| Archive for Hotshot Connect Forum Connecting Transporters and Shippers |
| josh |
O/O LOOKING FOR COMPANY TO LEASE ONTOI AM OUT OF NORTHWEST OHIO LOOKING TO LEASE ONTO A GOOD COMPANY THAT WITH KEEP ME BUSY. I DO NOT HAVE MY OWN AUTHORITY, BUT I DO HAVE INSURANCE. I RUN A 2006 CHEVY 3500 DURAMAX, WITH A 2006 25' PLUS 4' ADJUSTABLE DOVE TAIL. EMAIL ME AT. zaktruckingllc@yahoo.com |
| Tom Cobb |
How did you get trucking insurance without operating authority? You can't call yourself a trucking company without operating authority. Seems you have the cart before the horse. |
| TGPILOT |
Hmmmm....The way I recall it. You must HAVE the insurance before you can get your authority. Once you have the insurance, you can then, and only then, proceed to get the authority according to DOT guidelines.
Correct me if I am wrong....... |
| josh |
Well Tom i'm leased onto a company right now and have my insurance in my name. And i do have my employer tax id number and also had my attorney set up my company. So i guess mybe its who you know, but thanks for your input. |
| TGPILOT |
That's the difference....Your operating under SOMEONE else's authority, though you have the rest. My point is that for you to get your DOT and MC numbers from DOT you MUST first have the INSURANCE.
If you try to get your authority without the insurance online, it will delay you off until your agent sends proof, and you will not be issued the authority. Ask me how I know..... |
| Tom Cobb |
You are correct tgpilot to a point. The insurance company will not and cannot file it with dot/mc until you get those numbers. Technically the insurance is not in force until the insurance files the dot forms saying you have insurance. It all kind of goes hand in glove.
When I asked about commercial insurance one of the first questions was do I have a dot number. Josh Your post says you are looking to lease on with a company, so which is it, looking or leased on. If you are leased onto a company they have to provide the trucking commercial liability for when you are under a load. DOT requires this, no exceptions. You provide bobtail insurance for when you are not loaded but under dispatch. You can usually get by with a personal insurance policy for that depending on the company you are leased on with and your insurance company. Cargo insurance is normally provided by the lease company since insurance companies will not sell cargo insurance to you if you do not have DOT authority. Your attorney can set up a wigit company or whatever kind but that does not mean he knows the DOT regs for a transport company. You and he both can learn them by doing what some of us have done.....go to the website and research for the data. Read this forum and others related to this business. It can be a learning experience. I assume from your post you are trying to learn so I assume you don't know what you need. Maybe you should listen to some of us who have done this before. It could be worthwhile. |
| D. Green |
There's another caveat that no one has mentioned, running intra-state below 26k, or interstate below 10k#.
It's how I started many years ago. Farmer's Insurance Group carried my $1M liability & $50k cargo policies for years (26k), until I applied for my MC numbers. I had to switch carriers because Farmers didn't know how to do the filings.... We have two trucks, less than 10k# (No MC#) that are now insured by Progressive, $1M & $50k, because they had the best rates. With enough perseverance, you can usually find an insurance broker that will sell you what you want. Question is, is it affordable... Edited to add...sorry Josh, no ideas on companies for your neck of the woods. |
| mhlogistics |
Ask your agents if they would pay out on a claim if your operating without state or federal authority.
If they say yes ask them to put it in writing, it'll never happen! |
| D. Green |
Read my reply, MHL. Study TEXAS truck enforcement laws.
Texas requires *no authority* for trucks licensed here, to run intrastate below 26,000 GCVW State or Federal authority not required for trucks below 10,000# GVW I've never had an insurance claim, liability or cargo, in 9 years of operation.... |
| Smokey48 |
Let me ask you all for some info. "Ins"If I want to operate a dually 1 ton, and lets say a 40' flat bed trailer in Indiana, but I stay UNDER 26,000lbs. and or at 10,000lbs do I or do I not have to have operating authrity, sorry about my stupidity but after reading all that I have seen on this post I just want to make sure that I have it right! LOL So sorry guys but I had to ask, because just about all of our loads are under 26,000lbs, so if I can save a couple grand a year on ins, you can bet I am going to look into it!!July,17,2006 Thanks, Smokey "Terry" Slones' Trucking Co. "Your one call, To haul it all" |
| D. Green |
Smokey, you must call the InDOT truck enforcement folks to determine the state specific laws for operating in your state. I have found major differences in state requirements for intrastate transport. What works for Texas intrastate may not work there.
Some states even require *all* commercial vehicles to register, even tho the fmcsa exempts those at 10k or below. |
| Tom Cobb |
Smokey
As long as you do not leave Indiana then their laws only apply. If you cross a state line then you are involved in interstate commerce and fed laws apply. This includes DOT and MC numbers, etc. There is a lot of info on this site and the other one about what is required including links to the websites that have all the regs. I personally posted the links and some others have also. You must know these regs so now is the time to learn them. |