What kind of insurance is needed for expediting in a cargo van?

[@dennismisovski9932]

You should show people how to find good loads in there vans, I think that’s what most viewers want to know, and that’s what most people ask me, and I’m always willing to help, most people don’t want to show other drivers how to do that because they think it’s hurting them, I have been in this industry for only 6 months and I met this older gentleman and he showed me the way how to find a the best freight, I’m so greatful that I met him, for all the van drivers out there, try not to work for a carrier and get your own authority and try to find your own loads. Everybody out there be safe.

[@dennismisovski9932]

But I’m not saying I got it all figured out, this guy I met saved me a lot of time and B.S.

[@matth7469]

Can you share this wonderful tip here? How do you get the loads????

[@dennismisovski9932]

@@matth7469 well…what I did I signed up for the d.a.t load board and I pay about $45 month, but my authority is only about 2 months old,and I’m still building because a lot of brokers don’t want to work with me because I’m new, so right now half the time I work with a carrier, the other half of the time I’m trying to find my own loads and trying to talk with brokers and passing out some business cards, it’s harder but it’s worth it, little by little you need to stay away from the carriers, try to cut of the middle men.

[@CForged]

So basically you don’t have any knowledge to be telling this guy what he should be doing on his channel. He puts a lot of content out and I’m sure he’s covered that already

[@dennismisovski9932]

@@CForged lol I watched every video he put out, he mentioned everything else but how to find the best loads, he already told me he didn’t want give out that information, and that’s up to him and he can do whatever he wants.

[@adicaloianu186]

In California, progressive dosen't give you comercial insurance for 1 mil and 100k with unlimited miles if you don't have at least 1 year in business and manage to sustain 1 year insurance (1 mil and 100k ) from whatever insurance company, I learnt that in hard way .

[@Eagle-Xpress]

Never heard of that. We just signed on a new driver from CA

[@matth7469]

I ran a progressive quote without cargo with 1 million coverage for around $6,000 a year. I have been trying to link up under your authority. I called around and one company will carry the cargo insurance but I have to run exclusively with them and put their company branding on the van.

[@nak8327]

Which company is that that requires you to run exclusive

[@matth7469]

@@nak8327 you have to call around and search online for carriers with authority. I did hours of research to find that company and called and spoke to a few people to understand how they work. They are out there but you need to research. One company was trying to take 40% with me having to carry all insurance. Another company wants 17% and they carry the cargo insurance. They have some good connections in the auto industry. Very few if any people on here will disclose carrier info because of the competition. Put in some hours, compile a list of cargo van carriers, and start calling them. Wishing you the best.

[@harryknutts8428]

That was some good info. I’m still out here Truckin I drive a company truck. I guess I get paid too good to want to learn anything different although in theory, it seems like a good idea.

[@anthonybailey8657]

I have progressive. And u are speaking facts. Mines is in the upper $400

[@michaelkeogh8454]

The way it works with my carrier is that the carrier buys the cargo insurance for me and I pay him back out of the load rate. I buy non-trucking liability and comprehensive insurance myself.

[@nak8327]

What % is the rate for doing that, your carrier requires 1 million liability, looking for a good insurance company with affordable rates.

[@michaelkeogh8454]

​@@nak8327 I get an 80/20 split. They take cargo insurance out of every load, it is significant and I don't want to share it here. My carrier believes he is legally more secure if the cargo insurance is under his business name. I buy commercial vehicle liability and comprehensive insurance in South Carolina. That costs me a little over $300/mo. Factoring costs is up to $20 per load. I still make money on each load, some trips are better than others.

[@blippacg]

I’m in the process of buying a Transit 250. The insurance is through the roof, like $15k annually. I’m paying up front to get the discount. Hoping that shit calms down in the next couple of years. It averages out to maybe $1,300/mo. I’m in Texas.

[@Eagle-Xpress]

thats about right for a new driver in the industry. We have some drivers paying upwards of 2k per month. All depends where u live, what kind of vehicle, drivers record, credit score and many other things.

[@blippacg]

@@Eagle-Xpress Ok, good to know I’m not getting completely screwed. Also, just got off the phone with Progressive (commercial). They actually quoted me $11,600 for a one time payment. I like that number a lot better.

[@josemoncada5598]

Thank you man

[@nimblenate]

I run a regional route, home daily. I pay about $5500 a year. And if i want comp and collision, it's about double. I want to get a backup van and use both about equally, but they want an additional policy. No way i can afford it, i can only drive one at a time. Im thinking about just getting a regular policy and actually just using it when my other van is down.. but im afraid i won't be covered if something happens.?? Any advice?

[@Eagle-Xpress]

If you want to be covered u need to have the correct policy. Insurance will try to find any possible way to not to cover payments if you're at fault even if you have the correct policy. My advice is you need to spend money to make money. Always be covered with the correct coverage to avoid out of pocket expenses.

[@Invertmini1212]

Arizona has really cheap insurance..

[@BinisaElebo]

Im screwed in florida. I have the van ready but insurance is asking for a arm and a leg

[@Eagle-Xpress]

Yes that's how Florida is. They need to get money back for all the payouts from all disasters.

[@BinisaElebo]

@@Eagle-Xpress is it worth it to pay 2k a month and just stay otr ? This is my only hope right now

[@marvinaguilar616]

​@@BinisaElebo I think it's too much. My friend has a 26ft boxtruck and pays 1200 in California

[@Erati243]

@Eagle-Xpress When you say we have to get "trucking insurance" Does that REPLACE the normal Geico/Allstate/etc Insurance policy or is that in addition to the normal policy? Kinda sounds like you dont need both but I cant tell for 100% certain.

[@Eagle-Xpress]

It replaces the regular coverage and covers everything

[@Pufentoday]

Yes how does it work if you finance the van do you still need the additional coverage the financing normally makes you get or will just the commercial policy work

[@Eagle-Xpress]

Commercial policy is a full coverage policy... It covers everything

[@Pufentoday]

@@Eagle-Xpress thank you for taking the time to answer my question

[@jelenanenezic6805]

whether motor truck commercial general liability 1m or auto liability 1m is required? Thank you

[@lukestone2002]

Florida sounds like it's cost prohibitive.

[@moseshenderson4355]

My friend how good your record have to be to get put on your insurance

[@Eagle-Xpress]

Spotless.

[@bumslightrail2382]

What’s your thought about somebody with a recent dui getting into the cargo business and becoming a owner operator? I’m really looking into it but I have a dui that I feel like is gonna make it pointless to start

[@Eagle-Xpress]

Insurance will be high and we try to stay away from drivers with a dui on their record. Ull have to ask other companies to see what their policies are about that.

[@bumslightrail2382]

@@Eagle-Xpress gotcha..thanks for the response

[@seyfugis]

Thank you that was my great concern

[@fdoshdjxjt5978]

If we do have the hazmat certification, could we get loads that require it underneath your carrier?

[@Eagle-Xpress]

We don't haul hazmat freight over 1k lb and if it's under 1000 lb you don't need hazmat certification or extra insurance.

[@leovaneiro]

Hi Buddy how are you? In order for them to get an insurance quote for me, they are asking what type of merchandise I will be carrying. But we never know what the merchandise will be. What do I say to them?

[@Eagle-Xpress]

general freight, no hazmat.

[@Mike-kg3hd]

how much payload we should look for when buying sprinter or any cargo van ? Thanks

[@markk2745]

Every driver I have seen talk about van size suggest getting the tallest and longest you can afford. Popular would be Sprinter extended high roof (I think 192 inches cargo area able to take 4 pallets and biggest van you can get) and Ford Transit extended (170 inches able to take 3 pallets). So i guess the answer is get the biggest van you can afford. Threw watching these videos I have heard it suggested that getting shorter than the biggest might cut your bid/contract options to 75% of possible loads, so if you want the most possible loads to bid on the largest Mercedes sprinter van is the best option if you can afford it.

[@Mike-kg3hd]

@@markk2745 Thank u so much. I am looking into sprinter as U have .Also insurance co ask me that i will do loads from warehouse to warehouse, If i do residential then he cannot offer me insurance .100k cargo and 1mil liability. Do u do residential also or warehouse only.

[@Eagle-Xpress]

Its a basic payload from 3 - 3500lb usually.

[@Eagle-Xpress]

thats correct

[@Eagle-Xpress]

We dont do residentials, its all business to business 99.9% of the time.

[@lawnfreak3543]

You need a million dollars liability in my man I have a million liability a million cargo I saw the airplane parts that were worth millions

[@RobertRyan-q8u]

Can you self insure? Like Swift does and how would you do it?

[@Eagle-Xpress]

If u have a million dollars cash locked into a specific acount, and 100k for cargo you can self insure. That's for big companies though.

[@RobertRyan-q8u]

I was told that if you post a bond for the amount of the insurance you need you can self insure but it seems no one knows how?

[@مقطعاعجبني-غ4خ]

What year rang for cargo van companies Required?

[@Eagle-Xpress]

Vans must be under 10 yrs old. And low mileage too. Every company has its own requirements

[@BrotherlyLLC]

@@Eagle-Xpressis there anyway I can get you Instagram or email. I have some questions I would love to ask you as soon as possible

[@wkdewok]

Have a small cargo van Luckily I hot shot in a company vehicle. They want to get me for personal and business Policy Which is about a two hundred percent increase. So be careful on the personal site take the family out flip down the bed. I believe if the Van didn't come with factory installed seats. They might not pay out on injury And or damage$ A friend of a friend was doing ride share. Personal policy Accident occurred they declined to fix the vehicle. Just something to think about if you want the multi use vehicle.

[@BryanBiggzTV]

In addition to the 1Mil + 100K, should I get more?

[@Eagle-Xpress]

Its not required but up to you

[@Calvo1122]

Hey was up man I’m wondering if you still hiring drivers?

[@Eagle-Xpress]

Owner operators yes. You can email the email address in the description

[@Calvo1122]

@@Eagle-Xpress thank you man and what will the process be like? If you don’t mind

[@St4Rgirlbff]

I’ve been trying to get you guys to get Loads for me. I have a Mercedes sprinter 2500 170 wheelbase extended 2024 high roof. Please contact me.

[@Eagle-Xpress]

we receive lots of emails daily about hiring, and calls as well. If you want some kind of answers about something its best if you email the email address in the description of every video.

[@projectnerdvana2820]

Saw a 2021 transit 3500 high extended non dually for sale at auction for like 15k with less then 50k miles. Just hail damage. But after living and experiencing how bad this business is doing and how insurance companies love to charge me the lowest possible rates I said hell na. Still looking for another way to open my little bar in Mexico. This ain't it. Still like watching your videos and love the gig but there's no money in it.

[@Eagle-Xpress]

There's still money in it just a slower time right now. Winter is always slow and Feb is always the slowest month of the year. But market is oversaturated that's for sure.

[@Invertmini1212]

Stay away from duallys, one of the worst vans to get In this business.

[@projectnerdvana2820]

@@Invertmini1212 No I would never buy a dually lol

[@lawnfreak3543]

Progressive sucks the rates are okb don't they don't want to cover anything

[@Chad-wk2pm]

Insurance is a waste of money