Cheapest Owner Operators Truck Insurance Cost Lake Jackson, Texas
JDW Truckers Insurance can answer your questions regarding Cheapest Owner Operators Truck Insurance Cost Lake Jackson, Texas. 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 Lake Jackson, Texas with high AM Best Rating so when JDW Truckers Insurance helps you get your owner operators truck insurance in Lake Jackson, Texas 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.
Lake Jackson is a city in Brazoria County, Texas, United States, within the Greater Houston metropolitan area. As of the 2020 census, the city population was 28,177.
In 1942 a portion of Lake Jackson was first developed as a company town for workers of the Dow Chemical Company; it developed 5,000 acres on the former Abner Jackson Plantation. An oxbow lake was also named after the planter, whose house was located at the lake. Minor ruins of the Lake Jackson Plantation can now be seen in a park at the site.
The city was built in the early 1940s as a planned community, designed by Alden B. Dow of Midland, Michigan for workers in support of a new plant of the Dow Chemical Company, which his father owned. The City of Lake Jackson was incorporated March 14, 1944, and voted for home rule ten years later in 1954.
The city of Lake Jackson is located in south-central Brazoria County, and is bordered to the east by the cities of Clute and Richwood, and to the southwest by the Brazos River. Texas State Highway 288, the Nolan Ryan Expressway, runs through the city, leading 10 miles (16 km) north to Angleton, the county seat, 52 miles (84 km) north to downtown Houston, and 9 miles (14 km) southeast to Freeport on the Gulf of Mexico.
According to the United States Census Bureau, Lake Jackson has a total area of 20.9 square miles (54.2 km), of which 19.5 square miles (50.4 km) is land and 1.5 square miles (3.9 km), or 7.11%, is water.
As of the 2020 United States census, there were 28,177 people, 10,074 households, and 7,028 families residing in the city.
As of the census of 2010, there were 26,849 people, 10,319 households, and 7,134 families residing in the city. The population density was 1,386.0 inhabitants per square mile (535.1/km). There were 11,149 housing units at an average density of 550.2 per square mile (212.4/km). The racial makeup of the city was 84.36% White, 5.10% African American, 0.52% Native American, 3.14% Asian, 0.04% Pacific Islander, 4.44% from other races, and 2.40% from two or more races. Hispanic or Latino of any race were 20.53% of the population.
There were 9,588 households, out of which 42.6% had children under the age of 18 living with them, 64.7% were married couples living together, 8.5% had a female householder with no husband present, and 23.4% were non-families. Twenty percent of all households were made up of individuals, and 7.3% had someone living alone who was 65 years of age or older. The average household size was 2.74 and the average family size was 3.18.
In the city, the population was spread out, with 26.41% under the age of 18, 5.61% from 20 to 24, 12.51% from 25 to 34, 20.60% from 35 to 49, 20.10% from 50 to 64, and 12% who were 65 years of age or older. The median age was 35 years. For every 100 females, there were 96.06 males. For every 100 females age 18 and over, there were 94.3 males.
The median income for a household in the city was $60,901, and the median income for a family was $69,053. Males had a median income of $60,143 versus $30,398 for females. The per capita income for the city was $25,877. About 5.4% of families and 6.4% of the population were below the poverty line, including 6.5% of those under age 18 and 6.7% of those age 65 or over.
Gas station and convenience store chain Buc-ee’s has its headquarters in Lake Jackson.
The Dow Chemical Company and the Brazosport Independent School District are major employers of residents. Dow planned to develop this community in 1941 as a 5,000-acre residential area for workers at its Freeport plant. Lake Jackson is now home to other chemical and manufacturing facilities, along with many other types of businesses. In Lake Jackson’s early days, Dow helped to create a booming economy. In 2014 it announced an expansion project that is estimated to bring nearly 2,000 employees to the area.
The unemployment rate in Lake Jackson, TX, is 8.40%, with job growth of 2.40%. Future job growth over the next ten years is predicted to be 36.40%. The income per capita is $30,625, which includes all adults and children. The median household income is $68,391. The sales tax rate in Lake Jackson, TX, is 8.25%.
Sales tax income represents a population of over 70,000 indicating the draw of the retail shopping from the area.
The Lake Jackson Library is a part of the Brazoria County Library System.
Lake Jackson is within Texas’s 14th congressional district and is represented by Randy Weber.
The public schools in the city are operated by Brazosport Independent School District. Some parts of the city limits fall in the Angleton Independent School District and the Columbia-Brazoria Independent School District.
K–5 elementary schools within Lake Jackson include:
Residents are zoned to:
Private schools within Lake Jackson include:
Brazosport College is a public community college located in Lake Jackson, with the majority of the Lake Jackson city limits in the college’s district. The Texas Legislature designated Brazosport ISD, Columbia-Brazoria ISD, and portions of Angleton ISD that by September 1, 1995 had not been annexed by Alvin Community College as in the Brazosport College zone.
It was recently upgraded to offer a baccalaureate degree in certain technical fields. It is also distinguished for its professional music hall, The Clarion.
In September 2020, brain-eating amoeba were detected in the Lake Jackson drinking water supply, resulting in the death of a 6-year-old boy. Eleven samples were taken around the city, and of those, three returned a preliminary positive results: the hose bib at the victim’s home, a hydrant at a dead end street, and a storage tank at the city splash pad. This resulted in Brazosport Water Authority issuing a do-not-use order on tap water in late September 2020.
Texas Gulf Coast Regional Airport serves Lake Jackson.
Southern Brazoria County Transit provides bus service options for Lake Jackson, Clute, Freeport and Angleton.
Texas State Highway 332 extends from its west end SH 36 in Brazoria to its east end at Surfside Beach.
