I am planning to buy 2-4 years old RAM 3500 and used 5-car hauler trailer of Texas Pride or Kaufman. Where can I find the most appropriate priced ones? Please someone inform me.
Thank you for that you forgot to mention that when you open your new authority you have to open your fmcsa account with less than 10k on the weight, you can use your personal vehicle and when you spend the 3 or 6 month you change with fmcsa to 750k
@@georgewashington1106 different auto liability requirement to go active. Box trucks is above 10,001 GVWR which requires minimum 750k auto to go active. Cargo van or vehicles below 10,001 GVWR only requires 300k auto.
Hey Flash maybe you can help me with this one. Let’s say I do everything exactly as you described in this video and I use my 2008 beater pick up truck sitting in my garage to age my authority. My question is can I use my 2019 ram 3500 to lease on as a 1099 contractor with a carrier run under their DOT numbers and their insurance while I age my authority using the 2008 beater ? Then, after six months, drop the 08 from the insurance then add my ram to the insurance using my authority and go from there ?
Hello good morning, I hope you are very well, excellent content on your TH-cam channel, I have a question for you, I currently have my Dot number active, which will begin to operate intrastately in Texas, but my question is the following if I request the MC number I know that it takes approximately 20 to 25 to activate after sending the insurance policy, for approval, could I work locally while my authorization to leave interstate arrives since I would have my DOT active, or by making the report and requesting interstate operations would I no longer be able to work locally?
great info thnx............ however i would like to throw this out there............ you can call the local PD and ask if they have a DOT officer and if so get their number. typically they have to do so many inspection a month or 6 months to keep their certs thus you might have a better chance to get one.
Is it possible to do this strategy and work under someone elses authority at the same time? Or would we have to make our mc number inactive ? Which will defeat the entire purpose 🤔
Alot of the brokerages are at 90 days.. Our company went from 60 to 90 days. Also people dont realize the broker when they put your mc into the system they just check for negative comments and thats it... The compliance department is the one that sets you up in their system.
Are brokers able to see if you’re moving loads while you’re aging? I’ve gotten mixed opinions on this, someone told me that even if you artificially age your authority brokers can still see that you haven’t moved any loads and they treat you like a new authority!
Not really, some brokers will look you up on carrier source and other profiles for rating, which your company would be unrated, but the biggest thing they are going to see is authority time and vehicle inspections.
Ive been a broker for 7 years, we do not check that... Because our compliance just checks you're in compliance to work with us and as long as there is no negative comments we will let you run. People get it confused, there's the broker and then their compliance department who sets up carriers.
Planning to do exactly this. I just got my dot and mc today. I will be using a SUV I have to get the lowest insurance quote as possible in the meantime, but do I need a trailer with it to be able to be insured or it can be just the vehicle?
When calling insurance company to try and get the lowest quote in meantime, should I let them know I already have a LLC, MC and DOT set up for them to quote me or not?
@@jlovetheflash5371So at what point do you get a level 1 inspection on the actual tractor that you plan on adding to your Authority, while aging your Authority at the cheaper rate based on a pick up or whatever type of Suv commercial vehicle you chose to use initially? Hope this makes sense.
i talked to Progressive commercial insurance agent to get insurance but they told me that i gotta have Semi-truck. do you know any contacts or way what to tell the agent?
So to confirm by using this method you would need to get the level 1 inspection within the first 6 months of using your personal vehicle for insurance ? Or you would get it directly after the duration of aging the authority on the actual commercial vehicle ?
I have my personal vehicle register under my name, can I insure under my LLC name. Will that work? Or does the vehicle need to be register under the business for them to insure you?
You will be able to insure it under your company’s policy without issue, just keep a lease agreement from you to your company in your truck when hauling, For DOT
@@jlovetheflash5371 got it but does it matter to the insurance company? Spoke to a broker and they said the vehicle must be registered to my business in order to insure.
I read somewhere all new authorities and DOT # get audited in their first year . If your vehicle is not over 26,000 pounds, I heard they pull your authority do you know anything about it ?
@@luisavila8250 it’s the new entry audit, and every new DOT number goes through it, it is in the first 18 months. They definitely do not pull your DOT numbers, there are multiple companies that are commercial haulers, like mail carriers, medical supply runners, etc. that aren’t rated for anywhere close to 26k, but legally need DOT numbers
@ thanks for the information!!! Just recently came across your channel very informative and straight to the point. I’ve already subscribed with the notification bell on . Thanks
I am planning to buy 2-4 years old RAM 3500 and used 5-car hauler trailer of Texas Pride or Kaufman. Where can I find the most appropriate priced ones? Please someone inform me.
So, if I use my personal vehicle and its und the 10klbs will they try to check me for a ''HOS" logbook? ELD? and a dot med card? just any of the normal things they check for on a typical level 1 inspection. or is it a little different with a personal vehicle?
If you are over insured and bonded! Problem solved. Even being knew to the business. Most require $750,000.00 load insurance. Ewhich i would go $1,500,000.00 in coverage. Bonding of $1,000,000.00 by unemployment. Iif you need more bonding you need documentation by your employer proving why!
I think we are on two different pages. When booking loads brokers couldn't care less about your insurance coverages, as long as you meet their required minimums. They almost all have rules about active authority time. The FMCSA requires $750,000 in Auto Liability insurance and $100,000 in cargo insurance to active authority numbers. With how crazy insurance prices are for new authorities most people wont be able to afford being overinsured.
@@01spdrcr of course you can, you can follow every rule the audit requires, not every audit requires the same, there are companies that do local hauling, that don’t fall under the threshold for an ELD, or ifta, or IRP, every case is different. The audit requirements for a full blown OTR trucking company vs an SUV moving auto parts locally is going to differ.
I'm in trucking and family have been in the business for 50 plus years. Let's change up the JIM CROW "regulations" that divided the industry like most. We need to have the talk because the rates are still "color coded"
Need a Fuel card or Factoring? Click Below!
www.rtsinc.com/agent-company/...
Need a ELD? Click Below!
mbsy.co/3b3NZn
I am planning to buy 2-4 years old RAM 3500 and used 5-car hauler trailer of Texas Pride or Kaufman. Where can I find the most appropriate priced ones? Please someone inform me.
Thank you for that you forgot to mention that when you open your new authority you have to open your fmcsa account with less than 10k on the weight, you can use your personal vehicle and when you spend the 3 or 6 month you change with fmcsa to 750k
"...have to less than 10 weight..."?
I understand each of those words individually, but the order in which you arranged them makes no sense.
explain what that meant
@@georgewashington1106it has to be 10k or less on your DOT for personal vehicle to be insured
@@georgewashington1106 different auto liability requirement to go active. Box trucks is above 10,001 GVWR which requires minimum 750k auto to go active.
Cargo van or vehicles below 10,001 GVWR only requires 300k auto.
nice to know, mean u can keep your authority for the 6 month
Man, thank you so much, this was a great video and answered my question. Keep it up.
You such a nice and good guy. Love your videos. They are fast , to the point. Mahalo for the Alpha.
Great information!
Thank you bro. I needed to hear this. 🙌
Hey Flash maybe you can help me with this one. Let’s say I do everything exactly as you described in this video and I use my 2008 beater pick up truck sitting in my garage to age my authority. My question is can I use my 2019 ram 3500 to lease on as a 1099 contractor with a carrier run under their DOT numbers and their insurance while I age my authority using the 2008 beater ? Then, after six months, drop the 08 from the insurance then add my ram to the insurance using my authority and go from there ?
Genius!!! ❤❤ Great information
Hello good morning, I hope you are very well, excellent content on your TH-cam channel, I have a question for you, I currently have my Dot number active, which will begin to operate intrastately in Texas, but my question is the following if I request the MC number I know that it takes approximately 20 to 25 to activate after sending the insurance policy, for approval, could I work locally while my authorization to leave interstate arrives since I would have my DOT active, or by making the report and requesting interstate operations would I no longer be able to work locally?
great info thnx............ however i would like to throw this out there............ you can call the local PD and ask if they have a DOT officer and if so get their number. typically they have to do so many inspection a month or 6 months to keep their certs thus you might have a better chance to get one.
Great Video!
Preciate your insights. Thanks!
Is it possible to do this strategy and work under someone elses authority at the same time? Or would we have to make our mc number inactive ? Which will defeat the entire purpose 🤔
@@creditqueen23 My Dad started under someone else authority pulling off the load board. Then he moved his truck and trailer under his own authority.
This was great info. Thank you.
Alot of the brokerages are at 90 days.. Our company went from 60 to 90 days. Also people dont realize the broker when they put your mc into the system they just check for negative comments and thats it... The compliance department is the one that sets you up in their system.
@@Invertmini1212 Thanks!
I would love to be able to get into hotshot driving.
Did you get into yet?
Great video
Great idea, thank you so much!
Are brokers able to see if you’re moving loads while you’re aging? I’ve gotten mixed opinions on this, someone told me that even if you artificially age your authority brokers can still see that you haven’t moved any loads and they treat you like a new authority!
Not really, some brokers will look you up on carrier source and other profiles for rating, which your company would be unrated, but the biggest thing they are going to see is authority time and vehicle inspections.
Ive been a broker for 7 years, we do not check that... Because our compliance just checks you're in compliance to work with us and as long as there is no negative comments we will let you run. People get it confused, there's the broker and then their compliance department who sets up carriers.
Planning to do exactly this. I just got my dot and mc today. I will be using a SUV I have to get the lowest insurance quote as possible in the meantime, but do I need a trailer with it to be able to be insured or it can be just the vehicle?
It can just be the vehicle
When calling insurance company to try and get the lowest quote in meantime, should I let them know I already have a LLC, MC and DOT set up for them to quote me or not?
@@jlovetheflash5371So at what point do you get a level 1 inspection on the actual tractor that you plan on adding to your Authority, while aging your Authority at the cheaper rate based on a pick up or whatever type of Suv commercial vehicle you chose to use initially? Hope this makes sense.
Hello Guys, just brought my first semi truck, i need to know if I can lease it under a company while I’m aging my new authority with my personal car….
I have same question ...have got any info please @@lakaymusicgroup9229
i talked to Progressive commercial insurance agent to get insurance but they told me that i gotta have Semi-truck. do you know any contacts or way what to tell the agent?
Would this work for a day cab ?
How much is that small truck insurance cost do you think? About.
Oh, you just mentioned it, $100-$200 , maybe. Thx
Can you build time on your DLT number as a private company not for hire
So to confirm by using this method you would need to get the level 1 inspection within the first 6 months of using your personal vehicle for insurance ? Or you would get it directly after the duration of aging the authority on the actual commercial vehicle ?
I have my personal vehicle register under my name, can I insure under my LLC name. Will that work?
Or does the vehicle need to be register under the business for them to insure you?
You will be able to insure it under your company’s policy without issue, just keep a lease agreement from you to your company in your truck when hauling, For DOT
@@jlovetheflash5371 got it but does it matter to the insurance company?
Spoke to a broker and they said the vehicle must be registered to my business in order to insure.
Did you know that Flashlove is a nonprofit organization out of Portland Oregon with the same exact logo?
@@Electricbrew you have got to be kidding, send me a link
@@Electricbrew I found them, the logo seems to be pretty different
@@jlovetheflash5371 yea you are right but they both got the lighting bolt lol
I read somewhere all new authorities and DOT # get audited in their first year . If your vehicle is not over 26,000 pounds, I heard they pull your authority do you know anything about it ?
@@luisavila8250 it’s the new entry audit, and every new DOT number goes through it, it is in the first 18 months. They definitely do not pull your DOT numbers, there are multiple companies that are commercial haulers, like mail carriers, medical supply runners, etc. that aren’t rated for anywhere close to 26k, but legally need DOT numbers
@ thanks for the information!!! Just recently came across your channel very informative and straight to the point. I’ve already subscribed with the notification bell on . Thanks
I am planning to buy 2-4 years old RAM 3500 and used 5-car hauler trailer of Texas Pride or Kaufman. Where can I find the most appropriate priced ones? Please someone inform me.
So, if I use my personal vehicle and its und the 10klbs will they try to check me for a ''HOS" logbook? ELD? and a dot med card? just any of the normal things they check for on a typical level 1 inspection. or is it a little different with a personal vehicle?
If you are over insured and bonded!
Problem solved. Even being knew to the business.
Most require $750,000.00 load insurance.
Ewhich i would go $1,500,000.00 in coverage.
Bonding of $1,000,000.00 by unemployment.
Iif you need more bonding you need documentation by your employer proving why!
I think we are on two different pages. When booking loads brokers couldn't care less about your insurance coverages, as long as you meet their required minimums. They almost all have rules about active authority time. The FMCSA requires $750,000 in Auto Liability insurance and $100,000 in cargo insurance to active authority numbers. With how crazy insurance prices are for new authorities most people wont be able to afford being overinsured.
What are the qualifications for leasing to y’all?
According to fmcsa carrier are considered new entrants for first 18 months
Yep that is correct, and during that time you will have a new entrant audit.
@jlovetheflash5371 you can't pass the audit if all your info is plugged to a daily driver car.
@@01spdrcr of course you can, you can follow every rule the audit requires, not every audit requires the same, there are companies that do local hauling, that don’t fall under the threshold for an ELD, or ifta, or IRP, every case is different. The audit requirements for a full blown OTR trucking company vs an SUV moving auto parts locally is going to differ.
Hey bro. How do they calculate the age of authority?
Mine is active just don’t know the exact months/weeks old.
How much are you paying for the insurance?
@@Donjon-g4k I got quoted for about 2k for the 1 mil auto.
Can i reactivate a 10 yr old MC # (whereby i already ran a class 8 truck), the same way using a pick-up truck?
T4TV'S
Are you saying to activate ur MC# which costs $10 to $20k just to age an mc#. Who are you thinking will pay out $1500 a month.
Thx 4 the vid
No, I would probably give the video another watch
Why is it I’m not hearing this too well… low volume?
Can I use any vehicle or it have to be a pickup truck
You can use any vehicle
@@jlovetheflash5371what if the vehicle isn’t registered to me or it’s my cousins vehicle?
@@hakimmuhammad6945 it won’t make a difference
@@jlovetheflash5371thank you
progressive said i could put my truck on commercial policy but not my cat because it is not labeled a commercial vehicle
Tried to do that. Didn’t work
They won't give you a level 1 inspection just because you ask from my experiance
I'm in trucking and family have been in the business for 50 plus years. Let's change up the JIM CROW "regulations" that divided the industry like most. We need to have the talk because the rates are still "color coded"
Wow really?? How is that even done?
With all that your insurance must be outragous
All of these slick preparations sound fine and good, only to get out there to garbage rates. All in vain.
Who don’t know this smh
Fraud !