I'm so grateful I ran across this video. I'm new to the trucking business and have been researching lots of different things. This is the most informative video I've watched. You get straight to the point and share FACTS! You covered so many things in this one video. I've learned more from you in 20 minutes than I've learned from others in weeks. Thanks so much!
Mizer, I've learned more from you in 3 days, about the hotshot industry, than I have in 7 months on hotshot FB and forum groups.. lol Thank you for that. I've definitely hit that bell. I've been in I.T. industry for 25+ yrs, and I'm burnt out. Grew up on 6500ac farmland, love trucking (my dad did it for yrs) and I'm in the middle of getting my ducks in a row to join the ranks here. I appreciate your (and others here, like TP) informative insights into the field.
Geriatric Ginger that’s awesome man, thank you!! The more you research this, the less it hurts once you’re in lol. There’s always a learning curve. Some days even my best advice won’t work for my own self 🤣. This industry is just as much knowing what to do as it is right place - right time/luck. When they all fall in place it’s fantastic. When they don’t you just adjust. It’s always evolving. 👍👍
For any new truckers business owners out there or any body of thinking into starting a trucking business. The best company to start with is Progressive because they go by your credit and not your driving experience or years in business. Especially those that don't have that much experience driving. Progressive is King for new trucking business owners if you have a good credit. Also if you add your home insurance and your vehicle to Progressive. The cheaper your commercial insurance goes down. Just fyi.
I live in Florida. I’m about to start my hotshot company. I spoke with progressive today and they gave me a quote on a policy. It was $24,400 for the year. I almost had a heart attack.I have seen places advertising on the Internet that you can be anywhere from $8000 to $14,000 a year but no where I seen it was over $24,000. I have one accident for an improper turn this year. She said that only affected the policy by $1000 a year. I have absolutely no clue why it would be this much. Everybody says progressive is a good way to go I just don’t know about that. Tomorrow I plan on calling the lady from this TH-cam video and some other insurance companies.
We’ve been in the business for two years now and the insurance we have puts alot of caps in our drivers takes forever to verify driver’s we have to be constantly on their ass### thanks for the info was very refreshing
Alpharetta!? I live in Cumming and work over in Gainesville for a company called Benton and Parker. We’ve been specializing in trucking insurance for 30+ years. Small world!! Loved the video btw.
Lots of good information! Couple of add ons that may help people: beware in the physical damage and find out the towing limits on your policy. We have seen people get stuck with HUGE towing bills because they didn't realize they bought a policy with a low towing limit. A few other items to consider are radius, classification (ie hotshot, gen freight, auto hauler), ELD discounts, and cameras are a MUST. Something to consider when growing is Workers Comp or Occupational Accident policies. In trucking insurance class we were taught that if you are running with high Uninsured Motorist and you have a claim, this could hurt you in the long run instead of having insurance elsewhere to cover this. How could it hurt you? Big claims on loss runs. That's where Occ Acc, work comp, OR even Uninsured Motorist on your personal policy could cover you instead. This is certainly something to discuss with your agent and not take TH-cam advice on though! Everyone's situation is a little different. Last TIP - did you know you can fight bad info on your MC number? Those DOT officers make mistakes all the time. A good trucking insurance agent should be able to help you with that. Stay safe out there, and thank you to everyone keeping our economy going through this pandemic. Y'all are heroes!
Thank you so much!! Please keep putting out videos the way you are. No one else is dropping knowledge and breaking it down the way you do. I am in the process of starting my non-cdl hotshot company and this was very helpful.
Im owner op for a year now based in NJ thinking about my authority but scared little about insurance price , I have cdl for 7 years now and over 35 year old with good credit no violations hopefully insurance won't kill me . Good information thank you 👍🏼
That's good information. Been trucking for 20+ years and many people getting in don't understand how this business really works and why some companies can't hire them. Because the insurance company has always had the say on who gets hired.
I know thats right i got a cdl 20 years ago and could not get hired anywhere i hear some people on here that been in prison for years and start a trucking company i dont envy them for turning their life around thats great its been almost 20 years since i been in any trouble its very very hard dealing with insurance companies they dont want to give anyone a chance to even get started and grow its more money for them they are the hardest people to deal with man they expect the world almost impossible but if a felon with bad credit can start a trucking company so can you just have to try much harder theres a way
Great video, Mr LM. I gotta say.....I was on the phone for over 30 minutes last week with a rep for Progressive Insurance (that's who my CURRENT company works with in the secondary market....like boat and RV and commercial). I was SHOCKED by the prices quoted. Makes me wonder if during all the talking I didn't check off too many boxes or something. Anyway....told her I'd think about it, lol. Anyway, today I did one of the online quote things which SUPPOSEDLY is being sent to 3 companies for bids....and the initial 'estimated' quote was about 1/3 the price I'd heard from Progressive. Which makes me wonder if not enough boxes had been checked off. BUT. The online quote was way doable. Your video is helping me to ensure that I DO have all the coverage I'll need. I DO know that Limit of Liability, Uninsured/Underinsured, Medical Payments, Cargo, and Physical Damage were included in the online quote I saw. Seems like I'm missing a couple more, but I'll double-check. Hopefully I DO get a quote at least ballpark to the one I saw online. But. It's a website and company from a mailing I received.....so let the buyer beware! Fingers crossed! Need the insurance and the BOC-3 before I'm active. Jesus, you weren't joking when you said that once you apply for a USDOT/MC number that your freaking phone AND mailbox would be blowing up!
Man they’ll kill your phone battery in a few hours haha. I’d definitely make sure you get the coverages you want in place but yes shopping around is a very good way to save. Big time.
Hello Mizer, You do great work covering all aspects of the trucking industry. The supply chain in America is so vital to our way of life. Rates continue to rise when it comes to cargo insurance and insurance agencies are cutting back on what commodities they'll cover. I work for a company called Loadsure. I'd love to talk to you about what we do and the industry as a whole. Thank you!
As a trucking insurance agent I can most definitely agree with everything you said. It is true Progressive is so easy to work with if drivers and company owners have truck and trailer info, driver info, business information, and coverages then we can get you a quote in as little as 20 minutes, reason being is Progressive doesn't require for us to provide loss runs or MVR's and yes it's usually more expensive for new ventures depending on driving record, CDL experience, and credit but they're an A rated company and brokers love them and you're guaranteed a load.
Hey Joel it’s Major with Major Transport Services. I just got my own Authority yesterday and waiting for the 21 day clearance to start operating. I also found a great insurance company to cover my commercial side of things but what I was wondering is this, when you put down what state you will be operating in, are those the only states you can actually be in period with a load or can I go through other states with the Load, say to just visit someone. say I have a load on my back that’s not ready to unload for a couple days and decided while close by a family’s place the next state over that’s not covered on my policy bbwouldn’t be returning the load until a couple of days later so I decide to hang out at a friends house. Would I be allowed to be there with that load ?
@@majortransportservices Hey! So it all depends what radius you put when you bind that policy... typical amount is 500-unlimited depending on insurance carriers. So you would have to go based off that... and even then if you go like 50-100 miles over that radius and then get into an accident you would still most likely be covered. Hope that cleared it up for you! Definitely reach out to your Agent and ask what your current radius is And you'll be able to know from there.
Thanks so much brother !! Yea bc progressive just told me 33,000.00 😡 I’m looking for other options . No wonder we’re short drivers 🙄 these people are ducking crooks !
Im in the process of shopping for insurance but here in fl is crazy right now, my annually quote was 45,198 with progressive and 10k down payment. I will get in contact with Deb and hopefully she will be able to get a better rate . If you live in Florida be ready to pay a very high rate for insurance . I have no tickets no accidents credit score 677 . It’s just insane
Alcorn insurance is GREAT!!! Tell them Green Logistics Inc referred u. I don’t get shit I just want to refer folks to a great insurance comp and I told them that I would!! Be safe folks!!✌🏽✌🏽
How can you add your personal auto? If the agent ask you the make and model of your vehicle and you give them a car, will that disqualify you from getting commercial insurance? Im thinking they want you to have a commercial vehicle.
Mannn, thank you so much for taking the time to put this together. It helped clarify a lot of info I’ve been getting. I just bought my first truck and for the auto portion I was quoted $22k. About had a stroke! Lol. Stay safe out there! Thanks again!
What you said about aging your MC (that is what some companies do to get better deals later on) - I am doing quotes with A rated insurance companies and many of them are not accepting vehicle below class 8 and even class 6, so it’s good to do that only with the truck that is not 20 years old. Also you CANT drive with a minimum AL you can only wait until you age your MC number enough to upgrade to 1M AL
Sorry for many comments but everything affects your rate. CDL should be at least 2 years old, Radius of operation, clean MVR, not as many inspections, age of the Units, load that you are hauling, if you had any loss runs, IFTAs. That also affects your rating score. The real struggle is to find a driver with more than a year of experience in commercial driving. Progressive is good because their limitations are low, everyone with a bare minimum of experience can get insured.
Hey man thanks again for another great video. I love all the details! Very informative. I probably gain the most info from watching your videos and it all seems to be accurate too. Keep it up!
I am looking to change my insurance. No other insurance willing to take me on midterm. If I cancel my current policy, how long before fsmca cancel my authority?
I just ran across your video and you said you can put insurance on a auto but you didn't say should you put it own as a business or just personal. Can you help me understand. Thanks
Hi Mizer, thank you for the info, I reached out to Deb and she is great. I'm starting a new authority and my son is the expert while I'm going through CDL training next month and we know what we want for a truck and how we'll start. She is breaking down my current quote and making a few modifications. It's been great hearing from all you great Driver's sharing your experience and knowledge. I know it's not going to be easy but it's going to be fun because that's just the way I roll! Thank You!
Great informations. Don't forget supplemental towing and clean up,cost only $40 ..for additional 50K regular policy only covers 10k. Big two truck to recover anything from mountains is way more then 10k ..I understand in GA you don't have mountains, traveling to Tenese
I just called Deb I hope I get a good quote I am only needing insurance to get my mc active I told her that you referred us thanks your videos have defiantly helped guide us thru this whole process
Would you be able to make a video as to how you went trough the process of getting commercial insurance on your car to age your MC number. I’m trying to do this so I can start aging my number while I still shop around for the right equipment any advice you can give me I would greatly appreciate it! Love the content new to the channel 💯
Hey man welcome to the channel. It wouldn’t necessarily require a video. You’d just open a policy on a car you have with liability only, no cargo insurance. That’s all you need to keep a mc active.
Actually you need MTC, AL and PD coverage that is a MUST to activate your MC number. Others are not as important but it’s good to have it but the problem is - the business is now in a bad place, rates are high and even if the quote is amazing many people struggle with down payment
You definitely got some good info!! I’m trying to get into CDL school now and once I’m done, I’m kicking the idea around on either running flatbed to get the experience or try hotshot. I would like to do car hauling hotshot at some point on my own. Definitely keep up the good info videos sir!!
great information, but is it the insurance will ask the information for your semi truck? You said you can age you MC with a regular car at home with the proper coverage
Great information. Insurance us always one of those things that no-one tells you the truth, always a hidden secret! It’s like trying to get information from the DMV/MVC. Just a waste 😂
One thing you discussed was the younger ages 21, 35 that can affect a quote. What about the other end of the spectrum; at what higher age groups do insurance companies refuse to insure? I see some drivers that are well past the spring chicken age group.
Hey man, thanks for this. I never knew I could use my personal car to age my MC. I am looking to age for at least 3 to 6 months. Probably the cheaper route.
Question time: If I start my Com Ins with my paid off vehicle with the 750k liability, and get my MC, my MC will go active and age as well as me being able to buy my truck and Trailer when appropriate and just update it to the proper amounts and coverage before I call brokers to book loads? Just got a quote through progressive and its 350/mo. Thats cheaper than the 900 dollar truck payment, 200 trailer payment, and 1700 dollar insurance payment for the month (21 days) that I am unable to use it to make money.... lol and if I wait 30 days, Ill be able to get accepted for more loads, right? Thanks for shedding light on this as I thought about this as being an option buy was unsure if it was "legal" Keep up the great content!
That’s exactly right. Just make sure the scheduled autos page shows your truck and trailer as insured and at that point go ahead and drop the truck you were using before and you’ll be golden. 👍
You should always go with a broker. Because they’re able to shop around for the best rate for you. All the major companies screw you over, and you get rate increases every year. Stick with a broker trust me!
Hello Man! Thank you for your video! I just opened my DOT and MC number, got my BOC-3, and to do my authority active I need only get a insurance. I didn't even think that I can get it on my own little car. But weight of my car is around 4000 lbs - is it a problem for FMCSA? So... I can make my authority active if I just will get my auto liability insurance for 750.000$ coverage on my car without buying a truck? Do I need any other insurances to make my authority active? Or are there some other insurances you can recommend me for building my good record? Thank you Man!
@@LoadMizer Thank you for answering! I called today to many different insurance companies. My application applied only progressive because my CDL is new. Could you please recommend some other insurance companies for a new CDL driver? Thank You!
@@artemkroshkin196 did you find any other insurance companies accepting new cdl drivers? Progressive quoted me 27k a year and there's no way I can swing that
Dammit! I had s temporary suspension for 2 days for FTA. I rebutted all actions against me with all agency’s involved. I will have to show the the prospective insurance agency my dmv report to see if disqualifies me prior to purchasing any equipment.
![ILLSLICK - THE KING'S LANDING [Freestyle]](http://i.ytimg.com/vi/feIJJnNkTfk/mqdefault.jpg)
I'm so grateful I ran across this video. I'm new to the trucking business and have been researching lots of different things. This is the most informative video I've watched. You get straight to the point and share FACTS! You covered so many things in this one video. I've learned more from you in 20 minutes than I've learned from others in weeks. Thanks so much!
😂😂💪💪💪🤲🏾🤲🏾🤲🏾
No drama, no BS, just excellent content. Great video and information.
Glen Hendricks thank you sir! 👍👍
Mizer, I've learned more from you in 3 days, about the hotshot industry, than I have in 7 months on hotshot FB and forum groups.. lol Thank you for that. I've definitely hit that bell.
I've been in I.T. industry for 25+ yrs, and I'm burnt out. Grew up on 6500ac farmland, love trucking (my dad did it for yrs) and I'm in the middle of getting my ducks in a row to join the ranks here. I appreciate your (and others here, like TP) informative insights into the field.
Geriatric Ginger that’s awesome man, thank you!! The more you research this, the less it hurts once you’re in lol. There’s always a learning curve. Some days even my best advice won’t work for my own self 🤣. This industry is just as much knowing what to do as it is right place - right time/luck. When they all fall in place it’s fantastic. When they don’t you just adjust. It’s always evolving. 👍👍
Deb is a A VERY brave Soul !! God bless Her for putting Herself out there like this !!!! I don't think She has
any idea what is coming Her way !!!
For any new truckers business owners out there or any body of thinking into starting a trucking business. The best company to start with is Progressive because they go by your credit and not your driving experience or years in business. Especially those that don't have that much experience driving. Progressive is King for new trucking business owners if you have a good credit. Also if you add your home insurance and your vehicle to Progressive. The cheaper your commercial insurance goes down. Just fyi.
Progressive doesn't take new ventures anymore
Not for Florida
Yep progressive does take new ventures but State Farm doesn’t
Progressive dosent take new venture same
Bristol, and many more
I live in Florida. I’m about to start my hotshot company. I spoke with progressive today and they gave me a quote on a policy. It was $24,400 for the year. I almost had a heart attack.I have seen places advertising on the Internet that you can be anywhere from $8000 to $14,000 a year but no where I seen it was over $24,000. I have one accident for an improper turn this year. She said that only affected the policy by $1000 a year. I have absolutely no clue why it would be this much. Everybody says progressive is a good way to go I just don’t know about that. Tomorrow I plan on calling the lady from this TH-cam video and some other insurance companies.
Thanks Bro for picking Debs mind. Thanks to all the Debs out there willing to take the time to explain it to a high school drop out like me
We’ve been in the business for two years now and the insurance we have puts alot of caps in our drivers takes forever to verify driver’s we have to be constantly on their ass### thanks for the info was very refreshing
Alpharetta!? I live in Cumming and work over in Gainesville for a company called Benton and Parker. We’ve been specializing in trucking insurance for 30+ years. Small world!! Loved the video btw.
Lots of good information! Couple of add ons that may help people: beware in the physical damage and find out the towing limits on your policy. We have seen people get stuck with HUGE towing bills because they didn't realize they bought a policy with a low towing limit. A few other items to consider are radius, classification (ie hotshot, gen freight, auto hauler), ELD discounts, and cameras are a MUST. Something to consider when growing is Workers Comp or Occupational Accident policies. In trucking insurance class we were taught that if you are running with high Uninsured Motorist and you have a claim, this could hurt you in the long run instead of having insurance elsewhere to cover this. How could it hurt you? Big claims on loss runs. That's where Occ Acc, work comp, OR even Uninsured Motorist on your personal policy could cover you instead. This is certainly something to discuss with your agent and not take TH-cam advice on though! Everyone's situation is a little different. Last TIP - did you know you can fight bad info on your MC number? Those DOT officers make mistakes all the time. A good trucking insurance agent should be able to help you with that. Stay safe out there, and thank you to everyone keeping our economy going through this pandemic. Y'all are heroes!
Great point 👍
Thank you so much!! Please keep putting out videos the way you are. No one else is dropping knowledge and breaking it down the way you do. I am in the process of starting my non-cdl hotshot company and this was very helpful.
Im owner op for a year now based in NJ thinking about my authority but scared little about insurance price , I have cdl for 7 years now and over 35 year old with good credit no violations hopefully insurance won't kill me . Good information thank you 👍🏼
That's good information. Been trucking for 20+ years and many people getting in don't understand how this business really works and why some companies can't hire them. Because the insurance company has always had the say on who gets hired.
Neal Moss they definitely tip the scale. People don’t realize how much they “cost” a company if they don’t keep their license and CSA score clean.
I know thats right i got a cdl 20 years ago and could not get hired anywhere i hear some people on here that been in prison for years and start a trucking company i dont envy them for turning their life around thats great its been almost 20 years since i been in any trouble its very very hard dealing with insurance companies they dont want to give anyone a chance to even get started and grow its more money for them they are the hardest people to deal with man they expect the world almost impossible but if a felon with bad credit can start a trucking company so can you just have to try much harder theres a way
Great video, Mr LM. I gotta say.....I was on the phone for over 30 minutes last week with a rep for Progressive Insurance (that's who my CURRENT company works with in the secondary market....like boat and RV and commercial). I was SHOCKED by the prices quoted. Makes me wonder if during all the talking I didn't check off too many boxes or something. Anyway....told her I'd think about it, lol. Anyway, today I did one of the online quote things which SUPPOSEDLY is being sent to 3 companies for bids....and the initial 'estimated' quote was about 1/3 the price I'd heard from Progressive. Which makes me wonder if not enough boxes had been checked off. BUT. The online quote was way doable. Your video is helping me to ensure that I DO have all the coverage I'll need. I DO know that Limit of Liability, Uninsured/Underinsured, Medical Payments, Cargo, and Physical Damage were included in the online quote I saw. Seems like I'm missing a couple more, but I'll double-check. Hopefully I DO get a quote at least ballpark to the one I saw online. But. It's a website and company from a mailing I received.....so let the buyer beware! Fingers crossed! Need the insurance and the BOC-3 before I'm active. Jesus, you weren't joking when you said that once you apply for a USDOT/MC number that your freaking phone AND mailbox would be blowing up!
Man they’ll kill your phone battery in a few hours haha. I’d definitely make sure you get the coverages you want in place but yes shopping around is a very good way to save. Big time.
Hello Mizer,
You do great work covering all aspects of the trucking industry. The supply chain in America is so vital to our way of life. Rates continue to rise when it comes to cargo insurance and insurance agencies are cutting back on what commodities they'll cover. I work for a company called Loadsure. I'd love to talk to you about what we do and the industry as a whole. Thank you!
This is exactly the kind of information I am looking for. Keep producing this kind of videos, please.
That’s good to hear🙌 more on the way!!
I need help with insurance please, progressive is putting me out of business
Bad ass I hope she gave you a sweet price on your insurance!!! Thanks bud !!! Sincerely from all the Rookies 🤘🏻🤘🏻🤘🏻🤘🏻
Did you even sleep? Just talked to you 5hrs ago and now you have another excellent vid out. Good Job.
Very informative.
Haha yeah man I had this vid scheduled to drop. Didn’t want to throw it down near midnight and have people miss it. 👍👍
As a trucking insurance agent I can most definitely agree with everything you said. It is true Progressive is so easy to work with if drivers and company owners have truck and trailer info, driver info, business information, and coverages then we can get you a quote in as little as 20 minutes, reason being is Progressive doesn't require for us to provide loss runs or MVR's and yes it's usually more expensive for new ventures depending on driving record, CDL experience, and credit but they're an A rated company and brokers love them and you're guaranteed a load.
Thank you for verifying that! 👍👍
Hey Joel it’s Major with Major Transport Services. I just got my own Authority yesterday and waiting for the 21 day clearance to start operating. I also found a great insurance company to cover my commercial side of things but what I was wondering is this, when you put down what state you will be operating in, are those the only states you can actually be in period with a load or can I go through other states with the Load, say to just visit someone. say I have a load on my back that’s not ready to unload for a couple days and decided while close by a family’s place the next state over that’s not covered on my policy bbwouldn’t be returning the load until a couple of days later so I decide to hang out at a friends house. Would I be allowed to be there with that load ?
@@majortransportservices Hey!
So it all depends what radius you put when you bind that policy... typical amount is 500-unlimited depending on insurance carriers. So you would have to go based off that... and even then if you go like 50-100 miles over that radius and then get into an accident you would still most likely be covered. Hope that cleared it up for you! Definitely reach out to your Agent and ask what your current radius is And you'll be able to know from there.
@@joelnicholson8606 Awesome! thx for the dope info bro. I def understand now. od bless you
Thanks so much brother !! Yea bc progressive just told me 33,000.00 😡 I’m looking for other options . No wonder we’re short drivers 🙄 these people are ducking crooks !
Thank you for doing this it helped me and so many people! You really did your homework!
Been writing tow trucks for the last year, great video driver!!!!
Thanks for your volunteering and helping us
Im in the process of shopping for insurance but here in fl is crazy right now, my annually quote was 45,198 with progressive and 10k down payment. I will get in contact with Deb and hopefully she will be able to get a better rate . If you live in Florida be ready to pay a very high rate for insurance . I have no tickets no accidents credit score 677 . It’s just insane
Thanks for the info...between you and TP, getting some of the best info on the industry on these channels.
Thanks man! More to come do definitely stick around! 👍👍
This vid was BIBLICAL thanks for the heads up💯💯💯
Awesome ! Can’t say enough about how good this channel is! Thank you!
Jason's Outdoor Channel thanks buddy! I’ve got a lot more on the way man. 👍👍👍
Very helpful. I learned a few new things I didn't know after a couple years researching everything about trucking. Thank you.
Alcorn insurance is GREAT!!! Tell them Green Logistics Inc referred u. I don’t get shit I just want to refer folks to a great insurance comp and I told them that I would!! Be safe folks!!✌🏽✌🏽
What state are they from?
@@richardr2362 Illinois
Progressive is not the only one that gives you the best quotes that Not always true depends on what state you’re in
Great information thank. Especially about adding a vehicle to age your policy.
Thank you so much, you explain better than most insurance agents
Now that’s a compliment! Lol 👍👍
How can you add your personal auto? If the agent ask you the make and model of your vehicle and you give them a car, will that disqualify you from getting commercial insurance? Im thinking they want you to have a commercial vehicle.
Mannn, thank you so much for taking the time to put this together. It helped clarify a lot of info I’ve been getting. I just bought my first truck and for the auto portion I was quoted $22k. About had a stroke! Lol. Stay safe out there! Thanks again!
What you said about aging your MC (that is what some companies do to get better deals later on) - I am doing quotes with A rated insurance companies and many of them are not accepting vehicle below class 8 and even class 6, so it’s good to do that only with the truck that is not 20 years old. Also you CANT drive with a minimum AL you can only wait until you age your MC number enough to upgrade to 1M AL
Along with the list of most difficult states to issue a policy in, was there a list of easiest states?
Sorry for many comments but everything affects your rate. CDL should be at least 2 years old, Radius of operation, clean MVR, not as many inspections, age of the Units, load that you are hauling, if you had any loss runs, IFTAs. That also affects your rating score. The real struggle is to find a driver with more than a year of experience in commercial driving. Progressive is good because their limitations are low, everyone with a bare minimum of experience can get insured.
Great video man going to make a similar thank you for the info
Thanks man! I’ve been debating remaking it to knock off the whole “I’m stuck in a hotel vibe” 🤣
@@LoadMizer 😂🤣😂👍🏻
Hey man thanks again for another great video. I love all the details! Very informative. I probably gain the most info from watching your videos and it all seems to be accurate too. Keep it up!
I am looking to change my insurance. No other insurance willing to take me on midterm. If I cancel my current policy, how long before fsmca cancel my authority?
I just ran across your video and you said you can put insurance on a auto but you didn't say should you put it own as a business or just personal. Can you help me understand. Thanks
This video is straight up 🔥 Good lookin out my dude. This answered a lot of questions. Even ones I didn't know I had. Love the "aging" hack!
BLESS UP FOR SHARING THIS WEALTH OF INFO
What exactly did you mean when you said you got your commercial insurance using your old car
Hi Mizer, thank you for the info, I reached out to Deb and she is great. I'm starting a new authority and my son is the expert while I'm going through CDL training next month and we know what we want for a truck and how we'll start. She is breaking down my current quote and making a few modifications. It's been great hearing from all you great Driver's sharing your experience and knowledge. I know it's not going to be easy but it's going to be fun because that's just the way I roll! Thank You!
That’s awesome! Good luck to you and keep grinding!! 👍👍
Yep. You were right..... THE insurance video. Thanks for the in depth info!
Hey man, really, thank you for this video. This was really helpful cause I was really worried about that aging period on my mc. Kudos to you
Great informations. Don't forget supplemental towing and clean up,cost only $40 ..for additional 50K regular policy only covers 10k. Big two truck to recover anything from mountains is way more then 10k ..I understand in GA you don't have mountains, traveling to Tenese
I just called Deb I hope I get a good quote I am only needing insurance to get my mc active I told her that you referred us thanks your videos have defiantly helped guide us thru this whole process
That’s awesome man!
for the Rv haulers (towing the trailer wheels on the ground) cargo coverage does not cover the trailer itself. don't been scammed into that.
That’s considered tow away and would need trailer interchange coverage. Any power only requires that.
Would you be able to make a video as to how you went trough the process of getting commercial insurance on your car to age your MC number. I’m trying to do this so I can start aging my number while I still shop around for the right equipment any advice you can give me I would greatly appreciate it! Love the content new to the channel 💯
Hey man welcome to the channel. It wouldn’t necessarily require a video. You’d just open a policy on a car you have with liability only, no cargo insurance. That’s all you need to keep a mc active.
Actually you need MTC, AL and PD coverage that is a MUST to activate your MC number. Others are not as important but it’s good to have it but the problem is - the business is now in a bad place, rates are high and even if the quote is amazing many people struggle with down payment
Woo some great information been on you tube for awhile but this tops it all once again thanks
What do you mean by less than desirable by shippers and brokers? Are you referring to RRG insurance?
You definitely got some good info!! I’m trying to get into CDL school now and once I’m done, I’m kicking the idea around on either running flatbed to get the experience or try hotshot. I would like to do car hauling hotshot at some point on my own. Definitely keep up the good info videos sir!!
Sounds like a good plan man! Thank you 👍👍
Youre a godsent my man!! Many thanks for all of your videos. Youre a fountain of knowledge for me as a noob!!
great information, but is it the insurance will ask the information for your semi truck? You said you can age you MC with a regular car at home with the proper coverage
T H A N K Y O UUUUUUUUUUUUUU SOOOOO MUCHHHH BUDDY.... THANKS A MILLION FOR THIS VALUABLE INFORMATION 👏👏👏👏👏
👍
Seriously, thank you brotha for posting video. Very informative!!!! Thank you and I appreciate you man.
@@jamesharris3109 have you gotten your insurance?
@@ryanumar5413 Hey Ryan, no not yet
You’re very clear and delivery 💯!!
This was good stuff! Thank you for sharing
great video and thanks for all the good info!!!!!
Great information. Insurance us always one of those things that no-one tells you the truth, always a hidden secret! It’s like trying to get information from the DMV/MVC. Just a waste 😂
bryan p haha yeah it is man. The truth and “what sounds good” seems to get really mixed up out here in TH-cam world 🤔😂
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Very Informative. Thank you
Cotttt dam so much needed information in this video!
Great video!! Thanks. 😜 I live in New Orleans. I wish I knew this before applying for my DOT in Louisiana. Now I’m stock🤣 is ok, I guess.
Thank you. Very informative. Just got my CDL today.
Congrats!!👍
Great info, appreciate you taking the time to do this video.
Awesome video and extremely detailed. This is very helpful and exactly what i needed to know. Thanks!!
Thorough and Very Helpful Mizer, thanks for another good one!
Thanks! It’s not the most entertaining but it’s probably the most important video so far 👍👍
Well thanks again bro, you answered a handful of questions I have!! Awesome
Loved it & very informative.
thanks for the information
Can you explain more about putting commercial insurance on your car in order to age your MC
Straight and direct🤞🏽
Thank you for this information. You've been a big help.
This is a great video.Thanks for all informations.I live in florida.I wish i watch this video before.
Thanks alot
appreciate this kinfolk!
I'm up for renewal definitely going to give her a shot. Thanks God bless and be safe
carl gunter that’s great man! Hopefully she can get you what you need! 👍
One thing you discussed was the younger ages 21, 35 that can affect a quote. What about the other end of the spectrum; at what higher age groups do insurance companies refuse to insure? I see some drivers that are well past the spring chicken age group.
Thanks for the knowledge! I learned so much!
Thank you thank you thank you ... Great info WOW! You nailed it.
Thank you so much for the information , God bless you
I am trying to understand adding the vehicle for aged mc?
Good info bro!
Good break down
Great video thanks for the info, taking notes already thanks again and be safe
No problem at all. This is important stuff that people need to know for sure 👍👍
Very good information I'm learning thanks man
That’s what it takes man. Learn something everyday. I still do!
Your right
Hey man, thanks for this. I never knew I could use my personal car to age my MC. I am looking to age for at least 3 to 6 months. Probably the cheaper route.
Thank you for the great tips
Bro your the greatest..much thanks
Beautiful information, Thanks
Thanks man, I hope it can help people get a better understanding about it 👍👍
I’m getting my cdl in a few weeks and getting my own truck and everything I live in North Carolina how much would it cost me average
Question time:
If I start my Com Ins with my paid off vehicle with the 750k liability, and get my MC, my MC will go active and age as well as me being able to buy my truck and Trailer when appropriate and just update it to the proper amounts and coverage before I call brokers to book loads? Just got a quote through progressive and its 350/mo. Thats cheaper than the 900 dollar truck payment, 200 trailer payment, and 1700 dollar insurance payment for the month (21 days) that I am unable to use it to make money.... lol and if I wait 30 days, Ill be able to get accepted for more loads, right?
Thanks for shedding light on this as I thought about this as being an option buy was unsure if it was "legal"
Keep up the great content!
That’s exactly right. Just make sure the scheduled autos page shows your truck and trailer as insured and at that point go ahead and drop the truck you were using before and you’ll be golden. 👍
@@LoadMizer awesome. Thanks yet again for another question answered. Hope to see you on the road sometime!
What about mechanical breakdown insurance? Definitely something I want before hotshotting.
You should always go with a broker. Because they’re able to shop around for the best rate for you. All the major companies screw you over, and you get rate increases every year. Stick with a broker trust me!
Good Stuff man! Appreciate the video!
I had 3NG they also Factor
Great tricks and tips!!!
The Hamels yessir! Thank you!!👍👍
Hello Man!
Thank you for your video!
I just opened my DOT and MC number, got my BOC-3, and to do my authority active I need only get a insurance. I didn't even think that I can get it on my own little car. But weight of my car is around 4000 lbs - is it a problem for FMCSA?
So... I can make my authority active if I just will get my auto liability insurance for 750.000$ coverage on my car without buying a truck? Do I need any other insurances to make my authority active? Or are there some other insurances you can recommend me for building my good record?
Thank you Man!
Yep that’s all you need is the minimum coverage and your MC will be active 👍
@@LoadMizer Thank you for answering!
I called today to many different insurance companies. My application applied only progressive because my CDL is new.
Could you please recommend some other insurance companies for a new CDL driver?
Thank You!
@@artemkroshkin196 did you find any other insurance companies accepting new cdl drivers? Progressive quoted me 27k a year and there's no way I can swing that
Dammit! I had s temporary suspension for 2 days for FTA. I rebutted all actions against me with all agency’s involved. I will have to show the the prospective insurance agency my dmv report to see if disqualifies me prior to purchasing any equipment.
wealthnhealth2015 on a commercial policy?
Load Mizer yes I want to start a trucking business.
wealthnhealth2015 shouldn’t disqualify you. Your premium just may be higher.
Thank you brother
You nailed another thanks
Thanks man. I hope it’s helping people! 👍👍