Insurance Business Liability

Sorry, lost me in a previous thread with your not paying taxes. We have some horrible loopholes to allow this sort of C#$%!

Sorry, lost me in a previous thread with your not paying taxes. We have some horrible loopholes to allow this sort of C#$%!

Do you know exactly? Do you have experience in such matters? This is not a loophole, it is an interstate agreement between the US and Ukraine on avoidance of double taxation. If I am a resident of another country and live in the country for more than 183 days, I have the right to pay taxes in the country of residence. IRS under this agreement has no right to demand the payment of taxes on that income again. I pay taxes, but in Ukraine. The American company is not required by law to keep these taxes do not have to pay pension and health insurance. I has long been working independent agent in US companies. They consulted with lawyers and accountants, they have been checking the tax service. No problem. All under the law.

Hello! I make a business plan for the cars hauler carrier company. Trailer for 10 cars. faced with the problem of the calculation of costs. included in the cost of insurance business liability. I spoke to several agents, but they ask me to provide data about the VIN of cars and driver's license. I can not provide this information, as it is just a business model. Please tell me the approximate cost of insurance business liability for $ 500 000. A one heavy truck, one driver, llc one owner. Transportation vehicles to 48 states.

I am an insurance agent. I have quoted and serviced many commercial trucking insurance policies over several years. I know that any vehicle registered to pull over 26000n lbs GVW hauling regulated freight is required to have a minimum of $750,000 liability. generally most shippers and brokers will not accept less than 1,000,000 limits of liability. In the car hauling business you will need higher cargo limits. not necessarily the liability, because liability is what is paid to other people. The damage to other people shouldn't be much different than any other truck on the road that gets into an accident. However, your cargo coverage will be higher due to the value of the cars you are hauling. (assuming you are hauling new cars) You should not have to provide the vin numbers on each vehicle you haul. normally on your bill of laden they will list the vehicles, And you should have an invoice with an idea to the value of your load. This will confirm you have sufficient limits on your cargo to protect the vehicles if they are damaged. If you need help give me a call. I deal with Missouri and Kansas policies at this time. But I would be more than happy to give you my inside opinion if you are outside that area as well. Have a great day!

Thanks for your reply! But you have not answered my question. I asked "what expenses I have to do." What kind of insurance premium I have to pay the agent for getting insurance for $ 750,000? If you have extensive experience in the insurance just write what about the amount I have to pay? $ 10,000, $ 50,000 or $ 100,000 ????? Nobody me not to say. This is a terrible state secret?

It's not a state secret, but if you have already been driving in the US, as you state, then why on earth can you not get a truck VIN#? Just go to a dealership and get one, or look online for one. Why is that so difficult?

If you no matter how VIN write select to your taste :). I have no CDL , I'm trying to find information on the costs related to the organization of this business. I appeal to you for help as a specialist in this matter. Just help me to get this information. I do not ask the exact amount, but at least you can say about the upper and lower amount? If you have previously insured such trucks, just tell sum. It is also very easy.

Igor says:

I'm trying to find information on the costs related to the organization of this business.

Why don't you contact a few commercial insurance agents? Their quotes would be accurate, any they just might have some advice to help you.

Igor- You now have a contact- Sariah M. Did you send her a PM- personal message? Another person wrote that you should have insurance agents lining up to sell you insurance- BUT you have to meet all of their requirements- Trucking is heavily regulated- 3000 regualtions.

Did you try other Trucking blogs?- maybe Truckers Report. Did you try Insurance blogs?

In the past I have looked for other types of insurance by requesting quotes on the Internet- I got all kinds of agents bothering me. You should be able to do the same.