Cheapest Owner Operators Truck Insurance Cost Homestead, Florida
JDW Truckers Insurance can answer your questions regarding Cheapest Owner Operators Truck Insurance Cost Homestead, Florida. 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 Homestead, Florida with high AM Best Rating so when JDW Truckers Insurance helps you get your owner operators truck insurance in Homestead, Florida 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.
Homestead is a city within Miami-Dade County in the U.S. state of Florida, between Biscayne National Park to the east and Everglades National Park to the west. The population was 80,737 as of the 2020 census. Homestead is primarily a Miami suburb and a major agricultural area. It is a principal city of the Miami metropolitan area, which was home to an estimated 6,012,331 people at the 2015 census. It is located approximately 26 miles (42 km) southwest of Miami, and 25 miles (40 km) northwest of Key Largo.
The city of Homestead is located near the southern terminus of the Homestead Extension of Florida’s Turnpike where it ends at its junction with U.S. 1. Homestead is immediately north and east of Florida City, and these two cities comprise the greater Homestead-Florida City area. Some of the notable unincorporated communities in the area are Redland, Leisure City, Naranja, and Princeton.
Homestead was incorporated in 1913 and is the second oldest city in Miami-Dade County next to the city of Miami. The name originates from when the Florida East Coast Railway extension to Key West was being built. The rail line was passing through an area opened up for homesteading, and as the construction camp at the end of the line did not have a particular name, construction materials and supplies for the workers were consigned to “Homestead Country”, shortened to “Homestead” by the engineers who mapped the area. Homestead and neighboring South Miami-Dade County communities bore the brunt of Category 5 Hurricane Andrew on August 24, 1992.
According to the United States Census Bureau, the city has a total area of 14.4 square miles (37 km). 14.3 square miles (37 km2) of it is land and 0.1 square miles (0.26 km) of it (0.63%) is water.
Homestead is a small-sized city. At its greatest north-south points – along SW 137th Avenue (Speedway Boulevard) – its city limits extend only 4 miles (6 km) – from SW 288th Street (Biscayne Drive) at the north end to (theoretical) SW 352nd Street at the south end. At its greatest east-west points – along SW 328th Street (North Canal Drive / Lucy Street) – its city limits extend 6 miles (10 km) – from (theoretical) SW 132nd Avenue at the east end to SW 192nd Avenue at the west end. U.S. 1 – known as Homestead Boulevard within the city limits – extends through a rather narrow northeast / southwest corridor of the city from SW 304th Street (Kings Highway) at the north end to SW 328th Street (Lucy Street) at the south end. It is at this point at the south end that Homestead and Florida City share a common border. (North of the north end at SW 304th Street is known as Unincorporated Miami-Dade County, but it is locally known as the community of Leisure City).
Major east-west streets within Homestead include SW 304th Street / NE & NW 15th Street (Kings Highway), SW 312th Street / NE & NW 8th Street (Campbell Drive), SW 320th Street (Mowry Drive), SW 328th Street / SE & SW 8th Street (North Canal Drive / Lucy Street), and SW 344th Street / SE 24th Street (Palm Drive).
The original Homestead Air Force Base was once located several miles to the northeast of Homestead, but due to annexation of formerly unincorporated land immediately to the east and northeast of the original city limits during the late-1990s the city and the far southwestern perimeter of the (now) Homestead Air Reserve Base share a common border for a small portion along SW 137th Avenue (Speedway Boulevard).
A noteworthy tourist attraction within Leisure City is Coral Castle, built by a jilted lover, Edward Leedskalnin, over the course of 28 years from 1923 to 1951. The Fruit and Spice Park is also of interest.
Homestead experiences a tropical monsoon climate (Köppen climate classification Am) that borders on a tropical savanna climate (Aw). Summers are hot and humid and high temperatures average between 90° and 92 °F (32° to 33 °C). Winters are warm and dry. The all-time record high temperature is 100 °F (37.8 °C), on July 10, 2023. Lows in summer average between 70 °F (21.1 °C) and 75 °F (23.9 °C), with low temperatures in all times of year averaging 5 degrees cooler than coastal Miami, mainly because of its inland and rural location. In winter, the area sees cold fronts bring cold weather for short periods from November to March. The lowest temperature ever recorded is 26 °F (–3 °C), on 13 December 1934, which was recorded at Homestead Air Force Base, some 10 miles east of the town. High temperatures in winter average between 68° and 80 °F (18° to 26 °C), and lows average between 57° and 64 °F (8° to 14 °C). Summer is the season when most of the rain occurs. Homestead has a wet season lasting from mid-May to early October. The dry season sees some rain, with most of it coming with the passing of cold fronts. Snow flurries were reported to have been observed in the air at Homestead Air Force Base, on January 20, 1977, and marked the farthest south that snow flurries have ever been reported in the lower 48 United States.
In August 1992, the Category 5 hurricane Andrew devastated the town, as well as nearby Homestead Air Force Base. Hurricane Katrina caused flooding in Homestead in August 2005. The following October, Hurricane Wilma damaged light poles, grandstands, garages, and sections of catch fence at the Homestead–Miami Speedway, a motor racetrack built in the years following Hurricane Andrew. After Hurricane Wilma, a Homestead man was killed in a tractor accident while clearing debris.
When Hurricane Irma struck Florida in September 2017, parts of Homestead lost electric power. South Dade Center, a low-income housing project for farmworkers, was flooded with rainwater. Residents were without electricity and waste collection for about a week without relief.
As of the 2020 United States census, there were 80,737 people, 20,320 households, and 15,784 families residing in the city.
The city of Homestead is served by the Miami market for local radio and television. Homestead has its own newspaper, the South Dade News Leader, which has been serving the South Dade community since 1913. The News Leader is published on Fridays.
“Inside Homestead TV” is a television program where viewers can find out about all the happenings in Homestead. Each month, a news show is released offering Homestead residents updates on local events as well as other developments throughout the region. Also, the program has in-depth interviews with the local Mayor & Council and City Staff, special events coverage, and how-to videos.
These monthly news reports vary in topic every month. For instance, the March 2015 video describes the new City Hall, education and National Parks news.
The Florida Department of Corrections operates the Dade Correctional Institution and the Homestead Correctional Institution in an unincorporated area near Homestead. The Dade CI was originally the Dade Correctional Institution Annex, and the Homestead CI was originally the Dade Correctional Institution; the two received their current names on July 1, 2003. In June 2018, Homestead Temporary Shelter for Unaccompanied Children, a federal facility operated by Comprehensive Health Services, Inc., was estimated to hold 1,000 minor detainees.
The United States Postal Service operates the Homestead Post Office.
The Homestead Police Department located at 45 Northwest First Avenue in Homestead.
On October 11, 1957, an Air Force B-47 Stratojet carrying a nuclear bomb crashed on takeoff at Homestead Air Force Base, present-day Homestead Air Reserve Base.
The principal roadways linking Homestead with the rest of Miami-Dade County are US 1, the Florida Turnpike and State Road 997. The Florida Turnpike has three exits (6, 5 and 2) as it runs south through eastern Homestead before eventually terminating at US 1 in Florida City. US 1 (Homestead Blvd.) runs northeast-to-southwest roughly through the middle of the city, and is the only way to continue to the Florida Keys. State Road 997 (Krome Ave.) runs north-south through the western end of Homestead and through the historic downtown district.
Miami-Dade Transit (MDT) runs several Metrobus routes connecting the Homestead/Florida City area to the rest of Miami-Dade County. Express routes run along the South Miami-Dade Busway, connecting the area with Metrorail and the rest of the Metrobus network and on to Tri-Rail, Amtrak and Miami International Airport. In addition, MDT operates Dade-Monroe Express service from Florida City to the Upper Keys.
The City of Homestead operates two local circulator Homestead Trolley lines. This free service operates daily and transits principal residential, business and commercial areas, as well as the historic downtown district and Miami-Dade College’s Homestead Campus. The Trolley connects with Metrobus at the Busway and other Metrobus stops throughout the city.
Starting in 2014 the Homestead Trolley began seasonal service to Everglades National Park and Biscayne National Park. The free Homestead National Parks Trolley is offered by the City of Homestead in partnership with the National Park Service. Operating on weekends between January and April, the service is the only public transportation option available to these two parks.
The Homestead General Aviation Airport is located just northwest of the city’s central business district.
There are public marinas at Homestead Bayfront Park and Marina, on Biscayne Bay east of the city and adjacent to Biscayne National Park’s Convoy Point Visitor Center, and at Black Point Park and Marina to the northeast. Convoy Point also has a limited number of marina slips for day visitors to dock.
Most major national car and truck rental companies have rental locations in Homestead or its immediate surroundings.
Homestead is within the Miami-Dade County Public Schools district.
Homestead and the region are zoned to the following elementary, middle and K–8 center schools:
Most of Homestead is zoned to Homestead High School, while a northwest portion is zoned to South Dade High School, located outside the city limits in unincorporated Miami-Dade County.
Homestead is zoned to South Dade Educational Center.
Homestead also has the following charter schools:
The Roman Catholic Archdiocese of Miami previously operated Sacred Heart School in Homestead. It closed in 2009.
Homestead is also home to Miami-Dade College Homestead Campus.