http://www.fmcsa.dot.gov/faq/what-cost-obtaining-operating-authority-mc-number here is prices on the fees for what you are going to haul. MC number
i am unable to find prices on DOT number,insurance and Base plates.
i think base plate varies by state
-
New Lease Purchase Jobs $0 Down and other incentives Click Here to see offersDismiss Notice
how many companies can i lease with
Discussion in 'Lease Purchase Trucking Forum' started by hiii98, Aug 17, 2014.
Page 2 of 2
-
-
Trucking Jobs in 30 seconds
Every month 400 people find a job with the help of TruckersReport.
-
There is a $300 filing fee to obtain your motor carrier authority. There is NO cost for a dot number. Starting out most states use estimated miles to determine the cost for your base plate. You can expect somewhere between about $1,100-2,200 for your first year. The number of states you put on your cab card will also impact the cost. But, the figure I mentioned should be within range. As far as insurance, prices can vary widely from one individual to another. According to my insurance agent, most new authorities are paying between $10-12,000 their first year. I have spoken to some who have been quoted over $36,000 their first year. Where you live, your credit history, mvr and experience are all factors insurance companies consider when quoting rates. If you plan on hauling cars you can expect to pay higher rates than those hauling general freight. I have a friend who does hot shot and I think he is paying over $6,000/year, but he has been doing it for a number of years.
I would recommend that you either find an insurance agent who writes for several different companies or to check with several different agents. You might be surprised at how widely rates can vary on truck insurance. If you are going to get your authority you will also need to pay your UCR and have registered agents in every state in which you plan on doing business. It isn't as complicated as it sounds. Finding affordable insurance will be your biggest challenge. I would start with insurance and then go from there. You will need insurance before you can do anything. -
you understand i want to pull loads for several seperate companies. each one has their own reloads....id always find a reload if i could call several companies im leased with. Not sure having mynown authority is what im seeking.
-
-
What is a cab card? i have been hauling for a company and not familiar with that term. I havea
Dot sticker on my truck with my name on it. Yes i would attend several companies orientations and switch decals when hauling for each one. -
cab card=IFTA/Reg card
-
i dont have a reg card now do ive been pulling for a month now
-
A cab card is your IRP. It lists the name of your company, vin number and each state in which you are apportioned or authorized to operate. It will have the year and tag number listed on the cab card. The IFTA is separate. It only has your account number and company name on the form. It has nothing to do with the IRP or cab card. The IFTA is a blanket permit for the entire fleet. Each truck has their own IRP or cab card. The cab card is specific to each truck. The IFTA is the same for every truck. -
i am a owner operator
-
are you leased on to a company? or do you you have your own authroity?
Trucking Jobs in 30 seconds
Every month 400 people find a job with the help of TruckersReport.
Page 2 of 2