Insurance Requirements for Owner Operators Coppell, Texas
JDW Truckers Insurance can answer your questions regarding Insurance Requirements for Owner Operators Coppell, 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 Coppell, Texas with high AM Best Rating so when JDW Truckers Insurance helps you get your owner operators truck insurance in Coppell, 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.
Coppell ( ca-PEL) is a city in the northwest corner of Dallas County in the U.S. state of Texas. It is a suburb of Dallas and a bedroom community in the Dallas–Fort Worth metroplex. Its population was 42,983 at the 2020 census. A small area in the far northern portion of the city extends into neighboring Denton County.
The Coppell area was settled by German and French immigrants in the 1840s. Members of the Peters Colony also settled here in the 1840s. Originally named Gibbs Station, after Barnett Gibbs (one of Texas’s first lieutenant governors), the town was renamed in 1892 for George Coppell, a New York banker, who was born in Liverpool, England and probably moved to the United States circa 1859. He was reportedly heavily involved with the final construction of the local railroad line. Popular belief is that he was an engineer, but little or no evidence supports that claim.
In 1955, the community was incorporated through a ballot measure that passed by a vote of 41 to 1. Spurred by the opening of Dallas/Fort Worth International Airport (DFW Airport) in 1974, the city was radically transformed from a tiny farming village to a large, upper-middle class suburban community in the 1980s and 1990s. By 2000, almost all of the residentially zoned land in the city was developed, and the population grew to over 35,000. In addition to suburban homes, the city has a growing commercial base of warehouses and transportation centers on the south and west sides of the city, closest in proximity to the airport.
Coppell is located at 32°58′2″N 96°59′12″W / 32.96722°N 96.98667°W (32.967341, −96.986564).
According to the United States Census Bureau, the city has a total area of 14.7 square miles (38.0 km), of which 14.4 square miles (37.3 km) are land and 0.31 square miles (0.8 km), or 2.00%, is covered by water.
Coppell occupies the northwest corner of Dallas County and lies in proximity to DFW Airport. A portion of the airport property is within the city limits of Coppell. It is bordered on the west by Grapevine, on the north by Lewisville, on the east by Carrollton, and on the south by Irving and Dallas.
As of the 2020 United States census, there were 42,983 people, 15,231 households, and 12,178 families residing in the city. As of the census data estimates for 2019, 41,645 people, 15,538 households, and 12,155 families were residing in the city. The population density was 2,827.2 inhabitants per square mile (1,091.6/km). There are 16,002 housing units averaged 1,086.3 per mi (419.4/km). The racial makeup of the city was 67.1% White, 4.2% African American, 0.2% Native American, 24.4% Asian, 0.8% from other races, and 3.2% from two or more races. Hispanics or Latinos of any race were 13.1% of the population.
Of the 15,538 households, 44.1% had children under the age of 18 living with them, 65.0% were married couples living together, 3.0% were widowed, 9.0% were divorced, 0.9% were separated, and 22.0% were single. About 20.1% of all households were made up of individuals, and 5.1% had someone living alone who was 65 years of age or older. The average household size was 2.2.68, and the average family size was 3.09.
In the city, the age distribution was 27.0% under the age of 18, 4.9% from 18 to 24, 35.9% from 25 to 44, 34.7% from 45 to 64, and 9.0% who were 65 years of age or older. The median age was 40.5 years. For every 100 females, there were 92.6 males.
According to a 2019 estimate, the median income for a household in the city was $122,340, and for a family was $141,867. Males had a median income of $87,484 versus $46,038 for females. The per capita income for the city was $41,645. About 2.1% of families and 2.6% of the population were below the poverty line, including 3.7% of those under age 18 and 2.3% of those age 65 or over. In 2020, the city was ranked as the 10th most affluent city in Texas.
Coppell’s economy relies largely on its proximity to DFW Airport, which is directly to its southwest and accessible by several highways and surface routes. As such, many corporations have shipping and distribution facilities in a large commercial zone comprising the southwestern section of the city, among them Amazon, Avaya, Nokia, IBM, The Container Store, Uline and Mohawk Industries. In March 2010, Samsung opened a new cell-phone manufacturing and distribution facility in the city. Anime distributor Funimation (now branded as Crunchyroll) moved to the new Cypress Waters development on Olympus Boulevard in late 2021.
Coppell is home to the gymnastics club Texas Dreams Gymnastics. The club has coached Peyton Ernst and Bailie Key and has a strong team of upcoming level 10 gymnasts. The head coach is former Olympian, and the first American “All Around” World Champion Gold Medalist 1991, Kim Zmeskal Burdette.
Coppell residents are served by one of four school districts.
Coppell Independent School District (CISD) is responsible for the kindergarten–grade 12 education of the majority of the City of Coppell’s children. A portion of the CISD also covers parts of north Irving in the Valley Ranch area and those portions of Lewisville that fall south of the current Dallas/Denton County boundary. Its high schools are Coppell High School and the more recently opened New Tech High.
Carrollton-Farmers Branch ISD serves easternmost Coppell, south of Sandy Lake Rd. and to the east of Macarthur Blvd., including the Riverchase area, and students matriculate to Barbara Bush Middle School and Ranchview High School in Irving. A portion of Coppell in Dallas County is within Grapevine-Colleyville Independent School District.
Lewisville ISD serves the northernmost section of Coppell falling in Denton County, including the Coppell Greens subdivision. This area is north of State Highway 121.
All of the elementary schools in the Coppell Independent School District are rated “exemplary” by the Texas Education Agency (in 2008), as are Coppell Middle School North and Coppell Middle School East. Coppell Middle School West, Coppell High School, and the district as a whole are rated “recognized”. New Tech High received an “exemplary” ranking in its first year, the 2008–2009 school year. Riverchase Elementary (in the Carrollton-Farmers Branch Independent School District, but located in Coppell) is rated “recognized”. Students from that school go on to attend the Barbara Bush Middle School and Ranchview High School in neighboring Valley Ranch. They are rated “academically acceptable” and “recognized”, respectively.
The Coppell ISD was ranked as the top music program in the United States by the Music Educators Association in 2000. In August 2001, Coppell voters approved a sales tax increase to provide funding for arts in the school district. The Coppell High School Marching Band won the Texas 4A UIL championship in 1999 and finished third in 5A in 2009. The Coppell Middle School North Band won the Texas state championship in 2006, 2011, and 2016. The Coppell Middle School East band finished fourth in state in 2011.
Coppell High School’s news program, KCBY-TV, has won several national awards for their work with video production. The KCBY broadcast department features local stories reaching out to the community in the school, as well as the community outside of school. The KCBY sports department offers a live broadcast of all of the athletic home games. The Head of KCBY is Irma Kennedy, who had worked with NBC prior to taking the job. In the summer of 2010, KCBY got an estimated $500,000 worth of new equipment, as it prepared to take on the challenges of a live broadcast in spring 2011. The news program also features a movie-related segment every week featuring new upcoming movies and more.
New Tech High’s film program, NT Fuze, has had several of its productions accepted to major film festivals, including South by Southwest and the Dallas International Film Festival. NT Fuze provides students a chance to learn the art of filmmaking and use the latest production tools. NT Fuze produces quality content not only for New Tech and Coppell ISD, but also for local businesses and organizations.
Coppell is next to the northeast corner of DFW Airport. No freeways go directly through the city, but the entire perimeter is served by SH121 and the Sam Rayburn Tollway (west and north), Interstate 635 (south), and the President George Bush Turnpike and Interstate 35E (east).
Coppell has no public transportation; it was a charter member of Dallas Area Rapid Transit (DART), but voters elected to withdraw from DART in 1989. This election remains controversial today, as the city had a much smaller population in the 1980s, and the lack of membership in DART likely prevents the city from participating in the planned Silver Line commuter rail system. Since Coppell borders DART member cities Carrollton, Dallas, and Irving, it can rejoin at a later date if it wishes, provided that it can assess the mandatory 1% sales tax. The future Cypress Waters station in Coppell is expected to be served by the Silver Line.
