Yes, thats about where it should be,...I was concerned that your insurance company was not charging you enough. Usually when they do that, you have very poor coverage, but since thats for collision only,..it makes sense.
I had a quote come in that was around $3,500 per year for liability and cargo,..it seemed great until I finally got through to them and convinced them that it was a Class 8 and not a dual wheel pickup hauling a car trailer.
The agent told me, "you should have taken the policy and ran with it" I told him that it would not fly with the shippers, and that I want to build a relationship with my insurance company,...not scam then right out of the gate.
|