT (2006 IH 4300).

Also have a 2002 F550 I will add on at a later date.

With a 1M body/property it is 15K a year with 4,400.00 down.


I put it to 750k body/property and it dropped to 10,500.00 yearly upfront or 12k with monthly payments.

Attached

 

Any of the vets please feel free to weigh in on my coverage.

Edit: This does not include Cargo insurance******* I will call and get that quote. Hopefully it can't be too much more.

Thank you

 

I don't see any cargo insurance on there. I would make sure your getting a quote through a company that specializes in trucking insurance.

Trust me I started out getting quotes from my primary insurance provider who quotes progressive and they didn't have a clue about trucking insurance. Make sure you tell them what kind of freight you plan in hauling and that they don't quote you staying within 300 or 500 miles of your home base.