Insurance Requirements for Owner Operators Orsino, Florida
JDW Truckers Insurance can answer your questions regarding Insurance Requirements for Owner Operators Orsino, 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 Orsino, Florida with high AM Best Rating so when JDW Truckers Insurance helps you get your owner operators truck insurance in Orsino, 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.
Merritt Island is an island, in Brevard County, Florida, United States, located on the eastern Floridian coast, along the Atlantic Ocean. It is also the name of an unincorporated town in the central and southern parts of the island and a census-designated place (CDP).
The population was 34,518 at the 2020 census. It is part of the Palm Bay – Melbourne – Titusville, Florida Metropolitan Statistical Area.
NASA’s John F. Kennedy Space Center is located on Merritt Island to the north of the town, and Merritt Island National Wildlife Refuge is located north of the space center.
The central part of Merritt Island, previously known as Merritt City, is home to the majority of the population and includes the local high school, library, and shopping district. The southern area is heavily residential, with centralized light commercial and light industrial areas.
Merritt Island owes its name to the King of Spain. The entire island was part of a land grant given by the King to a nobleman named Merritt.
Archaeological excavations have uncovered the fossils of extinct animals such as mastodons, giant land tortoise, camel, glyptodont, horse, mammoth, giant armadillo, peccary, and tapir, which lived in the area up to 11,000 years ago. Their extinction was part of a larger North American die-off in which native horses, mastodons and other camelidaes also died out. Possibilities for extinction include global climate change and hunting pressure from the arrival of the Clovis people, who were prolific hunters with distinct fluted stone tools which allowed for a spear to be attached to the stone tool. This megafaunal extinction coincided roughly with the appearance of the big game hunting Clovis culture, and biochemical analyses have shown that Clovis tools were used in hunting camels.
By at least 800 to 900 BC, permanent Native American structures occupied the area. Their mounds populated the lagoon margin.
In 1605, Spanish explorer Álvaro Mexía visited while on a diplomatic mission to the local tribes living in the Indian River area. He called the local tribe of Ais people, part of the native province of Ulumay. Merritt Island is the prominent island on a color map he drew of the area, a copy of which is in the archives at the Library of Congress and the archives in Seville, Spain. Within a few years, all but a handful of these natives were dead from an epidemic that plagued the area after the arrival of a shipwrecked British merchant.
In the 1760s, the Elliott Plantation grew sugar and milled it. Remains of the plantation can be found in the Wildlife Refuge. In April 1788, French botanist André Michaux traveled in Merritt Island, near Cape Canaveral. He spent five days looking for plants. He wrote a letter on April 24, 1788, from St Augustine. He reported discovering the flag or bigflower paw-paw, Asimina obovata (Annona grandiflora (Bartr.)).
In 1837, Fort Ann was constructed on the east coast of Merritt Island near the present day Haulover Canal, to protect the area against the Seminoles. Merritt Island’s recent history dates back to the mid-19th century and centers on the growth of citrus, stressing the cultivation of pineapples and oranges. The Indian River oranges and grapefruit come from this sandy area. Freezes destroyed the local pineapple industry in the late 1890s. Freed slaves constructed small towns in the area after the Civil War, including Haulover, Clifton, and Shiloh.
The island’s population grew in the 1950s and 1960s as the Space Race began and nearby NASA expanded. Construction of a barge canal to the Intracoastal Waterway from the Atlantic Ocean (for power plant oil shipments) cut off the northern half of the island for many years. To this day, the northern portion of the island remains slightly less developed, with a few areas remaining as cattle pasture or citrus land. The small towns on the island vanished with the coming of the Space Age, and now only live on in the names of streets and historic churches. In 1988, citizens defeated a proposed incorporation into a city, 77% opposed to 23% in favor.
Sea Ray Boats operated a factory on Merritt Island from 1978 to 2012. At one time it employed 1200 people. It closed the plant in 2013.
Merritt Island extends some 46 mi (74 km) from the Volusia County line to Dragon Point near Melbourne. It connects to the Florida mainland where SR 3 now intersects US 1 in Volusia County. To the west it is separated from the mainland by the Indian River and the Atlantic Intracoastal Waterway. To the east it is separated by the Mosquito Lagoon and the Banana River from the barrier island on which Cape Canaveral and Cocoa Beach stand. The east side of Merritt Island splits and is divided by Sykes Creek and Newfound Harbor.
In the north, the Haulover Canal, first dug in the 19th century, separates the island from the mainland. To the west, the island is connected by causeways to mainland Brevard County near Titusville and Cocoa on its northern end, and in Melbourne on its southern end. To the east the island is connected to Cape Canaveral by the Crawlerway, and by causeways to Cocoa Beach and Satellite Beach.
According to the United States Census Bureau, the CDP has a total area of 122.2 km (47.2 sq mi), of which 45.4 km (17.5 sq mi) is land and 76.8 km (29.7 sq mi), or 62.88%, is water.
To the north, Merritt Island National Wildlife Refuge, along with a narrow barrier island that make up Canaveral National Seashore, offer an unpopulated protected buffer area for rocket launches at Kennedy Space Center. There are about 356 species of birds on the peninsula, one of the most diverse in the country. Migratory birds join the more resident wildlife, including alligators, manatees, dolphins, sea turtles, bald eagles, ospreys, bobcats, and the elusive Florida panther. A number of bald eagle nests are monitored atop power line poles along SR 3 within Kennedy Space Center.
There are about 12,000 feral pigs in North Merritt Island. Licensed trappers catch about 2,000 annually, which keeps the population even. The United States Fish and Wildlife Service would like to reduce the population.
Merritt Island has or had 23 named communities, all unincorporated, including:
As of the census of 2000, there were 36,090 people, 14,955 households, and 10,049 families residing in the CDP. The population density was 2,044.6 inhabitants per square mile (789.4/km). There were 15,813 housing units at an average density of 895.9 per square mile (345.9/km). The racial makeup of the CDP was 90.22% White, 5.31% African American, 0.41% Native American, 1.65% Asian, 0.06% Pacific Islander, 0.68% from other races, and 1.66% from two or more races. Hispanic or Latino of any race were 3.83% of the population.
There were 14,955 households, out of which 27.1% had children under the age of 18, 52.9% were married couples living together, 10.7% had a female householder with no husband, and 32.8% were non-families. 26.8% of households were solely individuals and 11.4% had a lone resident of 65 or older. The average household size was 2.36 and the average family size was 2.86.
In the CDP, the population was spread out, with 21.8% under the age of 18, 6.1% from 18 to 24, 26.1% from 25 to 44, 26.2% from 45 to 64, and 19.8% of 65 or older. The median age was 43 years. For every 100 females, there were 95.3 males. For every 100 females age 18 and over, there were 92.3 males.
Merritt Island is under the administrative care of the local county government, with water being handled by the neighboring city of Cocoa. The county maintains operations for the sheriff’s office, fire department, emergency medical services, and sewage systems.
According to the 2000 Census:
There are light industrial fabrication centers on the Merritt Island Airport, and NASA-related industrial activities to support the Space Shuttle, which was retired in summer of 2011, and other rocket launches on Cape Canaveral Space Force Station.
Air Liquide operates a plant there.
Merritt Island has a redevelopment agency funded by the county.
Merritt Island has several schools.
Public schools are operated by Brevard Public Schools:
Private schools:
The Merritt Island Public Library, though a part of the Brevard County Library System, is a state-designated special library district. Since Merritt Island is an unincorporated area of Brevard County, in 1965 the area applied for, and was designated, a special library district under Chapter 65-1289 by the Florida Legislature. In 2005, the Florida House of Representatives codified all special acts and amendments, in regards to the Merritt Island Public Library District, under HB 1079.
The residential areas of Merritt Island, East and West Merritt Island, are only accessible by causeway or drawbridge at all points. The island is linked by causeways, SR 520 (Merritt Island Causeway), , State Road 404 (Pineda Causeway), , State Road 405, , State Road 406, and SR 528, to the barrier island to its east and the mainland to the west. Mathers Bridge connects the southernmost area to the barrier island.
SR 3, a 4-lane highway, connects the Kennedy Space Center for workers from the more densely populated central and southern sections of the island.
The lift station near the Pineda Causeway was built to handle 9,000,000 US gal (34,000,000 L) per day. It became overloaded after Hurricane Irma in 2017. Trucks were used to dispose of the excess which rose to 12,000,000 US gal (45,000,000 L) daily.
Merritt Island Airport is a public general aviation airport located on South Merritt Island and run by the Titusville-Cocoa (TICO) Airport Authority.
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.