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insurance

Jun 07, 2019 at 08:19 AM CST
+ 1
tell how much cargo insurance do you guys with hoppers and dump trailers carry
Replied on Fri, Jun 07, 2019 at 12:39 PM CST
George , You have to check with you shippers and see what you need to meet the cost of the product of the shipper/ customer I ask for 50,000 plus for my hoppers
Replied on Fri, Jun 07, 2019 at 12:39 PM CST
40,000 for anything ag related is plenty. figure 1000 bushel of soybeans at 9 dollars is only 9,000
Replied on Fri, Jun 07, 2019 at 03:49 PM CST
Originally Posted by: STEVE BREKER
Quote: "George , You have to check with you shippers and see what you need to meet the cost of the product of the shipper/ customer I ask for 50,000 plus for my hoppers "

Steve why do you require 50000? In 200000 miles I haven't put more than 20000 dollars value in my hopper. I'm sure you have a reason, but to me it seems unnecessary
Replied on Sat, Jun 08, 2019 at 04:11 PM CST
Originally Posted by: DALE HERMANS
Quote: "Steve why do you require 50000? In 200000 miles I haven't put more than 20000 dollars value in my hopper. I'm sure you have a reason, but to me it seems unnecessary "

What do you think a load of traited corn seed is worth?
Replied on Sat, Jun 08, 2019 at 04:11 PM CST
Originally Posted by: STEVE BREKER
Quote: "George , You have to check with you shippers and see what you need to meet the cost of the product of the shipper/ customer I ask for 50,000 plus for my hoppers "

I haul fertilizer and that company requires 100000. Don’t know. I assume if an accident epa issues or cleanup never asked. It is work and pays good at 72 ton a load. With pup

Replied on Sun, Jun 09, 2019 at 07:37 AM CST
Originally Posted by: JOHN JACOBS
Quote: "What do you think a load of traited corn seed is worth?"

Yes, 280 per unit. Not many people haul treated seed in a hopper. That's a specialized situation. I haul mostly organic and I won't haul for someone that requires 100k on a 20k valued load. I'd be 90 percent of people in bulk hopper industry never put more than 10k in the trailer except for a few specialized loads. If you have 50k in insurance that leaves 40000 for cleanup

Replied on Sun, Jun 09, 2019 at 07:37 AM CST
I don't have a problem having whatever is required for insurance as long as I'm paid for it. I dont see the sense on having overkill for pulling a load that only pays 2 bucks like most hopper loads. I need to have more insurance now that I pull a tanker, but I'm also paid triple per mile over a hopper
Replied on Mon, Jun 10, 2019 at 07:30 AM CST
+ 1
Originally Posted by: DALE HERMANS
Quote: "Yes, 280 per unit. Not many people haul treated seed in a hopper. That's a specialized situation. I haul mostly organic and I won't haul for someone that requires 100k on a 20k valued load. I'd be 90 percent of people in bulk hopper industry never put more than 10k in the trailer except for a few specialized loads. If you have 50k in insurance that leaves 40000 for cleanup "

That doesn't leave $40,000 for cleanup - cargo covers the loss of the cargo - cleanup is covered under liabilty

Replied on Mon, Jun 10, 2019 at 07:30 AM CST
Insurance is a sore subject. However after a claim its soooooo much better having to much. Its rare i have to much of something good.

Art Pfluger
Replied on Mon, Jun 10, 2019 at 09:43 AM CST
Well if you haul some hybid seed , and some of the other high dollar feed product and i see a few load a month that is at 50,000 or more that we run haul that is way
Replied on Mon, Jun 10, 2019 at 01:29 PM CST
Originally Posted by: WES WALTON
Quote: "That doesn't leave $40,000 for cleanup - cargo covers the loss of the cargo - cleanup is covered under liabilty "

I didn't know that