new authority HELP!

100k cargo should be under 1k per year. 7-800 normally. Do not pay 5k for cargo insurance. Sounds like your insurance company is trying to stiff you.

 

Cargo insurance is pretty cheap the liability is the expensive one.1$12000 to$15000 that someone posted on here it's hard for me to believe my liability,cargo and physical damage doesn't add up to that much a year

 

This is per truck correct?

 

My 100k Cargo with $2500 deductable is $1200 with progressive. This is my first year. But I recently heard progressive isn't taking new authorities anymore, not sure if that's true or not.

 

Yes it's per truck.

 

That's what I've heard also..

 

Progressive is not writing new authorities (less than a year old) anymore.

 

National indemnity has my liability and Hartford has my main cargo but not sure right off hand on the secondary 100k general freight cargo I have.

 

First year authority(2016). Need to have insurance in place before authority will be granted. $100,000 cargo was $1,500.00, and my liability was $4500.00. One truck, 2 trailers, full 48 state operating authority. My insurance company filed BOC-3 for me($40). I did my authority myself.

 

Spoke with Progressive today about insurance, they gave me a quote but also stated that do to a new policy on new authorities, they may cancel it when the dot #s go through the computer. Was for the most part pleased with their quote, but may be unreachable.....