Is OOIDA worth it?

I'll touch on that since I'm leased on at Bill's company and would say yes, I do find it a better place to be leased on. I actively seek out certain freight and build relationships on my own with the brokers who have it. I set the rate my truck moves for. No-one tells me what to do or where to go. I have the exact same ability and "freedom" as anyone out there with their own authority. I've tapped into something that's opened up many doors for the company as a whole. The fact that we have 10+ trucks, a solid reputation on almost 2 years in business, has opened up doors to us on this niche that no single or 2 or 4 trucks operation will ever get a shot at. If I do need some support on anything it's there with a phone call. Just the other day ago my truck went down on a priority load and the mad scramble was on to get a rental truck asap. That was a first for me and looking back now I'll be able to handle it on my own but it was really good to have office support keeping tabs with customers while I had to deal with that little snafu and while it sucked that I screwed up being late 3 hours on those 2 loads they did get finished and customers (thankfully understanding) were well informed every step of the way. In fact they just called Sunday offering the load again. I could do this on my own, even though I am certain I have much to learn before getting my own authority.. I could even do this leasing on at another company. But there is value in where I'm at and many more things I'll be able to acomplish in the here and now - my 1 truck on my authority puts limits and constraints on me, even if I was ready for that.. ..I'm learning much more here than I'd ever learn leased on at another carrier it's as close to running ones own authority as it gets, even more so than the LS's and Mercer's of the world..

 

Is the ooida quote with $750,000 or $1,000,000 minimums?

 

I can't see how great west is expensive I use them and they are the cheapest for me and in my opinion great to work with on claims also if you have not signed with ooida yet you can use me Scott reed

 

The one thing that everyone is over looking is insurance companies also look at your credit score and driving record.
I'm only speculating here, but if truck insurance is anything like auto insurance, I'd say no two policies would be identical.
What does that have to do with anything ?
If it has to be explained to you then chances are your wouldn't understand....

 

OOIDA works nicely for me.....

 

Insurance premiums are about to change and OOIDA may be the cheap provider shortly. Progressive got hammered in this market and has been keeping the rates down for the independent and small fleet. Sadly, this will also make it harder for the new O/O to go independent if they don't have a solid record.

Or maybe not sadly, this will make it harder for some of the underfunded from going independent.

 

I disagree. OOIDA will move with the market. If the top tier companies increase rates, so will they.

That said, I have heard from a few people who have gotten sky-high increases from Progressive, with no changes in their safety, loss runs, and whatnot. Me included. My agent tells me they are trying to exit the OTR commercial market. He told me they aren't approving policies to new carriers and their renewals are clearly intended to run off their existing business. He said he hasn't written a new customer with them in over a year. The days of Progressive being the insurer of last resort are over.

It's a shame, really. I can live with paying a substantially higher premium while establishing a business for the first two years. At least with Progressive the service was good and you sorta got what you paid for. Now I suppose some company will come and fill that gap in the market, but probably not one that delivers service like their predecessor.

 

Any organization suing the state of California over ridiculous regulations is worth it in my book. They're certainly not perfect but as a driver no one else has any interest in your well being so yes, the membership is worth it. If not at least to see the outcome of the courtroom litigation against CA for their dumb CARB rules.

 

If they do price it based on market forces then that goes against what they claim. On more than one occasion I have been told that they are not focused on profits just having the reserves to cover losses. And what profits they do have goes to OODIA. They are not a typical insurance company.

While I am not a fan of them this is something I tend to believe them on.

As we have seen on the forums, this increase is happen with more than just progressive. What will be in the big indicator is Progressive really wants out is if they keep marketing. MATS is around the corner and for several years they have been spending big money at the show.

 

Your Progressive agent told you that they arent approving policies to new carriers? I just got a policy thru them in January no problems. You are right, from what I have seen the service is great.