Cheapest Owner Operators Truck Insurance Cost Apex, North Carolina
JDW Truckers Insurance can answer your questions regarding Cheapest Owner Operators Truck Insurance Cost Apex, North Carolina. We work with the top commercial truck insurance companies and will help you find affordable owner operators truck insurance.
We have a large network of commercial truck insurance companies Apex, North Carolina with high AM Best Rating so when JDW Truckers Insurance helps you get your owner operators truck insurance in Apex, North Carolina in place you will be insured by a financially stable commercial truck insurance company. This is important for many reasons. Contact JDW Truckers Insurance and our agents will review the reasons owner operators should choose their insurance company wisely. Not all owner operator truck insurance policy are created equally.
We will help you customize your owner operators trucking insurance policy to suit your needs and fit your budget.
From one application we can shop & compare commercial truck insurance rates for the top-rated commercial truck insurance companies for you. We will help you find the required commercial truck insurance coverages at affordable rates.
Here are some of the top 10 commercial truck insurance companies which offer commercial truck insurance quotes.
We know trucking and the commercial trucking insurance requirements
- Knight
- Trisura
- Berkley Prime
- Falls Lake
- Progressive
- Travelers
- Seneca
- Great Lakes
- Allied World
- Allianz
- Ace Hazmat
- ACE Fleet
- United Specialty
- Hudson Fleet
- Markel
- Chubb
- Tokio Marine
- National General
- Lexington
- AIG
- Great American
- ACE / Westchester
- NICO
- National Casualty / Nationwide
- Scottsdale Brokerage
- IAT
- Crum Forster
- Canal
- Northland
- USLI
- James River
- IFG – Burlington
- Penn-America
- Century
- Hallmark
- Carolina Casualty
- Protective
Auto Liability Insurance
- Your auto liability or primary liability will be the major cost for your trucking insurance policy. Although the FMCAS can only require $750,000 in most cases shippers will require $1,000,000 in primary liability insurance coverage before they will allow you to pick up loads.
- Primary liability insurance covers damages to third parties for bodily injury and physical damage to others property in the event of an accident.
Medical Pay
- In most cases this is a low cost add on to your primary liability insurance to cover medical expenses.
PIP – Personal Injury Protection
- Some states require this coverage and, in many cases, can reduce the need for Medical Pay.
- Personal injury protection (PIP), also known as no-fault insurance, covers medical expenses and lost wages of you and your passengers if you’re injured in an accident. PIP coverage protects you regardless of who is at fault.
Uninsured Motorist
- If you’re hit by a driver with no insurance…
- Uninsured motorist bodily injury (UMBI) may pay medical bills for both you and your passengers.
- Uninsured motorist property damage (UMPD) may pay for damage to your vehicle.
Underinsured Motorist
- If you’re hit by a driver with not enough insurance…
- Underinsured motorist bodily injury (UIMBI) may pay medical bills for both you and your passengers
- Underinsured motorist property damage (UIMPD) may pay for damage to your vehicle
Motor Truck Cargo
- MTC or Cargo insurance provides insurance on the freight or commodity hauled by a for-hire trucker. It covers your liability for cargo that is lost or damaged due to causes like fire, collision or striking of a load.
- If your load is accidentally dumped on a roadway or waterway, some cargo forms offer Removal Expenses coverage pays for removing debris or extracting pollutants caused by the debris. And can also pay for costs related to preventing further loss to damaged cargo through Sue and Labor Coverage and legal expenses in the defense or settlement of claims. Another option is Earned Freight Coverage to cover freight charges the customer loses because of an undelivered load.
- Cargo insurance deductibles can be set at $1,000, $2,500, $5,000 or even higher if you are self-insured.
- Cargo coverage limits are normally set at $100,00 but some shippers may have higher requirements depending on the cargo you are hauling.
- Cargo policies can have exclusions stating what cargo it will or will not cover.
Trucking Physical Damage Insurance (PD)
- Physical damage insurance coverages are designed to pay for losses to your equipment and damages to others equipment. (Others equipment must be listed on your policy).
- If you own or lease equipment. You may be required to have PD by bank or leasing company to carry a set amount of physical damage insurance and name them as a Loss Payee.
- PD can also cover damage to others equipment you are in possession of if the coverage is listed on your policy. An example would be non-owned trailer insurance coverage.
- Deductibles for physical damage range from $1,000 to $5,000.
- Required deductibles. If you have a loan on your equipment or it is leased. They bank or leasing company may have a minimum deductible you can have on your physical damage policy.
Excess Liability Insurance
- Excess liability can sometimes be called umbrella insurance.
- The excess liability policy sits on top of your primary liability policy.
- For example, if you have $1,000,000 in primary lability coverage and you have a claim which exceeds the policy limit of $1,000,000. In most cases that is all the insurance carriers will try to pay out for a claim.
- Excess policy coverage starts at $1,000,000 and go up.
- So, let’s say you say you purchased a $1,000,000 excess policy. Now if you have a claim that is $1,500,000. Your primary would pay the first $1,000,000 and your excess would pay the remaining.
General Liability Insurance for Truckers
- General liability insurance for truckers should not be confused with primary liability for truckers.
- Similar to primary liability. General liability offers coverages to pay for physical damage to other and/or bodily injury to others. BUT there is a difference between the two.
- For example, if you are loading or unloading and you cause injury to someone or their property this is when the general liability policy would respond.
- The actions of a driver while representing the insured and on the premises of others, such as loading docks and truck stops
- General Liability is normally offered $1,000,00 per occurrence and $2,000,00 aggregate. What does this mean?
- It the insurance company will pay up to $1,000,000 for any one claim and no more than $2,000,000 per year for the total of all claims.
- General liability can be required by shippers and other companies such as the UIIA and flatbed operations.
- If there is any chance you might be involved in loading or unloading. General Liability is relatively inexpensive and is an advised coverage.
Non-Owned Trailer Insurance vs Trailer Interchange (TI)
- Both are insurance coverages are designed to cover damage to others trailers.
- Deductibles for either can range from $1,000 to $5,000.
- Coverage limits for either can range from $25,000 and up depending on the requirements of the company and/or shipper freight you are hauling for.
The difference between Non-Owned Trailer coverage and Trail Interchange coverage
- Non-owned trailer insurance covers physical damage to the trailer only when attached to a truck. And no written agreement is place.
- Trailer Interchange requires a written trailer interchange agreement to be in place. It can provide protection when you have care, custody and control of one, or many, trailers. Whether the trailer is attached to your truck or not.
Apex is a town in Wake County, North Carolina, United States. At its southern border, Apex encompasses the community of Friendship. In 1994, the downtown area was designated a historic district, and the Apex train depot, built in 1867, is designated a Wake County landmark. The depot location marks the highest point on the old Chatham Railroad, hence the town’s name. The town motto is “The Peak of Good Living”.
In the late 19th century, a small community developed around the railroad station. The forests were cleared for farmland, much of which was dedicated to tobacco farming. Since Apex was near the state capital, it became a trading center. The railroad shipped products such as lumber, tar, and tobacco. The town was officially incorporated in 1873. By 1900, the town had a population of 349. As of the 2020 census, its population was 58,780.
The population boom occurred primarily in the late 1990s. The Research Triangle Park, established in the 1960s, created strong demand for technology workers. This also drove population growth. Apex is currently the 18th-largest municipality in North Carolina.
In 2015, Apex was named the number-one place to live in America, according to Money magazine.
The town is a suburb of both Raleigh and Research Triangle Park (RTP). It is situated to the southwest of Raleigh with direct highway access via US 1. Apex is south of RTP with direct highway access via NC 540. Apex crests the watersheds of both the Neuse and Cape Fear Rivers. Neighboring towns include Cary to the north and northeast, Holly Springs to the south, and Raleigh to the east and northeast.
The town of Apex was incorporated in 1873. According to the North Carolina History Project, the town was named for its location as the highest point on a portion of the Chatham Railroad, which ultimately extends between Richmond, Virginia, and Jacksonville, Florida. According to a 1905 USGS publication on place names, the name refers to the highest point between Raleigh and the Deep River.
Apex grew slowly through the succeeding decades, despite several devastating fires, including a 12 June 1911 conflagration that destroyed most of the downtown business district. The town center was rebuilt and stands to this day, now one of the most intact railroad towns in the state. At the heart of town stands the Apex Union Depot, originally a passenger station for the Seaboard Air Line Railroad and later home to the locally supported Apex Community Library. The depot now houses the Apex Chamber of Commerce.
Apex suffered mild setbacks during the Great Depression era, but growth began again in earnest in the 1950s. The town’s proximity to RTP spurred additional residential development, yet the town managed to preserve its small-town character. During the 1990s, the town’s population quadrupled to over 20,000, placing new demands upon Apex’s infrastructure.
Apex has continued to grow in recent years. A sizable shopping center was built at the intersection of Highway 55 and US 64, and several new neighborhoods have been built as the town grows toward the west.
In October 2006, a chemical explosion and fire in a waste-processing facility prompted one of the largest evacuations in U.S. history. There were few serious injuries, and residents were soon able to return home. In 2009, a federal court approved a $7.85M settlement to compensate Apex residents affected by the disaster. Each household received $750. Businesses received $2,200.
In addition to the Apex Union Depot, the Apex City Hall, Apex Historic District, Calvin Wray Lawrence House, and Utley-Council House are listed on the National Register of Historic Places.
Apex’s council-manager form of government has a mayor and five council members (one of whom serves as mayor pro tem), who are each elected at-large in staggered four-year terms. The town’s attorney and manager serve at the pleasure of the council. All the other staff report to the town manager and manage the town’s day-to-day business.
The town is led by Mayor Jacques K. Gilbert, elected in 2019. The council members, in order of tenure, are: Brett D. Gantt (2017), Audra M. Killingsworth (2017), Terry J. Mahaffey (2019), Ed Gray (2021), and Arno Zegerman (2023).
In the North Carolina House of Representatives, Apex is represented by Julie von Haefen (District 36), Erin Paré (District 37), and Gale Adcock (District 41). In the North Carolina Senate, Apex is represented by Sydney Batch (District 17). In the United States House of Representatives Apex is represented by Deborah Ross (NC-02) and Wiley Nickel (NC-13).
As of the 2020 United States census, 58,780 people, 18,197 households, and 14,027 families reside in the town.
As of the census of 2010, 37,476 people, 13,225 households, and 9,959 families resided in the town. The population density was 2,437.9 people per square mile. The 13,922 housing units had an average density of 905.8 per square mile. The racial makeup of the town was 69% White, 7% African American, 12% Asian, 3% from other races, and 9% from two or more races. Hispanics or Latinos of any race were 8% of the population.
Of the 18,197 total households, 14,027 (77%) were family households, of which 46% had children under 18 living with them, 63% of the family households were married couples living together, and 11% had a female householder with no husband, 4,170 households were not families, comprising 23% of total households. The average household size was 3.12, and the average family size was 2.81.
According to the 2020 Comprehensive Financial Report for Apex, these were the town’s top employers:
Apex’s public schools are operated by the Wake County Public School System.
Over 4,000 students are enrolled in two public high schools in Apex, Apex Friendship High School and Apex High School.
Public middle schools include:
Public elementary schools include:
Private schools:
Charter schools:
Apex Utilities provides water/sewer, electricity, garbage, recycling, and yard waste pickup. Natural Gas is provided by PSNC.
Emergency, primary, and specialist care is provided at the WakeMed Apex Healthplex.
Fire protection is provided by the Apex Fire Department operating from five stations with a sixth under construction.
Police service is provided by the Apex Police Department.
The Apex Parks, Recreation & Cultural Resources department manages many parks, greenways, and sport programs, including a skate park near downtown.
Major parks include:
There are both youth and adult sport programs:
