Just got my authority and I have been unable to find commercial insurance for my Cargo Van anywhere! Progressive is the only one that will insure it and they're wanting $1200 a month. Is this right for a CARGO VAN??? Anyone have any other company referrals???
Cargo Van Commercial Insurance
- Thread starter kimberlyperson22
- Start date
Did You contact CIS ..? They advertise on here . They can help you more than anyone if you want to Run Loads under your Authority... But many Experienced members on this Forum lease to Major Carriers and run under their Authority. Also please note : in the Van segment of this Business most O/OP drive a Sprinter type van , sprinter, transit or promaster . To be honest " The Cargo Van " is Too Short in height and length for most Customers.
But of course You are entitled to your own opinion..
Whatever...
I've heard of other vans paying this kind of money for insurance. It depends on many factors, driving record, age, etc, but it also depends on your address. Do you live in New Jersey by any chance?
I paid about $3000 a year here in Tennessee if I paid it once yearly. If I wanted to pay monthly, it would have been more. I got it through CIS, but Progressive was the insurance company. It seemed that Progressive was the only game in town. However, that was years ago, so it might be different nowadays.
Should we put a sticky post in the noobs forum, or keep letting people find out for themselves?
guido4475
Not a Member
Should we put a sticky post in the noobs forum, or keep letting people find out for themselves?
If they want to haul cheap freight while paying super high insurance, let them figure it out for themselves. Thin the herd out .
guido4475
Not a Member
Are you doing the multicarrier thing?....
So many advantages to just leasing onto a good, honest, large carrier. Cheap insurance is one of them. The power of ONE.
I've got to do some number crunching myself. I'm not making fun of the OP, looking at expanding horizons myself. But I've been doing this 12 years.
Load boards are less useful than being seen by brokers for direct calls. Maybe this is the "shipping wars" effect?
If insurance is too expensive, just pretend you are personal use and use uship
Load boards are less useful than being seen by brokers for direct calls. Maybe this is the "shipping wars" effect?
If insurance is too expensive, just pretend you are personal use and use uship
Just talked with a unhappy Ford Transit driver, he said he pays $1000 a month for insurance, plus his van payment, and low rates
I couldn't imagine doing that
You don't mention if you have previously been in Expediting? As mentioned, you may be better off putting your "authority" in your pocket for now and sign on (if your van qualifies) with a carrier that has insurance options available. Otherwise, where do think you will get loads?
Sent from my XT1710-02 using EO Forums mobile app
Damn, never thought about that
Kind of makes this post a possible drive by.
Sent from my XT1710-02 using EO Forums mobile app
There's something about 60 days to finalize something. Insurance?
I would have read more carefully but, not sure I want authority yet
Edit: was it a carrier post to head off competition and keep their fleet thru the January blahs?
I would have read more carefully but, not sure I want authority yet
Edit: was it a carrier post to head off competition and keep their fleet thru the January blahs?
Last edited:
guido4475
Not a Member
Damn, never thought about that
Kind of makes this post a possible drive by.
Sent from my XT1710-02 using EO Forums mobile app
Blame it on Happy Savas.....lol
CIS - Commercial Insurance Solutions is the insurance company you want to contact.
For unlimited radius insurance, that is required for this type of work, Progressive is the ONLY option for vans. I check every year, with Geico .. etc ... no luck.
Hate to point out the obvious & I'm just curious .... why haven't you looked into insurance prior to this point?
Damn, never thought about that
Kind of makes this post a possible drive by.
Sent from my XT1710-02 using EO Forums mobile app
Once you file, there's a period of time to submit proof of insurance before it gets approved.
But it's probably best to do your homework prior to that point ..
I have had my authority since 1999. I believe the ins and listing of agents need to be submitted within a short period of time.Damn, never thought about that
Kind of makes this post a possible drive by.
Sent from my XT1710-02 using EO Forums mobile app
Once you file, there's a period of time to submit proof of insurance before it gets approved.
But it's probably best to do your homework prior to that point ..
I have had my authority since 1999. I believe the ins and listing of agents need to be submitted within a short period of time.Damn, never thought about that
Kind of makes this post a possible drive by.
Sent from my XT1710-02 using EO Forums mobile app
Once you file, there's a period of time to submit proof of insurance before it gets approved.
But it's probably best to do your homework prior to that point ..
You have your own authority but you run for L1.
How exactly does that work?