Need advice owner op required to have workman's comp

Discussion in 'Ask An Owner Operator' started by Adisiwaya, Nov 14, 2019.

  1. Adisiwaya

    Adisiwaya Light Load Member

    252
    326
    Mar 25, 2017
    0
    Have a question.

    My company I am leased to have a new policy requiring owner ops to have a workman's comp policy. They say there insurance policy requiring us too. There's is 137$ a month. I do not have employees just myself.

    I also have a major insurance price jump through them as well from 180 to 237$ a month because of all the accidents on there insurance. I also pay roughly 258$ on insurance liability pulling there trailer now a trip.

    $500+ a month on insurance and workman's comp really affects the monthly outcome. This is for a 25k truck. I am at 78% and if I get my own trailer it is I think 86%?

    Second year owner operator. Run west coast 2-3 trips a month rest at home with my family.

    Is there cheaper insurance? There is greatwide insurance which I know is the worse of the worse cover companies that has bad tract records.

    And forgot to mention i pay for bobtail on a 1980 k100c as well for a loan purpose. So it would be two semis on insurance one driver
     
    jamespmack and stillwurkin Thank this.
  2. Truckers Report Jobs

    Trucking Jobs in 30 seconds

    Every month 400 people find a job with the help of TruckersReport.

  3. Adisiwaya

    Adisiwaya Light Load Member

    252
    326
    Mar 25, 2017
    0
  4. Tx Countryboy

    Tx Countryboy Road Train Member

    1,968
    4,437
    Sep 18, 2019
    0
    If you pull for Amazon you have to have it.
     
  5. Adisiwaya

    Adisiwaya Light Load Member

    252
    326
    Mar 25, 2017
    0

    Is 137$ a month decent price? We do some Amazon warehouse delivery but not contract for Amazon. Chicken to there Amazon place
     
  6. Tx Countryboy

    Tx Countryboy Road Train Member

    1,968
    4,437
    Sep 18, 2019
    0
    I have no idea Havnt checked.
     
  7. Tx Countryboy

    Tx Countryboy Road Train Member

    1,968
    4,437
    Sep 18, 2019
    0
  8. Adisiwaya

    Adisiwaya Light Load Member

    252
    326
    Mar 25, 2017
    0
    What insurance places would you recommend?
     
  9. Tx Countryboy

    Tx Countryboy Road Train Member

    1,968
    4,437
    Sep 18, 2019
    0
    I recommend you start getting involved with your business.
     
  10. Judge

    Judge Road Train Member

    13,318
    87,978
    Mar 19, 2014
    Arkansas
    0
    My Occupational/workmans comp is $132/month, down from $152/month from when I first got started
     
    Adisiwaya Thanks this.
  11. Adisiwaya

    Adisiwaya Light Load Member

    252
    326
    Mar 25, 2017
    0

    Lmfao okay no need for the comments if your going to be scastic guy. What in God's Earth do you not think I'm not involved in my business? I'm a 26 year old owner op of 2 years I am learning and don't appreciate if your attacking me. I'm asking for advise not idiotic replies meant to downgrade or attack me
     
    The Biggest Dawg Thanks this.
  • Truckers Report Jobs

    Trucking Jobs in 30 seconds

    Every month 400 people find a job with the help of TruckersReport.