Cheapest Owner Operators Truck Insurance West Lafayette, Indiana
JDW Truckers Insurance can answer your questions regarding Cheapest Owner Operators Truck Insurance West Lafayette, Indiana. 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 West Lafayette, Indiana with high AM Best Rating so when JDW Truckers Insurance helps you get your owner operators truck insurance in West Lafayette, Indiana 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.
West Lafayette is a city in Wabash Township, Tippecanoe County, Indiana, United States, about 65 miles (105 km) northwest of the state capital of Indianapolis and 113 miles (182 km) southeast of Chicago. West Lafayette is directly across the Wabash River from its sister city, Lafayette. As of the 2020 census, its population was 44,595. A college town, it is the most densely populated city in Indiana and is home to Purdue University.
Augustus Wylie laid out a town in 1836 in the Wabash River floodplain south of the present Levee. Due to regular flooding of the site, Wylie’s town was never built. The present city was formed in 1888 by the merger of the adjacent suburban towns of Chauncey, Oakwood, and Kingston, located on a bluff across the Wabash River from Lafayette, Indiana. The three towns had been small suburban villages which were directly adjacent to one another. Kingston was laid out in 1855 by Jesse B. Lutz. Chauncey was platted in 1860 by the Chauncey family of Philadelphia, wealthy land speculators. Chauncey and Kingston formed a municipal government in 1866 which selected the name “Chauncey”.
The new town of Chauncey remained a small suburban village until Purdue University opened in 1869. In 1871 Chauncey voted to be annexed by Lafayette because it was unable to provide the infrastructure (such as improved streets, waterworks, police and fire protection). Lafayette voted against annexing Chauncey because of the high cost of the many improvements that the village lacked. In May 1888, the town of Chauncey voted to change its name to West Lafayette after a petition signed by 152 electors. By that time, the growth of the university was fueling the growth of the little town. The address of Purdue University was given as “Lafayette, Indiana” until well into the twentieth century. West Lafayette never gained a railroad depot and lagged several years behind Lafayette in the establishment of municipal infrastructure and services. Today, West Lafayette has established itself as a separate city, with independent services and unique neighborhoods distinct from those of its sister city, Lafayette.
In November 2013, the City of West Lafayette approved an annexation that placed much of the Purdue University academic campus and residence hall system within the official boundaries of the municipality for the first time. This expansion also included a large section of the US Highway 231 corridor that was previously part of unincorporated Tippecanoe County.
Alpha Tau Omega Fraternity House, Jesse Andrew House, Chauncey-Stadium Avenues Historic District, John E. and Catherine E. Christian House, Curtis-Grace House, Happy Hollow Heights Historic District, Hills and Dales Historic District, Morton School, and The Varsity are listed on the National Register of Historic Places.
West Lafayette lies in central Tippecanoe County and overlooks the Wabash River, which borders the city on the east and south. Most of the city lies in eastern Wabash Township, though a small portion on the northeast side extends into Tippecanoe Township. Elevations range from slightly over 500 feet (150 m) near the river to more than 720 feet (220 m) in northern parts of the city near U.S. Route 52.
According to the 2010 census, West Lafayette has a total area of 7.63 square miles (19.76 km), of which 7.62 square miles (19.74 km2) (or 99.87%) is land and 0.01 square miles (0.03 km) (or 0.13%) is water.
As of the census of 2020, there were 44,595 people living in the city.
As of the census of 2010, there were 29,796 people, 11,945 households, and 4,072 families living in the city. The population density was 3,884.0 inhabitants per square mile (1,499.6/km2). There were 12,591 housing units at an average density of 1,652.4 per square mile (638.0/km). The racial makeup of the city was 60.2% White, 9.8% African American, 0.1% Native American, 17.3% Asian, 1.9% from other races, and 2.1% from two or more races. Hispanic or Latino of any race were 7.6% of the population.
There were 11,945 households, of which, 16.0% had children under the age of 18 living with them, 27.2% were married couples living together, 4.4% had a female householder with no husband present, 2.5% had a male householder with no wife present, and 65.9% were non-families. 34.2% of all households were made up of individuals, and 7.9% had someone living alone who was 65 years of age or older. The average household size was 2.22 and the average family size was 2.92.
The median age in the city was 22.8 years. 11.8% of residents were under the age of 18; 49.4% were between the ages of 18 and 24; 18.4% were from 25 to 44; 11.7% were from 45 to 64; and 8.7% were 65 years of age or older. The gender makeup of the city was 54.2% male and 45.8% female.
Following the 2010 census, West Lafayette annexed additional territory including the Purdue University main campus. The census bureau released an updated report to reflect the boundary updates. The census now reports 14,053 households and a population of 44,910.
As of the census of 2000, there were 28,778 people, 10,462 households, and 3,588 families living in the city. The population density was 5,219.6 inhabitants per square mile (2,015.3/km2). There were 10,819 housing units at an average density of 1,962.3 per square mile (757.6/km). The racial makeup of the city was 69.3% White, 13.3% Asian, 8.4% African American, 0.2% Native American, <0.1% Pacific Islander, 1.2% from other races, and 1.6% from two or more races. Hispanic or Latino of any race were 9.2% of the population.
There were 10,462 households, out of which 14.9% had children under the age of 18 living with them, 27.6% were married couples living together, 4.4% had a female householder with no husband present, and 65.7% were non-families. 32.7% of all households were made up of individuals, and 7.3% had someone living alone who was 65 years of age or older. The average household size was 2.26 and the average family size was 2.89.
In the city, the population was spread out, with 10.4% under the age of 18, 54.6% from 18 to 24, 16.9% from 25 to 44, 10.3% from 45 to 64, and 7.7% who were 65 years of age or older. The median age was 22 years. For every 100 females, there were 133.5 males. For every 100 females age 18 and over, there were 137.2 males.
The median income for a household in the city was $24,869, and the median income for a family was $51,510.The per capita income for the city was $18,337. About 22.5% of families and 38.3% of the population were below the poverty line.
The economy of West Lafayette is heavily influenced by the presence of Purdue University, with an enrollment of over 50,000, more than the city’s population. The university employs 12,000 people, most of whom live in either West Lafayette or Lafayette.
The 725-acre (2.93 km) Purdue Research Park, established in 1961, is home to more than 140 companies of which nearly 100 are technology related. As of 2009, these companies employ more than 3,000. The Park offers communications infrastructure, research facilities, a business incubation complex to help start-up firms and scenic walking trails and lakes. It is one of the largest university-affiliated research parks in the United States. The Purdue Research Park is owned by Purdue Research Foundation, the University’s non-profit funding and technology licensing arm.
Commercial activities, however, take place mostly across the river in Lafayette. The largest commercial area in West Lafayette is the 90-acre (360,000 m) Wabash Landing/Levee area, which has become a thriving urban-type district since the entire area was reconstructed and the Pedestrian Bridge to Lafayette replaced the old State Street bridge. The Levee features Wabash Landing, a complex containing shops, restaurants, coffee houses, a 9-screen movie theater, a Hilton Garden Inn, and the Riverside Skating Center.
The town has a lending library, the West Lafayette Public Library. There is also a branch of the county-run library (Tippecanoe County Public Library) in the Klondike area to the west of the city.
The city’s elected officials consist of the mayor, a clerk, and a nine-member Common Council.
The nine-member Common Council holds the city’s legislative authority and makes the laws through ordinances, orders, resolutions and motions. The city is divided into 6 districts, and the Common Council consists of one council member from each district, plus three at-large council members. Elected by the council members, the president of the Common Council presides over the council meetings and is first in the line of succession should the mayor not finish his or her term of office.
All city elected officials have a term of office of four years with no limit on the number of terms. Regular elections for all offices are held at the same time in the odd year preceding the presidential election year.
The following is a list of all mayors of West Lafayette since the position began in 1924.
West Lafayette is the home of Purdue University’s main campus, with an enrollment of over 40,000 students.
The West Lafayette Community School Corporation administers three schools. The school district is not coterminous with the municipality; areas annexed by the city after 2000 continue to be served by county schools. Students attend West Lafayette Elementary School (formerly Cumberland Elementary School) through third grade, while students in grades 4–6 attend West Lafayette Intermediate School. Students in the 7th grade and above attend West Lafayette Junior-Senior High School. The West Lafayette Community School Corporation is a top rated, public school district with numerous accolades.
The Seventh-day Adventist Church operates Pleasantview SDA School which offers courses for grades K–8, and the Montessori School of Greater Lafayette teaches K–6. There are other schools, both public and private, that have a West Lafayette address, but these are actually located outside the city limits.
Approximately 77% of West Lafayette’s population age 25 or older hold a bachelor’s degree or higher according to the U.S. Census 2005–2007 American Community Survey. The city ranks sixth highest on this measure among U.S. municipalities between 20,000 and 65,000 population.
In addition, the Tippecanoe School Corporation and Lafayette School Corporation operate public schools outside the West Lafayette city limits. There is also a variety of private schools in Lafayette and an Ivy Tech Community College branch.
West Lafayette residents use many of the news and media outlets located in its twin city of Lafayette. Media located in West Lafayette proper include:
Public transportation in West Lafayette is managed by the Greater Lafayette Public Transportation Corporation.
For notable residents associated with Purdue University, see List of Purdue University people.
For notable natives from the neighboring city Lafayette, Indiana, see that page.