Cheapest Owner Operators Truck Insurance Cost North Lauderdale, Florida
JDW Truckers Insurance can answer your questions regarding Cheapest Owner Operators Truck Insurance Cost North Lauderdale, 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 North Lauderdale, Florida with high AM Best Rating so when JDW Truckers Insurance helps you get your owner operators truck insurance in North Lauderdale, 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.
North Lauderdale is a city in Broward County, Florida, United States. As of the 2020 census, the city’s population was 44,794. It is a principal city of the Miami metropolitan area, which was home to an estimated 6,166,488 people in the 2020 census.
At its creation in 1963, it was largely farmland on the western edge of development in Broward County. North Lauderdale was originally grazing pasture for cows and horses of the Anderson Dairy Farm and also an agricultural area for the Lena Lyons Stringbean Farm. Recognizing a rare opportunity to work with a blank slate, famed architect Morris Lapidus turned his attention to planning a city that would become North Lauderdale. Lapidus gained international notoriety for launching the 1950s “Miami Beach” style resort hotel. His design of the Fontainebleau Resort, the Eden Roc and Americana helped create the style of Miami Beach. After hotels, Lapidus turned to designing cities. North Lauderdale, “The City of Tomorrow”, was the first city he laid out. Residents still benefit from his influence and vision, which can be seen in the whimsical “beacons” lending the city prominence and in the distinct, amoebic shape of Boulevard of Champions. In the late 60’s, recognizing the growing demand for single-family homes, the Osias Organization, headed by Colonel Nathan Rood, who was also the first appointed Mayor, purchased most of the land and began the development of North Lauderdale proper. In April 1969, by straw vote, Michael Saraniero became the City’s first elected Mayor.
Once the city was laid out, the promise of affordable homes near the seaside ushered in a 10-year development boom in the 1970s. Where the rich and famous flocked to Miami Beach, regular families enamored with the Sun Belt, moved to North Lauderdale. Thousands moved in and neighborhood after neighborhood came to life. The city’s character took shape of a younger, family-oriented community where most social interaction took place after work around a softball field. North Lauderdale is a city where a week of hard work is rewarded with sunshine-filled weekends and family barbecues.
North Lauderdale is located at 26°12′57″N 80°13′28″W / 26.215717°N 80.224491°W in north-central Broward County. It is adjacent to the following municipalities:
On its north:
On its northwest:
On its west and south:
On its east:
On its northeast:
According to the United States Census Bureau, the city has a total area of 4.6 square miles (12.0 km), of which 4.6 square miles (11.9 km) is land and 0.039 square miles (0.1 km) (0.72%) is water.
As of the 2020 United States census, there were 44,794 people, 13,713 households, and 9,120 families residing in the city.
As of 2010, there were 14,709 households, out of which 11.8% were vacant.
In 2000, the city the population was spread out, with 29.9% under the age of 18, 10.7% from 18 to 24, 35.2% from 25 to 44, 17.4% from 45 to 64, and 6.9% who were 65 years of age or older. The median age was 30 years. For every 100 females, there were 94.0 males. For every 100 females age 18 and over, there were 89.0 males.
In 2000, 42.4% had children under the age of 18 living with them, 46.8% were married couples living together, 19.3% had a female householder with no husband present, and 27.6% were non-families. 19.6% of all households were made up of individuals, and 5.5% had someone living alone who was 65 years of age or older. The average household size was 2.99 and the average family size was 3.43.
As of 2000, the median income for a household in the city was $40,050, and the median income for a family was $41,990. Males had a median income of $29,188 versus $24,828 for females. The per capita income for the city was $15,557. About 11.5% of families and 13.7% of the population were below the poverty line, including 16.9% of those under age 18 and 11.0% of those age 65 or over.
As of 2000, the percentage of Colombians was 3.63% of the population. It was also the 9th highest percentage Jamaican-populated area with 11.47%, while it had the 31st highest percentage of Haitians in at 6.7%, and the 38th highest percentage Trinidadian and Tobagonian community in the US, with 1.7% of the residents (tied with a few other US areas.)
As of 2000, speakers of English as their first language accounted for 67.63% of the population, while Spanish was spoken by 20.31%, French Creole 6.16%, French 1.48%, Portuguese 1.42%, and Vietnamese speakers made up 0.89% of residents.
North Lauderdale is a part of the Miami-Fort Lauderdale-Hollywood media market, which is the twelfth largest radio market and the seventeenth largest television market in the United States. Its primary daily newspapers are the South Florida Sun-Sentinel, The Miami Herald, and the alternative weekly New Times Broward-Palm Beach. There is also their Spanish-language counterparts El Sentinel and El Nuevo Herald.
Every year, during Halloween, Hampton Pines Park host the Haunted Hamptons along with the Christmas event at City Hall.
North Lauderdale Days is an annual celebration in which the city opens the pool to the public, invites vendors, and provides live music. North Lauderdale Days is a longtime annual tradition that culminates with a fireworks display.
Broward County Public Schools operates public schools. District schools in the city limits include:
Some sections are served by Cypress, Liberty, and Park Lakes elementary schools. Some sections are served by Lauderdale Lakes, Margate, and Millennium 6-12 Collegiate Academy middle schools.
Much of North Lauderdale is zoned to Coconut Creek High School. Other sections are zoned to Boyd Anderson, Northeast, and Piper high schools.
There is also a charter school, Somerset Preparatory Academy Charter High At North Lauderdale.
