OOIDA Insurance

Keep shopping. They are generally not the cheapest. And with a flat, LS can be a large source of good paying loads in your area.

 

Agreed with Bill. OOIDA has ruffled some feathers fighting LS and others. Why limit your potential revenue sources.

 

Thers quite a few that will not accept OOIDA insurance. Something i think to do with it being a pool and not its own insurance company. I could be somewhat wrong on the reason but its along those lines. Shop around when i checked them they where not the cheapst for me.

 

$4k difference between quotes? Wow.

 

Doesn't pass the smell test.

 

I use OOIDA for all of my supplemental coverages, but get my cargo and liability insurance elsewhere.

OOIDA has a lot of great supplemental coverages that you can pick and choose depending on your operation.

 

OOIDA can say what they want, but LS is not bsing you. LS requires a certain level of A.M. Best rating and OOIDA's insurance does not have that high of a rating. Even those of us leased on, must get insurance through companies, with that level of rating for our Unladen Liability and Occupational Accident coverages. LS does not tell us where to buy our policies, only the minimum standards to be met and OOIDA, unlike many others, does not meet those minimum standards.

 

From what i've heard, LS requires US based insurance, while OOIDA's (Lloyd of London) is England (Great Britain) based.

 

There never was an issue with OOIDA insurance until after the lawsuit since OOIDA met the minimum standards of 1 million dollar coverage with CPP and Unlaiden Liability.

After that, LS figured that they can get back at OOIDA by raising the rating.
However there are still many of us that are grandfathered and still carry "ALL" our insurances with OOIDA without any issues.

Its all politics and the driver is caught in the middle as usual.