New o/o needs advide

Discussion in 'Ask An Owner Operator' started by nitetride379x, Jul 30, 2020.

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  1. Jul 30, 2020 #1
    nitetride379x

    nitetride379x Light Load Member

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    I'm planning on purchasing a truck when i turn 21(pre 2004/2007). I will have some cdl A experience before then, but since i'm not 21 i cannot drive interstate. With my own truck, will i be able to find carriers to lease onto? as well as will i be able to survive on load board and how does that work with loads hauled in the beginning will i be able to find good loads with not a lot of load board experience? All feedback appreciated.
     
    nitetride379x, Jul 30, 2020
    nitetride379x, Jul 30, 2020
    #1
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  3. Jul 30, 2020 #2
    Spyro2112

    Spyro2112 Medium Load Member

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    Spyro2112, Jul 30, 2020
    Spyro2112, Jul 30, 2020
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  4. Jul 30, 2020 #3
    86scotty

    86scotty Road Train Member

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    Correct. From what I've heard insurance will be your biggest hurdle that young. You may have to drive for somebody for a few years.
     
    86scotty, Jul 30, 2020
    86scotty, Jul 30, 2020
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  5. Jul 30, 2020 #4
    kemosabi49

    kemosabi49 Trucker Forum STAFF Staff Member

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    Find a decent company that you can run otr everywhere and run as a company driver for a couple years while you learn shipping lanes and all season/terrain driving. Then you will be 23 with experience driving and your new entrant insurance won't be as bad. At 21 the insurance is going to be crazy high. Good luck.
     
    kemosabi49, Jul 30, 2020
    kemosabi49, Jul 30, 2020
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  7. Jul 30, 2020 #5
    keen98

    keen98 Road Train Member

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    Hell I'm 40 with 5yrs experience and still being quoted $23,000. I cant imagine for a 21yr old
     
    keen98, Jul 30, 2020
    keen98, Jul 30, 2020
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  8. Jul 30, 2020 #6
    kimbosa

    kimbosa Medium Load Member

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    dang there making real money there! i think there way to high.
     
    kimbosa, Jul 30, 2020
    kimbosa, Jul 30, 2020
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  9. Jul 30, 2020 #7
    nitetride379x

    nitetride379x Light Load Member

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    I do agree that I should have some otr experience, but should I decide to go down that other road I will still Be able to find an insurer correct? A couple have said I will not. I do also believe I can activate a suspended family authority as well.
     
    nitetride379x, Jul 30, 2020
    nitetride379x, Jul 30, 2020
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  10. Jul 30, 2020 #8
    Long FLD

    Long FLD Road Train Member

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    Insurance will be your barrier. You would be better off being an employee driver for two years and you’ll be more marketable with two year’s experience and will have better luck finding someone to take you on with your own truck at that time.

    The authority you have access to may be an option, but at the end of the day you’re still trying to buy insurance for a 21 year old.
     
    Long FLD, Jul 30, 2020
    Long FLD, Jul 30, 2020
    #8
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  11. Jul 30, 2020 #8
    xsetra

    xsetra Road Train Member

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    Activating a suspended authority, is treated the same as a new entrant.

    I was informed by an agent for great west recently.
     
    xsetra, Jul 30, 2020
    xsetra, Jul 30, 2020
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  12. Jul 31, 2020 #9
    nitetride379x

    nitetride379x Light Load Member

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    Thanks for all the replies, hear a lot about insurance which I’m still not clear on if I will not be able to find an insurer or if it will just be very expensive.
     
    nitetride379x, Jul 31, 2020
    nitetride379x, Jul 31, 2020
    #9
  13. Jul 31, 2020 #10
    Ridgeline

    Ridgeline Road Train Member

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    You won't get insurance cheap - PERIOD.

    and if you do, you better look at the insurance agreement because it will have a lot of loop holes to protect the underwriters from paying.

    The best thing is either run local which should be good for you, for at least 5 to 6 years or go drive for a company for 4 to 5 years.

    BUT underwriters are looking at trucking as a means to go broke and I have been told by mine that they are not willing to write policies for new entries into this industry much more because litigation is out of control.
     
    Ridgeline, Jul 31, 2020
    Ridgeline, Jul 31, 2020
    #10
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