Cheapest Owner Operators Truck Insurance Odessa, Texas
JDW Truckers Insurance can answer your questions regarding Cheapest Owner Operators Truck Insurance Odessa, 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 Odessa, Texas with high AM Best Rating so when JDW Truckers Insurance helps you get your owner operators truck insurance in Odessa, 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.
Odessa is a city in and the county seat of Ector County, Texas, United States. It is located primarily in Ector County, although a small section of the city extends into Midland County.
Odessa’s population was 114,428 at the 2020 census, making it the 28th-most populous city in Texas; it is the principal city of the Odessa metropolitan statistical area, which includes all of Ector County. The metropolitan area is also a component of the larger Midland–Odessa combined statistical area, which had a 2010 census population of 278,801; a report from the United States Census Bureau estimated that the combined population as of July 2015 is 320,513.
The city is famous for being featured in the book Friday Night Lights: A Town, a Team, and a Dream, and the movie adaption, Friday Night Lights.
In 1948, Odessa was also the home of First Lady Barbara Bush, and the onetime home of former Presidents George H. W. Bush and George W. Bush. Former President George H. W. Bush has been quoted as saying “At Odessa we became Texans and proud of it.”
Odessa was founded in 1881 as a water stop and cattle-shipping point on the Texas and Pacific Railway. The first post office opened in 1885. Odessa became the county seat of Ector County in 1891 when the county was first organized. It was incorporated as a city in 1927, after oil was discovered in Ector County on the Connell Ranch southwest of Odessa.
Odessa is said to have been named after Odesa, Ukraine, (historically known as “Odessa”) because of the local shortgrass prairie’s resemblance to Ukraine’s steppe landscape.
With the opening of the Penn Field in 1929, and the Cowden Field in 1930, oil became a major draw for new residents. In 1925, the population was just 750; by 1929, it had risen to 5,000. For the rest of the 20th century, the city’s population and economy grew rapidly during each of a succession of oil booms (roughly in the 1930s–1950s, 1970s, and 2010s), often with accompanying contractions during the succeeding busts (particularly in the 1960s and 1980s).
Odessa is located along the southwestern edge of the Llano Estacado in West Texas. It is situated above the Permian Basin, a large sedimentary deposit that contains significant reserves of oil and natural gas.
According to the United States Census Bureau, the city has a total area of 44.0 square miles (114 km); 43.9 square miles (114 km2) are land and 0.1 square miles (0.26 km) of it (0.05%) is covered by water.
Odessa has the semiarid climate typical of West Texas. Summers are hot and sunny, while winters are mild and dry. Most rainfall occurs in late spring and summer; snowfall is rare. The area exhibits a large diurnal temperature range and frequent high winds.
As of the 2020 United States census, there were 114,428 people, 41,942 households, and 28,218 families residing in the city. As of the 2010 census, 99,940 people, 35,216 households, and 27,412 families resided in the city. The population density was 2,276.5 inhabitants per square mile (879.0/km2). There were 43,687 housing units at an average density of 995.1 per square mile (384.2/km).
In 2010, the racial makeup of the city was 75.4% White, 5.7% Black, 1.1% Asian, 1.0% Native American, 0.1% Pacific Islander, 14.2% from other races, and 2.5% from two or more races. Hispanic or Latino residents of any race was 50.6%. By 2020, the racial and ethnic makeup was 32.68% non-Hispanic white, 6.12% African American, 0.37% Native American, 2.14% Asian, 0.23% Pacific Islander, 0.31% some other race, 2.01% multiracial, and 56.14% Hispanic or Latino of any race, reflecting state and nationwide trends of greater diversification.
Of the 35,216 households in 2010, 37.9% had children under the age of 18 living with them, 51.6% were married couples living together, 14.5% had a female householder with no husband present, and 29.6% were not families. About 25.7% of all households were made up of individuals, and 9.6% had someone living alone who was 65 years of age or older. The average household size was 2.65, and the average family size was 3.21. The population was distributed as 29.8% under the age of 18, 10.6% from 18 to 24, 27.8% from 25 to 44, 20.0% from 45 to 64, and 11.8% who were 65 years of age or older. The median age was 32 years. For every 100 females, there were 93.2 males. For every 100 females age 18 and over, there were 88.6 males.
At the 2000 census, the median income for a household in the city was $31,209, and the median income for a family was $36,869. Males had a median income of $31,115 versus $21,743 for females. The per capita income for the city was $16,096. About 16.0% of families and 18.6% of the population were below the poverty line, including 23.9% of those under age 18 and 14.1% of those age 65 or over. The 2020 American community Survey estimated the median household income increased to $63,829 with a mean income of $82,699.
Historically, the Odessa economy has been primarily driven by the area’s oil industry, booming and busting in response to rises and falls in the crude oil price. Many of the city’s largest employers are oilfield supply companies and petrochemical processing companies. In recent decades, city leaders have begun trying to decrease the city’s reliance on the energy industry to moderate the boom-bust cycle and develop greater economic sustainability.
Odessa has also taken steps to diversify the energy it produces. In 2009, a wind farm has been constructed in northern Ector County. Around the same time, a coal pollution mitigation plant had been announced for a site previously entered in the Futuregen bidding. The plant will be run by Summit Power and will be located near Penwell. This plant was supposed to lead to the creation of 8,000 jobs in the area. Plans were also in place for a small nuclear reactor called the High-Temperature Teaching and Test Reactor to be run as a test and teaching facility in conjunction with the nuclear engineering department at University of Texas of the Permian Basin.
Odessa’s main enclosed shopping mall, Music City Mall, includes an indoor skating rink.
As in many municipalities, some of the largest employers are in the education, government, and healthcare industries. Outside of those areas, the city’s major employers are concentrated in the oil industry. According to the city’s 2021 Comprehensive Annual Financial Report, the top employers in the city were:
The Midland–Odessa Symphony and Chorale (MOSC) was founded in 1962, and is the region’s largest orchestral organization, presenting both pops and masterworks concerts. The MOSC has three resident chamber ensembles: the Lone Star Brass, Permian Basin String Quartet, and West Texas Winds.
The Globe of the Great Southwest, located on the campus of Odessa College, features a replica of William Shakespeare’s Globe Theatre. It hosts plays, and features an annual Shakespeare festival. Other theaters include the Ector Theater, built in 1951, and the Permian Playhouse.
Odessa’s Presidential Museum and Leadership Library, on the campus of the University of Texas of the Permian Basin, is dedicated to the office of the Presidency. It also has displays about the presidents of the Republic of Texas.
Texon Santa Fe Depot honors the old west and its railroads.
The Parker House Museum features the lifestyle of a prominent ranching family in from the early 1900s.
Odessa Meteor Crater, an impact crater 550 feet (170 m) in diameter, is located southwest of the city.
Odessa has 31 jackrabbits statues, as part of an art project launched in 2004.
The Odessa Jackalopes, a Tier ll junior ice hockey team plays its home games at Ector County Coliseum. Also home to the Ector County Colisem is the West Texas Warbirds indoor football team and member of the National Arena League. High-school football is held at Ratliff Stadium, which was featured in the movie Friday Night Lights. It is home to the Odessa Bronchos and the Permian Panthers. It is one of the largest high-school stadiums in the state, listed as seventh in capacity within Texas.
Odessa has a council–manager government, with a city council of five councillors (elected from geographic districts) and a mayor (elected at-large). The council appoints and directs other city officials, including the city manager, and sets the city’s budget, taxes, and other policies.
In the 2014 fiscal year, the Odessa government had $179.1 million in revenues, $146.3 million in expenditures, $454 million in total assets, and $203 million in total liabilities. The city’s major sources of public revenues were fees for services (such as public utilities), sales taxes, and property taxes, and its major expenses were for public safety and for water and sewer service.
On December 14, 2022, the Odessa City Council voted to make Odessa a “sanctuary city for the unborn.” In a 6-1 vote, Mayor Javier Joven and council members Denise Swanner, Mark Matta, Gilbert Vasquez, Chris Hanie, and Greg Connell established Odessa as the 62nd city to “outlaw” abortion. The new city ordinance makes a person civilly liable if any person aids, abets, or assists anybody in an abortion operation.
The Texas Department of Criminal Justice operates the Odessa District Parole Office in Odessa.
The United States Postal Service operates three post offices in Odessa: Odessa, Northeast Odessa, and West Odessa.
The University of Texas Permian Basin (UTPB) began in 1973. UTPB was an upper level and graduate university until the Texas Legislature passed a bill in spring 1991 to allow the university to accept freshmen and sophomores. As of 2006, the university was holding discussions with the Nuclear Regulatory Commission about the construction of a new High-Temperature Teaching and Test Reactor, which if successful, would finish licensing and construction around 2012. It would be the first university-based research reactor to be built in the US in roughly a decade, and be one of the few HTGR-type reactors in the world. In January 2006, UTPB’s School of Business was awarded accreditation by the Association to Advance Collegiate Schools of Business International, which is generally regarded as the premier accreditation agency for the world’s business schools. According to the university, only 30% of business schools in the United States, and 15% of world business schools, have received AACSB accreditation.
Texas Tech University Health Sciences Center Permian Basin Campus opened as a school of medicine in 1979, beginning in the basement of Medical Center Hospital. Since 1994, TTUHSC Permian Basin has included a school of allied health, offering a master’s degree in physical therapy. Also, on the campus of Midland College, it offers a physician-assistant program. Additionally, TTUHSC Permian Basin includes a school of nursing focusing on primary care and rural health. In June 1999, the Texas Tech Health Center opened as a clinic, providing increased access to primary and specialized health care for the Permian Basin. Texas Tech University Health Sciences Center Permian Basin also operates 21 WIC clinics located in nearby small communities.
Odessa College is a public, two-year college based in Odessa, serving the people of Ector County and the Permian Basin. It opened in 1952 and currently enrolls about 6,000 annually in its university-parallel and occupational/technical courses, and 11,000 students annually in its basic education, continuing education, and community recreation courses.
Odessa College serves most of Midland, as in the parts in Ector County. Parts in Midland County are assigned to Midland College.
The Ector County Independent School District serves portions of Odessa in Ector County (the vast majority of the city). ECISD was established in 1921, in a consolidation of seven area schools. The district now contains 38 campuses. It administers these high schools: Permian High School, Odessa High School, George H. W. Bush New Tech Odessa, OC Techs at Odessa College and Odessa Collegiate Academy, also at Odessa College.
The portion of Odessa in Midland County is zoned to the Midland Independent School District.
Odessa’s private schools include Montessori Mastery School of Odessa, Latter Rain Christian School, Odessa Christian School, Permian Basin Christian School, Faith Community Christian Academy, St. John’s Episcopal School, St. Mary’s Central Catholic School (of the Roman Catholic Diocese of San Angelo, Rainey School of Montessori, Sherwood Christian Academy, and Zion Christian Academy. Odessa is also home to five charter schools: Compass Academy Charter School, UTPB STEM Academy, Harmony Science Academy-Odessa, Embassy Academy, and Richard Milburn Academy-Odessa.
The city’s main daily newspaper is the Odessa American.
Midland International Airport is served by:
Midland Spaceport is not currently served by any commercial space companies.