Cheapest insurance for new owner operator ?

[charged]

The only company that I have found that will insure me is Progressive for $700/mo. That is one million liability and $100000 cargo. Five hundred mile radius and no steel coils.My driving record is clean I just don't have any experience.

Are there any other companies out there that I should check out?

[GMAN]

Progressive is about the only game in town when it comes to insuring those with no experience. Most require at least a couple of years behind the wheel before they will talk to you. There have been several on this board who have gotten their authority without first getting some experience. I believe all of them wound up starting with Progressive. As an alternative, you may be able to join your state trucking association and get insurance. I don't remember whether they require a minimum amount of time in business before they will allow you to join. They do offer insurance, but state membership usually runs about $400/year. A bit pricey for someone starting out. You may also check with OOIDA, but I believe they also require at least 2 years experience. They may be able to direct you to another insurance company who will take you on. Good luck.

[BigDiesel]

.My driving record is clean I just don't have any experience.

Are there any other companies out there that I should check out?

Sigh....... another I have no experience but I am going to be a O/O post.

[chubyboy]

u know, some like to gamble and learn the hard way, others like to gamble and they get lucky and make it...that is all we shall say on that subject for anyone whom wishes to get way the hell OT

[Scottt]

.My driving record is clean I just don't have any experience.

Are there any other companies out there that I should check out?

Sigh....... another I have no experience but I am going to be a O/O post.

With my no experience my first 3 weeks as a O/O were better than expected. My 3 week average after fuel and insurance was $2500. The downside was my first 3 weeks I had $5,000 in repairs.

I mafe the last 2 rounds to California with no added expense. Truck is averaging 6.6mpg.

[charged]

u know, some like to gamble and learn the hard way, others like to gamble and they get lucky and make it...that is all we shall say on that subject for anyone whom wishes to get way the hell OT

Some like to work for a big company like Swift and make $.26 per mile and be home every weekend.

[charged]

Progressive is about the only game in town when it comes to insuring those with no experience. Most require at least a couple of years behind the wheel before they will talk to you. There have been several on this board who have gotten their authority without first getting some experience. I believe all of them wound up starting with Progressive. As an alternative, you may be able to join your state trucking association and get insurance. I don't remember whether they require a minimum amount of time in business before they will allow you to join. They do offer insurance, but state membership usually runs about $400/year. A bit pricey for someone starting out. You may also check with OOIDA, but I believe they also require at least 2 years experience. They may be able to direct you to another insurance company who will take you on. Good luck.

Thnaks for the info. I'll check into that.

[GMAN]

There really isn't any such thing as "cheap" truck insurance, even for those of us who have been at this for some time.

[Sealord]

You might pose your insurance question on the O/O Forum. BOL

[charged]

You might pose your insurance question on the O/O Forum. BOL

I wasn't sure which section to ask the question it pertains to both new truckers and O/O's. I know it is against the rules of most forums to ask one question multiple times in different sections. I got banned in about 5 posts on another trucking forum last week and don't want to repeat that.

[charged]

There really isn't any such thing as "cheap" truck insurance, even for those of us who have been at this for some time.

Actually, I should have named the topic, "What insurance company is the best choice for a newbie trucker." I would imagine a company that would insure a newbie for coils and for longer distances than 500 it would be worth a couple hundred extra, if I could get jobs that would cover the increase.

[GMAN]

Without experience you are likely to have restrictions on what you can haul and where you go. Most insurance companies seem to check how long you have had your CDL not where you have worked. I have had my insurance company ask me where my drivers have worked, but don't think they have checked. I believe that you can haul a certain percentage of loads outside of your radius with Progressive. However, they will want you to stay within your mileage restriction for most loads. Even within a 500 miles radius there are good opportunities.

[Scottt]

When I was thinking about getting my own authority I checked on insurance.

I could get insurance with no mile limits through Northland for about $900 a month. I called the other day and now with 6 months experience driving the rate dropped to $825.

[charged]

I called a few agents northland had listed they all said the same thing. No one insures new drivers you have to get two years experience with an over the road company before they will insure.

I guess that is why so many local companies want two years verifiable driving experience before they hire.

[charged]

I called another 10-15 places this afternoon and none insure new drivers. I called OOIDA and they don't either.
I guess he is stuck with a 500 mile radius for a couple of years.

[GMAN]

Depending on where you live, having a 500 mile limitation may not be so bad.

[charged]

It could be worse. At least it keeps him out of Florida and Texas for the most part.

[Scottt]

Try calling these people

http://www.cb-sisco.com/trucking/

[charged]

They are a broker for many companies and the agent I spoke with said progressive is the only co that they represent which covers new drivers.

[Scottt]

Try this one

http://www.truckers-insurance.com/[i...Doug[/img]