Dump Truck Insurance

[mike48130]

Anyone have a private owned dump truck? I am looking to get a rough estimate on insurance cost. I have some equipment that I wanted to move over the years, and thought maybe just but a dump truck and trailer. I would have use for the truck several times a year.

I am looking at older 1980's or 90's dump trucks and possible F450's with a dump bed, but the older ones don't seem to have the towing capacity I need for a 18K GVWR trailer.

In Michigan.

 

[crashz]

Yes - I have a 2003 F450 dump. I love it.

Insurance is basic Liability, but due to the GVWR, I had to get a commercial policy. Got it through Progressive for a bit over $650 a year. But... insurance costs are vastly different by area, mine went way down when I moved to NH from MA.

BTW - my insurance is a commercial policy due to weight, but its registered as a personal vehicle. According to our RMV, its fine as insured and registered. I do not need DOT numbers, company name etc.

 

[Tomtint]

I have a 17 F450 4x4 dump. It's personally ones but the people's republic of Mass makes me put a commercial plate on it, pay commercial insurance and now I'm told I need a DOT number on the doors.

 

[3Ts]

For a privately owned dump truck check with Progressive. They're the only ones I know that will do it.

 

[mini14]

I have an 18k gvw cab over dump and have geico, I insure truck and trailer in NY both have to have it for business use. I pay $1400 for both with collision on truck

 

[4570Man]

I have 2 dump truck a 6500 and a 3500. They cost me about $500 a year total for commercial insurance. A 26,000 pound farm tag cost $160 in Tennessee and 26000 pound H commercial tag cost close to $500. If you’re concerned about staying under 26,000 a F-450 would be better. My 6500 truck and 10 ton pintle hook trailer weighs 17,500 empty. A 6500 class dump truck is a lot better value than a 450 if money is a concern. I like towing with my 6500 too. I can move my machine and a load in the bed where the 450 is done with just the machine.

 

[nyone]

A dump truck of that age will prob have less real world towing capacity than a dual wheel truck of the same type. The truck will be a whole he'll of a lot cheaper to Insure too.

My 95 k3500 dump was $1200 to Insure the first year. I hadn't had a ticket in about 8yrs. I almost sold the thing right there ad I only paid $800 for the truck. 2 years later the price was down to $500 for a year. It paid for its self plus some plowing.

If I was to do it again I would be looking for a 1ton pickup and get a dump insert. 1ton trucks are more likely to be someone's baby. Dumps are more likely to be someone's red headed step child. My dump has 152k on it. That's a lot of miles for a dump truck, you have to figure that it's more than likely loaded half it's life.

 

[fried1765]

I have a 17 F450 4x4 dump. It's personally ones but the people's republic of Mass makes me put a commercial plate on it, pay commercial insurance and now I'm told I need a DOT number on the doors.

I like to call it : DPRT (Democratic Peoples Republic of Taxachusetts)
Sounds very official.

Like in : DPRK - Democratic Peoples Republic of (North) Korea - Kim Jong Un's lovely country.

 

[GSVette]

My LN700 runs about 650/yr for liability. Originally insured under a commercial policy at around 1200/yr then relicensed with agricultural exemption.

 

[Budweiser John]

Medium to heavy truck regulations are getting out of control.
So a guy owns a small farm or construction company and has a need for something other than a pick up and a whole new world unfolds starting with insurance, vehicular licensing and at least in Michigan operator licensing. I once owned a F550 with a Stahl tool body, drive it new off the lot and got tagged for not having a chauffeurs license and DOT medical card. Over 26K would have required a CDL. Also required were annual safety inspections for both the truck and a 14K dump trailer I used for material hauling and debris removal. BTW the safety certificates must be on board the vehicle all time. There were also some restrictions on travel distance but after seven years of retirement those details escape me.
Compare the hoops a truck owner must jump through to the ownership of an RV. Virtually anyone can buy a giant diesel pusher motor home, hang a car off the rear bumper, clime aboard with an ordinary operators license and hit the road irregardless of age, medical condition or experience. Same senerico with those ‘boxcar’ sized 5th wheel rigs being towed by wimpy half ton pick up trucks.
Not suggesting the DOT crowd get involved in the RV industry but they could lay off the little guy trying to make a decent living.

B. John