I dont really need a gooseneck trailer but for $250 I figured I couldnt go wrong and had planned on getting a skid steer to do some side work eventually. but in the mean time I figured I could haul equipment for some local people. does anyone on here do it? how do you charge? also I need to know what some things about insurance and licenses for hauling this trailer. from what I understand if the trailer weighs less than 1K you dont need to insurance for it. But I'm pretty sure this one weighs 1k. then insurance will ask if it is for commercial or personal. How many people tell their insurance its for personal instead of commercial? whats the cost difference. Im just looking for things like that to get an idea on cost of start up
yeah crazy! right? my friend bought it for $500 and never used it. we were drinking beers and I told him I would give him $250 for it. He said sure. so now I have a trailer.
back to the subject at hand Well, I personally don't carry ins on the trailer as I generally only haul for myself and a few friends. You might want cargo ins. Most people want their items protected. I was charging $1.50/mile loaded, but recently had to up it to $2.00/mile due to fuel increases. It also depends on what type of trailer you have IE: weight, plated for weight, length and such. What are you pulling it with? This is the very basic and primative. There are others who know FAR more than I. Scott
You don't usually pay for insurance on the trailer. Your registration licensing fees are so high for these trucks because you are paying for what it CAN tow. The state basically is charging you for your pickup AND the maximum trailer size that it can pull. It's like being billed for both the pickup and a trailer hooked to it 100% of the time. Depending on the insurance you have, but it could be the same way, just depends. Usually in a commercial application you carry commercial insurance on the truck, and there again you are getting charged for the maximum weight and what not that, that vehicle can carry 100% of the miles it sees. What you will technically need is cargo insurance. That type is seperate and covers any damage incurred to your cargo onboard if you had an accident, stuff was stolen, ruined somehow etc.
define local people... or rather, where do you live? laws are different in EVERY state. RJF is off a bit on what they charge you for Reg/LIC fees. i just changed my plates from CA to OR and live in PA. long story, im legal, i wont get into it. in CA the tag fees are based on HOW MUCH the ride would have costed. read, "sticker value". IIRC 10% is the figure they use. thats EVERY year. in oregon, its a plate fee of around 45 dollars one time, then 35 dollars a year. that is for ANYTHING in a 26,000lbs or less C range, excluding special rides like motorcycles and taxis to give a bit of insite. to get EVERYTHINGyou NEED, you will have a TON of paperwork to do to be LEGAL. key words in there... you need to get a DOT number, you SHOULD think about starting an LLC or INC and you SHOULD get a class B CDL at the minimum, even though its not NEEDED. it will keep some badges off you rback a bit. for insurance, an umbrella policy for the cost of you, your truck, your trailer, and 1.5 times the average cost of an average load. ill make that simple, you want to cary 750,000.00 to 1,000,000.00 dollars of coverage. again, this is all the LEGAL NEEDS. AKA the "Right way" can it be done without this stuff? any day of the week. but you have to asses the risks, and the +/-'s of the situation. being overweight CAN be costly with or without a mishap. you can look into getting your truck registered as a commercial vehicle, appropriated tags, and the trailer made so no other vehicle can pull it. there are a ton of loopholes, but grey areas in the law can make grey areas in the court house. there is a TON more to it, but this is the big stuff... to get started on. now, not to be scary on ya, i pull for a guy every couple of sundays here and there for 500.00 a trip. i dont have ANY of that stuff. BUT its just added CASH that i get and in the end, its a once a month deal and i only pull for 100 miles total each time if not less. but he doesnt have my trailer, and he cant pull my trailer with his truck. so he is renting me, my truck and my trailer.
this guy towed my truck on a parade last year at holloween. by the time i was done with him, he gave me my truck back for free and offered me work... lol its 500 dollars for 500 miles because the risk of getting shot at is HIGH! i carry two guns on me and a shot gun in the truck. plus he is with me with another on him. repo man! have yet to be shot at out here. he knows if a gun is drawn on me then i back off the item being taken and still get my 500.00, if shots are fired i get 3 grand. if i get the item or not. waytogo
