r/HotshotStartup

…I feel like nobody really says that upfront

everybody talks about the money… nobody talks about what it actually takes to survive those first couple months

you’re not just buying a truck… you’re stepping into a whole setup most people aren’t ready for

real talk numbers from what I’ve been seeing:

insurance alone can hit like 12k–20k your first year depending on what you’re running

most brokers aren’t paying you right away either… you’re looking at net 30–45 so you could be working and not even see money for a month+

your MC doesn’t even go active instantly… usually takes a couple weeks… so that’s time where you’re just waiting while bills are still coming in

and if you don’t have at least 5k–10k set aside just to operate… fuel, food, random stuff that comes up… it gets tight fast

that’s honestly why a lot of people quit in like 60–90 days

not because they can’t drive… they just weren’t ready for how the business side actually works

I’ve seen too many people jump in thinking it’s easy money and get humbled quick

I started putting together everything I wish people knew before they even got their authority straight… just so they don’t walk in blind

if you want it just comment “vault” and I’ll send it over… no pressure either way

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u/ValorVetsInsurance1 — 12 days ago

I recently financed a 2024 Ram 2500 to do hotshot trucking (general freight). After contacting different carriers to work under their company USDOT, they tried adding me, my truck & 40ft trailer under their commercial insurance policy which is very basic, $1M liability and $100K Cargo. mostly through progressive.

The quotes are coming out insane rangine from $20,000 - $30,000 for 6 months. the owners on these carriers are paying around 6-8k for 6 months premium knowing they add their truck plus a 40ft trailers so why tf am i getting this huge number???

Allstate and Geico are no better. Im about to go crazy man, I got the truck, trailer and done all the paperworks to get on the road legally and now I'm stuck on the insurance part....

Can someone help me find a way to get lower insurance quotes. Who are yall insured by and how much is your premium? what truck do you drive? could it be the type of vehicle and finance status? I really dony know anymore. Im aiming for the lowest coverage as well which is coming up with crazy with crazy quotes.

any help would be appreciated to get me on the road ASAP.

Texas state. operate interstate. i might as well just aim for intrastate and do auto hauling if it gets me cheaper insurance.

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u/chilling_00101 — 8 days ago