Cheapest Owner Operators Truck Insurance Cost Miami Lakes, Florida
JDW Truckers Insurance can answer your questions regarding Cheapest Owner Operators Truck Insurance Cost Miami Lakes, 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 Miami Lakes, Florida with high AM Best Rating so when JDW Truckers Insurance helps you get your owner operators truck insurance in Miami Lakes, 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.
Miami Lakes is an incorporated town in Miami-Dade County, Florida, United States. The town is part of South Florida’s Miami metropolitan area. As of the 2020 census, the population was 30,467.
The development was constructed by Sengra (now the Graham Companies) beginning in 1962 on land formerly owned by Florida state senator Ernest “Cap” Graham. The Grahams stated for many years that it would be a 30-year development, but they are still developing to this day.
The original Miami Lakes development, east of the Palmetto Expressway, was master-planned by Lester Collins with curving tree-shaded roadways and numerous curving lakes, which are unusual compared to most surrounding areas with their treeless streets on a square grid and rectangular lakes. This original development, which is on the east side of the more recently designated Town of Miami Lakes, has neighborhood shopping centers, tot-lot parks, and a town center named Main Street. A significant portion of Miami Lakes is still owned by the Grahams, mostly apartment buildings, shopping centers, office buildings, and undeveloped land. The town is an early model of the New Urbanism movement, with shopping and services located within walking distance of residences as well as narrow, walkable streets and plenty of neighborhood parks.
When it was incorporated in December 2000, the Town of Miami Lakes became the 31st municipality in Miami-Dade County. Miami Lakes is home to more than 1,100 businesses.
The Master Plan began over 50 years ago when the Graham family began the development of what was their dairy farm. Unlike many cities and towns created during the early 1960s, the Grahams decided to create a master plan for the city that would allow decades of growth, construction, and changing market conditions. Lester Collins, former dean of the Harvard School of Design, was enlisted to create a master plan for the area that would become the center of Miami Lakes. Collins laid the foundation for an integrated community, including residential, commercial, industrial, and mixed uses.
Former U.S. Senator Bob Graham, the younger half-brother of family patriarch William “Bill” Graham, is one of the owners, and Katharine Graham, the late publisher of the Washington Post, had a share by marriage. On December 5, 2000, Miami Lakes voted to become an incorporated town.
Miami Lakes is located 15 miles (24 km) northwest of downtown Miami at 25°54′42″N 80°19′30″W / 25.911672°N 80.325067°W. It is bordered to the south and west by the city of Hialeah, to the east by the city of Miami Gardens, and to the north by the unincorporated community of Country Club.
According to the United States Census Bureau, the town of Miami Lakes has a total area of 6.5 square miles (17 km). 5.7 square miles (15 km) of it are land and 0.8 square miles (2.1 km) of it (13.05%) are water.
As of the 2020 United States census, there were 30,467 people, 10,570 households, and 7,491 families residing in the town.
As of 2010, there were 8,248 households, out of which 4.2% were vacant. In 2000, 37.7% had children under the age of 18 living with them, 58.6% were married couples living together, 12.0% had a female householder with no husband present, and 25.9% were non-families. 20.8% of all households were made up of individuals, and 4.8% had someone living alone who was 65 years of age or older. The average household size was 2.75 and the average family size was 3.21.
In 2000, the population was spread out, with 25.1% under the age of 18, 7.2% from 18 to 24, 34.9% from 25 to 44, 22.7% from 45 to 64, and 10.1% who were 65 years of age or older. The median age was 36 years. For every 100 females, there were 92.6 males. For every 100 females age 18 and over, there were 89.4 males.
As of 2009-2013, the median income for a household in the town was $63,754 and the median income for a family was $68,431. Males had a median income of $45,759 versus $31,656 for females. The per capita income for the town was $28,867. About 3.8% of families and 4.9% of the population were below the poverty line, including 4.1% of those under age 18 and 5.2% of those age 65 or over.
As of 2000, speakers of Spanish as a first language accounted for 72.41%, while English made up 24.65%, Portuguese was at 0.67%, and Urdu consisted of 0.64% of residents.
Since its incorporation in 2000, the Town of Miami Lakes operates under a council-manager form of government. The council-manager system combines the strong leadership of elected officials with the strong managerial experience of an appointed town manager.
The mayor’s seat is elected at-large for a four-year term. As defined in the town’s charter, the mayor shall preside at meetings of the council and be a voting member of the council. The town council is vested with all legislative powers of the town. The council consists of the mayor and six members.
Current council members are:
The Town of Miami Lakes held a grand opening and ribbon-cutting for its new town hall on April 23, 2013, located at the east end of Main Street.
On October 5, 2010, Nelson Hernandez became the youngest council member elected to the Miami Lakes Town Council at the age of 24, ever since the town’s incorporation in 2000.
The Miami-Dade Police Department is under contract with the Town of Miami Lakes to perform law enforcement functions within the Town.
The Miami-Dade Fire Rescue operates Station 1 Miami Lakes & Station 64 Miami Lakes West.
Several companies are headquartered in Miami Lakes, including BankUnited, N.A.; one of the largest banking institutions in the United States.
Potamkin Auto Group, The Graham Companies, Fine Art Lamps, Pacer, New Generation Computing, South Florida ENT Associates, Inktel, Isaco Interanational, Safari, 1st Financial, American Bancshares Mortgage, LLC, National Molding, Lotspeich and Oliva Cigar.
Miami-Dade County Public Schools serves Miami Lakes.
The town of Miami Lakes has 100+ parks, mini parks, tot lots, green-ways and trails located throughout, including Miami Lakes Optimist Park, Royal Oaks Park, Town of Miami Lakes Youth Center and Veterans Park.
Miami Lakes has a unique indoor veterans memorial located at the Royal Oaks Park Community Center. The memorial is a 50-foot-long mural that features a combination of two digitized paintings of military scenes throughout U.S. history, wood carvings, stained glass, and hand-made glass mosaics molded from leaves of Miami Lakes’ trees. The centerpiece of the artwork consists of the seals from each of the US military service branches and the POW/MIA seal. The memorial was inaugurated on Memorial Day of 2011. The artists are Alfred Darmanin and Michelle Stecco.
The veterans memorial titled “V is for Veterans” was unveiled in front of Miami Lakes Town Hall on September 4, 2014. The artwork was created by Stephanie Jaffe Werner.
Miami Lakes United Soccer Club
The Miami Laker serves as the community newspaper for the town of Miami Lakes and surrounding areas in northwest Miami-Dade County.
