My Insurance HACK When Applying For Operating Authority

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What’s up y’all? I’m David McGill, a 2007 graduate of Indiana University’s Kelley School of Business, an experienced accountant, trucking business owner, and consultant. I created Trucking From Scratch®️ to help other entrepreneurs start, run, and grow successful trucking businesses by breaking down the business side of trucking.
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The information provided in this video should not be construed or relied on as legal, tax, investment, or business advice for any specific fact or circumstance. It's content was prepared by McGill Accounting LLC, with its principal office located at 1075 Broad Ripple Ave., PMB 390, Indianapolis, IN 46220. This video is designed for entertainment and informational purposes only. Viewing this video does not create an accountant-client relationship with McGill Accounting LLC. You should not act or rely on any of the information contained herein without seeking professional legal advice.
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[@marty1538]

I just called dot to ask. They said you can start your coverage 48 hours before you’re authority is applied. Aka day 19 of the 21 days. Hope this helps save y’all money.

[@Samil101]

All you had to do was tell the insurance company you want your start date for your insurance to start in 21 days, not immediately.

[@TheLaze85]

Smart

[@tdavis251]

When you apply for your authority it's best to wait 10 days to get your ins. Also you have 90 days from the date of your application for your authority to be in compliance with the FMCSA. So you have a lil time to get things right before they deactivate your account. Not trying to step on any toes just passing along a lil info Bro..

[@br3wskee]

Thanks fam. Im catchin' hell on the Application

[@Philthaentrepreneur]

Thanks

[@ednarivera1535]

Thanks for the info step on a toes you want !! 🤭👍🏼👍🏼is all good info

[@tdavis251]

@anthony villegas when you apply they give you the DOT #. Yo activate your number you must get insurance and file a BOC3. If those two is not done within 90 days they will put your numbers on hold & you will have to submit a letter telling them to take your numbers off hold because you have everything up to date. HOPE THIS HELPS

[@tdavis251]

@anthony villegas now I'm not sure about that you'll have check. I had a company file mine and it was only a one time filing fee. And if they say it will be a yearly fee they are lying. You only file it once the company I used charged me I believe $45.

[@againstallodds404]

Can't beat the look of satisfaction on your face when you realized your theory worked🤣😎 Great video!

[@lawrenceparish1356]

Can you pay the application fee& your dwn payment for you insurance....and not own a box truck yet just to get yoyr authority....i was going to rent a box truck starting out.

[@marissaux]

@@lawrenceparish1356 unfortunately you can’t start a policy or pay for one without the actual info of the truck which includes the minor details like vin #, year, carrying load capacity, dimensions of trailer, sleeper/no sleeper, any technology you rely on inside the cab, engine size, etc. The truck rental place always offers insurance as an add on and it’s usually good quality coverage for the $money. You can also adjust your personal auto ins to cover you while driving the rental truck, for an added cost, of course. If you have any commercial ins Q’s let me know. I’m an Independent Commercial Insurance Broker licensed in CA, specializing in saving Truckers time & money. ☺️👋🏼

[@TheLaze85]

Lmao wordddddd

[@jameslynch2383]

Been running through your videos recently. Really appreciate the great info and your interest in helping new/other trucking businesses.

[@princessstokes975]

McGill thanks for all you do to educate our trucking industry! You're the greatest.... . Much Lol

[@sederickkelly3668]

Your supplying knowledge thats actually an successful O/O manual. Thanks for ALL the videos!!

[@abhijeetsingh2048]

Bro your genuine advice and truthful info is gonna help your channel blow up ! Thanks

[@locbautista7575]

Love the free thinking, keep growing and never stop learning ❗️✅

[@Jake-ui9ih]

Impressive channel. articulate, informative, and I look forward to watching your videos. thank you.

[@ItzMyMojo]

Put it to the test, but actually paid a week before authority went into effect and it works!

[@robertesposito9871]

I watched a woman on you tube that works for a processing company and she said to do like you did, she said wait 5-7 days before your app is approved and that’s usually a safe way to do it,

[@darrellwiggins4971]

Can you help me

[@ItzMyMojo]

@@darrellwiggins4971 Absolutely. Please call 346-283-9329.

[@TheTruckWhisper]

I did my authority on the 2nd paid my insurance on the 18th went active on the 21st

[@will7562]

@@robertesposito9871 can you tell me what video because im about to get my authority and want to see another as well do this in action

[@calenolan1945]

I let my 21 days come and go before I bought insurance. My authority was active 2 days after I bought insurance

[@Boomer-ce7lj]

Damn. Now that’s what I’m talking about

[@burhanberkolli5598]

Man thanks for letting us know because that's my plan too. I don't even have a truck or authority and especially not insurance over 3thausand dollars.

[@juancepeda9620]

Yup . You can do ut that way..

[@dondelani7519]

So you don’t need insurance to get authority, MC or dot number?

[@thelifeoffamily-amz]

@@dondelani7519 You Need it to activate your authority! So Apply for your authority first then after the 21 days buy insurance and your DOT will activate in 1 to 3 days. no money and time wasted in the process! Also After the 21 days You have a window of 69 days to get your insurance or else your DOT authority will be disactivated, plenty of time to shop around for insurance!

[@jodysmuseo]

I appreciate this video. It covered a major part in my DOT and insurance process.

[@JPCreole]

This was great! Glad I found this video before I started the insurance. This was so clutch!

[@titoali855]

Bro, I just stopped the video in the middle of it to say: really, really, honestly, THANK YOU, because you helping others very simply like that, while we nowdays are surrounded with people of (go figure out it by yourself! I didn't suffered for years to then you show up and have it that easy!!).. regardless you helping with trucking or anything else, this world really need people like you, even the goodness is clear in your face.. I don't know why some as***holes gave you a dislike.. I believe they are of that type I talked 👆 about.. Thank you man, keep doing what you do

[@Davidsonjones49]

It’s amazing how you knew that I needed this information! Thank you.

[@DrSamBeckett]

Just the video I needed! Appreciate it man!

[@ahadiqbal7233]

Another great video, thanks brother!

[@dwighthenderson7012]

I'm taking notes.Great info.

[@labratlogistics1936]

Thanks for sharing all your knowledge and experience.

[@hotshottruckingtrainingcou9645]

Fantastic content, as always 👍🏾

[@hound4u937]

You can " pause " or not activate your insurance policy until you get your DOT numbers. FMCSA also gives you a grace period to activate your insurance policy.

[@redpillscience1288]

How

[@mazimike88]

Facts😂😂 90 days

[@eyosaftberhanuzewde6979]

Thank you so much for sharing this. I really appreciate it

[@Truckinainteasy]

you the truth man thank you for all wisdom and truth you put out there for us

[@champelleauarling197]

It makes sense. Thanks for the info.

[@davidntakiyiruta1705]

Thank you David your vidios is very helpful,

[@evonblakepoliceandpoetry7216]

Thanks bro, just applied for my authority going to try this

[@johnatkins3498]

Very impressed with the knowledge base and the think tank strategy definitely would like to get with you on the mentor coaching cost to get started with my trucking company

[@wherezryo]

Golden. Good shit brother ✊🏽

[@shesobossi8194]

much appreciated info!!

[@royalflush8173]

You make a lot of sense my young brother

[@MiguelBandito1988]

Thanks for the info fam.

[@alexnjsikoko]

Great job, wow, thanks for sharing

[@damiernwhite5875]

Great information I will try this as well.

[@aaronjohnson4151]

Thank you so much for this info. Super helpful!

[@467inc]

this just might be my favorite video. i see your point

[@mrjalstonify]

I unfortunately am one of those people who rarely eave reviews and comments. But this right here...Has been some very valuable information for me. Last week bought my truck outright zero payments. Today I initiated the process with a company to file and set up everything that needs to be done to get authority. I thank all of you that have put this information out there. Especially David McGill💯💪🏾💯

[@damolaadesanya2806]

which company you use to set up the process if you dont mind

[@armandotabares8561]

New to your chanel,great info and keep educating.

[@geoestrada5001]

I remember when I got my truck insurance the insurance took two weeks to registration comes to anyway every State is different than others, but you telling us is truth, thanks brother for your help

[@derrickrobinson9505]

Great video.thanks

[@Bossstyles]

Great video. Thanks.

[@phillipgoodmandj-drfeelgoo920]

Makes perfect since to me. Thanks Bruh. Like subscribed, shared!

[@natrob76]

Thank you for this 👍🏾👍🏾👍🏾

[@Ty-dl5gr]

Appreciate ya!

[@cassiadiscipula12]

I really like and appreciate your videos, here is another thought about this subject, you can lease under another company authority for the first 21 days. I actually do this for other owner operators I have my authority but I lease owner operator.

[@kaosdevine-shine3173]

How does that work though?

[@jordanmeija7384]

Great info, thanks David, every lottle bit helps,pure gold....aeesome👍😁

[@asey9508]

Critical information appreciate the insight. I’ll be testing this theory myself.

[@eleonzocaldeeon1131]

Thanks for that information.

[@ericdooley5464]

Great information. Thanks.

[@k3serviceusedcarsale829]

Just make your insurance effective from 20th day of app. How hard is it to understand? Avoid all that nonsense... Good luck y’all!

[@TruckingFromScratch]

Agreed, throughout the thread we came up with the that solution after speaking with a couple agents. Thanks for the feedback.

[@foxyroxy8374]

Thank you!🖤

[@mrbigb250]

Great videos brother! I'm looking to get out on my own and start running a few trucks. For now, I work for MHC Truck Source in Chicago. Truck sales. So I have a line on good used trucks. LOL Keep the videos coming! HUGE HELP for what i'm looking to do.

[@billreamer2524]

Do you have a website for your truck sales

[@jmmusic231]

Help to us with really special prices for a truck 😅

[@sherzodriskaliev1133]

i have to buy atruck, can you help?

[@TruckingFromScratch]

👕 Get your Mind Your Trucking Business T-Shirt: truckingfromscratch.myshopify.com

[@tonytorres1624]

Great approach,it's business Davis you have to be profitable,good.

[@carsonestes6300]

Excellent video

[@A.Galvan3]

Great information.

[@brandondaily9659]

Just wanna say your a genius

[@zabrinarenea7116]

Thank you for this information.

[@Damage10]

Very good information

[@robertking8231]

Very good. Thank you.

[@waynebrown8246]

Great video

[@frankcerbantes9429]

It makes sense and the way that should be done ,he insurance depending on the state it's expansive as jack Will try it that way

[@jasoncollins2668]

Damn!!! That is a great idea.

[@chickenricesteak541]

We actually had full coverage insurance bought Commerical 1 week prior when we got our dot and MC. It took 1 week to go active

[@Rico1Law]

Thanks so much

[@patrickmcginnis6823]

It made a lot of sense .

[@daverov9252]

saved me some money...thanks for the video

[@gisellej6531]

Thank you.

[@LRBTODAY]

after subscribing to your KZbin channel I wanted to absolutely follow up. I’m looking for a contract for one year using a dry van. I’m looking for a dedicated power route or similar traveling from Houston to anywhere within Texas for 1yr. Do you have any suggestions.? Your KZbin videos are extremely informative and helpful. As a result, I sought you out to show my appreciation

[@cmrfood]

thank you

[@dadriaanse]

Good stuff

[@surname037]

good content..im a new subscriber

[@user-ig9jq1nx9q]

Thk you, just starting company formation. Will be contacting you about tax set up and accounting thks bro.

[@MrTtdavis]

Great video bro. My question is I'm assuming that you already had you truck prior to the application process correct??

[@debpritjay]

That’s what i actually did based on my Insurance rep recommendation to save me money! my insurance payment is due on the 15th. It worked out great!

[@collietransportllc5861]

THANKS IM TRYING FOR SAME THING!!!

[@corneliusgray2042]

What exactly did you do?thanks in advance

[@el_engineer0p106]

A theory is an explanation, A hypothesis is an idea like the one you had. My professor had a joke when people say “I have a theory about this ”... to which he would say. “No you don’t, trust me if you did I would of read about you by now.” Regardless i appreciate the information and your channel. 👍🏻

[@Mileage1774]

Great vid

[@jaybrewer3040]

Awesome information but dang you drew that out as long as possible. I kept waiting to hear about what you put on the application if it asks about ins. LOL in any case Great Job, Sir. Thank you so much for sharing!!!

[@petesmalls08]

Still one of the best out there.

[@TruckingFromScratch]

TRUCKING BUSINESS MODEL BLUEPRINT: Learn the 8 ways to start a trucking business and see which way best fits you as an owner. bit.ly/2TstPfZ

[@alan6832]

Insurance companies are crazy to insure by the month because they are billing while the driver sleeps, which doesn't allow the driver to sleep and then he crashes and makes a claim. Sane companies ONLY insure by the mile, never by the month!!!

[@alan6832]

You should be able to pay up front for coverage starting in 21 days and submit proof of insurance starting on day 21. then receive your second bill on day 51, 21+30. Except MUST pay ONLY by the MILE or else drivers can't sleep and will CRASH because insurance bill will run as they sleep, making drivers unable to sleep. ANY INSURER CHARGING BY TIME IS NUTS!!!!!!

[@priscillasiryon9251]

Mr. Mcgill, could you please post you email address? I really need to talk to you........ I NEEEEEEED HEEEELLPP!!!

[@busyboysonedollarcircus6601]

good stuff...

[@fernandocolone7359]

I was told the weekends don't count only business day's.

[@anthonyrobertson9053]

Thanks d

[@colleenoloughlin3970]

When you first get your authority my guess is maybe Uber will let you book loads because of no experience as an o/o with their own authority. How do you find out which insurance(s) you need to have to book loads off boards?

[@john4iraq]

Great info. How if you wanna book a load from your truck and send and receive documents with brokers? Do you have to fax it from truck stop or via email or app? I’m working on getting my own authority hopefully next year, because I’m still how to run my business before jumping in.

[@themanimal1925]

Genius.

[@PROPHETESSIAM]

Wisdom, 👍.

[@ProdbyGrimeyred]

most insurance companies take 2 months as a down payment so tho the theory is good having the 2 months is even better. Good job.

[@BookofRobert]

This killed me right off the jump insurance didn’t let dot know I had insurance for 30 days really killed my pockets

[@MarsellusWallace2024]

When I started I did something similar to this. But, what I did was put in my application and then waited the 21 days. I figured that there is a reason they are sitting on it for that long so I didn’t want something to come up at the last minute before that period Was over that would lead to me not getting started after I had made the insurance payment. So after the 21 days was over, that’s when I made the deposit on my insurance and waited for my authority to become officially active then I hit the road. This maximize my time and allowed me the Full21 days to make sure something crazy didn’t happen with FM CSA that would keep me sitting at home after I had made my insurance payment.

[@ni4nijustice855]

just curious,how much was your insurance per month when you started with a fresh dot?Thanks

[@kcharry]

Exxxxxxxxactly! I did this same thing

[@Randyjj92]

So I’m hearing different methods some failed some worked yours seems more ideal so check this out I have my LLC, EIN, Dot medical card, business account. I started the FMCA Application but I haven’t submitted it yet, so based off your process should I submit the FMCSA app now and go ahead and do the mcs 150, UCR, get the rental truck, and do the boc3 within the 21 days ?

[@muffpaid6955]

@@Randyjj92 do your boc3 as soon as you are done with the application. You can’t do your mcs150 until you get the PIN number in the mail, which will come after get the mc&dot number

[@rsingh6590]

Nice, how long did it take after the the 21 days for the mc to become active? Thanks

[@businesscryptobags7098]

FYI : the insurance companies has direct connect with the FMCSA it can show up the same day I’ve done it multiple times . Never waited not even 5 days.

[@biggernigga1]

Nice 👍🏾

[@ColourMeBeautiful13]

Do you have any knowledge of securing hotshot loads? Minus the broker, factoring?

[@smcfarland775]

Game game game Dave bet 👌🏽💯

[@TrucktheworldTV]

When do you do registration?

[@TruckingFromScratch]

*TRUCKING FROM SCRATCH* Check out my tools + resources designed to help your business succeed: truckingfromscratch.teachable.com

[@tonythomas5321]

Can you take my trucking business?

[@yamahamusic321]

[e-mail] I will like to get authority.. you mentioned you help with that.

[@jamel136]

I was able to activate my authority with just losing one day of insurance

[@stevemoser6491]

Hey David, Nice info. I would like to share with you how to make your hack 2-3x sweeter, I do all the time for my clients. Your direct contact info is difficult to find. please contact [e-mail]

[@michaelball299]

Why not pay it on the 14th

[@ForerunnerInsuranceGroup]

Love your video! Would love to collaborate with you on some videos

[@TheBlkac1]

Its law! 😎The main point is to have insurance!👍🏿😎

[@antchava85]

it made since. The insurance was activated 8, or 9 days later , which will actually let you "run,Work" for 18 days until your next insurance payment from the date you where granted operating authority. instead of loosing a full 30 days of paid insurance and making Zero Money

[@marcusford809]

Fmcsa told me it’s 21 business days to activate authority. That’s longer than what I’ve been hearing. They even told me what date I can expect to have it active and when I should get insurance