Insurance Renewal

Discussion in 'Ask An Owner Operator' started by Olec, Jan 2, 2026.

  1. Olec

    Olec Light Load Member

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    If you have one truck and one trailer what are you paying for insurance now?

    Who do you have? And how much your insurance went up with increases from last year?
     
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  3. Concorde

    Concorde Road Train Member

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    West Melbourne Florida
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  4. Judge

    Judge Road Train Member

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  5. NorthEastTrucker

    NorthEastTrucker Road Train Member

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    Depends on your years old business and driving experience, location, who you know etc. It comes down to the insurance underwriter these days. I heard of some drivers who haven't much experience less than a year driving paying $1500/mth while ones who have 10 years of accident free experience paying $2200/mth.
     
  6. abyliks

    abyliks Road Train Member

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    ludlow MA
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    Truck and 2 trailers $18k, 250k cargo $3500 went down a smidge
     
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  7. Olec

    Olec Light Load Member

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    Jan 23, 2025
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    Why is that?

    Why are they increasing it for drivers with good records?
     
    Opendeckin Thanks this.
  8. Olec

    Olec Light Load Member

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    Jan 23, 2025
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    So you are a new operator?
     
  9. Sendit

    Sendit Bobtail Member

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    We just renewed with great west, 2 trucks and 2 trailers - 250k cargo, 1 mil liability, both with reefer breakdown, $3k a month all in. What state your located in and fmcsa score makes a huge difference too
     
  10. xsetra

    xsetra Road Train Member

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    January renewal. $11,300, Great West 1driver
    Truck value $35,000, 2nd truck value $15,000(parked with no plate) trailer value $25,000, Has $100,000 cargo, $1 million General Liability and $1 million Auto Liability.
    My premium went down $400 from last year. Driven100,000 miles per year
     
  11. abyliks

    abyliks Road Train Member

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    ludlow MA
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    Got my authority in 2019
     
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