My Story...

and best of luck to you and your father, and speedy and complete recovery. You have a financial background which is a significant advantage so I'm optimistic you'll get it figured out and do well.

 

You don't want Berkshire anyway. Called them for insurance quoted $13000/year with a spotless MVR 50 mile short haul radius 1 trk 38500 value, 100k cArgo 30k non owned trailer. Then got raked over the coals $1100 for 3 days worth of insurance I got a quote from my current company I cancelled the Berkshire policy sent my new policy over and a month later got a bill for $1095.98 for 3 days...needless to say I want impressed...people were ridiculous to work with as well I fought with them for over a month even asked how they came up with that amount when at 13000/year the total per day comes out to about $50 never got a straight answer last thing I told them was send it to collections because I'm not paying you for 1100 for 3 days. I now pay about 10k/yr for 2 trucks 2 trailers 100k cargo and the other driver has a less than perfect record and my radius is larger.

I don't think highly of Berkshire I'm sure that 13k premium would've funded a lot of anti trucking ads by BNSF or union pacific whoever Warren buffet owns half of.

Progressive will insure anybody, but you're going to pay a pretty penny for their inuance I'd imagine it'll cost you about 15 a year through them and they're worse than Berkshire to deal with. But that's about the only place I can think of that will insure a new driver all the mega carriers are self insured which is why they hire new guys with 0 exp...

It's also why they can haul for less than a buck a mile and make money.

 

A new carrier, or little experience might pay alot, I have Progressive and paid $9038 for this year. $1,000,000 liability, $100,000 cargo, $140,000 truck and $40,000 trailer.

 

BNSF I think. And he owns all of Berkshire Hathaway..... most of it anyway.

To the OP: Have you tried Economical Mutual yet? If not, find a broker that writes policies with them and ask the broker about a fleet policy. I forget how many they need to write s fleet policy.... Maybe 7 power units? They might accept company four wheelers if you find the right broker.

 

Ahh. Why exactly do you want to have that truck on your own authority? To recap, you have no CDL, little trucking experience, a driver with less than two yrs experience and you're finding freight on load boards.

Unless you need the tax deduction, YOU ARE NUTS!

Keep the truck as a spare so you can still service your carrier when one of the other leased trucks goes down for the count.

Good grief as a full time accountant when will you find freight for that truck? People think it's so easy to run a trucking company they can do it part time. It's kind of an insult