I have viewing this about your insurance and i thought of going o/o next year so i called around about new authority and going from local to otr. I got qote from a company called NITIC out of new jersey. 11,200.00 year 900 a month. They by your experience mostly. Hope that can help you if you need there no. Let me know
Independent insurance Cost for new carriers
Discussion in 'Ask An Owner Operator' started by Annonymous, Jun 30, 2017.
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Progressive quoted me $14k for everything back in 2014 when I was getting ready to go out on my own.
kimbosa Thanks this. -
Why not call the company that gave you the initial quote and ask them why it's so high? Sounds to me like they made some sort of clerical error.
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I could not begin to guess. I ended up not going out on my own, yet.
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You may have the office end of things licked with experience but sounds like you need some actual real world driving experience as well. Not knowing you have to be approved by the insurance company to be operating the equipment is really basic stuff. Driving a flat tire down the road knowing it's going to be an OOS service violation BUT not knowing there was coup on route shows you have mush to learn as well.
Annonymous and Ruthless Thank this. -
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Exact same coverage you cited:
$17,949 yr
$2992 down
$1498.69 10 payments
My verifiable experience is over 20 years old and that is for a new authority and license.
I don't know where they got those numbers for you.
Just got off the phone with Progressive. We are existing customers with an auto policy.
Red.
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