Use of someones DOT and MC#?

Discussion in 'Experienced Truckers' Advice' started by thereverend, Nov 8, 2013.

  1. thereverend

    thereverend Bobtail Member

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    I am just starting out and want to haul one or two cars at a time.. SMALL operation. I have a 32 Foot 2 car trailer and could do the FMCSA app for the DOT and MC# @ $300 thats not a the problem. The problem I am running into is the manditory 1 Million Dollar Liablity coverage that they want on my truck and trailer. I am not made of money and the last quote I got was well over $8000 per year. Not sure how anyone could afford $8000 a year before they even start out. SO my question is this. Is there a way to have someone authorize me to use their DOT and MC# for a small monthly fee to them so I can run under their #'s till I can get the $8000 to get the coverage and my own Authority. I need some help here.. I just want to support my family transporting autos. Can anyone help me?!?!?
     
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  3. saddleup

    saddleup Light Load Member

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    The problem is to add you on to run under our numbers would require you to be on our insurance also and someone has to pay, lease on to a carrier until you save up some money.
     
  4. thereverend

    thereverend Bobtail Member

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    How would I lease onto a Carrier? and do you have a list of carriers that will do this?
     
  5. Vintage

    Vintage Light Load Member

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    I think it's honorable that you wish to support your family in this endeavor but i highly doubt anyone in their right mind would allow a complete stranger to have free rein over their authority..but stranger things do happen in this industry. Have you tried calling around for quotes? You know when you initially open an insurance policy, you can put down a certain percentage to get the policy started, i think the norm is somewhere around ≈20% so you don't have to pay all of it up front. You could however always lease onto a carrier.
     
  6. luvtotruck

    luvtotruck Road Train Member

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    Takes Money to make Money!
     
  7. Bakerman

    Bakerman Road Train Member

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    Just ask them to finance the insurance, that is what I did when I first started out. You put a small down payment & finance the rest over 9 months.
     
  8. Lonesome

    Lonesome Mr. Sarcasm

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    Lease on with someone. There are a lot of companies in the RV hauling business that would sign you on.
     
  9. CondoCruiser

    CondoCruiser The Legend

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    I suggest you buy a dual axle 16' trailer with a GVWR 10,000 lbs or less then you are exempt from the federal regulations. You are not for hire, you won't need a CDL unless you have separate state laws. Your only federal requirement will be a DOT medical card. Then you only have to meet state minimum insurance regulations.
     
  10. thereverend

    thereverend Bobtail Member

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    Nov 8, 2013
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    How do you figure that I would be NOT for hire with a 16 foot trailer and 10k gvrw?? I have a 2 car with a gvrw of 10k can it be done with that? But really confused about the NOT FOR HIRE part... How do you figure I would be NOT for hire but moving other people cars? please explain...
     
  11. thereverend

    thereverend Bobtail Member

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    Do you know of any car hauling businesses that lease on O/O's?
     
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