Hey out there Im 90 days new authority and Im looking to add a truck under my authority. To add trucks on insurance policy do I have to pay a down payment every time I add a truck?? All insights greatly appreciated
My pockets aren't deep enough for that lol. Im paying monthly but one rep said it would be $4200 down every time I add equipment. Im extremely confused. Or is there anyway around the down payment for added equipment.
I'm guessing it depends on your insurance agency. Most don't like you adding trucks on that early into your own authority. Mine isn't going to make me pay a down payment to add on a truck it's just prorated premium for whatever is left on my policy at the time of adding on.