Insurance Requirements for Owner Operators Back Mountain, Pennsylvania
JDW Truckers Insurance can answer your questions regarding Insurance Requirements for Owner Operators Back Mountain, Pennsylvania. 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 Back Mountain, Pennsylvania with high AM Best Rating so when JDW Truckers Insurance helps you get your owner operators truck insurance in Back Mountain, Pennsylvania 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.
The Back Mountain is a region and former census-designated place (CDP) in Luzerne County, Pennsylvania, United States. It is near the cities of Scranton and Wilkes-Barre. The population was 33,551 as of 2016. The region has a total area of 117.59 square miles (304.6 km2). The area was not delineated as a CDP for the 2010 census. The name “Back Mountain” refers to the area’s location behind the mountain ridge forming the northwest side of the Wyoming Valley. The area includes the townships of Dallas, Franklin, Jackson, Kingston, Lake, and Lehman. The region also includes the boroughs of Dallas and Harveys Lake. Each township and borough is independently governed.
The townships of Dallas, Franklin, Jackson, Kingston, Lake, and Lehman were formed in the 1800s. The area now known as Dallas was first settled in 1797. It was incorporated as a borough on April 21, 1879, from a section of Dallas Township. The township, formed in 1817, and was named for Alexander J. Dallas, the 6th United States Secretary of the Treasury and the father of George M. Dallas the vice president of James Polk. The Borough of Dallas is known as the “Pride” of the Back Mountain.
The second borough in the Back Mountain region is Harveys Lake. The lake was named after Benjamin Harvey, who discovered the lake in 1781. He was a member of the Sons of Liberty, an eminent colonial-era group opposed to Great Britain’s Stamp Act and a driving force behind the American Revolution. The first resident in the vicinity of the lake, Matthew Scouten, arrived in the early 1790s, others settlers, the Worthingtons, arrived in 1806.
Historically the area offered many forms of recreation and entertainment attracting tourists from all over the Northeast. Harveys Lake became a major resort destination in the early 20th century. Hotels, boathouses, a casino, and an amusement park were constructed around Harveys Lake. Grand Hotel Oneonta was especially prominent in the early 1900s, and former United States President Theodore Roosevelt visited the hotel in August 1912. Harveys Lake was incorporated as a borough in 1968.
Frances Slocum State Park is the only state park in the Back Mountain. In 1968, the lake, which is the centerpiece of the park, was built to control flooding in the North Branch Susquehanna River. In 1972, the park became a temporary home to 280 families who were displaced by the Agnes floods. The park was closed temporarily to the public and reopened in 1974 after all the families were relocated.
As of 2016, 33,551 people lived in the Back Mountain. It consists of six townships and two boroughs. The Back Mountain is located at 41°19′13″N 75°58′22″W / 41.32028°N 75.97278°W (41.320230, -75.972645). The region has a total area of 117.59 square miles (304.6 km2). It is home to Frances Slocum State Park, Lake Louise, and Harveys Lake.
As of the census of 2000, there were 26,690 people, 9,267 households, and 6,894 families residing in the census-designated place (CDP). The population density was 249.5 people per square mile (96.3/km2). There were 9,997 housing units at an average density of 93.5/sq mi (36.1/km). The racial makeup of the CDP was 94.45% White, 4.30% African American, 0.10% Native American, 0.52% Asian, 0.02% Pacific Islander, 0.18% from other races, and 0.43% from two or more races. Hispanic or Latino of any race were 1.05% of the population.
There were 9,267 households, out of which 32.5% had children under the age of 18 living with them, 63.1% were married couples living together, 8.0% had a female householder with no husband present, and 25.6% were non-families. 21.9% of all households were made up of individuals, and 10.8% had someone living alone who was 65 years of age or older. The average household size was 2.57 and the average family size was 3.01.
In the CDP the population was spread out, with 21.5% under the age of 18, 8.4% from 18 to 24, 29.1% from 25 to 44, 26.5% from 45 to 64, and 14.5% who were 65 years of age or older. The median age was 40 years. For every 100 females, there were 107.2 males. For every 100 females age 18 and over, there were 105.7 males.
The median income for a household in the CDP was $49,298, and the median income for a family was $57,342. Males had a median income of $39,566 versus $27,202 for females. The per capita income for the CDP was $23,105. About 4.8% of families and 6.5% of the population were below the poverty line, including 6.6% of those under age 18 and 8.2% of those age 65 or over.
