Insurance .... Help

Discussion in 'Car Hauler and Auto Carrier Trucking Forum' started by Tuckster, Dec 22, 2020.

  1. Tuckster

    Tuckster Light Load Member

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    May 12, 2008
    Hanover, Va
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    I have my own authority (will need to reactivate it) and want to run independently as I don't want to go out every week. My insurance lady implied insurance as a car hauler will be more expensive than pulling a dry van (IF I can even get it) !!!! How does an independent O/O get started ?? Or is it even possible.?? Are there insurers that specialize in car haulers ??. And for those who have experience in both, will I make more money hauling cars than dry van freight ?? I'm in Virginia if that helps.
     
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  3. calnca

    calnca Medium Load Member

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    Our loss experience indeed shows car carriers as a "difficult" class of business, but it doesn't preclude us from quoting the class, including new ventures, just have a healthy checkbook available.

    Have your retail insurance broker make contact with National Indemnity or Berkshire Hathaway producers.....both carriers can and will offer terms.
     
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  4. Tuckster

    Tuckster Light Load Member

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    May 12, 2008
    Hanover, Va
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    Great .... thank you .... My fixed costs will be important as the truck will be sitting more than most. I would like to average around 15 days/month at the most. That will make it tough to make much but I really need to get back out there.... and I need to net around $ 30,000/year.
     
  5. ibcalm19

    ibcalm19 Heavy Load Member

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    If you're only looking at netting 30k year why even bother running your own authority. I would just be a part-time company driver less hassle. If you still want to run on your own, dry van will more than compensate you, less insurance and chance of claims hauling cars. All the best to you on your journey.
     
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  6. Tuckster

    Tuckster Light Load Member

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    May 12, 2008
    Hanover, Va
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    I'm guessing most companies don't want to deal with a PT driver. Most seem to want you to run your butt off for them however, I will look into that suggestion (thank you). I like running under my own authority due to the flexibility/freedom. I also look forward to going south and freight rates are crap coming back to VA. I could do dry van around Virginia (Pa/Md etc) and it pays OK but again,I like going south. Did I mention I'm an old fart ?? LOL. Still educating myself on the car hauling. It looks like more work but not having to deal with shipping and receiving is a + and the freedom looks attractive. And it seems plenty of work out there ??
     
  7. jeffman164

    jeffman164 Medium Load Member

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    Dec 4, 2012
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    You have shipping and receiving issues- it's just wrapped into a different package. Trust me.
     
  8. bamanation

    bamanation Medium Load Member

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    Jan 22, 2009
    Muscle Shoals ,AL
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    Get a flatbed an run lumber from Al,Ga and Miss to Virginia and get something back south. You’ll do 30000 easily and the shipper and receiver won’t be looking to make money off of you when they find a surface scratch but act like it’s a totaled unit.
     
  9. jaxtrucker

    jaxtrucker Bobtail Member

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    Jan 8, 2021
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    There is an agency in my hometown that does a great job with owner ops. 925 Partners Insurance. check them out
     
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