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As I've stated before, I own a small commercial trucking business. We just received our annual Insurance renewal premium (Progressive) for a fleet of 5 tractors and 5 trailers, our premium was raised from $153,000 a year to $212,700. We have a loss run for 2020/2021 of $0 meaning they have not paid out on ANY claims. Our drivers have not received any violations and we have ZERO citations. Something is brewing here....these rates, along with steadily rising fuel prices, commercial trucking fees, taxes etc. are making it IMPOSSIBLE to succeed in the freight hauling business. Of course we are shopping it around but my concern is this is not an isolated incident.

As I've stated before, I own a small commercial trucking business. We just received our annual Insurance renewal premium (Progressive) for a fleet of 5 tractors and 5 trailers, our premium was raised from $153,000 a year to $212,700. We have a loss run for 2020/2021 of $0 meaning they have not paid out on ANY claims. Our drivers have not received any violations and we have ZERO citations. Something is brewing here....these rates, along with steadily rising fuel prices, commercial trucking fees, taxes etc. are making it IMPOSSIBLE to succeed in the freight hauling business. Of course we are shopping it around but my concern is this is not an isolated incident.

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[–] • 6 pts (edited )

Their upcoming climate change fearmongering narrative requires that we don't have food. They will blame the shortage on climate change...then push forward with removing our rights, freedoms, and property.

That is their plan, but they will fail.

[–] • 3 pts

If they start food shortages, two things will happen. First, obese people will become thinner and healthier. Second, people will take up arms and start killing politicians.

[–] • 0 pt

Poor Australians. That false flag shooting at the mosque should never have been enough to remove their guns. Now look at their vulnerability and the abuse they are enduring. Horrible! Still, our brainwashed population won't wake up.

[–] • 0 pt

stop i can only get so erect

[–] • 4 pts

Insurance is driving loggers and log truckers out of business as well.

[–] • 4 pts

I don't know how common this is, but the business my neighbor works for just got split into three parts because of insurance issues. The insurance company they had for twenty years wouldn't renew their general liability insurance unless all employees are vaccinated. It's a small business (fabrication, cnc, etc) that basically only has part time employees who are either retired or doing it for a second job. The solution was to split the company so there is one company that owns the building, one that owns the machines, and a third that has the workers. The company with the workers then leases the machines and building from the other two companies.

I'm told the process was a lot of hassle and paperwork, but the accountant and lawyers made out like bandits. The funny thing is, the lawyers the business owner consulted said it's basically impossible to sue a business for having unvaccinated employees. There is no way to prove an employee or customer got a communicable illness from the employee and not some other source.

[–] • 2 pts

I was telling someone this exact scenario on how to get around the mandate. Instead, a couple companies get together to pool their specialized employees into separate businesses. The companies send their accounting staffs to ABC Accounting, IT goes to ACD Technology, ADE Maintenance Services and so on until you get your staffs down to under say 80 people in the companies. You basically contract out these services from the new separate businesses you created. It costs a little bit more for the new office space needed but no where close to what it would cost to implement the mandates.

[–] • 2 pts

That's a little different scenario. The problem with getting below the arbitrary number of 100 employees, is Biden will just make it 50 employee in a few months. Then 15. The 3. The company I'm talking about is merely to keep assets insured while having a different company with all the employees that has no assets and no insurance. I don't know all the details, but I don't think the new companies that own the machines or building have any employees. Therefore, the aren't subject to any current or new mandates.

The 100 employee OSHA thing is such an overreach, that I think its purpose is to be an excuse to pack the court. There is no way the courts don't strike this down. Then Biden will claim COVID is out of control because the courts won't let him force the mandate.

[–] • 3 pts

Damn if thats just your insurance cost, your company must bring way over that to function. Nice man. Even with them squeezing you out you did good.

[–] • 5 pts

We average about $43,000 gross a week! Trust me, after paying fuel ( about $1200-$1,800 per truck/wk.) I pay my drivers between 27%-32% based on their truck gross. Then you have trailer costs, maintenance is $2,200 a week. We also pay a dispatcher 3% to book loads and 2% to factor the loads. Trust me when I tell you, at the end of the month there isn't much left over!

[–] [deleted] • 4 pts

Still congrats. You're keeping people employed, helping their families, and hopefully making enough to keep yourself afloat.

Insurance is a scam - always has been. They help a few and scam the many. Shopping around will hopefully help.

[–] • 1 pt

I hear you. I had a bunch of techs work for me for a bunch of years. The upside of the covid thing and downsizing has been realizing the stress is not worth it.

This is the tragedy going on with our young communists pushing that ideology. They have ABSOLUTELY NO IDEA just how fucking difficult it is to start a business and operate it.

Yeah, some business owners are super rich, but most of them are super stressed and over worked even if they do make a decent living. For the rest of the busines owners, they merely bought their own job.

[–] [deleted] • 3 pts

Thank you for sharing this important info - as someone who dealt with ever-increasing malpractice insurance premiums without any claims, I feel your pain, but this freight situation, as you clearly point out, has much broader ramifications. Please keep us posted.

[–] • 3 pts

Ex wife is an all Ivy Leage Derm. here in FL, just seeing the hoops she has to jump through with insurance is crazy. She is slowly transitioning to an all cash practice ( mostly cosmetic) she is so sick of dealing with Insurance.

[–] • 2 pts

Thank you for the courage and cajones it takes to found and run your own business. Respect. I can see that you also look out for your people. There may never be a real truck strike here, as much as it appears [they] are trying to shut it down themselves.

Fugging crazy. An' we aint see the half of it yet.

I pray supernatural intervention for you and yours, as God sees what you are doing and are trying to do. I pray that He bring the increase and bring the enemy down low. Like punch his lights out. I pray what the enemy has stolen be returned to you multiplied. That it be from the filthy lucre that he has hoarded to be returned to righteous use. I pray protection for your people on the road and in the managing of your business. In Jesus' Name!

Actually, i would call it more like leadership. You dont sound like just some dayum "manager'. Godspeed.

[–] • 1 pt

Brother, as a blood bought believe in the Lord Jesus Christ, your message literally send chills down my arms. Thank you friend, I needed this more than you know!

[–] • 0 pt

His Holy Spirit showing up and showing out!

His inspired prayer, i just recorded it.

Your response made my day, brother.

Godspeed!

[–] • 2 pts

Progressive is owned by george soros. Progressive will tell you the same bullshit they tell everyone, "there's been a statewide rate increase". Have u checked Travelers or Chubb?

[–] • 1 pt

Try Erie Insurance if they are in your area. Very reasonable. Good repair alternatives.

[–] • 0 pt

I will thank you! I have two brokers pushing it out to various markets. Fingers crossed!

[–] [deleted] • 1 pt

Get out of the way you small time trucker....only big business allowed now.

God's going to rip a lot of new assholes when he arrives.

[–] • 0 pt

Man I hope your are right! As a blood bought believer in the Lord Jesus Christ, I know he is just and will punish them when the time comes.

[–] • 1 pt

That is horrendous. It seems to tie in with an emerging pattern of shortages (which I believe are intentional) such as the chip shortage and the new car shortage.

[–] • 0 pt

I was with progressive when i started my business in 2014. They will take anyone but their rates are retarded. I’ve been with northland (i think that’s what’s called). Paying 687$ a month for everything on my truck.

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