rawlins87 Posted July 9, 2012 Report Share Posted July 9, 2012 What all is involved on the insurance and bmv/state laws side?I've got a truck to pull a 3-4 car trailer (need to purchase a trailer).I'm a driver and welder for the company I work at now had to take a physical for the state. Just not sure if I need to get an all out cdl.Insurance, what would I need? Obviously enough to cover my truck, trailer, what I'm hauling and some liability coverage.Possibly starting a new business or doing side work for a company. Quote Link to comment Share on other sites More sharing options...
crb Posted July 9, 2012 Report Share Posted July 9, 2012 (edited) What all is involved on the insurance and bmv/state laws side?I've got a truck to pull a 3-4 car trailer (need to purchase a trailer).I'm a driver and welder for the company I work at now had to take a physical for the state. Just not sure if I need to get an all out cdl.Insurance, what would I need? Obviously enough to cover my truck, trailer, what I'm hauling and some liability coverage.Possibly starting a new business or doing side work for a company.Weight rating? Cargo Insurance, Workers Comp, Truck/trailer coverage, may need a bond, may require a huge insurance policy incase of damage. I would recommend over the wheel straps instead of chains. In state or crossing state lines? You will need PUCO or DOT authority if starting your own business. Edited July 9, 2012 by crb Quote Link to comment Share on other sites More sharing options...
imaposer Posted July 9, 2012 Report Share Posted July 9, 2012 it's a cut throat business, and unless you are willing to run illegal and off the books, your chances of success are near zero. thank uship.com for that. Quote Link to comment Share on other sites More sharing options...
crb Posted July 9, 2012 Report Share Posted July 9, 2012 it's a cut throat business, and unless you are willing to run illegal and off the books, your chances of success are near zero. thank uship.com for that.Pretty much, and 2-3 car haulers have it worse as they can haul less cars. If I was going into it I would go with a 5+ car hauler more opportunities. Quote Link to comment Share on other sites More sharing options...
rawlins87 Posted July 10, 2012 Author Report Share Posted July 10, 2012 It would be to close states. PA, NY, KY, TN.It would just be a weekend side business. And i have a company that could keep me busy with all the work i would want to do. If i make enough would do it full time.Just curious on start up costs and insurance, cdl stuff Quote Link to comment Share on other sites More sharing options...
crb Posted July 10, 2012 Report Share Posted July 10, 2012 It would be to close states. PA, NY, KY, TN.It would just be a weekend side business. And i have a company that could keep me busy with all the work i would want to do. If i make enough would do it full time.Just curious on start up costs and insurance, cdl stuffCDL depends on weight rating, and air brakes. Insurance and fuel will be one of your biggest costs. I couldn't begin to give you an idea of insurance costs, quotes should be free though. If you are contracting with another company you wont need your own DOT or PUCO authority. Quote Link to comment Share on other sites More sharing options...
MidgetTodd Posted July 10, 2012 Report Share Posted July 10, 2012 I can answer any and all questions you have Weds night bubby, I did it for 2 years. But the biggest thing I'll tell you.......don't bother. The money sucks in the end and you cant make it doing it partime. Quote Link to comment Share on other sites More sharing options...
DTM Brian Posted July 10, 2012 Report Share Posted July 10, 2012 My biggest fear is the cost of fuel and the costs to maintain truck/trailer. Tires are not cheap nor are oil changes. This is why I do not take the car dyno on the road any more. Good luck Josh. Keep me updated on how it goes. Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.