hauling for extra dough

[Frank J. Lloyd]

Originally posted by Okie-Go:
I too checked on making an extra dollar. My insurance guy is a friend and neighbor, one house over. He said it would be very expensive just guessing(2000-3000) a year. 42 year old clean record. I wanted to pull yachts and cigar boats to Florida from a dealer in Houston. He said I need a million dollar bond and a 100,000 worth of cargo insurance before I hook onto one. To make money you wold have to be a full timer. With me wanting to do it part time and in the summer when school is out I don't see how I could make anything.

Those limits are the minimum for a commercial policy. It really isn't that expensive. I'm paying $230 a month for regular insurance and it is only $280 a month for the commercial. My work will reimburse me for the insurance ( I need it for the day job) but you still have to consider the amount you get paid for the hauling. Unless you are getting around 90 cents per mile, you really aren't doing yourself any favors. Most hauls give you a percentage of the load or a flat fee to haul the trailer. If you can afford the insurance, the few months available in the summer might be worth while, if you don't mind the traveling.



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2001 3500 4x4 H. O. 6 speed 4. 10, SLT, Cab and Chassis, 163" wheelbase western hauler stake bed 3" straight pipe, silencer ring AWOL, boost & pyro gauge, K&N, Geno's one touch oil valve, Cobra 29 bombed, Halogen backup lights, cargo bed loading area flood lights, 6" driving lights, underbed boxes, pacbrake
ready to bomb
Big Red is ready to roll!

 

[Bad340fish]

DDPCFC, I am also 22, But i do have my CDL, i got it when i was 20. Its only a Class B for a truck with Hydro brakes, But another guy i work with has a Class A with Haz Mat and Endorsments for Tank, Doubles and Triples. He has had all of those but haz mat since he was 18, i do believe you have to be 21 to have haz mat on your license. Even though i drive a 35K truck FULL(About 425) batteries on it i do not have to have a haz mat license... beats the hell outa me #ad
Good luck
Clark

 

[Champane Flight]

Frank your insurance is running $3360. 00
per year? Man isn't that a little high?Mine is $125. 00 per month for three vehicles(one with full coverage),boat,and fifthwheel.

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95 Dodge 2500 Luverne grill guard,headache rack,running boards and Amzoiled. Soon to be mildly bombed. 84 Dodge d-150, 318 Hooker headers,Edelbrok intake,mallory ignition,Carter Afb,Accel coil,and Custom dual exhaust. Boat,fifthwheel,motorcycles,and shop,job to support toys. Yuck...

 

[E7mack96]

you all got it made! Commercial general liability , primary liability any physical damage is going to cost me close to 10,000 dollars this year. I have a spotless cdl too. the coverage is for $1,000,000 liability. and $138,000 replacement costs for my Mack.

 

[Frank J. Lloyd]

Originally posted by Champane Flight:
Frank your insurance is running $3360. 00
per year? Man isn't that a little high?Mine is $125. 00 per month for three vehicles(one with full coverage),boat,and fifthwheel.

I'm only 22 with a brand new truck in a very congested city where everyone has wrecks. Makes for a very high premium. I also carry the highest limits I can.


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2001 3500 4x4 H. O. 6 speed 4. 10, SLT, Cab and Chassis, 163" wheelbase western hauler stake bed 3" straight pipe, silencer ring AWOL, boost & pyro gauge, K&N, Geno's one touch oil valve, Cobra 29 bombed, Halogen backup lights, cargo bed loading area flood lights, 6" driving lights, underbed boxes, pacbrake
ready to bomb
Big Red is ready to roll!