Cheapest Owner Operators Truck Insurance Parkland, Florida
JDW Truckers Insurance can answer your questions regarding Cheapest Owner Operators Truck Insurance Parkland, 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 Parkland, Florida with high AM Best Rating so when JDW Truckers Insurance helps you get your owner operators truck insurance in Parkland, 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.
Parkland is a suburban city, 42 miles northwest of Miami, in northern Broward County, Florida, United States. As of the 2020 census, the population of Parkland was 34,670. Parkland is part of the Miami metropolitan area, which was home to 6,166,488 people in 2020.
Parkland’s zoning laws are designed to protect the “park-like” character of the city. There were no stores or traffic lights in Parkland until the mid-1990s and early 2000s when large neighborhood developments (Heron Bay and Parkland Isles) were built.
Parkland was incorporated as a city on August 13, 1963, by C. Farris Bryant, the Governor of Florida.
On February 14, 2018, Marjory Stoneman Douglas High School, a High School in Parkland, became the scene of a deadly mass shooting perpetrated by a 19-year-old former student of the school. It was the fifth deadliest high school shooting in United States history.
Parkland is located at 26°18′55″N 80°14′26″W / 26.315357°N 80.240444°W. According to the United States Census Bureau, the city has a total area of 12.8 square miles (33.2 km2), of which 12.3 square miles (31.9 km) is land and 0.50 square miles (1.3 km2) (3.97%) is water. The northern boundary of Parkland coincides with the border between Broward and Palm Beach counties. West Boca Raton, an unincorporated area of Palm Beach County that extends west of Boca Raton’s city limits, lies to the north. Coconut Creek lies to the east, Coral Springs lies to the south and the west is bounded by the Everglades.
As of the 2020 United States census, there were 34,670 people, 9,752 households, and 8,472 families residing in the city.
As of 2010, there were 8,292 households, out of which 7.4% were vacant. In 2000, the city population was spread out, with 35.1% under the age of 18, 4.3% from 18 to 24, 32.8% from 25 to 44, 24.0% from 45 to 64, and 3.8% who were 65 years of age or older. The median age was 36 years. For every 100 females, there were 99.0 males. For every 100 females age 18 and over, there were 93.7 males.
According to a 2016 estimate, the median income for a household in the city was $131,340, and the estimated median house value was $596,212. Males had a median income of $103,942 versus $81,425 for females. The per capita income for the city was $56,793. About 2.0% of families and .4% of the population were below the poverty line, including 3.2% of those under age 18 and none of those age 65 or over.
As of 2000, 82.79% of inhabitants spoke English at home, while 11.48% spoke Spanish, of 2.03% spoke Italian, and 1.20% spoke German.
Parkland elects a five-member City Commission. Elections are non-partisan, however, all current members are party-affiliated (4 Democrats and 1 Republican).
Broward County Public Schools operates public schools in Parkland.
Public high school
In addition the community is in the service area of the magnet school Pompano Beach High School.
Public middle school
Public elementary schools
Portions are zoned to Coral Park and Park Springs elementaries in Coral Springs.
Private primary schools
