Insurance Requirements for Owner Operators Plano, Texas
JDW Truckers Insurance can answer your questions regarding Insurance Requirements for Owner Operators Plano, Texas. 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 Plano, Texas with high AM Best Rating so when JDW Truckers Insurance helps you get your owner operators truck insurance in Plano, Texas 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.
Plano ( PLAY-noh) is a city in Collin County and Denton County, Texas. It had a population of 285,494 at the 2020 census. It is a principal city of the Dallas–Fort Worth metroplex, and the headquarters of Frito-Lay.
Indigenous peoples around Collin County and North Texas included the Caddo, Comanche, Cherokee, Delaware, Kickapoo, and Tonkawa. Settlers came to the area near present-day Plano in the early 1840s. Facilities such as a sawmill, a gristmill, and a store soon brought more people to the area. A mail service was established, and after rejecting several names for the nascent town (including naming it in honor of then-President Millard Fillmore), residents suggested the name Plano (from the Spanish word for “flat”) in reference to the local terrain, unvaried and devoid of any trees. The post office accepted the name.
In 1872, the completion of the Houston and Central Texas Railway helped Plano grow, and it was incorporated in 1873. By 1874, the population was over 500. In 1881, a fire raged through the business district, destroying most of the buildings. Plano was rebuilt and business again flourished through the 1880s. Also in 1881, the city assumed responsibility for what would eventually become Plano Independent School District (PISD), ending the days of it being served only by private schools.
At first, Plano’s population grew slowly, reaching 1,304 in 1900 and 3,695 in 1960. By 1970, Plano began to feel some of the boom its neighbors had experienced after World War II. A series of public works projects and a change in taxes that removed the farming community from the town helped increase the population. In 1970, the population reached 17,872, and by 1980, it had exploded to 72,000. Sewers, schools, and street development kept pace with this massive increase, largely because of Plano’s flat topography, grid layout, and planning initiatives.
During the 1980s, many large corporations, including J. C. Penney and Frito-Lay, moved their headquarters to Plano, spurring further growth. By 1990, the population reached 128,713, dwarfing the county seat, McKinney. In 1994, Plano was recognized as an All-America City. By 2000, the population grew to 222,030, making it one of Dallas’s largest suburbs. Plano is surrounded by other municipalities and so cannot expand in area, and there is little undeveloped land within the city limits. But as of July 2012, one large tract of land was being developed: Turnpike Commons at the intersection of Renner Road and the George Bush Turnpike (also bordered by Shiloh Road to the east). The development is expected to feature apartments, medical facilities, restaurants, a Race Trac gas station, and a hotel.
On June 15, 2015, after five years of disuse, a 178-foot water tower built in 1985 was demolished to make room for Legacy West.
According to the United States Census Bureau, Plano has an area of 71.6 square miles (185.5 km). Plano is about 17 miles (27 km) from Downtown Dallas.
Plano is in the humid subtropical climate zone. The highest recorded temperature was 118 °F (48 °C) in 1936. On average, the coolest month is January and the warmest is July. The lowest recorded temperature was –7 °F (–22 °C) in 1930. The maximum average precipitation occurs in May.
As of the 2020 United States census, there were 285,494 people, 107,320 households, and 76,211 families residing in the city. As of the census of 2010, Plano had 259,841 people, 99,131 households and 69,464 families, up from 80,875 households and 60,575 families in the 2000 census. The population density was 3,629.1 inhabitants per square mile (1,401.2/km). There were 103,672 housing units at an average density of 1,448.6 per square mile (559.3/km).
In 2010, the racial makeup of the city was 67% White (58.4% non-Hispanic white), 7.5% Black, 0.36% Native American, 16.9% Asian (6.5% Asian Indian, 5.2% Chinese, 1.2% Vietnamese, 1.2% Korean, 0.6% Filipino, 0.2% Japanese, 1.9% Other), 0.1% Pacific Islander, 3.86% from other races, and 3.0% from two or more races. Hispanic or Latino made up 14.7% of the population (10.6% Mexican, 0.5% Puerto Rican, 0.2% Cuban, 3.5% Other). By 2020, the racial makeup was 46.3% non-Hispanic white, 8.77% Black or African American, 0.3% Native American, 24.08% Asian, 0.05% Pacific Islander, 0.47% some other race, 4.0% multiracial, and 16.04% Hispanic or Latino of any race, reflecting nationwide trends of greater diversification.
Of the 99,131 households in 2010, 35.8% had children under the age of 18. Married couples accounted for 56.7%; 9.7% had a female householder with no husband present, and 29.9% were non-families. About 24.4% of all households were individuals, and 5.3% had someone living alone who was 65 years of age or older. The average household size was 2.61, and the average family size was 3.15. Data indicates that 28.7% of Plano’s population was under the age of 18, 7.0% was 18 to 24, 36.5% was 25 to 44, 22.9% was 45 to 64, and 4.9% was 65 years of age or older. The median age was 34. For every 100 females, there were 99.3 males. For every 100 females age 18 and over, there were 97.2 males.
According to a 2007 estimate, the median income for a household in the city was $84,492, and the median income for a family was $101,616. About 3.0% of families and 4.3% of the population were living below the poverty line, including 4.6% of those under age 18 and 7.8% of those 65 or older. In 2007, Plano had the United States’ highest median income among cities with a population exceeding 250,000, at $84,492.According to crime statistics, there were four homicides in Plano in 2006, the lowest rate of all U.S. cities of 250,000 or more people.
Plano also has a substantial Iranian-American community.
As of the 2000 U.S. census, of the foreign-born residents, 17% were from China, 9% from India, and 4% from Vietnam; a total of 30% of foreign-born residents came from these three countries. That year, 22% of Plano’s foreign-born originated in Mexico.
Along with Houston, Plano has one of Texas’s two major concentrations of Chinese Americans. According to the 2010 U.S. census, there were 14,500 ethnic Chinese in Plano. Of cities with 250,000 or more residents, Plano has the sixth-largest percentage of ethnic Chinese, making up 5.2% of the city’s population. Charlie Yue, the executive vice president of the Association of Chinese Professionals, estimated that about 30,000 Plano residents are Chinese and that many “don’t participate in government activities, like the census”.
Chinese professionals began to settle Plano by 1991. As of 2011, DFW’s Chinese restaurants catering to ethnic Chinese are mainly in Plano and Richardson. Most of the DFW-area Chinese cultural organizations are headquartered in Plano and Richardson. Plano has six Chinese churches and supermarkets, including 99 Ranch Market and zTao Marketplace.
According to the 2023 Corporate Regional Headquarters Report, Plano’s top 10 employers were:
About 80% of Plano’s visitors are business travelers, due to its close proximity to Dallas and the many corporations headquartered in Plano. The city also has a convention center owned and operated by the city. Plano has made a concerted effort to draw retail to its downtown area and the Legacy West in an effort to boost sales tax returns. It has two malls, The Shops at Willow Bend and The Shops at Legacy. Collin Creek Mall closed in 2019. There is an area that has apartments, shops, and restaurants constructed with the New Urbanism philosophy. An experimental luxury Walmart Supercenter is at Park Boulevard and the Dallas North Tollway.
Some of the country’s largest and most recognized companies are headquartered in Plano. Legacy Drive in ZIP Code 75024, between Preston Road and Dallas North Tollway, has many corporate campuses. The following companies have corporate headquarters (Fortune 1000 headquarters) or major regional offices in Plano:
In 2014 Toyota Motor North America announced its U.S. headquarters would move from Torrance, California, to Plano. In 2015, Liberty Mutual announced its plans to build a new corporate campus just a few blocks east of Toyota’s, bringing an estimated 5,000 jobs to the community. In January 2016, JP Morgan Chase and mortgage giant Fannie Mae announced they would move their regional operations to Plano, bringing a combined 7,000 new jobs to the community.
The Plano Public Library System (PPLS) consists of the W.O. Haggard, Jr. Library, the Maribelle M. Davis Library, the Gladys Harrington Library, the Christopher A. Parr Library, the L.E.R. Schimelpfenig Library, and the Municipal Reference Library. The Haggard Library houses the system’s administrative offices.
The Plano Symphony Orchestra is partially funded by the city, performing regularly at St. Andrew United Methodist Church and the Charles W. Eisemann Center for Performing Arts in nearby Richardson.
Although Plano is named for the flat plains of the area, large trees abound in the city’s many parks. One such tree, estimated to be over 200 years old, is in Bob Woodruff Park, near Rowlett Creek on the city’s east side.
There are two main open space preserves: Arbor Hills Nature Preserve (200 acres) which contains a pond in honor of Vasil Levski and Oak Point Park and Nature Preserve (800 acres). Bob Woodruff Park and Oak Point Park and Nature Preserve are connected by biking trails, making the green space one large uninterrupted park space larger than New York City’s Central Park (840 acres). Go Ape, a family-friendly place with outdoor activities like ziplining and Tarzan swings, is at Oak Point Park and Preserve. The Plano Balloon Festival, which happens every September, also takes place at Oak Point Park and Preserve. Another open space is Haggard Park, which hosts the annual Plano AsiaFest in May. Acreage of all spaces the Parks Department manages totals 3,830.81. The Plano Master Plan has the acreage growing to 4,092.63 when complete.
There are five recreation centers: Tom Muehlenbeck Recreation Center, Carpenter Park Recreation Center, Oak Point Recreation Center, Liberty Recreation Center, and Douglass Community Center. Carpenter Park Recreation Center, Oak Point Recreation Center, and Tom Muehlenbeck Recreation Center have an indoor pool, while Liberty Recreation Center has an outdoor pool. Plano Senior Recreation Center is a recreation center dedicated to seniors. There are three swimming pools owned by Plano Parks & Recreation: Harry Rowlinson Community Natatorium, Jack Carter Pool, and Plano Aquatic Center. All the pools are indoor except Jack Carter Pool. Douglass Community Center houses the Boys & Girls Club of Collin County. For pet owners, there are The Dog Park at Jack Carter Park, The Dog Park at Bob Woodruff, and Dog Park at Windhaven Meadows Park.
The City of Plano also owns and operates four performing arts venues and a conference center under the auspices of the Parks and Recreation Department: the Courtyard Theater, the Cox Playhouse, the Amphitheater at Oak Point Park, McCall Plaza, and the Oak Point Park Nature and Retreat Center.
Plano has a council-manager form of government, with a part-time city council that sets city policy and a city manager responsible for city operations. The Plano City Council has eight members elected on a nonpartisan basis in staggered odd-year elections every other May. Council members and the mayor are elected by and serve the city at large. Council members serving in places one, two, three, and four must reside in that district, and the mayor always serves in place six. The mayor receives a yearly stipend of $8,400, and each council member receives $6,000.
All council members, including the mayor, serve a maximum of two consecutive four-year terms. The mayor and city council members could serve for a maximum of three consecutive three-year terms until voters approved changes to the city charter in 2011.
The 38th mayor of Plano was businessman Harry LaRosiliere, who was elected the first African-American mayor of Plano in 2013. Plano elected its first African-American city council member, David Perry, in 1990.
On December 8, 2014, the city council passed an amendment to its civil rights act to include sexual orientation and gender identity as protected. The ordinance drew the ire of conservative groups such as the Liberty Institute, which argued that it infringed on business owners’ religious rights. Many civil rights organizations were not supportive either, such as the Human Rights Campaign, which argued that the policy’s exclusion of transgender individuals from being able to use bathrooms and locker rooms that align with their gender identity rendered the ordinance not worth defending.
In the 2008 fiscal year Comprehensive Annual Financial Report, Plano reported $194 million in revenue, $212 million in expenditures, $278 million in total assets, $31.4 million in total liabilities, and $337 million in cash and investments.
Plano is a voluntary member of the North Central Texas Council of Governments association, the purpose of which is to coordinate individual and collective local governments and facilitate regional solutions, eliminate unnecessary duplication, and enable joint decisions.
In 2020, Police Chief Ed Drain announced the Plano Police Department would no longer make arrests for possession of small amounts of marijuana.
Dallas’s wealthy northern suburbs were solidly Republican, and in 2005, the Bay Area Center for Voting Research ranked Plano, the largest of them, the United States’ fifth-most conservative city. It has recently become more competitive in national elections as its population has diversified, shifting toward the Democratic Party since 2016, when Donald Trump won the city by a narrow margin. In 2018, Beto O’Rourke became the first Democrat to win the city in a statewide election in the 21st century, and in 2020, Joe Biden won the city by an even larger margin. But in local and state elections, Plano still leans Republican, voting to reelect Governor Greg Abbott in 2018 and narrowly reelecting Republicans to the Texas House of Representatives and Texas Senate in 2018 and 2020.
Plano is split between the 33rd, 65th, 66th, 67th, 70th, and 89th Districts in the Texas House of Representatives. The part of Plano in Collin County is wholly contained in Senate District 8, while the Denton County portion is in District 30.
Republican Matt Shaheen represents Texas House District 66, Republican Jeff Leach has represented Texas House District 67 since 2013, and Democrat Mihaela Plesa represents Texas House District 70. Republican Angela Paxton represents Texas Senate District 8.
Plano is split between Texas’s 3rd, 4th, 26th, and 32nd congressional districts, represented by Republicans Keith Self, Pat Fallon, and Michael Burgess, and Democrat Collin Allred respectively. Plano is represented in the United States Senate by Republicans Ted Cruz and John Cornyn.
Plano has 70 public schools, 16 private schools, and two campuses of the Collin County Community College District (Collin College).
The Plano Independent School District serves most of the city. Student enrollment has increased dramatically over the past few decades. Plano has a unique high school system, in which grades 9–10 attend a high school and grades 11–12 attend a senior high. There are three senior high schools (grades 11–12) in PISD: Plano East, Plano, and Plano West. Small portions of Plano are served by the Lewisville Independent School District, Frisco Independent School District, and Allen Independent School District.
Plano schools graduate more of their students than comparable districts. In 2010, 93% of Plano Independent Student District students graduated from high school, 18 percentage points higher than Dallas ISD’s rate. In 2012, Plano Independent School District announced that 128 seniors were selected as National Merit Semifinalists.
Plano has given $1.2 billion in property tax revenue to other school districts through Texas’s “Robin Hood” law, which requires school districts designated as affluent to give a percentage of their property tax revenue to other districts outside the county. In 2008, PISD gave $86 million. Controversy erupted when the salaries of teachers in less affluent districts—such as Garland ISD—exceeded the salaries of teachers in districts that had to pay into “Robin Hood”.
In the 2013–14 school year, Plano ISD opened two four-year high school academies, one focusing on STEAM (STEM education plus Media Arts) called Plano ISD Academy High School, and the other on health science. Additionally, the district modified its International Baccalaureate program to allow freshmen and sophomores in the program to be housed at Plano East Senior High School.
In addition to Catholic primary and middle schools, the Roman Catholic Diocese of Dallas operates John Paul II High School in Plano. Non-Catholic private schools in Plano include Great Lakes Academy, Spring Creek Academy, Yorktown Education, and Prestonwood Christian Academy. In addition, the Collin County campus of Coram Deo Academy is in the One Church (previously Four Corners Church) facility in Plano.
Plano is the home to two campuses of Collin College, one at the Courtyard Center on Preston Park Boulevard and the larger Spring Creek Campus on Spring Creek Parkway at Jupiter. DBU North, a satellite campus of Dallas Baptist University, is in west Plano, and offers undergraduate and graduate courses and houses the admissions and academic counseling offices.
As defined by the Texas Legislature, all of Collin County is in the Collin College district. The portion of Plano within Denton County is zoned to North Central Texas College.
Plano is one of 12 suburbs of Dallas that opt into the Dallas Area Rapid Transit (DART) public transportation system. During its early membership in DART, Plano was lightly served by bus lines, but in 2002, the Red Line of the DART Light Rail project opened stations in Downtown Plano and at Parker Road, which provide access to commuters traveling to work elsewhere in the Dallas area. The Orange Line traverses the same route for selected weekday/peak hour trips. The Silver Line is also planned to run through Southern Plano. Approximately 1% of the city’s population uses DART. The Parker Road station charged for parking for non-member city residents from April 2, 2012, to April 3, 2014, as a part of the Fair Share Parking initiative. Two DART park-and-ride bus facilities, separate from the rail lines, are in Plano: Jack Hatchell Transit Center and Northwest Plano Park & Ride.
Plano was the first city in Collin County to adopt a master plan for its road system. The use of multi-lane, divided highways for all major roads allows for higher speed limits, generally 40 mph (64 km/h), but sometimes up to 55 mph (89 km/h) on the northern section of Preston Road. Plano is served directly by several major roadways and freeways. Central Plano is bordered to the east by U.S. Highway 75, the west by Dallas North Tollway, the south by President George Bush Turnpike (Texas State Highway 190 (east of Coit Road)), and the north by Sam Rayburn Tollway (Texas State Highway 121). Preston Road (Texas State Highway 289) is a major thoroughfare that runs through the city. Plano is Texas’s largest city without an interstate highway.
Plano opened a new interchange at Parker Rd. and U.S. 75 in December 2010. The single-point interchange is the first of its kind in Texas. The design is intended to reduce severe congestion at this interchange. According to reports, traffic congestion has been reduced by 50-75%.
Plano is roughly 30 miles northeast of Dallas/Fort Worth International Airport, the primary airport serving Plano residents and visitors.
Plano Fire-Rescue has 386 full-time firefighters who operate out of 13 stations. The department is responsible for a population of 271,000 residents spread across 72 square miles (190 km). It is also the 10 largest department (by number of firefighters) in the state of Texas.
The Plano Police Department is an accredited agency and Plano’s principal law enforcement agency. The department is led by Chief Ed Drain. The department has authorized staff of 414 sworn officers, 178 full-time civilian employees, and 79 civilian part-time employees. It is a member of the North Texas Crime Commission and uses the Crime Stoppers program.
Plano is part of the North Texas Municipal Water District, headquartered in Wylie, Texas. Lake Lavon is the district’s principal source of raw water. Plano’s water distribution system includes:
Plano’s sister cities are:
Brampton, Canada, was also a sister city to Plano until 2018.
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?
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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.