Owner Operator Insurance after 1 year

Do you have to pay the whole 13.5 up front??? Looking to get a truck soon...

 

No. 1800 up front. 1136 a month

 

Dominic Frasca
Alternatives Insurance
St. Louis MO
13148721800

 

There are a lot of factors that go into the insurance rates.

How close you are to a major city, your driving record, how long you had your CDL, how much experience you have driving, your MVR, there are a lot of variables in all of that.

And there are a lot of variables from state to state. For whatever reason some companies write a lot of policies in one state but in another state they either won't write them or they'll be crazy expensive.

 

I bought two trucks with my own authority in June 2020 its April 2021 i since added 3 more trucks . My quote with Canal Insurance was $8500 down and $4200 a month for the first two trucks. I paid $6200 down payment for the other two and the last one i paid $3500. In total for 5 trucks no accidents no tickets on none of my drivers record including me I pay $10,744 a month. Also I live in Georgia which is the worst in the country to insure trucks also. Thats what 3 trailers added to the policy. Man yall have it good. Next premium Im moving it to North Carolina to my grandma house. I want that $800 a month insurance

 

Dang that's high! Third year in TN I'm around 10k this year. I had a boo boo that probably cost me a grand or two.