There are several factors to consider, the income and cost of living for an area. The taxes for a particular area, not the federal, as it should be the same relatively speaking. But the state and particularly the local taxes will vary from place to place.
However, it seems a safe bet for an average $1,000,000 bobtail insurance policy will vary from as low as $30 to $160 or more, per month. But this is also based on several key factors. If you are a company with bigger fleet size, they will look at how many trucks you are insuring and offer special group/bulk rates. They will also look into your company’s safety records. Then there are the other usual issues such as drivers’ tickets, accidents, years of experience, age of the equipment.
Keep in mind some might go so far as look into the care and maintenance of the truck and of the equipment! So before you decide to purchase bobtail insurance, shop around for the best deal. Many of the online sites will offer the chance to compare companies. Insurance brokers specialize in finding you the best deals, so perhaps you should consider contacting them for your bobtail insurance needs.
Source: www.livetrucking.com
Cheap Bobtail Insurance
There are several factors and things to know when researching and trying to find the best, cheapest bobtail insurance rates. These are beyond those I mentioned above (insurance, rating, tickets, etc.) and truly do factor in to the overall cost.
