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Posts Tagged ‘truck’

New York Automobile Insurance – Save Your Money!

May 14th, 2018 Comments off

New York vehicle coverage laws:

$25,000 Bodily Injury Liability; $50,000 for an injury causing death; $50,000 for an injury of two or more people in the other party; $100,000 death of two or more people of the other party, $25,000 Uninsured Motorist insurance coverage; $50,000 max $50,000 minimum Personal Injury Protection $10,000 minimum Property Damage Liability

New York’s no-fault system states that each party pays for their own injuries, no matter who caused the accident. Personal Injury Protection will cover medical help for the driver, passengers, and any pedestrians who were struck by the car.

If Personal Injury Protection coverage will pay for each party’s needs, why must New Yorkers also possess Bodily Injury Liability? If another party takes out a lawsuit, claiming you were at fault for an accident, your Property Damage Liability and Bodily Injury Liability should cover those costs. In order to file a lawsuit over an auto accident in New York, one’s injury must be deemed “serious”, or costs must exceed the Personal Injury Protection coverage.

In order to register a vehicle in New York, you must show a valid coverage card and have your vehicle coverage company send an electronic file to the DMV. If any lapses in coverage occur, the Department of Motor Vehicles will send a notice through the mail. If you know your coverage will lapse for any reason, you must give your license plates to the Department of Motor Vehicles in order to avoid suspensions. Additionally, all New York vehicles must be insured by a vehicle coverage company that is authorized by the New York coverage Department.

If your car insurance lapses for less than 90 days, you may opt to pay a penalty rather than submit your license plate. For the first thirty days you will pay eight dollars per day. The next thirty days will bring a charge of ten dollars a day. From then on until day 90, the charge will by twelve dollars a day. This means you could end up paying $900 in fees.

Instead of worrying about fees and surrendered license plates, stay organized and find vehicle coverage at a great cost! Searching for vehicle coverage on the web is the easiest way to compare prices. Some online sites will give you many price quotes, which is the The majority efficient way of shopping for vehicle coverage. While searching for price quotes, don’t forget factors like age, profession, driving record, security features, and credit rating can all play a part in lowering your payments. Happy shopping!

Look for new york auto insurance quotes? If so go to our website to get the best quick car insurance quotes!

The Pitfalls of Budgeting For Your Trucking Business

October 5th, 2013 Comments off

One topic I would like to bring up to owner operators is the topic of budgeting. In the last few years, with the economic climate being how has been, expenses have been at the top of everyone’s mind. Although you may be able to analyze and plan your budget all day in the trucking business, you may find that it does not do you a bit of good. The best case scenario is always the most fun to plan for, but you need to focus on planning for the worst case scenario. Items such as the distance you will drive and the rates you are paid can be very predictable. However, the most vital aspect that becomes very difficult to predict is the amount of maintenance your truck may require.

You may have heard that a truck that has hundreds of thousands of miles on it runs like a Swiss watch, and you might have a brand new truck that never seems to get out of the shop. Sometimes it’s just the luck of the draw. Just like any machine that runs every day, eventually it WILL break down. When it does break down, it’s usually tough to get through the shop and get back on the road for less than $1000. This is why you need to be prepared for these instances. If you’re ready, these repairs are just a business setback instead of a major business killer.

On each truck that is from the year 2005 or newer at Lone Mountain Truck Leasing, we bundle a one year/100,000 mile warranty on the engine. This warranty coverage is responsible for covering a significant number of the major components that would result in what we refer to as a “catastrophic failure.” In general, fixes like these will generally be in the range of $5,000 to $25,000. Even though these types of repairs do not happen frequently, you still need to be prepared for the other, not-as-significant items that could threaten to put your company out of business if you are not prepared.

A general rule to to abide by is to set aside a minimum of five cents per mile for maintenance. This, as always, will change depending on how many miles you have on your truck, how old it is, and how many miles you’re adding to the truck during the course of a given year. Five cents per mile is always a good place to start though. If you do not put anything aside and hope to only change the oil over the next year, you probably will not be successful very long as an owner operator.

This economy shows that the trucking business (similar to any other business) requires to you to frequently monitor your expenses to try to keep a financial cushion when times to begin to become bad. When the need for truck repairs come around (and they always will come around) you will be well prepared for them. Recovering quickly from these types of problems to get back on the road is the key point to stay successful in this business.

Are you searching for today’s best truck leasing provider? At Lone Mountain Truck Leasing we offer semi truck financing, allowing you to become an owner operator quickly and easily.

New York Auto Insurance – Save Money Now!

January 23rd, 2012 Comments off

New York vehicle coverage laws:

$25,000 Bodily Injury Liability; $50,000 for an injury causing death; $50,000 for an injury of two or more people in the other party; $100,000 death of two or more people of the other party, $25,000 Uninsured Motorist insurance coverage; $50,000 max $50,000 minimum Personal Injury Protection $10,000 minimum Property Damage Liability

New York’s no-fault system states that each party pays for their own injuries, no matter who caused the wreck. Personal Injury Protection will cover medical help for the driver, passengers, and any pedestrians who were struck by the vehicle during the crash.

If Personal Injury Protection insurance coverage will pay for each party’s needs, why must New Yorkers also possess Bodily Injury Liability? If another party takes out a lawsuit, claiming you were at fault for an accident, your Property Damage Liability and Bodily Injury Liability should cover those costs. In order to file a lawsuit over an car accident in New York, one’s injury must be deemed “serious”, or costs must exceed the Personal Injury Protection insurance coverage.

In order to register a vehicle in New York, you must show a valid coverage card and have your vehicle coverage company send an electronic file to the Department of Motor Vehicles. If any lapses in coverage occur, the Department of Motor Vehicles will send a notice through the mail. If you know your coverage will lapse for any reason, you must give your license plates to the Department of Motor Vehicles in order to avoid suspensions. Additionally, all New York vehicles must be insured by a vehicle coverage company that is authorized by the New York coverage Department.

If your vehicle coverage expires for less than ninety days, you may opt to pay a penalty rather than submit your license plate. For the first thirty days you will pay eight dollars per day. The next thirty days will bring a charge of ten dollars a day. From then on until day 90, the charge will by twelve dollars a day. This means you could end up shelling out $900 in costs.

Instead of worrying about fees and surrendered license plates, stay organized and find vehicle coverage at a great cost! Searching for vehicle coverage on the web is the easiest way to compare prices. Some online sites will give you many price quotes, which is the The majority efficient way of shopping for vehicle coverage. While searching for price quotes, don’t forget factors like age, profession, driving record, security features, and credit rating can all play a part in lowering your payments. Happy shopping!

Look for new york auto insurance quotes? If so go to our website to get the best quick auto insurance quotes!