My Progressive Quote

Discussion in 'Ask An Owner Operator' started by gekko1323, Apr 14, 2022.

  1. noworrez

    noworrez Light Load Member

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    Looks like a fair quote for over 500 mile radius. I would NOT however give them access to my ELD (offered to me as well). Read the fine print, you might get a discount but the price could also go up. Ever go faster than posted speed limit. Take CA, OR and WA as examples if you run there, 55, 60 and 60 respectively for trucks. 99% don't run 55 in CA anything over is going to be logged/noted etc....don't know to what extent but I just wouldn't do it. My .02 for what it's worth.
     
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  3. Dave_in_AZ

    Dave_in_AZ Road Train Member

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    Mine's $272 month including bobtail.

    48 states and OH Canada

    Landstar
     
  4. 86scotty

    86scotty Road Train Member

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    That's a good quote if it's 48 states. Not so good if not IMO. My first year was about that. 4th or 5th year now I'm at $8500.

    First year I could not pay in full but every year since I have. The savings is worth it. Do the math on borrowing the full payment if you don't have it and you still might beat the monthly by paying in full on a CC or loan and paying the interest. Is your credit good enough to get some 0 interest CC offers? Stack a couple and pay them off quick if necessary.

    I WILL NOT let them have my ELD data. I draw the line there.
     
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  5. nikmirbre

    nikmirbre Road Train Member

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    Make certain its for 48 states and not 500 mile radius
     
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  6. nikmirbre

    nikmirbre Road Train Member

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    Not many loads require over $100k cargo, you could save some money there by lowering it to 100k. And if there is a load requiring 200k, its not gonna pay much different because they are requiring more insurance. And not enough of those loads to justify the extra cost.
     
    gekko1323 and God prefers Diesels Thank this.
  7. nikmirbre

    nikmirbre Road Train Member

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    Someone correct me but, I was told that the 500 miles radius was as follows.....

    The progressive agent told me that if I stayed with the 500 mile radius quote that %51 of my ifta miles have to be within 500 miles of my home zip code. Its not like I couldnt take a load to Wisconsin or something while living in North Carolina.
     
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  8. Lexuslane

    Lexuslane Medium Load Member

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    I know a guy that regularly hauls a particular cargo that’s valued at $900 million.

    wonder what his insurance rider for that load costs ?
     
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  9. nikmirbre

    nikmirbre Road Train Member

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    Hopefully, he doesn't have to pay whatever it is.
     
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  10. gekko1323

    gekko1323 Road Train Member

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    Doesn't the radius thing apply to a DAILY range, no matter where you are? I can't see them restricting someone to just 500 miles.
     
  11. gekko1323

    gekko1323 Road Train Member

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    I understand where you're coming from. I'll stew over this. But the difference between $100k and $200k is about $515 a year. I figure if I score just one load that requires more than $100k cargo insurance, then the policy pays for itself.
     
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