Question for owner operators. Need some advice about insurance

Discussion in 'Ask An Owner Operator' started by amrogers3, Sep 19, 2020.

  1. amrogers3

    amrogers3 Bobtail Member

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    Been trying to determine supplemental insurance coverage. How much I need and who I should use.

    I have two trucks registered to an LCC. Those two trucks are leased to another company who pays insurance. They have a $1,000,000 policy through Lloyds of London. But do I need to also get additional insurance on my LLC? Or am I covered 100% through the company I lease the trucks to?
     
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  3. Rideandrepair

    Rideandrepair Road Train Member

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    The 1 mil Public Liability coverage that the Company provides, should be plenty, you’re covered by that while under a load, or empty. Only other insurance would be your Non-Trucking ( bobtail) Insurance, to cover personal use of Truck. Other optional insurance would be any Collision, theft, fire, for the Trucks.
     
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  4. amrogers3

    amrogers3 Bobtail Member

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    Who do you recommend getting insurance through?
     
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  5. Rideandrepair

    Rideandrepair Road Train Member

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    Great Western, Northland, Progressive,in that order, have to Shop prices, making sure each policy offers the same coverage, Those three are only ones that come to mind.
     
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  6. MTN Boomer

    MTN Boomer Medium Load Member

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    You may be able to get that coverage through the company you are leased to. However I have always had that coverage separate from the company
     
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  7. 86scotty

    86scotty Road Train Member

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    Commercial Insurance Solutions in Ohio can help you. Not affiliated, just a very happy customer.
     
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