RE: Hey Van guys (and Gals)! What are you paying f
>Is your cargo insurance included in that price? I pay
>$1500.00 a year for mine that is $1mil, liability and $100K
>cargo.
Yikes that is less than I am paying for the barest of minimums on my insurance presently!
>All insurance is based on what you told your agent when
>applying for the insurance. Where is it you will be
>delivering, and what type of cargo you will deliver, plays a
>role in the insurance company setting the price. Example: If
>you haul wood or deliver manufactured goods like plastics
>you may pay $1K. If you deliver glass or clothing or high
>end products you may have to pay $3K. The liability is based
>on the number of stops made and the type of places the stops
>are made too. Your agent should have asked you these
>questions, and if he didn't then he is filling in the blanks
>based on the opinion he formed about your job.
She did not ask much of that.
>Your age and driving history also plays a role. If you told
>him you will be making 5 to 10 deliveries a day (as a
>courier) going into places like homes, offices, and
>hospitals, It wouldn't surprised me if someone had to pay 5
>or 6K a year, if carrying blood from place to place. Are you
>insure... through the company you are leased to or do you
>have your own insure... through a private broker?
I have a clean record and am 40 years old. I presently have my own insurance as stated above. I mostly do business pick-up/drop-off.
Dynamex offers us insurance. It is not cheap at $79 per week. It is good coverage with $1M and full coverage on the truck ($59/week without collision). The carrier is AIG whom is supposed to be a good company. One attractive thing about this insurance it they take it right out of your pay so you don't have to either finance the premium or come up with a huge downpayment. But it is expensive.
>I know you want as much help as you can get and may even
>feel pressure, but you also have to remember this is a
>public forum and a post can and will side track a member
>from the original topic. If you or the poster asking or
>looking for the right answer remains patient the answers
>will come. Some posters may become engrossed in what another
>said or may want to say high to someone they haven't heard
>from in a while. So Mike what I'm saying is being patient
>may be the better thing to do. If a poster goes off onto
>another subject maybe give some others time to post and your
>questions will get answered. If the thread gets switched and
>the members are sidetracked, then you may want to reply with
>a reminder of the original question. Just my opinion!!!
Good points. I just wanted to head off a waaaay off topic slant. One thing I have found by being on here is that for every poster there are 3 guys lurking in search of the same info. My apologies for being to the point but I did even say 'please'.
>Do you live in PA? or have a business address in PA?
Nope. I am in Maryland. Why do you ask?
--
Mike N
