Insurance cost for owner operator with own authority...

Discussion in 'Ask An Owner Operator' started by garyatk, Nov 4, 2012.

  1. garyatk

    garyatk Light Load Member

    56
    8
    Apr 17, 2010
    Traverse City, MI.
    0
    I am looking at getting my own authority. Can you share what you are paying for bobtail, liability, and cargo insurance? Especially if you are from Michigan... I am looking at $1 million liability, and $100,000 cargo.

    Thanks!
     
  2. Truckers Report Jobs

    Trucking Jobs in 30 seconds

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

  3. windsmith

    windsmith Road Train Member

    7,296
    6,031
    Sep 2, 2011
    NEPA
    0
    Plenty of threads here already dealing with that. Search, search, search...
     
  4. garyatk

    garyatk Light Load Member

    56
    8
    Apr 17, 2010
    Traverse City, MI.
    0
    I have been searching for an hour and still haven't found an answer yet. I didn't think it would be bad to just ask...
     
  5. snowblind

    snowblind Heavy Load Member

    775
    636
    Jan 29, 2011
    conover nc
    0
    i pay 686.00 month for 1 mil liability 250,000 cargo 30,000 trailer interchange, bobtail, and truck is payed off 2000 flt only carry 18,000 on it have been with this ins co for almost 4 years no claims start up was 2600.00 down.if that helps.ins went up last year for no reason other than they can,i have not shopped around for other quotes
     
    snowman_w900 Thanks this.
  6. garyatk

    garyatk Light Load Member

    56
    8
    Apr 17, 2010
    Traverse City, MI.
    0
    Thanks! I got a quote for $11,000 per year... New authority though.
     
    snowman_w900 Thanks this.
  7. snowblind

    snowblind Heavy Load Member

    775
    636
    Jan 29, 2011
    conover nc
    0
    i looked at glider kit and my ins said to expect bout 3000 a year increase on 100,000 truck,i run mi every week where do you live up there
     
  8. garyatk

    garyatk Light Load Member

    56
    8
    Apr 17, 2010
    Traverse City, MI.
    0
    I am up in the NW lower... Small fleet owner with 3 trucks. The quote I mentioned was for 1 truck.
     
  9. snowblind

    snowblind Heavy Load Member

    775
    636
    Jan 29, 2011
    conover nc
    0
    oh i could have looked traverse city.
     
  10. garyatk

    garyatk Light Load Member

    56
    8
    Apr 17, 2010
    Traverse City, MI.
    0
    Thanks for the reply!
     
  11. windsmith

    windsmith Road Train Member

    7,296
    6,031
    Sep 2, 2011
    NEPA
    0
    I guess that my advice to search is that knowing what someone else pays won't be of much value to you, since there are so many variables that affect insurance premiums. There are several threads that I've read here that touch on many of the variables, but I didn't save any links to them.
     
    garyatk Thanks this.
  • Truckers Report Jobs

    Trucking Jobs in 30 seconds

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