insurance

  1. R

    Any affect on personal car insurance?

    What, if any, kinds of incidents, accidents, tickets violations, scenarios...etc you're responsible for while operating a cmv as a company driver can possibly result in your personal car insurance rate going up?
  2. Mike

    How well do you know your insurance policy?

    the trucking company going after the dead guy brought this to mind. I'll start with a couple things, maybe others will have additional things to check that I haven't thought of, or just not thinking about right now. Uninsured Motorists: does your insurance cover this? Terrorism: Lots of...
  3. R

    Can companies still find an accident if not not on MVR?

    I had a minor fender-bender in my personal vehicle but it's not on my MVR because no police report was filed. Can trucking companies still use a C.L.U.E. report or something similar to find it? I would just be honest in my application and include the accident, but I don't know if this...
  4. RedEgg

    Hazmat Insurance

    Just getting started with my own company. I'm trying to decide whether hauling hazmat is worth it for me with a new authority. Can anyone who does carry hazmat recommend an insurance agent who can give me a quote to help form an opinion?
  5. Sinister

    Insurance Hike Passes House.

    Not only does it bump from 750,000 to 2 million, it also increases every 5 years to adjust for inflation. Still needs to pass the senate. https://www.transportationnation.com/u-s-house-ignores-pleas-from-truckers-and-passes-bill-to-impose-huge-insurance-hike/
  6. Duck

    House Committee Advances Massive Insurance Requirement Hike

    They rejected an amendment that would have removed the insurance requirement increase from $750k to $2 million, making ambulance chasers happy. https://landline.media/rep-bost-deems-insurance-increase-a-punishment-to-truckers/ Bost, who was raised in a trucking family, spoke passionately in...
  7. Mike

    Band of trucking groups ask House to reject higher insurance minimums

    State trucking associations, other trucking groups urge against liability insurance hike A coalition of more than 60 trucking-related associations penned a letter this week to the House Committee on Transportation and Infrastructure to discourage members from voting for an increase in the...
  8. Mike

    House lawmakers vote to raise mandatory insurance coverage to $2 million

    Lawmakers marking up the U.S. House of Representatives’ version of the surface transportation reauthorization bill have approved an amendment to more than double the required amount of insurance coverage for truck owners from $750,000 to $2 million. The amendment, introduced this week by U.S...
  9. C

    Truck Insurance Question

    Hey everyone, just bought a new truck and I am completely lost on what insurance to get. Some insurance companies say they can give me lower premiums, others say they can use my telematics data to make me safer on the road, others say they have the most comprehensive coverage, and others say...
  10. Mike

    Breaking: Wisconsin carrier ceases operations over skyrocketing insurance, maintenance costs

    After 13 years in business, 101 Transport Inc. of Hudson, Wisconsin, has ceased operations, citing skyrocketing insurance rates and maintenance costs as the main reasons behind the decision to close. Tom Dahlberg, owner of 101 Transport, said the death knell for his company was when his...
  11. Electric Chicken

    EC's Going For It

    Waiting on a callback from a Northland agent. Going to get the authority ball rolling.
  12. Mike

    A Rated insurance vs. Risk Retention - Getting some quotes tomorrow

    I have brought this up before, bringing it up again. I am insured through OOIDA. The underwriter is Lloyds Of London. This is Risk Retention, not A or A+ rated insurance. I have never had a claim, so I can not say how good this insurance is. It's affordable and allows me to keep my truck...
  13. N

    What are you doing about Health Insurance?

    Just to be clear - NAIT does not sell Health Insurance - We are working to partner with a provider who can offer coverage to our OO and IC members and are seeking input from the community. I'm working several angles to provide Health Insurance Options to US Based Owner/Operators and ICs. The...
  14. Mike

    Trucking company cancels insurance, deducts paychecks anyway

    More than a dozen former employees of a trucking company filed a lawsuit alleging their insurance was unknowingly canceled. Despite the cancellation, money continued to be deducted from their paychecks. On April 29, 16 former employees of St. Clairsville, Ohio-based Mustang Oilfield Services...
  15. C

    Insurance Rates have become Ridiculous for O/O

    just to even get a liability & Cargo crazy .. especially if you are coming over from leased to your own relatively "new"authority /MC . that doesnt count - they still hit you with a Ginormous rate.
  16. C

    New O/O with insurance issues

    I recently purchased a used truck and applied for my own Authority. I have everything except the insurance required to make my MC# active. The problem I am having is the cost of the insurance. my lowest quote is 35k a year and they are saying it is because I am a new company even though I have...
  17. Ottomatic

    Different kinds of insurance...

    Tractor insurance, trailer insurance, liability insurance, bobtail insurance, cargo insurance! So many kinds it is easy to get confused. I spoke to a landstar lady and she told me they take care of all insurance with the % cut they keep and their escrow deduction. What is the best way to make...
  18. ironpony

    Self-Driving Systems “Aren’t Robust Substitutes For Human Drivers” Says Insurance Group

    [Comment - this reflects the current state of the technology.] A new report from the Insurance Institute for Highway Safety (IIHS) on autonomous vehicles is out, and the results are clear. While the IIHS says autonomous systems can provide some safety benefits, self-driving systems “aren’t...
  19. M

    North Dakota company leaves drivers stranded, out of work after insurance lapses

    Some drivers were stranded on the road and others left without work for up to two weeks and counting after a North Dakota carrier canceled its insurance. On Monday morning, Fargo Cargo of Fargo, N.D., lost its FMCSA operating authority after the company’s insurance lapsed. What led the company...
  20. SaddleTramp

    OOIDA for Insurance

    Are you going through OOIDA for insurance? they are the cheapest I have found, if you don't hear from them call back, they can get busy.
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