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Old 02-05-2008, 08:42 PM
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Default bobtail insurance ? ooida

Just got a quote from ooida

1 mill liability 121.60/ month
Full coverage on tractor 1,000 deductable 50.15/ month
Membership 45.00/ year

Total 179.75/ month

Any one had bad or good expierence with ooida ?
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Old 02-05-2008, 09:21 PM
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Auto liability and general liability will run you a lot more then that. That is about right for bobtail, which is only required when leased on to a company. Not required with your own Authority. As for the physical amount, that sounds about right for a truck worth about $20,000 to $30,000. One of the benifits to getting this insurance on your own is not having money taken out of your settlements with a carrier and having to keep track of what they take out. It makes things a little less confusing, and teaches you where your money is going. :wink:
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Old 02-05-2008, 10:55 PM
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The Bobtail is out of wack.
You can do better than that.
Try Continental O/O 406-655-7940
$42 per month.
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Old 02-06-2008, 02:26 AM
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Bobtail seems to run between $30-60/month. Physical damage runs from 2-4% of the stated value of the equipment.
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Old 02-06-2008, 02:28 AM
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Actually, my bobtail was $48 a month when I was leased on to my last carrier. So, yes that rate seems a little high. As in more then double.
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Old 02-06-2008, 03:00 AM
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When I leased to a carrier I believe I was offered bobtail through their insurance company for about $30/month. I chose to go through OOIDA at the time, even though the rates were a bit higher. I preferred to keep my insurance separate from the carrier. Many carriers offer reduced rates for bobtail and other insurance.
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Old 02-06-2008, 03:30 AM
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Default Re: bobtail insurance ? ooida

Quote:
Originally Posted by 2hellandback
Just got a quote from ooida

1 mill liability 121.60/ month
Full coverage on tractor 1,000 deductable 50.15/ month
Membership 45.00/ year

Total 179.75/ month

Any one had bad or good expierence with ooida ?
The high bobtail quote includes contributions to JJ's and Spencer's discretionary fund.... :lol:
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