This has changed with progressive!!! They only require a down payment now, they went back to financing... I literally just got off the phone with them an hour ago as a brand new car hauler owner operator.
@@HotshotTruckingandTravel God bless you. Yes. If like that yes. The insurance not that high percentage. I was thinking to pack up to get in the business not now I will think again. Thank you men
I just started watching ur videos and let me tell u homie, u got the heart of a teacher, u really dont have to explain shit and you do it, defently "old school" What I consider "A CLASS APART" person!
Please explain to us if the insurance includes the truck insurance, and if not how does the truck insurance works? Does it has to be commercial? how does the registration works? Does it has to show more than 26000 pounds? Thank you
You have to pay that insurance every year man 40,000 then you have to pay for maintenance on your vehicle and all other stuff you have to pay for how do you make money doing that then somebody please explain to me I am lost
Quick couple of questions: looking to start out in the business. Retired from Army of 24 years in northern NY, got a ram 3500 dually,. Due to driving all kind of vehicles in the Army I was able to get my CDL-A with a waiver, just took the written test. I get asked how long have I had my CDL for, and I tell them a week but have been driving for the Army 24+ and they kind of back away a bit. Getting a quote on insurance has been a pain in the ass, I have the experience, hell I have the experience and then some in certain situations. How do I get around it? 2nd question - what is the benefits of having a broker on speed dial? Can they get me better loads nad manage my time better so I don't have down time and that I have loads lined up while I am delivering a load? 3rd and final question - What is the best way to find a load? What boards should I be looking at? Who should I be contacting? Is there somewhere I can look for Owner Operators looking to bring people on under their authority, just to get started? I appreciate all of your time and efforts. Don't have a trailer right now, Money is a bit tight to purchase, get my LLC, my own authority, and insurance without going in the hole, and residing in NY does not help. Trying to find local dump truck driving for now. Thank you for all of your assistance, anything will help. Safe travels
Very informative thanks for answering my question. If you don't mind answering another one. If I have my own truck and trailer what are the ins-and-outs of joining someone's operating Authority. Would it be more beneficial in your eyes working for someone like you first or trying to just break out as an owner operator. Thanks again Derek.
KICK ASS CHANNEL!!! Im in Boston, progressive quoted me 40 this morning, i wanted to stick my head in an oven!! Should i shop around or bite the bullet? 2019 ram 3500 2019 gator 40ft w airide,
I've been transporting equipment and vehicles for years for people I know. I own my own trucks and trailers as well. I've been wanting to start my own company but the cost of insurance is just criminal I have a cdl and have never been in an accident but even so with the cost for a year I could buy a brand new Denali 3500. Doesn't seem to be a way for me to get in the door for a logical amount of money. I would need to immediately pull in 15k a month to not end up in the red. Do you have any tips for getting a better insurance cost? I still have a bit of hope left but each exorbitant quote slowly snuffs the life out of the desire to even enter the world of hotshotting.
I have a 24 valve Cummings extra cab, a 48 ft dropdeck trailer and a 22ft heavy duty trailer all paid for. got the llc in process with all my permits in the works, but keep getting 35,000 $ insurance estimates. I'm a 2yrs class a driver with 16 in the towing industry...any ideas for cheaper coverage? and also, do I have to remove the bed of my truck to be of legal length with my 48 ft trailer?
Hey! Thanks for the videos. I appreciate the time you take to put them together and post them. I am doing preliminary work on getting a hot shot business going and haven't decided on freight or autos yet. Your videos add another thought to the puzzle. I like the idea of running an enclosed car hauler. I live in Utah. Any thoughts or suggestions on potential loads in the western half of the U.S. ? Just wondering if there is enough work to be profitable. Thanks and keep the videos coming.
We can help new Hot Shot Haulers and drivers get their insurance! We assist Auto Haulers like yourself as well. In Miami, FL we typically see new businesses getting rates under $28K/Year/Unit on the $1,000,000 Auto Liability and $100,000 Cargo with a Federal Filing from an A rated insurance carrier. This is assuming you have a valid Class A CDL, you don't have any claims, have less than 1 accident in the past 5 years, less than 1 major violation, and less than 3 minor violations in the past 5 years. This would come with financing payment plans as well. The majority of the time we can get 20%-25% on the down payment with 9-10 monthly payments. We are also not just limited to Progressive and we have insurance carriers that can also do new ventures with drivers with less than a year experience in the Auto Hauling and Hot-Shot Hauling sector. Our goal is to give you the best possible service and not waste your time so we make the insurance process streamlined so it is easy as possible. We hope to hear from you all soon! "Time is really the only capital that any human being has, and the only thing he can’t afford to lose." - Thomas Edison Tailored Insurance Group Transportation Specialists P: 801-618-5921 E: contact@tailoredis.com W: www.tailorediscom
Just subscribed. What kind of enclosed trailer you running? I'm out of NYC and looking to get an enclosed trailer 40" gooseneck with rail ryder system.
Thanks. I thought I was being screwed because I have a 3yr old DUI. Progressive gave me a 35k quote. Then told me I can either pay in full or 50% down and 50% in a month. Say that's the only payment terms for Florida.
Im cdl for over 10+ yrs driving locally thinking about changing into hotshot looking to leasing into a company as an owner operator so how I go into it Rene insurance wisely an can I run locally an make money I live south jersey ... Looking to buy my own dully trk an renting the step deck trailer to start let me know give me guidance I appreciate ur good info rene God bless u bro
Hey there Anthony I just subscribe to your Channel I'm in Florida also I do like your Channel I do have a few questions for you and one of your videos can you show your outfit know your truck and your trailer outside I also have been hotshotting here and there part-time just trying to get an idea what kind of outfit you're running I've always ran an open outfit thinking about changing up
Sounds like you have experience as a broker, so findings loads for you must be second nature. How would you recommend to a newcomer to find vehicle loads?
SBT... great intel and content. You are saving lots of new drivers expensive lessons just by sharing what you know. I appreciate it very much and I know others do as well. Is there a way I can email you with just a few questions I have?
I been driving for 3 years doubles and triples and combination but I'm really interested in hot shot trucking as a owner and operator my question to you my friend is how do u charge and how much can u make in a load
I have my truck and trailer, getting my CDL, insurance, permits, Dot, etc. where do I go to find the jobs needed, I am in MAine, not south Florida, my concern is getting work, thanks for your help.
I need your help. I'm starting with a 4 car hauler in Tennessee but I plan on moving to Florida. Preferably fort lauderdale/close to Miami but if not, Panama City. Your advice in if this is a good move and how to go about it. New CDL, NEW to the business in general but I'm motivated and ready to go. 40 years old, clean driving record.. I plan on getting my authority and book my own loads. Any advise is very welcomed
Would Miami/fort Lauderdale area be a good place to live doing this or would north Florida be better? And can I get going in Tennessee, insurance and all and leave it all set up here without moving the home base to Florida? And what's my potential income with a 4 car hauler and being home on weekends? I keep hearing Florida is a awful state for hotshoting but better for cars but that's where my wife and I want to live. Just nervous because I'm starting a business with no experience and moving a few months after. Trying to be as prepared for what to expect as possible
Jonathan, We think we can help find some better rates and coverage for you if you are still looking to get coverage for your business. Please feel free to contact us if you need anything - we are glad to help. Tailored Insurance Group Transportation Specialists P: 801-618-5921 E: contact@tailoredis.com W: www.tailorediscom
I’m confused if the commercial insurance coverage is a 1 million dollars why don’t that cover the cargo to why do we need cargo insurance when they already giving courage for a million dollars for commercial insurance
So I have had 2 driving on a suspended license. It’s been over a year since the last one. But is that going to cause my insurance to be super high and make it not worth doing hotshot? I’m 22 years old. Please and thank you
break the law till you get caught up. or have a wealthy daddy. the laws are set up to keep big business going and snuff out the lil guy trying to start up.
The insurance is another product you are forced to have by the government so they charge what they want. This is over regulated like crazy, and people actually think this is a free country.
Bro I really appreciated watching your video thank you
This has changed with progressive!!! They only require a down payment now, they went back to financing... I literally just got off the phone with them an hour ago as a brand new car hauler owner operator.
Is insurance actually that much though?? 40k a year?
Sorry to ask. You said 40k a year ? So if you make 150k in revenue a year its like 30% insurance.30% gas.10% maintenance..
I make about 250-350 a year
@@HotshotTruckingandTravel God bless you. Yes. If like that yes. The insurance not that high percentage. I was thinking to pack up to get in the business not now I will think again. Thank you men
I just started watching ur videos and let me tell u homie, u got the heart of a teacher, u really dont have to explain shit and you do it, defently "old school"
What I consider "A CLASS APART" person!
This almost made me change my mind about doing this
Much respect for sharing.
Best advice I’ve found yet!
Please explain to us if the insurance includes the truck insurance, and if not how does the truck insurance works? Does it has to be commercial? how does the registration works? Does it has to show more than 26000 pounds? Thank you
You have to pay that insurance every year man 40,000 then you have to pay for maintenance on your vehicle and all other stuff you have to pay for how do you make money doing that then somebody please explain to me I am lost
Like your video.! How much can you make in Florida only?
Love this video. You just earned a new subscriber.💯
Real Dade county G!!! keep up the good work brother
I just checked with Progressive and they quoted me $5030 a year. You all must have bad driving records.
what Insurance company did you go through?
Right
He’s literally recording a video while he’s driving.
they didn't quote you commercial TRUCKING insurance. its not the same as basic commercial. for hire is where it jumps to the extreme
@@nathan00campbell it is the same check the DOT
Awesome video man. Great motivation.
Quick couple of questions: looking to start out in the business. Retired from Army of 24 years in northern NY, got a ram 3500 dually,. Due to driving all kind of vehicles in the Army I was able to get my CDL-A with a waiver, just took the written test. I get asked how long have I had my CDL for, and I tell them a week but have been driving for the Army 24+ and they kind of back away a bit. Getting a quote on insurance has been a pain in the ass, I have the experience, hell I have the experience and then some in certain situations. How do I get around it? 2nd question - what is the benefits of having a broker on speed dial? Can they get me better loads nad manage my time better so I don't have down time and that I have loads lined up while I am delivering a load? 3rd and final question - What is the best way to find a load? What boards should I be looking at? Who should I be contacting? Is there somewhere I can look for Owner Operators looking to bring people on under their authority, just to get started?
I appreciate all of your time and efforts. Don't have a trailer right now, Money is a bit tight to purchase, get my LLC, my own authority, and insurance without going in the hole, and residing in NY does not help. Trying to find local dump truck driving for now. Thank you for all of your assistance, anything will help.
Safe travels
just imagine that $38000 if you keep it in your pocket or at least get half of it back by end of year ,
Man , love the info I get from you .... keep up the good work !
Very informative thanks for answering my question. If you don't mind answering another one. If I have my own truck and trailer what are the ins-and-outs of joining someone's operating Authority. Would it be more beneficial in your eyes working for someone like you first or trying to just break out as an owner operator. Thanks again Derek.
Hey bud, made the video👍
KICK ASS CHANNEL!!!
Im in Boston, progressive quoted me 40 this morning, i wanted to stick my head in an oven!! Should i shop around or bite the bullet?
2019 ram 3500 2019 gator 40ft w airide,
U the realist one in it
Thank you bud!
I've been transporting equipment and vehicles for years for people I know. I own my own trucks and trailers as well. I've been wanting to start my own company but the cost of insurance is just criminal I have a cdl and have never been in an accident but even so with the cost for a year I could buy a brand new Denali 3500. Doesn't seem to be a way for me to get in the door for a logical amount of money. I would need to immediately pull in 15k a month to not end up in the red. Do you have any tips for getting a better insurance cost? I still have a bit of hope left but each exorbitant quote slowly snuffs the life out of the desire to even enter the world of hotshotting.
Tailored Insurance Group
Transportation Specialists
P: 801-618-5921
E: contact@tailoredis.com
W: www.tailorediscom
When you get a quote, they ask for the trailer??
Hey man great video! Appreciate the information, I’m buying a 3500 and getting in the game. My brother has a business.
I have a 24 valve Cummings extra cab, a 48 ft dropdeck trailer and a 22ft heavy duty trailer all paid for. got the llc in process with all my permits in the works, but keep getting 35,000 $ insurance estimates. I'm a 2yrs class a driver with 16 in the towing industry...any ideas for cheaper coverage? and also, do I have to remove the bed of my truck to be of legal length with my 48 ft trailer?
I pay $15 725 with progressive
Just came across your channel... enjoying your material! You’re a cool dude!
Hey! Thanks for the videos. I appreciate the time you take to put them together and post them. I am doing preliminary work on getting a hot shot business going and haven't decided on freight or autos yet. Your videos add another thought to the puzzle. I like the idea of running an enclosed car hauler. I live in Utah. Any thoughts or suggestions on potential loads in the western half of the U.S. ? Just wondering if there is enough work to be profitable. Thanks and keep the videos coming.
Hey Desert Heat I am up here in Tremonton Looking to get started as well good to hear someone here in Utah is doing the same
Hey man what enclosed trailor do you use?Brand lenth,and gvwr?Thanks for the videos bro
We can help new Hot Shot Haulers and drivers get their insurance! We assist Auto Haulers like yourself as well. In Miami, FL we typically see new businesses getting rates under $28K/Year/Unit on the $1,000,000 Auto Liability and $100,000 Cargo with a Federal Filing from an A rated insurance carrier. This is assuming you have a valid Class A CDL, you don't have any claims, have less than 1 accident in the past 5 years, less than 1 major violation, and less than 3 minor violations in the past 5 years. This would come with financing payment plans as well. The majority of the time we can get 20%-25% on the down payment with 9-10 monthly payments. We are also not just limited to Progressive and we have insurance carriers that can also do new ventures with drivers with less than a year experience in the Auto Hauling and Hot-Shot Hauling sector.
Our goal is to give you the best possible service and not waste your time so we make the insurance process streamlined so it is easy as possible. We hope to hear from you all soon!
"Time is really the only capital that any human being has, and the only thing he can’t afford to lose." - Thomas Edison
Tailored Insurance Group
Transportation Specialists
P: 801-618-5921
E: contact@tailoredis.com
W: www.tailorediscom
Thanks for the info bro, Iive in Miami and trying to get started. What licensing do I need other than the dot#.
Why does Progressive ask if you will be hauling steel?
Location means everything!! I am 45 miles out of OKC, using my zipcode here saves me $10,000 a year!!!! I also have Progressive
do you have automobiles listed on your policy(car hauling)
love the honesty bro.. few if any channels like this
Really appreciate the feedback..... Thank you! -Rene Anthony Sbt
Here’s a new video answering some frequently asked questions:
th-cam.com/video/WCSVBcLn4Lk/w-d-xo.html
Just subscribed. What kind of enclosed trailer you running? I'm out of NYC and looking to get an enclosed trailer 40" gooseneck with rail ryder system.
Thanks. I thought I was being screwed because I have a 3yr old DUI. Progressive gave me a 35k quote. Then told me I can either pay in full or 50% down and 50% in a month. Say that's the only payment terms for Florida.
So how much of the 35k was needed up front ?
Im cdl for over 10+ yrs driving locally thinking about changing into hotshot looking to leasing into a company as an owner operator so how I go into it Rene insurance wisely an can I run locally an make money I live south jersey ...
Looking to buy my own dully trk an renting the step deck trailer to start let me know give me guidance I appreciate ur good info rene God bless u bro
Thanks man!..Oregon, on the road soon.
How many cars do by haul at 1 time .what size trailer is best to start with
New subscriber here from Texas looking to get my cdl and tdlr but I’m 18 would I get hired with no experience except a fright liner
Update?
It’s big freight coming out of Memphis Tennessee
You seem like an awesome dude. Binge watching your vids. Liked & subbed!
Hay can you do a video on getting your first truck/trailer
Hey there Anthony I just subscribe to your Channel I'm in Florida also I do like your Channel I do have a few questions for you and one of your videos can you show your outfit know your truck and your trailer outside I also have been hotshotting here and there part-time just trying to get an idea what kind of outfit you're running I've always ran an open outfit thinking about changing up
Hey bro or anyone that can answer this ??? how long does that payment cover as in when do you pay again or it is a one payment thing ??
How much capital should I start out with in this business? Are you allowed to take a passenger (and charge them; extra $$) for the ride?
What kind of truck are you driving? That sounds outrageous.
Sounds like you have experience as a broker, so findings loads for you must be second nature. How would you recommend to a newcomer to find vehicle loads?
SBT... great intel and content. You are saving lots of new drivers expensive lessons just by sharing what you know. I appreciate it very much and I know others do as well. Is there a way I can email you with just a few questions I have?
Good job on the videos! Been watching them. 👍👍
I been driving for 3 years doubles and triples and combination but I'm really interested in hot shot trucking as a owner and operator my question to you my friend is how do u charge and how much can u make in a load
I have my truck and trailer, getting my CDL, insurance, permits, Dot, etc. where do I go to find the jobs needed, I am in MAine, not south Florida, my concern is getting work, thanks for your help.
Does the vehicle you drive have to be a 4x4? Or would a 4x2 do just fine? Just trying to save a buck.
I have started a Transit van company can you please advise me on the type of insurance I need. I also live in Miami Florida... Thanks
Can u start hot shot at 16?
I need your help. I'm starting with a 4 car hauler in Tennessee but I plan on moving to Florida. Preferably fort lauderdale/close to Miami but if not, Panama City. Your advice in if this is a good move and how to go about it. New CDL, NEW to the business in general but I'm motivated and ready to go. 40 years old, clean driving record.. I plan on getting my authority and book my own loads. Any advise is very welcomed
Justin, what’s going on bud, I’ll be more than glad to help, what are some concerns you have?
Would Miami/fort Lauderdale area be a good place to live doing this or would north Florida be better? And can I get going in Tennessee, insurance and all and leave it all set up here without moving the home base to Florida? And what's my potential income with a 4 car hauler and being home on weekends? I keep hearing Florida is a awful state for hotshoting but better for cars but that's where my wife and I want to live. Just nervous because I'm starting a business with no experience and moving a few months after. Trying to be as prepared for what to expect as possible
Hey bud I’ll make a video on that for you post it
Awesome!! I appreciate it. Love your videos
Don't forget about me bro. I value your advise
progressive just quoted me 29850.15 no cargo coverage either
Yep, it's high...... Cargo will be another 5-7k
Jonathan,
We think we can help find some better rates and coverage for you if you are still looking to get coverage for your business.
Please feel free to contact us if you need anything - we are glad to help.
Tailored Insurance Group
Transportation Specialists
P: 801-618-5921
E: contact@tailoredis.com
W: www.tailorediscom
Hey bro. Would you recommend enclosed trailer over 3 car hauler. I'm trying to get started and was thinking about a 3 car hauler.
I’m confused if the commercial insurance coverage is a 1 million dollars why don’t that cover the cargo to why do we need cargo insurance when they already giving courage for a million dollars for commercial insurance
Just Nother way to get more money out of you
What’s the cheapest state for commercial insurance y’all?
How in the world am I gonna come up with 40k, that's almost the cost of the truck.
What about heath insurance? Do you carry a policy may I ask? That’s my dilemma on hot shot trucking thanks good video
As an independent contractor health insurance is the individuals responsibility to get a provider.
Can you get a free quote on insurance ?
Holy crap. Expensive.
This dude is lying, the insurance is paid monthly. He just wanted to sound right but he’s not.
Well seem like you Will need 100k to get started if you’re in Florida
So I have had 2 driving on a suspended license. It’s been over a year since the last one. But is that going to cause my insurance to be super high and make it not worth doing hotshot? I’m 22 years old. Please and thank you
😊
So besides mc and dot permits what other licenses do I need for the cargo
I am a subscriber. Great video, very helpful!
I want to be a broker and auto hauler carrier.
What do you suggest i do first, carrier or broker?
I am in California
$38,000 for insurance, and you have to pay it all in the first month of trading? How the hell does anybody get started in this business???
break the law till you get caught up. or have a wealthy daddy. the laws are set up to keep big business going and snuff out the lil guy trying to start up.
Great video new sub
Progressive wants 1 year with a DOT # before they will insure you
If you’ve had your cdl for ten years and they don’t know how much experience you have why is your insurance so much.
My parents live in Florida they say insurance in Florida is a joke even with a good record
Does an open trl. Work?
Progressive insurance doesn't care about your insurance???.... this video is kind of confusing....
I'm sorry if I'm loading up u comments section
What kind of truck I need?
How do I set up an LLC?
bryan schmid google it bro
Will do
For the cost of a new vehicle,trailer, and $40,000 insurance per year?! How could you possibly make anything??
You have to work 25 hours a day 8 days a week lol
Hire a driver and have another job while running the trucking business.
The insurance is another product you are forced to have by the government so they charge what they want. This is over regulated like crazy, and people actually think this is a free country.
What is the difference between Florida and Texas insurance?
I just got 2 quotes from progressive in Texas. $14K and $16K
@@davidpereira5576 how tf
That’s complete bullshit man $40,000 I never heard of that stop discouraging people bro peace
I just subscribe u vid is very helpful to me
Show your equipment some times !!
show you rig man
I have an insurance question. What’s your email?
youtube@southbeachtransport.com
Tailored Insurance Group
Transportation Specialists
P: 801-618-5921
E: contact@tailoredis.com
W: www.tailorediscom