Guys! how much are you currently paying for truck insurance (100k cargo and 1million liability). And what company do you think is the best in the business?
What is the best insurance company for Truckers?
Discussion in 'Ask An Owner Operator' started by Ikamob01, Jan 4, 2022.
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If you are new, you don’t have many options. Progressive is who most new owners have to use the first year. And the rates are high depending on state. Im in PA and my first year is $17,500.
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bzinger Thanks this.
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Vampire, Siinman, dchawk81 and 1 other person Thank this.
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With all the stupidity these days I'm surprised anybody will even write truck insurance these days .
My group policy at the carrier im leased to creeps up every year . -
Reminds me of when I went for truck financing. The "broker" I contacted offered me 18% APR with 10% down that then became 20% when I was closer to choosing a truck. I felt desperate and almost went for it when I had an epiphany that the bank near me catered to farmers and merchants. Literally part of their name. Farmers buy trucks. So I called them and she said she didn't know if she could beat the offer I already had (I hadn't told her the terms) but she said they could do 6% APR and nothing down. I told her I loved her.
The bank near me is only a few blocks away from my house, on the same street, same side, and catty cornered with my post office where I get my broker checks to the po box. So it's basically perfect.Drive Free, Vampire, Beaver9 and 5 others Thank this.
Trucking Jobs in 30 seconds
Every month 400 people find a job with the help of TruckersReport.
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