List of insurance companies for new owner operator?

Discussion in 'Ask An Owner Operator' started by Ownboss trucker, Apr 2, 2023.

  1. runningman0661

    runningman0661 Road Train Member

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    As a new entrant good luck, those are the only ones willing to insure new authority.

    Maybe you should have done your due diligence and gotten insurance quotes before getting your authority
     
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  3. North Pole Nightmare

    North Pole Nightmare Heavy Load Member

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  4. Beaver9

    Beaver9 Heavy Load Member

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    You can't get authority without insurance.
     
  5. Siinman

    Siinman Road Train Member

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    Kansas City, MO.
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    Might need to lease on with someone if you cannot get a decent rate from Progressive. They are normally the cheapest and only a couple will even insure a new authority.
     
  6. boneebone

    boneebone Road Train Member

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    I’m going on my third year of my authority with two tractors, two dry vans and a reefer.

    No tickets, accidents, claims or losses.

    Have over 23 years of experience and I currently have Progressive.

    I had OOIDA my first year, but now they jacked their rates up.

    These are the quotes for full coverage on all the equipment.

    These are the numbers I received so far, as my yearly renewal is up at the end of this month.

    1. OOIDA quoted me $36k
    2. Milepost quoted me $37k
    3. Mohave Insurance (which is owned by Swift) quoted me $36k
    4. Progressive quoted me a renewal rate of $24k, ( I paid $22k last year, but I added a reefer last month, so now the rate increased a little.

    Progressive might not be the fan favorite, but as everyone else is raising their rates, Progressive seems to be the cheapest so far.
     
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