Cost of Authority
#21
Senior Board Member
Thread Starter
Join Date: Feb 2007
Location: California...yup beautifull Hollywood just over the hill
Posts: 569
Woo-woo ....just made it back to California last night. Still have me base plate to pay for, state rgistration and IFTA and quess I am good to go. I didnt have to pay a dime till I got closer to California. New Mex wanted $10 at the scales, and Arizona wanted $130.00 (Gasp n cough) ....afraid what California Nazis would have wanted, so I snuck in while Cajone scales were close under cover off darkness and will wait till Monday to go pay it all in one lump sum for eveything......no single trip crap.
#22
Guest
Posts: n/a
Originally Posted by pepe4158
Woo-woo ....just made it back to California last night. Still have me base plate to pay for, state rgistration and IFTA and quess I am good to go. I didnt have to pay a dime till I got closer to California. New Mex wanted $10 at the scales, and Arizona wanted $130.00 (Gasp n cough) ....afraid what California Nazis would have wanted, so I snuck in while Cajone scales were close under cover off darkness and will wait till Monday to go pay it all in one lump sum for eveything......no single trip crap.
What are you being charged for? I've been to all those states and never had to pay anything?
#23
You will need proof that you have paid your 2290 and that you have your authority before you will be allowed to get your base plate and IFTA. $130 for Arizona? That must have been a fine. Surely they would not have charged that much just for bobtailing across the state.
#24
Senior Board Member
Thread Starter
Join Date: Feb 2007
Location: California...yup beautifull Hollywood just over the hill
Posts: 569
Hmmm not a fine, they called it a 30 daytemporary plate registration, they issued me another papper plate like the one in my window from N.C.
They didnt seem to give me a choice whether to buy it or not, for me to cross B.T., without my permenant base plate, $130.00....actually (128.00 but she didnt have change )
#25
Senior Board Member
Thread Starter
Join Date: Feb 2007
Location: California...yup beautifull Hollywood just over the hill
Posts: 569
Say G-mn...did you or Steve ever incorporate? Hmmm filling out this Ca IRP junk....sees beeter if I did, but not sure. If so is LLC best?
#26
Rookie
Join Date: Dec 2006
Posts: 42
Am about to get my own authority also and have been doing some
research. On the FMCSA web site, the place to get your authority on-line, the instructions for filling out form OP-1, Motor carrier authority, states, Page #8 "Appropriate insurance forms must be filed within 90 days after the date the notice of your appplication is published in th FMCSA Register. Form BMC-91 or BMC-91X for bodily injury and property damage, form BMC-34 for cargo liability, Form BMC-84 for broker surety bond,and Form BMC-85 for broker trust fund agreement. The FMCSA does not furnish copies of insurance forms. You must contact your insurance company to arrange for the filing of all required insurance forms." Also the section of the OP-1 form which talks about insurance, it says "Will have....... amount....." It never says Already have and it never asks for Binder # or Company Name. It looks like to me that the FMCSA wants it all from the insurance Co. This seems more reasonable to me. Look at Fed Ex. they have the authority but don't own the Trucks, If I have missed something, please let me know. I have been reading this thread and because of the time line in the start up I have decided to get the authority going and MC#, DOT# and KYU#, Ifta etc. all started now. also BOC-3. The on-line form is simple. About 30 questions, all name address etc. $300 by credit card and I quess its done Input guys Input
#27
Originally Posted by pepe4158
Say G-mn...did you or Steve ever incorporate? Hmmm filling out this Ca IRP junk....sees beeter if I did, but not sure. If so is LLC best?
I have had a corporation for years. The one I use I incorporated in 1988, I believe. I have owned several corporations, the first was about 1971. I prefer a corporate structure. If you incorporate, you may want to file a Sub Chapter S election with the IRS. You could also use the LLC or LLP. Personally I prefer the basic corporation. I like it for the tax benefits as much as the protection it can offer.
#28
Originally Posted by oldmanrandy
Am about to get my own authority also and have been doing some
research. On the FMCSA web site, the place to get your authority on-line, the instructions for filling out form OP-1, Motor carrier authority, states, Page #8 "Appropriate insurance forms must be filed within 90 days after the date the notice of your application is published in the FMCSA Register. Form BMC-91 or BMC-91X for bodily injury and property damage, form BMC-34 for cargo liability, Form BMC-84 for broker surety bond,and Form BMC-85 for broker trust fund agreement. The FMCSA does not furnish copies of insurance forms. You must contact your insurance company to arrange for the filing of all required insurance forms." Also the section of the OP-1 form which talks about insurance, it says "Will have....... amount....." It never says Already have and it never asks for Binder # or Company Name. It looks like to me that the FMCSA wants it all from the insurance Co. This seems more reasonable to me. Look at Fed Ex. they have the authority but don't own the Trucks, If I have missed something, please let me know. I have been reading this thread and because of the time line in the start up I have decided to get the authority going and MC#, DOT# and KYU#, Ifta etc. all started now. also BOC-3. The on-line form is simple. About 30 questions, all name address etc. $300 by credit card and I quess its done Input guys Input You can do it all on line now. You will need your MC# and letter granting you authority before you can get anything else. You are correct about your insurance. Your insurance company should be able to file the appropriate forms in a day or so after you notify them that your authority has been granted. I would not spend the money getting my insurance until you are notified and have a MC#. If you do, you will be paying insurance for a few weeks before you can actually begin conducting business. You will also need signage for your truck. I would have my insurance lined up before applying for authority. I don't recall how much experience you have, but that is a major factor in who is willing to cover you.
#30
Steve, if memory serves, once your MC# is issued, you will be given a certain amount of time to get your insurance information filed. If you fail to get your insurance filed within the required time frame, you will not be given your authority. Unless things have changed since I first got my authority, you don't need to have your insurance prior to filing for authority.
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