How to Make Sure You Get the Right Insurance For Your Dump Truck

[@vernondelancy6281]

Thanks for the game Country CEO . I just ran into a problem with a company about what kind of insurance I need to work. I got the information from one of the companies employee: see gave me everything I needed but she didn’t tell me that the company didn’t except FFB . She never told me this and I purchased it and now I’m not able to work until I change it . I just got my truck last Tuesday man what a temporary setback ; but I know this what GOD has for me is for me . Nobody can stop GOD .

[@blizzardbk]

Love the content plus with you having over 20 plus yrs exp its a blessing to be able to learn and take in this info from somebody that really knows what they are talking about thank you COUNTRY CEO.

[@thecountryceo3535]

Thanks man. I appreciate that

[@crawfordsempire5833]

Do you know why progressive so high

[@thecountryceo3535]

They basically have the market to themselves with the exception of a few companies

[@crawfordsempire5833]

@@thecountryceo3535 do know few by hand because they charge me 80k a year

[@thecountryceo3535]

@@crawfordsempire5833 MY GOD. for how many trucks?

[@crawfordsempire5833]

@@thecountryceo3535 1

[@jamalharris4116]

question have a legit insurance and other truck information is key to getting contracts in the dump truck bussiness

[@thecountryceo3535]

Yes indeed. But let me add this. Having legit insurance and other truck info is key to being and lasting in business period.

[@jamalharris4116]

@@thecountryceo3535 thanks like you say presentation is key to your business

[@robertesposito9871]

Automotive liability how much $ will it cover ?

[@thecountryceo3535]

You need at least 1 million

[@garybermudez6392]

@@thecountryceo3535 so when I call insurance, I say a 1 million dollar commercial coverage and they will know the rest? Of course dump truck vin and etc but as far as coverages needed they will know?

[@thecountryceo3535]

@@garybermudez6392 yes they should know. 1 million liability

[@ivoryjenkins2761]

Thank you.

[@righteousruckus]

Revisiting this video as I do often of your vids. So your Commercial general liability coverage policy includes the automotive liability and physical damage? Or do you have separate policies for automotive liability/physical damage for your trucks and a separate one for commercial general liability? I just ran an online quote for progressive to insure my two trucks and it about made my eyes pop out. $18K a year! Maybe that's par for the course though. I can't imagine how much more adding a $1M general liability would be.

[@thecountryceo3535]

yes thats all three for me. See what a 500, 000 quote would be. Some guy here are starting there and then increasing to 1m after first year.

[@sawmill123456]

They want $45000 for one truck in Miami!

[@chrisgroover7716]

Good afternoon country ceo. Found some good deals on tandem axles in Houston. The only problem is that boxes are 14-15ft. Are you totally against the that size for potential earnings?

[@thecountryceo3535]

Afternoon to you. A tandem not a triaxle right? How many yards can they hold?

[@bloodbankjiujitsu1599]

This might be a dumb question but what dump trucks are the most profitable, or does that not matter can any dump truck make the same money ?

[@thecountryceo3535]

Nah man all questions are relevant. No as long as it's a triaxle it will make same money. Tandems make a little less and so on. Now if your bed is bigger and your hauling by the load you may make more. The brand of truck will make no difference.

[@bloodbankjiujitsu1599]

@@thecountryceo3535 thanks again country 👍🏼

[@gregoryjones4059]

What is a good insurance company

[@gregoryjones4059]

When buying a truck what about the rebuilt title dump truck

[@thecountryceo3535]

explain

[@stanleyw985]

Thanks baby. I appreciate all the good information my love

[@malikbey8968]

I'm looking to do back haul with a dump trailer. Do companies require cargo insurance to cover what's going inside the bed ?

[@thecountryceo3535]

no

[@gregoryjones4059]

I need to know what are the permits and licenses that are needed for to operate a dump truck

[@thecountryceo3535]

CDL CLASS B

[@tenaceetwon2341]

Thank you sir.

[@slimcanhoop1]

A dump truck drop a huge boulder of it bed and it hit my Honda Accord and did damage

[@thecountryceo3535]

Oh wow i can imagine

[@trubigcotton6451]

Loving this channel. Country Ceo really has helped me out. I’m going back watching all his videos

[@thecountryceo3535]

awesome I appreciate that

[@camdenjaxen3157]

i realize Im kinda randomly asking but does anyone know a good place to watch new tv shows online ?

[@kevinreid5871]

@Camden Jaxen Flixportal =)

[@camdenjaxen3157]

@Kevin Reid thank you, I signed up and it seems like they got a lot of movies there :) I really appreciate it !!

[@kevinreid5871]

@Camden Jaxen you are welcome :D

[@righteousruckus]

When you add a contractor to your policy or do the waiver, do you reverse those actions when you're done with the job or do you enact it for a certain time limit? How do you handle that? Thanks PJ, you're the best! BTW just got my LLC, not moving on with other necessities.

[@thecountryceo3535]

Yes you can call the insurance company and tell them to drop them or when you renew they will ask you of you want to include that company again. I typically let them ride for the rest of that time and make a decision at renewal

[@thecountryceo3535]

Thanks bro. Congrats on the LLC.

[@MAXED-TRUCKING]

Thanks for the breakdowns. Great video brother!

[@thecountryceo3535]

😎

[@AlbertoGonzalez-tc2ju]

I ain’t waving shit thx migo ✌🏽

[@bbeaird81]

Hello Mr. Country CEO, do I have to have insurance prior to having being able to purchase a truck? And do you know if I have to have driving experience before I can acquire dump truck insurance? I’m fresh out of CDL school. Thank you for so much information. If so, how much experience is needed? I’m wanting to buy my truck asap. Thanks so much for what you do🙏🏾

[@thecountryceo3535]

you can get Insurance after. Yes you can get it but it will be slightly higher due to your experience

[@bbeaird81]

Thank you Sir. What coverage is common outside the 1 million of liability ins. For example is cargo/load insurance and or self and passenger insurance common as well? Thanks again Sir!

[@thinkwiselymeditations5562]

Great content! Can you do a video on the pros and cons of having your own authority vs leasing onto another companies authority?

[@thecountryceo3535]

In the dump truck world authority/leasing is not a term that is used. Are you referring to some other type of trucking?

[@thinkwiselymeditations5562]

Oh ok I thought Operating Authority was across the board in trucking and when getting my DOT number I would also be getting my authority.

[@thecountryceo3535]

@@thinkwiselymeditations5562 no sir

[@joereiche3547]

I do have a question about workmans comp rates It seems like the rates vary between 2 percent up to 15 percent of your payroll Any suggestions which insurance companies are competitive? Thanks for any advise !

[@thecountryceo3535]

It really boils down to just trying the local companies and see who has the best rate

[@joereiche3547]

Thanks

[@mightymac937]

How much is the insurance

[@thecountryceo3535]

Check out the video on insurance. It varies

[@freewaydred4546]

Great Video

[@thecountryceo3535]

Glad you enjoyed it

[@herndondumptrucking]

Who else besides Progressive is a good insurance provider

[@thecountryceo3535]

It's progressive here man. I've looked and looked and they have the market cornered down here. I would say check with some mom and pop places along with some of the national companies that write nationwide. I'm getting ready to renew next month and this is what I'm going to do.

[@herndondumptrucking]

Thanks man

[@herndondumptrucking]

Ok keep me posted

[@natashawilson9711]

When you hire someone to drive your truck, will you need to add them to your policy as a driver? I am planning for my 20 year old son operating the truck he has a class A cdl.

[@thecountryceo3535]

@@natashawilson9711 Yes you will need to call the company and add them.

[@adriancontreras8143]

Thank you! Very good information, how much usually you think I will pay for insurance a month for just one dump truck ?

[@thecountryceo3535]

depends on how old the truck is and how much coverage you get but just to give you a number anywhere between $600 to $1200.00