Insurance Requirements for Owner Operators Dania Beach, Florida
JDW Truckers Insurance can answer your questions regarding Insurance Requirements for Owner Operators Dania Beach, 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 Dania Beach, Florida with high AM Best Rating so when JDW Truckers Insurance helps you get your owner operators truck insurance in Dania Beach, 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.
Dania Beach (Dania until 1998) is a city in Broward County, Florida, United States. It is part of the South Florida metropolitan area. As of the 2020 census, the city’s population was 31,723. Dania Beach is the location of one of the largest jai alai frontons in the United States, The Casino at Dania Beach. It was formerly the location for two amusement centers; one named Boomers! (formerly Grand Prix Race-O-Rama), which housed the Dania Beach Hurricane roller coaster, and the other being Pirates World amusement park, which was featured in Barry Mahon’s Thumbelina. It is also home to the International Game Fish Association Hall of Fame and Museum.
The area was started as a neighborhood called Modello in the late 19th century. In November 1904, the area was incorporated as the town of Dania, because most of the 35 residents were farmers of Danish ancestry. On January 4, 1926, Dania voted to annex itself to the City of Hollywood.
After the September 1926 Miami hurricane decimated Hollywood’s fortunes, most of Dania seceded from the City of Hollywood and reincorporated as a city. The areas that chose to remain part of the City of Hollywood caused Dania’s current noncontinuous city boundaries. In November 1998, Dania formally changed its name to Dania Beach. The name Dania is still commonly used to refer to the city.
In 2001, the city annexed several unincorporated areas of Broward County, increasing its population by about 3,600 people.
Formerly known as the “Tomato Capital of the World”, once the city went from a farming settlement to an urban city, it soon took on the name “Antique Capital of the South”, due to many antique shops in downtown Dania Beach, especially along Federal Highway, known as the city’s “Antique Row”.
Dania Beach is located at 26°03′18″N 80°09′11″W / 26.054916°N 80.153119°W. According to the United States Census Bureau, the city has a total area of 8.3 sq mi (21.6 km), of which 0.27 sq mi (0.7 km) (3.04%) is covered by water.
Dania Beach’s boundaries are Fort Lauderdale to the north, Hollywood to the south, Hollywood and the Atlantic Ocean to the east, and Davie along with the Hollywood Seminole Indian Reservation to the west of the city.
Dania Beach is adjacent to Fort Lauderdale-Hollywood International Airport.
As of the 2020 United States census, there were 31,723 people, 12,237 households, and 7,429 families residing in the city.
As of 2010, the city had15,671 households, of which 17.8% were vacant. In 2000, 21.4% had children under 18 living with them, 34.9% were married couples living together, 14.1% had a female householder with no husband present, and 46.0% were not families. About 35.0% of all households were made up of individuals, and 10.8% had someone living alone who was 65 or older. The average household size was 2.19, and the average family size was 2.85.
In 2000, the age distribution was 20.0% under 18, 6.9% from 18 to 24, 31.9% from 25 to 44, 25.1% from 45 to 64, and 16.1% who were 65 or older. The median age was 40 years. For every 100 females, there were 99.6 males. For every 100 females 18 and over, there were 99.4 males.
In 2000, the median income for a household in the city was $34,125, and for a family was $37,405. Males had a median income of $35,081 versus $26,535 for females. The per capita income for the city was $20,795. About 14.6% of families and 18.3% of the population were below the poverty line, including 31.6% of those under age 18 and 16.0% of those age 65 or over.
As of 2000, English as a first language was spoken by 76.85%, while Spanish accounted for 12.38%, French at 4.88%, French Creole at 1.94%, Italian at 1.36%, and Arabic was spoken by 0.80% of the population.
As of 2000, Dania Beach had the 127th-highest percentage of Cuban residents in the US, at 1.69% of the city’s population (tied with Fort Lauderdale and Parkland.)
The airline Sun Air International has its headquarters in Dania Beach.
American Maritime Officers is headquartered in Dania Beach, as is the Alec Bradley Cigar Co., a maker of hand-rolled cigars.
Carnival Air Lines was headquartered in Dania Beach. Gulfstream International Airlines was formerly headquartered in Dania Beach.
Chewy.com is headquartered in the town, as well.
Dania Beach’s public schools are operated by the Broward County Public Schools. Its public elementary schools include Collins Elementary School and Dania Elementary School. Olsen Middle School is a local public middle school, and South Broward High School serves the area from neighboring Hollywood, Florida.
During the segregation period, the first school for Black students met in the St. Ruth Missionary Baptist Church.
Dania Beach is a part of the Miami-Fort Lauderdale-Hollywood media market, which is the 12th-largest radio market and the 17th largest television market in the United States. Its primary daily newspapers are the South Florida-Sun Sentinel and The Miami Herald, and their Spanish-language counterparts El Sentinel and El Nuevo Herald.
Dania Beach is served by the Fort Lauderdale Airport station on the Tri-Rail. It is also served by several Broward County Transit buses.
