Cheapest Owner Operators Truck Insurance Cost Sherman, Texas
JDW Truckers Insurance can answer your questions regarding Cheapest Owner Operators Truck Insurance Cost Sherman, 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 Sherman, Texas with high AM Best Rating so when JDW Truckers Insurance helps you get your owner operators truck insurance in Sherman, 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.
Sherman is a city in and the county seat of Grayson County, Texas, United States. The city’s population in 2020 was 43,645. It is one of the two principal cities in the Sherman–Denison metropolitan statistical area, and is the largest city in the Texoma region of North Texas and southern Oklahoma.
Sherman was named after General Sidney Sherman (July 23, 1805 – August 1, 1873), a hero of the Texas Revolution. The community was designated as the county seat by the act of the Texas Legislature, which created Grayson County on March 17, 1846. In 1847, a post office began operation. Sherman was originally located at the center of the county, but in 1848, it was moved about 3 miles (5 km) east to its current location. By 1850, Sherman had become an incorporated town under Texas law. It had also become a stop on the Butterfield Overland Mail route through Texas. By 1852, Sherman had a population of 300 and consisted of a public square with a log court house, several businesses, a district clerk’s office, and a church along the east side of the square. In 1861, the first flour mill was built.
During the 1850s and 1860s, Sherman continued to develop and to participate in regional politics. Because many residents of North Texas had migrated from the Upper South and only a low percentage were slaveholders, considerable Unionist sentiment existed in the region. E. Junius Foster, the publisher of Sherman’s antisecessionist Whig newspaper, the Patriot, circulated a petition to establish North Texas as an independent free state. Following Confederate passage of a conscription law, resistance arose to conscription in North Texas, especially as owners of many slaves were exempt.
A group of slaveholders in nearby Cooke County feared the Unionists might join others and perform acts of sabotage. In October 1862, a unit of state militia arrested between 150 and 200 men on suspicion of insurrection. In the Great Hanging at Gainesville, 42 of the arrested men were killed, most of them hanged by a mob, while others were sentenced to death by a self-appointed “citizens’ court”. Following the lynchings, Colonel William Young, who had organized the jury for the “citizens’ court”, was killed by unknown assailants. Young had been responsible for more than 20 deaths. Newspaper publisher Foster “applauded” Young’s death, and was soon gunned down by Capt. Jim Young, the colonel’s son.
Pro-Confederate militiamen rounded up even more “suspects” in Sherman, but Confederate Brigadier General James W. Throckmorton intervened to stop the killings. By the time Throckmorton restored order, only five of the originally arrested men were still alive.
Late in the Civil War, pro-Confederate guerrillas led by William Quantrill spent the winter in Sherman. Former guerrilla Jesse James also came to Sherman for his honeymoon. He was photographed seated on his horse in Sherman.
During the 1860s, secondary education developed in North Texas. The Sherman Male and Female High School began accepting students in 1866, under the patronage of the North Texas Methodist Conference. It became one of three private schools operating in Sherman. The school operated under several names, including the North Texas Female College and Conservatory of Music from 1892 to 1919 and Kidd-Key College and Conservatory, from 1919 to 1935. It gradually lost Methodist support, following the opening of Southern Methodist University in Dallas in 1915. In 1876, Austin College, the oldest continuously operating college in Texas, was relocated to Sherman from Huntsville. The Sherman Female Institute, later called Mary Nash College, opened in 1877 under sponsorship of the Baptist Church. It continued to operate until 1901, when the campus was sold to Kidd-Key College. Carr–Burdette College, a women’s college affiliated with the Disciples of Christ, operated from 1894 to 1929. Sherman also has a long history within the Jewish community. By 1873, Jews in the region regularly met for the High Holidays.
While general depression and lawlessness occurred during the Reconstruction, Sherman remained commercially active. During the 1870s, Sherman’s population reached 6,000. In 1875, after two fires destroyed many buildings east of the town square, a number of civic buildings were rebuilt using more permanent materials. This included a new Grayson County Courthouse built in 1876. In 1879, the Old Settlers’ Association of North Texas formed and met near Sherman. The organization incorporated in 1898 and purchased Old Settlers’ Park in 1909.
On May 15, 1896, a tornado measuring F5 on the Fujita scale struck Sherman. The tornado had a damage path 400 yards (370 m) wide and 28 miles (45 km) long, killing 73 people and injuring 200. About 50 homes were destroyed, with 20 of them obliterated.
In 1901, the first electric “Interurban” railway in Texas, the Denison and Sherman Railway, was completed between Sherman and Denison. The Texas Traction Company completed a 65-mile (105 km) interurban between Sherman and Dallas in 1908, and in 1911 purchased the Denison and Sherman Railway. Through the connections in Dallas and Denison, travel to the Texas destinations of Terrell, Corsicana, Waco, Fort Worth, Cleburne, and Denton, became possible, as well as to Durant, Oklahoma, by interurban railways. One popular destination on the Interurban between Sherman and Denison was Wood Lake Park, a private amusement park at the time. By 1948, all interurban rail service in Texas had been discontinued.
During the Sherman Riot of May 9, 1930, the Grayson County Courthouse was burned down by local citizens in an attempt to lynch George Hughes, an African American suspected of assaulting a white woman. During the riot, Hughes was locked in the vault at the courthouse and apparently died in the fire. Rescue work was hindered by saboteurs cutting the fire hoses. After rioters retrieved Hughes’ body from the vault, it was dragged behind a car, hanged, and set afire. The black business section of Sherman was also burned down, and many African Americans fled. Texas Ranger Frank Hamer was in Sherman during this riot, and reported the situation to Texas Governor Dan Moody. Governor Moody sent National Guard troops to Sherman on May 9 and martial law was declared in Sherman for ten days. Fourteen men were later indicted, not for lynching, but for arson and rioting. In the end, only J.B. “Screw” McCasland was convicted and sentenced to prison for arson and for rioting.
Sherman is located slightly east of the center of Grayson County, between Denison to the north and Howe to the south. The city has a total area of 41.5 square miles (107.4 km), of which 41.4 square miles (107.2 km) are land and 0.1 square miles (0.2 km), or 0.20%, is covered by water.
Sherman is 70 miles (110 km) north of Dallas and 31 miles (50 km) southwest of Durant, Oklahoma. Gainesville is 32 miles (51 km) to the west, and Bonham is 26 miles (42 km) to the east.
Sherman is part of the humid subtropical climate area.
As of the 2020 United States census, there were 43,645 people, 15,687 households, and 10,097 families residing in the city.
Sherman operates under a council-manager form of local government, and is a home rule city under Texas state law. As of 2022, the city was led by City Manager Robby Hefton and Mayor David Plyler.
The Texas Department of Criminal Justice operates the Sherman District Parole Office in Sherman.
Most children in Sherman are zoned to the Sherman Independent School District, which includes Sherman High School. Some parts are in Denison Independent School District or Howe Independent School District.
A small percentage of children attend one of the three private schools in Sherman: Grayson Christian School, St. Mary’s Catholic School, or Texoma Christian School.
Austin College, a private, Presbyterian, liberal arts college, relocated to Sherman in 1876. Founded in 1849, it is the oldest college or university in Texas operating under its original charter. Grayson College, a community college based in neighboring Denison, operates a branch campus in Sherman.
The Sherman Public Library serves the city of Sherman and all citizens. The library underwent a $2 million, floor-to-ceiling renovation in 2017, reopening to the public in August 2018.
Sherman is served by two U.S. Highways: US 75 (Sam Rayburn Freeway) and US 82. (The latter is locally designated as the Buck Owens Freeway after the famous musician who was born in Sherman.) It is also served by three Texas State Highways, which extend beyond Grayson County: State Highway 11, State Highway 56, and State Highway 91 (Texoma Parkway), one of the main commercial strips that connects Sherman and Denison, and also extends to Lake Texoma.
General aviation service is provided by Sherman Municipal Airport and North Texas Regional Airport/Perrin Field in Denison.
TAPS Public Transit is the sole transit provider for Sherman, with curb-to-curb paratransit for all residents.
The city of Sherman is served locally by Wilson N. Jones Regional Medical Center, Texoma Medical Center, and a Baylor Scott & White surgery center.