Insurance Requirements for Owner Operators Medina, Ohio
JDW Truckers Insurance can answer your questions regarding Insurance Requirements for Owner Operators Medina, Ohio. 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 Medina, Ohio with high AM Best Rating so when JDW Truckers Insurance helps you get your owner operators truck insurance in Medina, Ohio 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.
Medina ( mih-DY-nə) is a city in and the county seat of Medina County, Ohio, United States. The population was 26,094 at the 2020 census. It lies about 33 miles (53 km) south of Cleveland and 23 miles (37 km) west of Akron within the Cleveland metropolitan area.
Medina was founded on November 30, 1818, as part of the Connecticut Western Reserve. It was originally named Mecca, but an unincorporated community in Ohio already had that name, so the name was changed. Both Mecca and Medina are Saudi Arabian cities particularly significant in Islam.
Most early residents were farmers. In the 1830s, the community’s growth was aided by the completion of the Ohio and Erie Canal, which helped transport agricultural products to markets. On January 31, 1835, Medina was incorporated as a village and as the county seat of Medina County. By 1855, the town’s quarries were producing over $200,000 worth of stone per year. In 1857, many of the canal workers started a strike for higher wages; the striking workers were fired, and the four workers who started it were jailed in Albion, Ohio.
In 1835, two enslaved women and two Native Americans arrived in Medina by stagecoach. One of the enslaved women was the child of then-vice presidential candidate Richard Mentor Johnson and Julia Chinn. The next day, Johnson’s nephew arrived, in pursuit of the women, saying that he owned them both, they had escaped, and they had stolen a $1,000 bank check. The women were arrested and charged with stealing. Three local attorneys volunteered to represent them in court. The women were then released to Johnson’s nephew to stand trial in Kentucky. Afterward, one of the Native Americans said that the women had asked for help escaping enslavement and their terrible treatment by their owners. It was later found that the alleged theft was a lie in order to make sure the Ohio court returned them to their owners.
Medina attorney Charles Olcott invented self-ballasting iron ships, and received a patent in 1835. Olcott was originally from Connecticut and had been a student at Yale College when he came up with the early prototypes for his invention. He was later a proponent of building long-distance railroad lines across Ohio.
In 1869, Amos Root founded the A.I. Root Company in Medina as a manufacturer of beehives and beekeeping equipment, and the town became a center for beehive manufacturing. The Root Company had 97 workers in 1886, making it the town’s largest employer.
In the mid-1800s, two disastrous fires hit the village. One, in 1848, destroyed the entire business district. With no facilities for extinguishing fires, the residents attempted to put out the fire using a bucket brigade, but to no avail, as the fire burned for four hours. None of the town’s 1,159 residents died in the fire, but the townspeople failed to budget for the needed firefighting equipment. In 1870, another large fire, which started in a wooden building with a barbershop, destroyed 45 buildings (all but two blocks of the business district) and nearly wiped out the town. Despite the second calamitous fire, the town still had not organized a fire department beyond a bucket brigade. In 1877, after repeated dire warnings, the Council finally authorized the issuance of $3,000 worth of bonds to purchase a fire engine.
After the disastrous 1870 fire, the town literally rose from the ashes. Much of the Medina Square, including the Town Hall and Engine House, was rebuilt under the supervision of onetime mayor and banker Harrison Gray Blake, who owned the Phoenix Building in the same city block. Buildings like the H. G. Blake’s Phoenix Block and the Town Hall and Engine House indicate the community’s resilient spirit.
After the 1870 fire, it took almost ten years to replace the buildings on the square, hence their common Victorian style. Even today, the architectural unity and historic flavor of the Town Square make Medina an appealing destination for residents, visitors and tourists. This character is what makes the square a recognized Historic District and spurs the efforts of the Community Design Committee and the Historic Preservation Board to preserve the city’s historic look and feel.
Today, Medina’s Historic District is a nine-block area surrounding Uptown Park and hosts Candlelight Walk, the International Festival, and Art in the Park. It also draws visitors for many other events.
In 1950, Medina had over 5,000 residents, and on May 6, 1952, it was chartered as a city.
Medina is located at 41°8′9″N 81°51′51″W / 41.13583°N 81.86417°W (41.135899, -81.864069). and includes parts of Lafayette Township, Medina Township, Montville Township and York Township in Medina County.
According to the United States Census Bureau, the city has an area of 12 square miles (31.08 km), of which 11.8 square miles (30.56 km2) is land and 0.2 square miles (0.52 km) is water.
As of the recent census of 2020, there were 26,094 people, 10,755 households, and 7,531 families residing in the city. The population density was 2,174.50 people per square mile (839.575 people per square km). There were 11,333 housing units at an average density of 944.42 per square mile (364.64/km). The racial makeup of the city was 88.3% White, 3.5% African American, 0.2% Native American, 0.9% Asian, 1.3% from other races, and 5.8% from two or more races. Hispanic or Latino of any race were 3.3% of the population.
At the 2010 census, there were 26,678 people, 10,382 households, and 6,991 families residing in the city. The population density was 2,260.85 people per square mile (872.973 people per square km). There were 11,152 housing units at an average density of 929.33 per square mile (358.82/km2). The racial makeup of the city was 93.3% White, 3.1% African American, 0.1% Native American, 0.9% Asian, 0.5% from other races, and 2.1% from two or more races. Hispanic or Latino of any race were 1.8% of the population.
There were 10,382 households, of which 38.0% had children under the age of 18 living with them, 51.7% were married couples living together, 12.0% had a female householder with no husband present, 3.6% had a male householder with no wife present, and 32.7% were non-families. 27.8% of all households were made up of individuals, and 11% had someone living alone who was 65 years of age or older. The average household size was 2.53 and the average family size was 3.13.
The median age in the city was 36.4. 28.3% of residents were under 18; 7.3% were between 18 and 24; 27.4% were from 25 to 44; 25.2% were from 45 to 64; and 11.7% were 65 or older. The gender makeup of the city was 48.1% male and 51.9% female.
Of the city’s population over age 25, 34.4% held a bachelor’s degree or higher.
At the 2000 census, there were 25,139 people, 9,467 households and 6,683 families in the city. The population density was 2,215.7 people per square mile (855.14 people per square kilometer). There were 9,924 housing units at an average density of 891.92 inhabitants per square mile (344.37/km2). The racial makeup of the city was 94.60% White, 2.77% African American, 0.19% Native American, 0.74% Asian, 0.03% Pacific Islander, 0.26% from other races, and 1.41% from two or more races. Hispanic or Latino of any race were 1.00% of the population.
There were 9,467 households, of which 40.3% had children under age 18 living with them, 35.5% were married couples living together, 57.6% had a female householder with no husband present, and 29.4% were non-families. 25.1% of all households were made up of individuals, and 9.5% had someone living alone who was 65 or older. The average household size was 2.60 and the average family size was 3.15.
29.9% of the population were under 18, 7.2% from 18 to 24, 33.8% from 25 to 44, 18.8% from 45 to 64, and 10.2% were 65 or older. The median age was 33. For every 100 females, there were 92.1 males. For every 100 females 18 and over, there were 89.2 males.
The median household income was $50,226 and the median family income was $57,435. Males had a median income of $42,437 compared with $26,893 for females. The per capita income was $21,709. About 5.1% of families and 5.7% of the population were below the poverty line, including 7.1% of those under 18 and 6.2% of those 65 or over.
Due to Medina’s location, about 33 miles (53 km) south of Cleveland and 23 miles (37 km) west of Akron, many of its residents work in the Cleveland and Akron areas. Medina’s median household income is $53,586, slightly above the Ohio median income.
RPM International is among the companies based in Medina.
The Medina City School District serves the city. It has one high school, two middle schools, one alternative school (for students with behavioral problems), one preschool (for children aged 3–5 with disabilities) and seven elementary schools. The newest elementary schools are Eliza Northrop and Ralph E. Waite elementary schools, both opened for the 2009–10 school year. The schools in the Medina City School District are:
The Medina County Career Center serves most of Medina County (except Wadsworth) to provide career education for 11th and 12th graders. It also offers adult and continuing education for adults. Other schools in Medina include St. Francis Xavier School, a Roman Catholic parochial school serving pre-kindergarten through 8th grade, and Medina Christian Academy, a non-denominational Protestant parochial school serving pre-K through 12th grade. The Medina County University Center is a quarter-mile south of the city and offers employers a well-trained workforce with opportunity for ongoing career development. Medina also is home to the Walton School of Auctioneering.
The Medina County District Library Main Library is in Medina.
Medina is served by a daily newspaper, The Medina County Gazette which is published every day of the week except Sundays, and a free weekly newspaper, The Medina Post, published every Saturday. In addition, the Akron Beacon Journal and the Cleveland Plain Dealer occasionally cover the city and Medina County. Medina is served by numerous television and radio stations from both the Greater Cleveland, Greater Akron and Greater Canton areas.
Medina is served by the Medina Municipal Airport, which is 4.6 miles (7.41 km) east of the city. US-42 traverses the city. State routes include OH-3, OH-18 and OH-57. Medina is also served by the Medina Transit Authority, which runs buses around Medina and Medina County.
Rail service reached Medina in the 1800s, and at one time it was served by three rail lines, the Baltimore & Ohio, the Akron, Canton & Youngstown, and the Cleveland Southwestern interurban. Today the Wheeling & Lake Erie Railroad maintains numerous sidings and spurs serving many industries, mostly on the city’s west side. Many other rights of way have been converted to hiking and biking trails.
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.
