- The age of the truck;
- Make and model of the truck;
- Personal and Individual maintenance decisions;
- The quality of the maintenance.
However, the most common trucking expenses related to maintenance is the tires repair or purchase, and they can vary too. It will all depend on things like:
- Do you buy new or used tires?
- Type of the tires;
- Number of tires you have,
- Miles run with one set of tires;
- The weight of the load you are hauling;
- Wear patterns of the truck, etc.
Insurance Expenses
One of the trucking expenses that are there month after month, and cannot be avoided is the insurance cost. There are all sorts of insurances out there, from which you can choose.
You can have one or many insurance expenses, it all depends, but the most common are:
- Truck Insurance;
- Collision and/or comprehensive insurance;
- Bobtail and/or deadhead insurance;
- Accidental insurance;
- Health insurance; (You can technically go without it, but that’s not a smart idea because there are penalties for that under the Affordable Care Act.)
- Disability insurance;
- Cargo insurance;
- Workers compensation insurance…
The insurance cost for a single truck is anywhere from $5,000 to $10,000 but there are really no upper limits. With other words, it will all depend on which insurance coverage you choose. Bigger coverage means bigger payment so it’s up to you which one you are going to use.
Some insurance are required and mandatory while others are more of a personal choice. Insurance premiums are good to have if you can afford them, of course. Even as a local delivery driver you should have them, and that is even more truth when you are a felon truck driver! Owner Operators should have them too of course!
One thing is sure thought. If you want more extensive coverage then you will pay more. As simple as that!
