Insurance Requirements for Owner Operators Plainfield, Indiana
JDW Truckers Insurance can answer your questions regarding Insurance Requirements for Owner Operators Plainfield, 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 Plainfield, Indiana with high AM Best Rating so when JDW Truckers Insurance helps you get your owner operators truck insurance in Plainfield, 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.
Plainfield is a town in Guilford, Liberty, and Washington townships, Hendricks County, Indiana, United States. The population was 27,631 at the 2010 census, and in 2022 the estimated population was 36,074.
In 1822, a tract of land which included the area now known as Plainfield was obtained by Jeremiah Hadley of Preble County, Ohio. Ten years later he sold it to his son, Elias Hadley. Levi Jessup and Elias Hadley laid out the town in 1839. Plainfield was incorporated as a town in 1839. The town got its name from the early Friends (Quakers) who settled around the area and established several meetinghouses throughout the county, including the important Western Yearly Meeting of Friends in Plainfield. The Friends were “plain” people, and thus the name “Plainfield”. The high school continues to honor the Quakers, using the name for the school’s mascot.
Plainfield has long been associated with the National Road, U.S. Route 40, which goes through town as Main Street. One incident which brought Plainfield national attention occurred in 1842 when former President Martin Van Buren was spilled deliberately from his stagecoach into the thick mud of the highway. The practical joke came as a result of Van Buren’s vetoing a bill from Congress to improve the highway, a move which angered Western settlers. When Van Buren came through Plainfield on a swing to shore up his popularity for the 1844 election, a group of perpetrators set up the incident. The elm tree whose roots caused the president’s carriage to topple became known as the Van Buren Elm. An elementary school near this site is named Van Buren Elementary School.
In the 1980s Plainfield became the headquarters of the Islamic Society of North America.
The Hendricks County Bridge Number 316, Plainfield Historic District, and THI and E Interurban Depot-Substation are listed on the National Register of Historic Places.
According to the 2010 census, Plainfield has a total area of 22.38 square miles (57.96 km), of which 22.27 square miles (57.68 km) (or 99.51%) is land and 0.11 square miles (0.28 km) (or 0.49%) is water.
Plainfield is located in the Central Till Plains region of the United States. There are few moderately sized hills, and a mix of deciduous forests and prairie covers much of the area within the town limits. White Lick Creek, a tributary of the White River, flows north to south through the western side of Plainfield. On the eastern side of town, Clark’s Creek, a tributary of White Lick Creek, flows towards the south.
U.S. Route 40, also known as the Historic National Road and the Cumberland Road, passes through the middle of Plainfield and is the main arterial route running east to west in the town. From north to south runs Quaker Boulevard (former SR 267).
Plainfield’s town center is situated around the intersection of U.S. Route 40 and Center Street, also known as Old State Highway 267.
Indianapolis International Airport borders the east side of Plainfield, in Marion County.
As of the census of 2010, there were 27,631 people, 9,747 households, and 6,756 families residing in the town. The population density was 1,240.7 inhabitants per square mile (479.0/km). There were 10,386 housing units at an average density of 466.4 per square mile (180.1/km). The racial makeup of the town was 85.7% White, 7.8% African American, 0.1% Native American, 3.2% Asian, 1.4% from other races, and 1.7% from two or more races. Hispanic or Latino of any race were 3.9% of the population.
There were 9,747 households, of which 37.1% had children under the age of 18 living with them, 52.0% were married couples living together, 12.3% had a female householder with no husband present, 5.0% had a male householder with no wife present, and 30.7% were non-families. 25.7% of all households were made up of individuals, and 8.7% had someone living alone who was 65 years of age or older. The average household size was 2.57 and the average family size was 3.08.
The median age in the town was 35.5 years. 24.5% of residents were under the age of 18; 9% were between the ages of 18 and 24; 30.9% were from 25 to 44; 24.3% were from 45 to 64; and 11.3% were 65 years of age or older. The gender makeup of the town was 52.8% male and 47.2% female.
The economic engine of Plainfield is the sprawling warehouse district on the east side of town, close to the Indianapolis International Airport, that boasts approximately 45 million square feet of space. Plainfield provides roughly 50% of all warehouse jobs in central Indiana.
“The Shops at Perry Crossing” is a 600,000-square-foot (56,000 m) open-air retail mall. It opened in October 2005 and was purchased in February 2014 by Poag Shopping Centers, which currently operates the mall. The mall received a $11.1 million renovation and rebranding project to revitalize the shopping center; the project concluded in November 2015.
Plainfield boasts 18 hotels, including an Embassy Suites full-service hotel and conference center. The town’s proximity to the Indianapolis airport and Interstate 70 have made it an attractive location for hotel space.
The town is currently renovating the downtown area with a new apartment complex, The Barlow, as well as an upcoming Performing and Fine Arts Center, connected to the government building.
The town has a lending library, the Plainfield-Guilford Township Public Library. The library contains an upstairs art gallery showcasing local artists and photographers.
The Richard A. Carlucci Recreation and Aquatic Center is 11,300 square feet (1,050 m) and includes basketball courts, an indoor walk/run track, a waterpark, a fitness center, and an indoor play area. There is also an indoor waterpark with three lap lanes, a walking river with current, a kids’ play area, and a large waterslide.
Plainfield’s trail system includes over 20 miles (32 km) of pathways, and incluses the Vandalia Trail which runs almost 5 miles (8 km) through the center of Plainfield.
Hummel Park is a 205 acres (83 ha) park with a 300-foot (91 m) wooden bridge across White Lick Creek. The park features sports venues, basketball and volleyball courts, baseball diamonds, nature trails, fishing lakes and an amphitheater.
The Plainfield Correctional Facility (formerly Indiana Youth Center) of the Indiana Department of Correction is in the western part of Plainfield. As of 2019, the prison housed 1,497 inmates, and employed 341 staff.
Plainfield’s public education system is run by the Plainfield Community School Corporation. The schools under this body include:
The Plainfield Community School Corporation is the only public school system in Indiana to have all of its schools receive a 4-star rating for two consecutive years. In 2019, a petition requesting a Master Plan and Architectural and Site Design Review for a new elementary school complex located south and west of the intersection of Hadley and Moon Roads (Guildford Elementary). Hendricks County has ceded planning jurisdiction to the Town of Plainfield for this project. In 2009, a new High School was constructed. The former High School became the Middle School, and the former middle school building was converted into “Clarks Creek Elementary”, an upper elementary school for grades 4-5. However, as of the 2019-2020 school year, the corporation changed this setup to a High School (9-12), Middle School(6-8), and Five K-5 elementary schools.
Private schools in Plainfield include St. Susanna Catholic School, which is run by St. Susanna Catholic Church of Plainfield.
Media related to Plainfield, Indiana at Wikimedia Commons
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.
