Trucker Forum - Trucking & Driving Forums - Class A Drivers

Trucker Forum - Trucking & Driving Forums - Class A Drivers (https://www.classadrivers.com/forum/)
-   New Truck Drivers: Get Help Here (https://www.classadrivers.com/forum/new-truck-drivers-get-help-here-102/)
-   -   Cheapest insurance for new owner operator ? (https://www.classadrivers.com/forum/new-truck-drivers-get-help-here/34755-cheapest-insurance-new-owner-operator.html)

charged 07-26-2008 08:22 AM

Cheapest insurance for new owner operator ?
 
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 07-26-2008 11:37 AM

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 07-26-2008 11:50 AM

Re: Cheapest insurance for new owner operator ?
 

Originally Posted by charged
.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. :lol:

chubyboy 07-26-2008 11:59 AM

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 07-26-2008 07:26 PM

Re: Cheapest insurance for new owner operator ?
 

Originally Posted by BigDiesel

Originally Posted by charged
.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. :lol:


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 07-26-2008 11:53 PM


Originally Posted by 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

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

charged 07-27-2008 12:08 AM


Originally Posted by 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.

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

GMAN 07-27-2008 01:28 AM

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 07-27-2008 08:38 AM

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

charged 07-27-2008 10:22 AM

Re: O/O Insurance
 

Originally Posted by Sealord
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.


All times are GMT -12. The time now is 06:14 AM.


Copyright © 2026 MH Sub I, LLC dba Internet Brands. All rights reserved