Cheapest Owner Operators Truck Insurance Cost Fairborn, Ohio
JDW Truckers Insurance can answer your questions regarding Cheapest Owner Operators Truck Insurance Cost Fairborn, Ohio. 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 Fairborn, Ohio with high AM Best Rating so when JDW Truckers Insurance helps you get your owner operators truck insurance in Fairborn, Ohio 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.
Fairborn is a city in Greene County, Ohio, United States. The population was 34,620 at the 2020 census. Fairborn is a suburb of Dayton, and part of the Dayton Metropolitan Statistical Area.
It is the only city in the world named Fairborn, a portmanteau created from the names Fairfield and Osborn. After the Great Dayton Flood of 1913, the region and state created a conservation district here and, in the 1920s, began building Huffman Dam to control the Mad River. Residents of Osborn were moved with their houses to an area alongside Fairfield. In 1950, the two villages merged into the new city of Fairborn.
The city is home to Wright State University, which serves nearly 12,000 undergraduate and graduate students. The city also hosts the disaster training facility known informally as Calamityville.
Fairborn was formed from the union in 1950 of the two villages of Fairfield and Osborn. Fairfield was founded by European Americans in 1816 and Osborn in 1850.
The area of the village of Fairfield was settled by European Americans before Ohio was admitted as a state. The first log cabin was built in 1799 by George Greiner. Pioneers migrating northward and westward from Kentucky and Virginia considered this area near the Mad River desirable for settlement. They were encroaching on territory of the native Shawnee, who sometimes raided the village. Settlers retaliated. No massacres were recorded but both sides engaged in taking prisoners.
Two local accounts relate to the origin of the name “Fairfield”. A local Native American chief, possibly a Shawnee, made peace and exchanged prisoners with leaders of the settlement. He said to William Cozad that, when he looked out from Reed’s Hill over the town,
The other possible source for the name is after a Fairfield in England.
Nearby Osborn was named after the superintendent of the railroad named E.F. Osborn. The settlement allowed the railroad to be built through it after the nearby town of Fairfield had refused such construction. Many of the original houses of old Osborn can be found in Fairborn’s Historic Osborn District, where they were moved during the early 1920s.
From 1950–1970, the city grew to six times its former population, surpassing Xenia (the county seat) as the most populous city in the county, due largely to development and expansion of the nearby US Air Force Base. Southwestern Portland Cement, another major employer in the region, operated the largest factory in the city during this period, mining the locally exposed Brassfield Formation.
Until the mid-1960s, the city of Fairborn prohibited African Americans from living there and declared it was a sundown town. Officials at Wright-Patterson Air Force Base are credited with working with the city residents to end such policies, especially as the United States military was integrated beginning in 1948.
The development of Interstate 675 began in the 1960s to serve as an eastern bypass of Dayton. In the early 1970s, construction began on the northernmost part of I-675, just east of Fairborn. The first segment terminated at N. Fairfield Road (exit 17). No further construction was done for over a decade. This section was jokingly referred to by some as “Fairborn’s private Interstate”. Dayton Mayor James H. McGee opposed the highway, contending (accurately) that it would draw economic development out of the city into the suburbs, a pattern that took place in many other cities. I-675 was eventually completed by 1987.
Fairborn’s growth slowed in the 1970s. It has resumed at a moderate pace since the late 1980s. It has since been surpassed by neighboring Beavercreek in population.
In 2007, many residents of Fairborn continue to work at nearby Wright-Patterson Air Force Base, the home of the Air Force Materiel Command. It has been described as the largest, most diverse and organizationally complex base in the Air Force.
Many also work at or attend Wright State University, a university that became independent in 1967. From a small cluster of buildings, it has grown into a major campus with almost 20,000 students. Though Wright State has a Dayton address, it is legally within Fairborn jurisdiction. Wright State University has its own Police officers, who are fully sworn through the State of Ohio.
Fairborn is the home of the largest elementary school in Ohio, Fairborn Primary School. Its students included children of military assigned to the Air Force base.
Fairborn hosts an annual Sweet Corn Festival every August and the USAF marathon every September. It also has an annual 4th of July Parade. The Fairborn Wee Hawks Pee Wee Football teams are based here.
According to the United States Census Bureau, the city has a total area of 13.17 square miles (34.11 km), of which, 13.16 square miles (34.08 km2) is land and 0.01 square miles (0.03 km) is water.
As of the census of 2010, there were 32,770 people, 14,306 households, and 7,995 families residing in the city. The population density was 2,458.4 inhabitants per square mile (949.2/km2). There were 15,893 housing units at an average density of 1,207.7 per square mile (466.3/km). The racial makeup of the city was 84.8% White, 7.7% African American, 0.3% Native American, 3.1% Asian, 0.1% Pacific Islander, 0.8% from other races, and 3.1% from two or more races. Hispanic or Latino people of any race were 2.4% of the population.
There were 14,306 households, of which 26.3% had children under the age of 18 living with them, 36.7% were married couples living together, 14.4% had a female householder with no husband present, 4.8% had a male householder with no wife present, and 44.1% were non-families. 32.7% of all households were made up of individuals, and 8.8% had someone living alone who was 65 years of age or older. The average household size was 2.24 and the average family size was 2.85.
The median age in the city was 32.4 years. 20.4% of residents were under the age of 18; 16.7% were between the ages of 18 and 24; 26.3% were from 25 to 44; 23.4% were from 45 to 64; and 13.2% were 65 years of age or older. The gender makeup of the city was 48.9% male and 51.1% female.
As of the census of 2000, there were 32,052 people, 13,615 households, and 8,019 families residing in the city. The population density was 2,453.4 inhabitants per square mile (947.3/km2). There were 14,419 housing units at an average density of 1,103.7 per square mile (426.1/km). The racial makeup of the city was 87.28% White, 6.27% African American, 0.40% Native American, 3.32% Asian, 0.06% Pacific Islander, 0.53% from other races, and 2.14% from two or more races. Hispanic or Latino people of any race were 1.69% of the population.
There were 13,615 households, out of which 26.7% had children under the age of 18 living with them, 42.8% were married couples living together, 12.4% had a female householder with no husband present, and 41.1% were non-families. 31.0% of all households were made up of individuals, and 8.3% had someone living alone who was 65 years of age or older. The average household size was 2.28 and the average family size was 2.86.
In the city the population was spread out, with 21.0% under the age of 18, 18.4% from 18 to 24, 29.3% from 25 to 44, 19.7% from 45 to 64, and 11.6% who were 65 years of age or older. The median age was 31 years. For every 100 females, there were 94.7 males. For every 100 females age 18 and over, there were 91.7 males.
The median income for a household in the city was $36,889, and the median income for a family was $44,608. Males had a median income of $34,853 versus $25,353 for females. The per capita income for the city was $18,662. About 8.9% of families and 14.2% of the population were below the poverty line, including 15.5% of those under age 18 and 7.7% of those age 65 or over.
Fairborn is served by a branch of the Greene County Public Library.
