Welcome • User Guide
ToS • Privacy • Canary
Donate • Bugs • License

©2025 Poal.co

151

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.

(post is archived)

You are currently inside a comment thread.
Click here to see all the comments (37).
[–] [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.