Rate per mile questions

Discussion in 'Expediter and Hot Shot Trucking Forum' started by AndrewW, Jun 11, 2020.

  1. flatbedcarrier

    flatbedcarrier Medium Load Member

    626
    674
    Jun 8, 2005
    Southern California
    0

    Insurance is really tough for new guys these days, and It sounds like it may get even tougher? It may take a much bigger bankroll to get into this business. I just read that somebody is pushing for a new law requiring a $2,000,000 minimum on commercial liability. If that goes through, it would more than likely eliminate the majority of new start ups? At least the ones that aren’t out there rolling steady before the law kicks in.

    I might have some Insurance people he could call? He would need to pm me though. I’m not going to post them publicly. I’m still hearing about Some new guys getting quotes for in the $15k range.
     
    singlescrewshaker and Lite bug Thank this.
  2. Truckers Report Jobs

    Trucking Jobs in 30 seconds

    Every month 400 people find a job with the help of TruckersReport.

  3. singlescrewshaker

    singlescrewshaker Road Train Member

    2,730
    21,406
    Dec 31, 2017
    Palmgetto, FL
    0
    This insurance hike to $2 million is such a pile of manure!

    The fed study's show all but .06% of truck accidents are already covered by the minimum $750k.

    The $1 million most of us carry by choice covers all but .03% of accidents.

    Typical ambulance chasers trying to line their pockets off the backs of the blue collar man.. :mad:

    Don't forget this Cartwright joker too.. And no, not Hoss Cartwright in my avatar.. LoL

    Watchdog requests investigation of congressman's efforts to increase trucking insurance minimums 600 percent - Bus & Motorcoach News
     
    Lite bug and 24kHotshot Thank this.
  • Truckers Report Jobs

    Trucking Jobs in 30 seconds

    Every month 400 people find a job with the help of TruckersReport.

  • Draft saved Draft deleted