Quoted 46k/yr for 750k Liability 10,000 cargofor box truck??

Hello truckers. I have a GMC Savana Box truck rated no more than 12,000 gvw. I want to use this truck to get contracts from companies to deliver private property, general freight, and household goods (no moving). Correct me if I am wrong, I think I am considered a "for-hire" contractor. Ok. I recieved a call from progressive ins. This is the info I gave the agent:

Truck 12,000 gvw
Legal min liability $750k for MC authority
$10,000 cargo($5,000min)
100 mile radius interstate NJ-NY-PA
Lastly, personal info

The Agent also asked me if filings were required. I said yes, filings MCS-90, BMC 91,BMC 32, BMC 34.

The agent quoted me 715/yr for $10,000 cargo, I said fantastic, I will increase cargo coverage if liablility is affordable. Then the agent quoted me a total of $23k for both liabilty and cargo for just 6 months!!?? Honestly, I was expecting to pay no more than 13k a year total. I have research average rates on this forum and truckers in person and most are paying 4-8 grand for 1mil/100k cargo for bobtails and similar box trucks. Im so confused. Granted my record isnt perfect, minor accident 4 years ago $200 in damages, no turn on red 5 years ago. I currently have no points. Did I give the agent the wrong info in regards to filings info? Need some advice. Sorry for the rant.

 

That bill sounds great. Thanks for the info. What are you driving tractor and trailer, straight truck, dually?

 

Yea flo isnt cheap. Im thinking the agent accidently checked of hazardous materials or something along those lines.

 

Thanks for the response guys and tips. I think I see where I messed up. I told the agent I needed mcs 90 filings. According to FMCSA requirments only hazmat carriers are subject to mcs 90 filings. This most likely screwed up my quote. Will be back tomorrow after I call Progressive ins.