Cheapest Owner Operators Truck Insurance Cost Newark, Ohio
JDW Truckers Insurance can answer your questions regarding Cheapest Owner Operators Truck Insurance Cost Newark, 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 Newark, Ohio with high AM Best Rating so when JDW Truckers Insurance helps you get your owner operators truck insurance in Newark, 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.
Newark ( Noork) is a city in and the county seat of Licking County, Ohio, United States, located 40 miles (64 km) east of Columbus at the junction of the forks of the Licking River. The population was 49,934 at the 2020 census, making it the 18th-largest city in Ohio. It is part of the Columbus metropolitan area.
It is the site of much of the Newark Earthworks, a major ancient complex built by the Hopewell culture. The Great Circle portion and additional burial mounds are located in the neighboring city of Heath, Ohio. This complex has been designated as a National Historic Landmark and is operated as a state park by the Ohio History Connection.
Cultures of indigenous peoples lived along the river valleys for thousands of years before European contact. From more than two thousand years ago, 100 AD to 500 AD, people of the Hopewell culture transformed the area of Newark and Heath. They built many earthen mounds and enclosures, creating the single largest earthwork complex in the Ohio River Valley. The Newark Earthworks, designated a National Historic Landmark, have been preserved to document and interpret the area’s significant ancient history. The earthworks cover several square miles and about 206 acres. This is operated as a state park by the Ohio History Connection.
The Observatory Mound, Observatory Circle, and the interconnected Octagon earthworks span nearly 3,000 feet (910 m) in length. The Octagon alone is large enough to contain four Roman Coliseums. The Great Pyramid of Giza in Egypt would fit precisely within Observatory Circle. The even larger 1,180-foot (360 m)-diameter Newark Great Circle, located in Heath, is the largest circular earthwork in the Americas. The 8 feet (2.4 m)-high walls surround a 5 feet (1.5 m)-deep moat. At the entrance, the walls and moat are of greater and more impressive dimensions.
Contemporary archaeogeodesy and archaeoastronomy researchers have demonstrated that the Hopewell and other prehistoric cultures had advanced scientific understandings which they used to create their earthworks for astronomical observations, markings and celebrations. Researchers analyzed the placements, alignments, dimensions, and site-to-site interrelationships of the Hopewell earthworks to understand what had been done. Today, the Ohio Historical Society preserves the Great Circle Earthworks in a public park near downtown Newark, called Mound Builders Park (or the Newark Earthworks) located at 99 Cooper Ave, Newark, Ohio. The area of the Octagon Earthworks had been leased to a country club, but new arrangements in 1997 provide for more public access to it. Later American Indian tribes inhabiting the area at the time of European contact were distant descendants of the Hopewell peoples.
After exploration by traders and trappers in earlier centuries, the first European-American settlers arrived in 1802, led by Gen. William C. Schenck. He named the new village after his New Jersey hometown.
Nineteenth-century investment in infrastructure resulted in growth in the town after it was linked to major transportation and trade networks. On July 4, 1825, Governors Clinton of New York and Morrow of Ohio dug the first shovelfuls of dirt for the Ohio and Erie Canal project, at the Licking Summit near Newark, Ohio. On April 11, 1855, Newark became a stop along the Pittsburgh, Cincinnati, Chicago and St. Louis Railroad that was built to connect Pittsburgh to Chicago and St. Louis. On April 16, 1857, the Central Ohio Railroad connected Newark west to Columbus, and later Newark maintained a station on the Baltimore and Ohio Railroad.
The Heisey Glass Company started in Newark in 1895. The factory operated there for 62 years, until the company’s demise in 1957 due to changing tastes. The National Heisey Glass Museum, operated by the Heisey Collectors of America, Inc., is located on Sixth Street in Newark.
In 1909, The Arcade was opened. Modeled after innovative European retail buildings, it became one of Newark’s first successful retail emporiums. Later versions of buildings that contained a variety of shops indoors became known as shopping malls. At 60,000 square feet (5,600 m), the Arcade is one-third the size of an average modern Wal-Mart.
According to the United States Census Bureau, the city has a total area of 21.37 square miles (55.35 km), of which 20.88 square miles (54.08 km) is land and 0.49 square miles (1.27 km) is water. Newark is located at 40°3′47″N 82°25′0″W / 40.06306°N 82.41667°W (40.063014, −82.416779).
In terms of population, Newark, Ohio is the second-largest Newark in the United States, after Newark, New Jersey. Newark, Ohio is part of the Columbus, Ohio metropolitan area. The median income for a household in the city was $52,570, with 16.8% of the population below the poverty line.
As of the census of 2010, there were 47,573 people, 19,840 households, and 12,057 families residing in the city. The population density was 2,278.4 inhabitants per square mile (879.7/km). There were 21,976 housing units at an average density of 1,052.5 per square mile (406.4/km). The racial makeup of the city was 92.8% White, 3.3% African American, 0.3% Native American, 0.6% Asian, 0.3% from other races, and 2.6% from two or more races. Hispanic or Latino of any race were 1.2% of the population.
There were 19,840 households, of which 30.8% had children under the age of 18 living with them, 40.7% were married couples living together, 14.8% had a female householder with no husband present, 5.3% had a male householder with no wife present, and 39.2% were non-families. 31.9% of all households were made up of individuals, and 12.3% had someone living alone who was 65 years of age or older. The average household size was 2.35 and the average family size was 2.94.
The median age in the city was 37.3 years. 24% of residents were under the age of 18; 9.9% were between the ages of 18 and 24; 25.6% were from 25 to 44; 26% were from 45 to 64; and 14.5% were 65 years of age or older. The gender makeup of the city was 47.8% male and 52.2% female.
Newark is the site of several major manufacturers. Holophane, founded in 1898, is one of the world’s oldest manufacturers of lighting-related products. The main factory of Owens Corning Fiberglas is also located in Newark. State Farm Insurance has Regional Headquarters here. The Park National Bank Corporation is headquartered in downtown Newark.
Several industrial parks have been developed and house such major companies as Kaiser Aluminum, Dow Chemical Company, General Electric, Covestro, Boeing, THK, Harry & David, Communicolor, Diebold, Anomatic, International Paper, and Tamarack Farms Dairy. Longaberger, a major basket-maker, had their new corporate headquarters in Newark designed as a gigantic “medium market basket,” their most popular model.
The main shopping center in the area is the Indian Mound Mall, located in nearby Heath. The mall is named for the internationally known, ancient complex called the Newark Earthworks, built 2,000 years ago by the Hopewell culture of central Ohio. It is a National Historic Landmark and major elements of the earthworks are located less than a mile away from the shopping mall named for them.
Newark City School District serves the city of Newark. Newark High School consists of nearly 2,000 students and competes at the OHSAA D1 level. Newark High School has a storied tradition in Academics and Sports, as well as Performing Arts. Newark High School has won 4 OHSAA Basketball titles (36′, 38′, 43′, 08′) and 3 AP Football titles. The Pride of Newark Marching Band has made an unprecedented 42 consecutive years to the OMEA state finals. The Pride has earned a superior rating at State Marching Band finals 31 years, including 4 straight seasons (2015, ‘16, ‘17, ‘18). The Newark High School Sinfonia, under the direction of Susan Larson, tied for first runner-up at the National Orchestra Cup in New York City on April 5, 2009. The Sinfonia was featured in a front-page article of the April 14, 2009, edition of The New York Times, and received an invitation to the White House in the fall of 2009. Their Concert Choir recently sang in Italy and was sponsored by Disney. Under the direction of Kimberly & Michael Wigglesworth, the choir has qualified for OMEA Choir state Finals for the past 15 years.
A regional campus of Ohio State University is also located in the city. The Ohio State University at Newark, founded in 1957, schools over 2,800 students and is the most diverse campus in the Ohio State system. Today, under the leadership of Dean and Director William MacDonald, the campus features eleven buildings, including a recreation center and two residence halls. It offers Associate of Arts degrees, as well as Bachelor of Arts degrees in seven majors and master’s degrees in education and social work. It also serves as a doorway to over 200 majors on the Ohio State University campus in Columbus. The Newark Campus shares its facilities with a two-year technical college, COTC (Central Ohio Technical College). Under the leadership of President Bonnie Coe, it serves some 3,000 other students in 45 certificate and associate degree programs.
Newark is also home to a number of private religious schools, including St. Francis de Sales School, Blessed Sacrament School and Newark Catholic High School. C-TEC (Career and Technology Education Centers of Licking County) offers high school and adult programs.
Newark has a public library, a branch of the Licking County Library System.
Licking County provided demand-response public transportation under the name Licking County Transit. GoBus’ Columbus-Wooster route provides service to Newark.