@@billymackbuilds9348 - if you are paying anything more than $15,000/yr on insurance than you're not competitive and you won't last very long in this industry climate. You don't need to disagree with me on this, cuz your bankruptcy lawyer will confirm what I am saying here.
This video has so many false statemants and only keeping it veague will keep this man from being sued for slander. If an isnurance broker or carrier did one tenth of what he just said, that would of been all over the news not to mention that is nearly immpossible to do half them a least. I can say with certainty that he has no clue about what he is talking about when it comes to trucking insurance.
1. Every Insurance carrier requires you to insure all commercially owned and operated units not the broker. 2. No trucking insurance broker that that has half brain will try to jack up your premium just so the make few extra dollars in commission and lose the business all together or you go somewhere else ( you said it yourself everyone shops around these policies because they are expensive) not to mansion if you cancel or switch he will lose his prorated commission. 3. Carriers are the ones issuing federal filings not brokers. How would you imagine an insurance broker issues you a fake policy and you get your filings done. 4. From where did you get your information that a kickback is a thing and do you understand the meaning of it in the insurance world and how heavily regulated it is? 5. How do you suggest a broker will collect money from a fake claim when there is always a claim rep involved on the behalf of the carrier and almost always a claim adjuster before any claim get reviewed or approved?!?
First thing first make sure you know a good bankruptcy lawyer 😂😂
You never know when you might need one, that's solid advice
@@NorthAmerican-Trucking-News 😎
USAA currently offers the lowest trucking insurance rate bar none.
Only catch is, you'd have to be a US military veteran
They do treat their vets well
Hey ronen, i dont see the link for the insurance brokers!
truckingacademy.us/products/insurance-brokers-contact-list
I just called PROGRESSIVE INSURANCE, for owner operator-hotshot truck insurance QUOTE...
"You need to pay $2,200 a month"
= $26,400 a year
There you have it
I got my first quote at 35k a year as a new carrier, even though I have been brokered
@@billymackbuilds9348 - if you are paying anything more than $15,000/yr on insurance than you're not competitive and you won't last very long in this industry climate. You don't need to disagree with me on this, cuz your bankruptcy lawyer will confirm what I am saying here.
Oh wow
2024 Average Cost of Truck Job: Owner Operator = $75,000 every year! 😂😂😂😂😂😂😂😂😂
(Make $75,000 - Cost $75,000= Make $0/year pay DUMMIES!!!)
Load Board CEO, talk on MuthoTrucker RUclips Channel:
6:05 "still make decent money...$75-120,000 per year" 😂😂😂😂
LMAO ROTF! LOL XD
It’s important to choose right authority specially for NEW CARRIERS in USA
Please reply
Thanks
True that!
Thanks for important information
Which is better and why Common or Contract Authority
Please reply
That's a good question, I'll raise that to Ronen directly!
I want an F450 anyway, flatdeck trailers aren't that expensive, what does it take to open a hotshot business?
He doesn’t know anything about hotshot. Just to save you time waiting for his reply. He only works with tractor trailer
We aren't much a hotshot company
I just called PROGRESSIVE INSURANCE, for owner operator-hotshot truck insurance QUOTE...
"You need to pay $2,200 a month"
= $26,400 a year
what about hotshot trucking company?
He doesn’t know a single thing about hot shot. He only does tractor trailer. Hot shot is good but you have to do your own research
That's not really our field, but we can look into that
I just called PROGRESSIVE INSURANCE, for owner operator-hotshot truck insurance QUOTE...
"You need to pay $2,200 a month"
= $26,400 a year
Plz share those 4 insurance companies in United states
truckingacademy.us/products/insurance-brokers-contact-list
18k per year that's full coverage right?
I just called PROGRESSIVE INSURANCE, for owner operator-hotshot truck insurance QUOTE...
"You need to pay $2,200 a month"
= $26,400 a year
2024 Average Cost of Truck Job: Owner Operator = $75,000 every year! 😂😂😂😂😂😂😂😂😂
(Make $75,000 - Cost $75,000= Make $0/year pay DUMMIES!!!)
Load Board CEO, talk on MuthoTrucker RUclips Channel:
6:05 "still make decent money...$75-120,000 per year" 😂😂😂😂
LMAO ROTF! LOL XD
The math is impressive
This video has so many false statemants and only keeping it veague will keep this man from being sued for slander. If an isnurance broker or carrier did one tenth of what he just said, that would of been all over the news not to mention that is nearly immpossible to do half them a least. I can say with certainty that he has no clue about what he is talking about when it comes to trucking insurance.
Please share where we may have said something incorrect
1. Every Insurance carrier requires you to insure all commercially owned and operated units not the broker.
2. No trucking insurance broker that that has half brain will try to jack up your premium just so the make few extra dollars in commission and lose the business all together or you go somewhere else ( you said it yourself everyone shops around these policies because they are expensive) not to mansion if you cancel or switch he will lose his prorated commission.
3. Carriers are the ones issuing federal filings not brokers. How would you imagine an insurance broker issues you a fake policy and you get your filings done.
4. From where did you get your information that a kickback is a thing and do you understand the meaning of it in the insurance world and how heavily regulated it is?
5. How do you suggest a broker will collect money from a fake claim when there is always a claim rep involved on the behalf of the carrier and almost always a claim adjuster before any claim get reviewed or approved?!?