Insurance Requirements for Owner Operators Hollywood, Florida
JDW Truckers Insurance can answer your questions regarding Insurance Requirements for Owner Operators Hollywood, 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 Hollywood, Florida with high AM Best Rating so when JDW Truckers Insurance helps you get your owner operators truck insurance in Hollywood, 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.
Hollywood is a city in southern Broward County, Florida. It is a key suburb of the Miami metropolitan area, which was home to 6.14 million people in 2020. As of the 2020 census, the population was 153,067, making it the third-largest city in Broward County, the fifth-largest city in the Miami metro area, and the 12th-largest city in Florida. The average temperature is between 69 and 83 °F (21 and 28 °C).
In 1920, Joseph Young arrived in South Florida to create his own “Dream City in Florida”. His vision included the beaches of the Atlantic Ocean stretching westward with man-made lakes, infrastructure, roads, and the Intracoastal Waterway. He wanted to include large parks, schools, churches, and golf courses; these were all industries and activities that were very important to Young’s life. After Young spent millions of dollars on the construction of the city, he was elected as the first mayor in 1925. This new town quickly became home to northerners known as “snowbirds”, who fled the north during the winter and then escaped the south during the summer to avoid the harsh weather. By 1960, Hollywood had more than 2,400 hotel units and 12,170 single-family homes. Young bought up thousands of acres of land around 1920, and named his new town “Hollywood by the Sea” to distinguish it from his other real-estate venture, “Hollywood in the Hills”, in New York.
The Florida guide, published by the Federal Writers’ Project, describes the early development of Hollywood, an early example of a planned community that proliferated in Florida during the real-estate boom of the 1920s:
Prospective purchasers of land were enticed by free hotel accommodation and entertainment, and “were driven about the city-to-be on trails blazed through palmetto thickets; so desolate and forlorn were some stretches that many women became hysterical, it is said, and a few fainted. Young had a vision of having lakes, golf courses, a luxury beach hotel (Hollywood Beach Hotel, now Hollywood Beach Resort), country clubs, and a main street, Hollywood Boulevard. After the 1926 Miami hurricane, Hollywood was severely damaged; local newspapers reported that Hollywood was second only to Miami in losses from the storm. Following Young’s death in 1934, the city encountered other destructive hurricanes, and the stock market crashed with personal financial misfortunes.
Hurricane Irma hit Florida in 2017, wreaking widespread damage. Due to the spontaneity of the hurricane, nearly 700 elderly nursing-home residents died. In an investigation following the hurricane, some of the deaths were found to be not actually a result of the hurricane, but the poor conditions to which they were exposed in the aftermath. Four nursing-home staff charged with negligence and counts of manslaughter. Following the damage inflicted by Hurricane Irma in 2017, an initiative called Rebuild Florida was created by the Florida Department of Economic Opportunity to provide aid to citizens affected by the natural disaster. The initial focus of Rebuild Florida was its Housing Repair Program, which offered assistance in rebuilding families’ homes that were impacted by Hurricane Irma. The program gave priority to low-income vulnerable residents, such as the disabled, the elderly, and those families with children under five. The success of this program has various results across the city, with hundreds of citizens claiming they were left without help.
According to the United States Census Bureau, the city has a total area of 30.8 square miles (80 km), of which 3.46 square miles (9 km) are covered by water (11.23%).
Hollywood is in southeastern Broward County, and includes about 5 to 6 miles (8.0 to 9.7 km) of Atlantic Ocean beach, interrupted briefly by a portion deeded to Dania Beach. It is bounded by these municipalities:
These neighborhoods and communities are officially recognized by the City of Hollywood:
Hollywood has a tropical rainforest climate (Köppen climate classification Af), with long, hot, humid, and rainy summers and short, warm, and dry winters.
As of 2000, Hollywood had the 75th-highest percentage of Cuban residents in the U.S., at 4.23% of the city’s population, and the 65th-highest percentage of Colombian residents in the US, at 2.26% of the city’s population (tied with both the town and village of Mount Kisco, New York.) It also had the fifty-seventh highest percentage of Peruvian residents in the US, at 1.05% of the city’s population (tied with Locust Valley, New York), and the 20th-highest percentage of Romanian residents in the US, at 1.1% of its population (tied with several other areas in the US).
Prior to their dissolutions, Commodore Cruise Line and its subsidiary Crown Cruise Line had their headquarters in Hollywood.
Aerospace and electronics parts manufacturer HEICO has its headquarters in Hollywood.
Since 1991, the Invicta Watch Group, a manufacturer and marketer of timepieces and writing instruments, has had its headquarters in Hollywood, where it also operates its customer-service call center.
According to the city’s 2019 Comprehensive Annual Financial Report, the top employers in the city are:
Guided tours along the Intercostal Waterway are common in Hollywood. The waterway, parallel to the Atlantic Ocean, provides both tourists and locals with the exploration of nature and observation of surroundings.
Young Circle is another area surrounded by shops, restaurants, and bars. A Food-Truck Takeover occurs every Monday, during which dozens of local food trucks park and offer a variety of cuisines, including Cuban, Venezuelan, Mediterranean, Mexican, Jamaican, and Peruvian foods, in addition to barbecue, burgers, gourmet grilled cheese, and desserts.
Hollywood has about 60 parks, seven golf courses, and sandy beaches.
Hollywood Beach has a broadwalk that extends about 2.5 miles along the Atlantic Ocean. Parking is available on side streets or in parking garages for a fee, and public trolleys run through the day. Restaurants and hotels line the broadwalk, along with a theatre, children’s playground, and other attractions, including bicycle-rental shops, ice-cream parlors, souvenir shops, and a farmer’s market. The broadwalk is used for walking and jogging, and has a bike lane for bicyclists and rollerbladers.
Hollywood has a diverse and broad number of educational institutions throughout the city, including 32 public (and charter) schools with 24 private schools. The public schools are operated by the Broward County Public Schools.
Broward County operates 24 public schools, consisting of four high schools, six middle schools, and 14 elementary schools.
The public high schools situated in Hollywood are: Hollywood Hills High School, McArthur High School, South Broward High School, and Sheridan Technical College and High School.
The public middle schools include: Apollo Middle School, Attucks Middle School, Driftwood Middle School, McNicol Middle School, Olsen Middle School and Beachside Montessori Village.
The 14 elementary schools comprise:
In addition to these public schools, eight public ‘charter’ schools operate independently from Broward County. They are: Hollywood Academy of Arts and Science (K–8), New Life Charter Academy, Championship Academy of Distinction at Hollywood K–5, Championship Academy of Distinction, Avant Garde Academy of Broward (K–12), BridgePrep Academy at Hollywood Hills, Ben Gamla Preparatory Academy and Bridge Prep Academy.
Hollywood, Florida has an abundance of private schools scattered across the city. These are:
Hollywood is served by Fort Lauderdale-Hollywood International Airport, the 22nd busiest airport in the United States. Broward County Transit operates several bus routes that pass through the city of Hollywood, such as the 1 on US 1 (federal highway). It is also served by Tri-Rail stations at Sheridan Street and Hollywood.
The Hollywood Police Department is an entity within the city government tasked with law enforcement.
The television game show Hollywood Squares taped a week of shows at the historic Diplomat Hotel in 1987 and featured aerial footage shot over Hollywood, Florida.
Episode 15 of season six of the HBO crime drama The Sopranos featured scenes shot in the vicinity of the Hollywood Beach Marriott along Carolina Street.
The Art and Culture Center of Hollywood is the exterior of the police substation in the now-cancelled TV show The Glades.
The comedy series Big Time in Hollywood, FL is set in Hollywood, Florida.
Hollywood’s sister cities are:
Small Fleet Commercial Truck Insurance
Small fleet truck insurance encompasses a large portion commercial truck insurance policies that are written for truckers. You need an agent that understands these markets.
We will explain your options in detail. We answer your questions. How many trucks can I grow to? Can I add and remove trucks? How fast can I swap trucks? Can I have owner operators leased on? How fast can I get a COI?
Small fleet truck insurance pricing starts at 3 trucks. We work with 20 plus commercial truck insurance companies to help you find the best commercial truck insurance rates. Our carriers have high AM Best Ratings.
GET SMALL FLEET TRUCK INSURANCE QUOTES HERE
UIIA Insurance
No matter if you are a seasoned trucking operation hauling UIIA intermodal or you are looking to expand the cargo you are hauling. We have markets to help you either way.
Does your policy have the CA 2317 endorsement? What chassis pools are your working with? If you work with an EP that in not on the UIIA EP list. How is this handled? For example, Direct Chassis. Does your trailer interchange offer the same coverage as non-owned trailer coverage? Do you have the correct blanket AI and WOS endorsements? Do I need workers compensation? Can I work ports and rails? Is there a radius limit? You do not want to buy a commercial truck insurance policy only to find out it will not offer the correct UIIA coverages. Your agent should have a network of commercial truck insurance companies who offer the correct UIIA endorsements on your policy?
New Authority Truck Insurance Quotes
Shopping for the Best Trucking Insurance for New Authority can be task that never seems to end. You get phone call after phone call. And in many cases each agent you speak with may have a different story concerning what type of coverages you need and what is a good price. Chances are most new authorities shop for the best price. You want the least expensive but buying based upon price only could cost you more money in the long run. What if you buy insurance for your new authority based upon price only? Then find out shortly after you have paid your deposit and your policy is in place. The agent who sold you this policy did not tell you the restrictions your commercial truck insurance company has in place. They may not offer coverage for certain types of cargo or may restrict your growth. There are many pitfalls for buying just based upon price. It is good to shop and compare quotes, but do it based upon price and the know the restrictions that maybe enforced by the carrier. Not knowing these restrictions could get your policy cancelled. Or you may have to cancel the policy yourself to get insurance coverage with another carrier. Either way this could put you back to ground zero and cost you money. Talk with an agent at JDW Truckers Insurance who will help you shop for the best price with the correct coverages.
