My renewal is just around the corner--- February.
I already got my quote for the new year today.
It's my third year next year.
1st year--from 22K (adjusted to $19,500 after tweaks to the insurance the same year)
2nd year-- $13,000, and
NOW (Can you hand me the envelope please?)
It is $10,500.
I own Kenworth T660 2010, and I own Great Dane Trailer Reefer 2013.
Is it too much for the third year? Should I get quotes? I have Progressive now.
Also, did you raise the value of your equipment? The prices went up, so I am not sure if I should give more value to the equipment I own? I don't know how much it would raise it. But if something was about to happen to the equipment I own, I won't be able to buy similar for the value that's listed on insurance. Prices are like double now?
Insurance Renewal...
Discussion in 'Ask An Owner Operator' started by Beaver9, Dec 4, 2021.
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Check Northland, Lancer, GreatWest.
Diesel Dave, Beaver9, jamespmack and 1 other person Thank this. -
That's only about $800 a month.GYPSY65 Thanks this. -
It's not bad but I would get your loss/run reports from Progressive and shop around. I ended up with Great West because I got the same coverage for less money and added stuff that I had to pay extra for with Progressive. GW also doesn't charge me money if I have to add an additional insured like Progressive did.
Last edited: Dec 4, 2021
Midwest Trucker Thanks this. -
I shop for quotes every year.
Been with Great West the last 7 years. Before that Sentry and Northland.pumpkinishere, mp4694330, Beaver9 and 1 other person Thank this. -
Did you increase the value on your equipment?
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Congrats. Sounds like it’s going in the right direction! I doubt you’ll ever get under $7500 but 10k ain’t far off considering your still young as a company.
ProfessionalNoticer Thanks this.
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