How much is your ins. for own auth & what state do you live in?
Discussion in 'Ask An Owner Operator' started by Shotgun94, Dec 23, 2018.
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kenn2632, singlescrewshaker and exhausted379 Thank this.
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It’s ridiculous, I’ll admit, but I’ve managed it. You have to take into consideration that my expenses at home are well under control, so that helps a lot.
On the flip side, a buddy of mine is a 20yr Owner/Operator and probably pays under 10K a year. -
First year with great west in mn 6900,then 2nd year 5900 and 3rd year now it's 4700 for my authority on a 2007 w900 and a 2015 flatbed with 20,000 triler interchange.
Vitkouski Thanks this. -
Vitkouski Thanks this.
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My first year was $2400 down and a premium of $13,000. Running my own plates and authority. Virginia
Last edited: Dec 24, 2018
Vitkouski Thanks this. -
The kicker is I was specifically asking on coverage for a Sprinter van to do expediting...Last edited: Dec 24, 2018
Vitkouski Thanks this. -
20K less then year experience in Missouri.
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I’m paying 1500/month with a new truck and a 2011 Reefer out of AR. I used a broker called Thomas Wilson Group. The mandatory coverage plus reefer breakdown and I have 150k cargo. Authority since May of 2016.
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I'm thinking in maybe in 2020 I'll be ready to get my own authority. Right now it is soo much less being with my carrier. 175 month 20 bobtail and 12.30 week for trailer insurrance so that is about 250 a month in 2013 Freightliner Cascadia or so but then again i'm only making 75%. But I'm also getting good discount off of fuel. Anyhow I want to grow. I hear some say getting own authority isn't worth it. Then I hear otherwise. I won't really know until I do do it. What do you say? Own authority vs Mercer, Landstar, Tennessee Steel Haulers, and so on?
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$750 a month. 1m auto liability, 1m general liability and 250k cargo. I live in sc and have had my own numbers since ‘08. No major accidents or claims.
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