This content was created by Hunter Nelson. This content was uploaded by Hunter Nelson. This is a YouTube video titled "Trucking Insurance: Rates Change Monthly, Never Higher!" featuring Hunter Nelson discussing a trucking insurance plan where rates can change monthly but will not exceed the starting premium, with a focus on how mileage affects the cost.
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That twist is going to be that your guys's rates can change every single month, but it will not go above the starting premium. So there is no downside to the changing rates. Okay, so let's say you guys have 10 trucks and they quote you at a hundred thousand dollars for the year. Okay, you're $100,000 for the year. And you guys, you know that's based off a million miles. Okay, so like 10 cents a mile and you go drive and you do your monthly miles, whatever. And it's most called 120,000 a year. Just for simple math. Now it's 10,000 bucks a month. Well, let's say it drops onto 119,000 the next month for the yearly premium, then 118, 117 every single month. Your rate per mile is going to get slightly cheaper. Now it again is going to depend off of, you know, how many miles you're driving. So it's not like it's a set rate. You could pay more the next month, but that's if you're going to drive a lot more miles Now.