Insurance Requirements for Owner Operators New Bern, North Carolina
JDW Truckers Insurance can answer your questions regarding Insurance Requirements for Owner Operators New Bern, North Carolina. 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 New Bern, North Carolina with high AM Best Rating so when JDW Truckers Insurance helps you get your owner operators truck insurance in New Bern, North Carolina 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.
New Bern (formerly Newbern) is a city in Craven County, North Carolina, United States. At the 2020 census, it had a population of 31,291.
It is located at the confluence of the Neuse and the Trent rivers, near the North Carolina coast. It lies 112 miles (180 km) east of Raleigh, 80 miles (130 km) north of Wilmington, and 162 miles (261 km) south of Norfolk. New Bern is the birthplace of Pepsi.
New Bern was founded in October 1710 by the Palatines and Swiss under the leadership of Christoph von Graffenried. The new colonists named their settlement after Bern, the Swiss region from which many of the colonists and their patron had emigrated. The flag and arms of the American city are nearly identical to those of the Swiss canton. The English connection with Switzerland had been established by some Marian exiles who sought refuge in Protestant parts of Switzerland. There were also marriages between the House of Stuart and notable people in the history of Calvinism. The colonists later discovered they had started their settlement on the site of a former Tuscarora village named Chattoka. This caused conflicts with the Tuscaroras who were in the area.
New Bern is the second-oldest European settled colonial town in North Carolina, after Bath. It served as the capital of North Carolina from 1770 to 1792. After the American Revolution (1775–1783), New Bern became wealthy and quickly developed a rich cultural life. At one time New Bern was called “the Athens of the South,” renowned for its Masonic Temple and Athens Theater. These are both still very active today.
New Bern has four historic districts listed on the National Register of Historic Places; their numerous contributing buildings include residences, stores and churches dating back to the early eighteenth century. Within walking distance of the waterfront are more than 164 homes and buildings listed on the National Register. Also nearby are several bed and breakfasts, hotels, restaurants, banks, antiques stores and specialty shops. The historic districts contain many of the city’s 2,000 crape myrtles—its official flower—and developed gardens. New Bern has two “Local Historic Districts”, a municipal zoning overlay that affords legal protection to the exteriors of New Bern’s historic structures.
New Bern was settled in October 1710 by the Palatines and Swiss under the leadership of Christoph von Graffenried. The new colonists named their settlement after the Canton of Bern, home state of their patron. Bernberg had the original plat of the town laid out in the shape of a cross, though later development and additional streets have obscured this pattern within the regular street grid. The British governor’s palace (present-day Tryon Palace) served as the capitol of North Carolina from 1770 until the state government relocated to Raleigh in 1792, after a fire had destroyed much of the capitol. This became the first permanent capital city of North Carolina.
There was no printer in North Carolina until 1749, when the North Carolina Assembly commissioned James Davis from Williamsburg, Virginia to act as their official printer. Before this time the laws and legal journals of North Carolina were handwritten and were largely kept in a disorganized manner, prompting them to hire Davis. Davis settled in New Bern and was appointed by Benjamin Franklin as North Carolina’s first postmaster, who also became active in North Carolina’s politics, as a member of the Assembly and later as the Sheriff. Davis also founded and printed the North-Carolina Gazette, North Carolina’s first newspaper, printed in his printing house in New Bern.
During the 19th-century Federal period, New Bern became the largest city in North Carolina, developed on the trade of goods and slaves associated with plantation agriculture. After Raleigh was named the state capital, New Bern rebuilt its economy by expanding on trade via shipping routes to the Caribbean and New England. It was part of the Triangle Trade in sugar, slaves, and desired goods. It reached a population of 3,600 in 1815.
In 1862 during the early stages of the American Civil War, the area was the site of the Battle of New Bern. Federal forces captured and occupied the town until the end of the war in 1865. Nearly 10,000 enslaved blacks escaped during this period in the region and went to the United States Army (Union Army) camps for protection and freedom. The Union Army set up the Trent River contraband camp at New Bern to house the refugees. It organized the adults for work. Missionaries came to teach literacy to both adults and children.
After the January 1863 Emancipation Proclamation of U.S. President Abraham Lincoln, slaves within the Confederate States were declared free, but not those in the United States. His order carefully limited the Proclamation to those areas in insurrection, where civil government was not respected and his military authority, therefore, applied. Because of this proclamation, more freedmen came to the Trent River camp for protection. The Union Army appointed Horace James, a Congregational chaplain from Massachusetts, as the “Superintendent of Negro Affairs for the North Carolina District” on behalf of the Bureau of Refugees, Freedmen and Abandoned Lands. In addition to the Trent River camp, James supervised development of the offshore Roanoke Island Freedmen’s Colony, which was intended to be self-supporting. Beginning in 1863, a total of nearly 4,000 freedmen from North Carolina enlisted in the U.S. Colored Troops to fight with the Union Army for their permanent freedom, including 150 men from the colony on Roanoke Island.
Due to the continuous occupation by the Union Army, New Bern avoided some of the destruction of the war years. There was much social disruption because of the occupation and the thousands of freedmen camped near the city. Whereas the 1860 Census had shown a population of 5,432 (of which 3,072, or 57%, were black), the population had swollen by the end of the war to more than 20,000, mostly because of the influx of freedmen. Still, New Bern recovered more quickly than many cities after the war. By the 1870s the lumber industry was developing as the chief part of New Bern’s economy. Timber harvested could be sent downriver by the two nearby rivers. The city continued to be a center for freedmen, who created communities independent of white supervision: thriving churches, fraternal associations, and their own businesses. By 1877 the city had a majority-black population.
The state legislature defined the city and county as part of North Carolina’s 2nd congressional district which, as former plantation territory, held a concentration of the state’s black residents. They elected four blacks to the US Congress in the late 19th century. The state’s passage of a constitutional suffrage amendment in 1900 used various devices to disenfranchise black citizens. As a result, they were totally closed out of the political process, including participation on juries and in local offices; white Democrats maintained this suppression mostly, until after passage of federal civil rights legislation, including the Voting Rights Act of 1965, which provided for federal enforcement of constitutional rights.
By 1890 New Bern had become the largest lumber center in North Carolina and one of the largest in all of the South. During this time, as many as 16 lumber mills were running and employing hundreds of men from New Bern and the area. The competitive nature of the lumber barons, the abundance of lumber and craftsmen, led to the construction in New Bern of some of the finest homes in the South, many of which have survived. The lumber boom lasted until the 1920s. One by one the lumber mills went out of business. Today only Weyerhaeuser manufactures lumber in the area.
The city has four National Historic Districts and two local ones, which have helped preserve the character of the architecture. The Downtown Local Historic District is 368.64 acres (149.18 ha) or 0.576 square miles (1.49 km); the Riverside Local Historic District covers 51.94 acres (21.02 ha) or 0.081 square miles (0.21 km). Union Point Park borders the Neuse and Trent rivers.
New Bern’s location near the Atlantic coast renders it subject to the effects of Atlantic hurricane seasons. For example, in the 18th century the town suffered severe damage in the Great Chesapeake Bay Hurricane of 1769. Other hurricanes such as Hurricane Ione in 1955 and Hurricane Floyd in 1999 (just as examples) have also caused significant flooding and damage.
In September 2018, Hurricane Florence made landfall in the United States just south of Wrightsville Beach, 88.4 miles southwest of New Bern. A storm surge up to 13.5 feet in addition to days of heavy rains severely flooded various parts of the town. [National Hurricane Center Storm Surge Inundation Map, Sept 13, 2018]
New Bern is located at the confluence of the Trent and Neuse rivers, two tidal waterways, in North Carolina’s Inner Banks region.
According to the United States Census Bureau, the city has a total area of 29.7 square miles (76.9 km), of which 28.2 square miles (73.1 km) is land and 1.4 square miles (3.7 km), or 4.87%, is water.
U.S. routes 17 and 70 pass through the city, merging briefly as a four-lane expressway passing south of the city center. US 70 leads west 33 miles (53 km) to Kinston and southeast 35 miles (56 km) to Morehead City near the Atlantic Ocean. Raleigh, the state capital, is 112 miles (180 km) west via US 70. US 17 leads southwest 37 miles (60 km) to Jacksonville, and crosses the Neuse River on a new bridge to lead north 36 miles (58 km) to Washington.
New Bern experiences a humid subtropical climate typical of the Atlantic coastal plain. Summers are hot and humid, with frequent afternoon thunderstorms that account for much of the higher summer precipitation. Spring and fall are generally mild, with fall foliage occurring from late October to early November. Winters are relatively mild and drier than the remainder of the year, with infrequent snowfall.
As of the 2020 United States census, there were 31,291 people, 13,757 households, and 8,070 families residing in the city.
The population of the area was 30,291 (95% urban, 5% rural) people in 2014, a 31% increase in growth since 2000. Gender distribution is 47.5% male and 52.5% female with a median resident age of 38.8. The percentage of residents under the age of 18 was 24.2%. The 2012 racial breakdown includes White alone – 16,304 (54%), Black alone – 9,634 (31.9%), Asian alone – 1,844 (6.1%), Hispanic – 1,626 (5.4%), Two or more races – 747 (2.5%), American Indian alone – 50 (0.2%) and Other race alone – 13 (0.04%). The median income for a household in the city in 2015 was $41,285.
The City of New Bern 2010 Census information shows the population of the area was approximately 29,524 people. From 2000 to 2010, the New Bern city population growth percentage was 27.7% (or from 23,128 people to 29,524 people). 22.8% of the New Bern city residents were under 18 years of age. Census 2010 race data for New Bern city include the racial breakdown percentages of 57.0 white, 32.8% black, 3.6% Asian, 5.8% Hispanic and less than 1% Native American, Also, there were 14,471 housing units in the City of New Bern, 88.2% of which were occupied housing units.
New Bern has several sites listed on the National Register of Historic Places.
Coastal Carolina Regional Airport is a public airport located 3 miles (5 km) south of the central business district of New Bern. The airport offers connecting flights to the Atlanta and Charlotte airports daily.
The New Bern Transport Corporation, a business entity owned by PepsiCo to manage its fleet of delivery trucks and other motor vehicles, is located in White Plains, New York, but was named after the town where Pepsi-Cola was first developed.
The north-south U.S. Route 17 and the east-west U.S. Route 70 pass through New Bern.
As late as 1950, the Atlantic and East Carolina Railway offered passenger train service through New Bern to Morehead City to the east, by the Atlantic coast and to Goldsboro Union Station, where timed connections could be made with the Southern Railway’s trains to central and western North Carolina. Service was terminated by the end of 1951.
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.