Insurance Requirements for Owner Operators Marion, Indiana
JDW Truckers Insurance can answer your questions regarding Insurance Requirements for Owner Operators Marion, 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 Marion, Indiana with high AM Best Rating so when JDW Truckers Insurance helps you get your owner operators truck insurance in Marion, 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.
Marion is a city in and the county seat of Grant County, Indiana, United States, along the Mississinewa River. The population was 28,310 as of the 2020 census. It is named for Francis Marion, a brigadier general from South Carolina in the American Revolutionary War.
The city is home to Indiana Wesleyan University, the largest evangelical Christian university in the Midwest and Indiana’s largest private university, when online and regional campuses in Indiana, Kentucky, Ohio, and Illinois are included. The traditional campus enrolls about 2,800 students. Marion is the birthplace of actor James Dean and cartoonist Jim Davis, and was the location of the wedding of actress Julia Roberts and singer Lyle Lovett in 1993. Jess Alumbaugh has been Marion’s mayor since 2016.
The Battle of the Mississinewa was fought in December 1812, north of the current city of Marion, as an expeditionary force sent by William Henry Harrison against the Miami villages. Today, the battle is reenacted every fall by residents of Grant County and many reenactors and enthusiasts from throughout the United States and Canada during the annual “Mississinewa 1812” festival, the largest War of 1812 reenactment in the United States. When Martin Boots and David Branson each donated 30 acres (120,000 m) of land in 1831 for the site of Marion, they chose a location on the left bank of the swift, scenic river which the Miami Indians had named “Mississinewa,” meaning “Falling water.” So rapid had been the tide of settlement that it followed by only 19 years the Battle of Mississinewa, 7 miles (11 km) downstream, where federal troops and Indians had fought a bloody, pre-dawn encounter in 1812.
With the formation of Grant County in 1831, Marion was established as the county seat and its future was assured. The river provided water supply, power, and drainage as it flowed at the base of the nearby hills. Along with at least 36 other communities in the nation, Marion was named for the Revolutionary War General Francis Marion, the “Swamp Fox” of South Carolina.
Marion grew slowly for more than 50 years as an agricultural trading center supported by a sprinkling of small farm- and forest-related industries. Native Americans were a common sight as they traveled there from Indiana’s last reservation, with its Indian school, Baptist Church, and cemetery, 8 miles (13 km) away. In the 1880s, fields of natural gas were discovered across much of east-central Indiana, and Grant County began to grow at a dizzying pace during the Indiana gas boom. Gas City and Matthews were carved out of raw farmland and launched as speculative boom towns, each absorbing existing tiny villages. They attracted several thousand residents before the gas reserves were tapped and most industries left. As late as the 1940s, Matthews resembled a Western ghost town, before it attracted eleven glass factories and drew the professional baseball team away from Indianapolis. Grant County’s only covered bridge remains there as a link to the past. However, the gas boom left its legacy. A few industries remained, particularly glass manufacturers.
On July 23, 1888, with increasing number of residents at the six HDVS, Congress established a seventh home in Grant County (and ultimately three more). It is known as the Marion Branch. Congress allotted an appropriation of $200,000 for construction, while Grant County residents provided a natural gas supply for heating and lighting. Marion was selected as a site for the new branch due to the availability of natural gas and the political support of Colonel George Washington Steele, US Congressman serving from 1880 to 1890. This facility is now a part of the Veterans Administration (VA) Northern Indiana Health Care System, a dual-campus facility associated with the former VA Medical Center Fort Wayne. In the early 21st century, the original treatment hospital, built in 1889, the greenhouse, and cadet quarters are scheduled for demolition. There has been a lack of public support for funding restoration of these buildings. As they do not meet current standards, the Veterans Administration plans to demolish the buildings and replace them.
Two African-American men were lynched in Marion on August 7, 1930. A large, mostly white mob estimated at 5,000 gathered at the county jail where three young black men were held on charges of killing a white man and raping his girlfriend. Before they could be tried, the three, Thomas Shipp, Abram Smith, and James Cameron, were dragged from the jail and severely beaten. Shipp and Smith were hanged to death. Cameron was saved when an unidentified woman said he had nothing to do with the crimes.
The woman retracted her accusation of rape. In 1931 Cameron was convicted as an accessory to murder and served four years before being paroled. He became educated and worked as a civil rights activist, later serving as the Indiana State Director of Civil Liberties from 1942 to 1950. He also founded three local chapters of the NAACP, and served as the first president of the Madison County, Indiana chapter. In 1988 he founded America’s Black Holocaust Museum in Milwaukee to preserve the history of African Americans who had faced the terror and violence of lynching. In 1993, James Cameron received an official apology and a full pardon from the state of Indiana. Cameron later said, “Since the state of Indiana forgave me, I forgive the state of Indiana.” In 2005, the US Senate also officially apologized to Cameron and families of the victims of lynchings. The event in Marion was notable as the last confirmed lynching of African Americans in Indiana and the Northern United States.
Marion’s prosperity plateaued between the end of the gas boom, just prior to World War I, and 1955. But construction of a General Motors stamping and tool plant created many new jobs. The city grew rapidly. Except for bedroom communities near metropolitan centers, Marion’s growth during the 1950s exceeded all but one Indiana city with populations of 10,000-100,000.
In the late 20th century, Marion surveyed its significant properties and defined the main buildings and grounds of the hospital as the Marion Branch Historic District. It is located at the intersection of 38th Street and Lincoln Boulevard, approximately 2+1⁄2 miles southeast of the center of Marion. The boundaries are 38th Street on the north, the railroad right-of-way on the east, the Mississinewa River on the southeast, Chambers Park on the south and southeast, and Lincoln Boulevard to the west. The 212-acre (0.86 km) site is roughly square in form with diagonal boundary lines on the southeast and the southwest eliminating those corners of the square. Originally, farming operations on the Home grounds included the area that is now Chambers Park. In 1981, a Determination of Eligibility for the National Register of Historic Places for Federal Properties was made under Criteria A and C. As a result, since 1981, various projects have been reviewed by the Indiana State Preservation Office for compliance under Section 106 of the National Historic Preservation Act of 1966, as amended. In 1992, the historic district was surveyed by the Indiana Department of Natural Resources as a component of the Grant County inventory of historic sites and structures.
One of Marion’s more notable architectural landmarks is the extensive Marion High School campus, which includes a 1,468-seat community auditorium, home of the Marion Philharmonic Orchestra, the Community School for the Arts, and the Mississinewa Valley Community Band. The city has a lending library, the Marion Public Library.
The eight-time state basketball champions, Marion Giants, play in the 7,500 seat Bill Green Athletic Arena. The city operates a 2.75-mile (4.43 km) Riverwalk from downtown to Matter Park, and there is a newly renovated $9,000,000 YMCA Memorial Coliseum to honor war veterans. This was the previous home of the Giants, which was built after their first State Basketball Title in 1926.
A publicly owned mansion, the Hostess House, is used for social functions, and Marion General Hospital has been nationally accredited for approximately a half-century. Marion General was recently named a magnet hospital.
Marion is located along the Mississinewa River.
According to the 2010 census, Marion has a total area of 15.794 square miles (40.91 km), of which 15.71 square miles (40.69 km) (or 99.47%) is land and 0.084 square miles (0.22 km) (or 0.53%) is water.
As of the 2010 United States Census, there were 29,948 people, 11,828 households, and 6,739 families in the city. The population density was 1,906.3 inhabitants per square mile (736.0/km). There were 13,715 housing units at an average density of 873.0 per square mile (337.1/km). The racial makeup of the city was 78.1% White, 14.7% African American, 0.4% Native American, 0.7% Asian, 2.4% from other races, and 3.6% from two or more races. Hispanic or Latino of any race were 5.5% of the population.
There were 11,828 households, of which 27.9% had children under the age of 18 living with them, 35.2% were married couples living together, 17.0% had a female householder with no husband present, 4.8% had a male householder with no wife present, and 43.0% were non-families. 36.7% of all households were made up of individuals, and 14.7% had someone living alone who was 65 years of age or older. The average household size was 2.25 and the average family size was 2.91.
The median age in the city was 36.2 years. 21.1% of residents were under the age of 18; 16.3% were between the ages of 18 and 24; 22.1% were from 25 to 44; 24.5% were from 45 to 64; and 16% were 65 years of age or older. The gender makeup of the city was 47.0% male and 53.0% female.
As of the 2000 United States Census, of 2000, there were 31,320 residents. The population density was 2,355.5 inhabitants per square mile (909.5/km). There were 13,820 housing units at an average density of 1,039.4 per square mile (401.3/km). The racial makeup of the city was 79.64% White, 15.57% African American, 0.47% Native American, 0.68% Asian, 0.02% Pacific Islander, 1.43% from other races, and 2.18% from two or more races. 3.60% of the population were Hispanic or Latino of any race.
There were 12,462 households, out of which 27.3% had children under the age of 18 living with them, 42.1% were married couples living together, 14.7% had a female householder with no husband present, and 38.8% were non-families. 33.8% of all households were made up of individuals, and 14.2% had someone living alone who was 65 years of age or older. The average household size was 2.30 and the average family size was 2.91.
The city population contained 23.3% under the age of 18, 12.5% from 18 to 24, 26.0% from 25 to 44, 21.3% from 45 to 64, and 17.0% over 64 years. The median age was 36 years. For every 100 females, there were 88.6 males. For every 100 females age 18 and over, there were 84.1 males.
The median income for a household in the city was $30,440, and the median income for a family was $37,717. Males had a median income of $30,258 versus $23,467 for females. The per capita income for the city wa $16,378. 16.9% of the population and 12.6% of families were below the poverty line. Out of the total population, 23.8% of those under the age of 18 and 11.3% of those 65 and older were living below the poverty line.
Marion’s manufacturing sector produces automotive components, paper products, foundry products, machinery, wire, and cable. The paper plate industry was born in Marion; in its infancy, five of the nation’s nine plants were located in the city.
The area surrounding Marion is part of the Corn Belt; as such, agriculture remains a significant component of the region’s economy. Corn, soybean, and hog production are supplemented by specialty crops such as tomatoes.
Thomson SA’s Marion facility was shuttered in 2004, leaving the city in an economic slump. On June 13, 2007, the Thomson building’s northern portion was destroyed by a fire. Other Marion plant closures in the past few decades include those of Ball-Foster, SCM (later Ampad) Paper Company, and the Malleable Iron Works (both on the far west side along Miller Avenue). The city has made inroads in attracting new businesses in the mid to late 2000s, however. Marion has been the only Midwest community selected as one of the Top 100 Micro-Enterprises for Economic Development by Site Selection Magazine for the years 2007 and 2008. TriEnda Plastics LLC selection of Marion in 2008 was one of the top 5 Manufacturing Projects in Indiana and received the coveted Silver Shovel award from Area Development Magazine. By spring 2011, TriEnda has ceased production. In the last ten years over $1,113,000 has been invested by private sector employers in Marion (source local newspaper).
The Grant County Jail and Sheriff’s Residence, Abijah C. Jay House, Marion Branch, National Home for Disabled Volunteer Soldiers Historic District, Marion Downtown Commercial Historic District, Aaron Swayzee House, George, Jr. and Marie Daugherty Webster House, and J. Woodrow Wilson House are listed on the National Register of Historic Places.
From 1900 to 1901, Marion had their own baseball team called the Glass Blowers.
Christmas City U.S.A. is a local non-profit organization promoting the Christmas season in Marion and Grant County. It organizes and sponsors the Annual Christmas Parade on the Saturday before Thanksgiving to kick off the Holiday season.
It began in 1965 when the organization had a vision to expand the holiday season beyond the traditional cards and private parties. Directors wanted to foster human relations among residents of all ages and public relations toward nonresidents. In 1970, Christmas City and the Chamber of Commerce joined forces to promote a new look for the city. Postcards, bumper stickers, billboards were designed to establish the city as Christmas City U.S.A. The name was even trademarked to preserve the city’s identity. In 1991, Mayor Ron Mowery, Mark Erlewine, and a group of interested citizens decided to make Marion live up to its name. By combining the Mississinewa Riverwalk—the 2.25 miles (3.62 km) walkway which is used year around for jogging, walking and more—and holiday lights and lighted displays, the Christmas City Walkway of Lights was established in 1992. The first year, the walkway was home to nearly 56,000 lights and lighted displays; the walkway has grown to include more than 2,000,000 lights and is nearly 4 miles (6.4 km) long.
The Marion Municipal Airport is three nautical miles (4 mi, 6 km) southwest of Marion’s central business district.
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.
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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.