Insurance Requirements for Owner Operators Rockledge, Florida
JDW Truckers Insurance can answer your questions regarding Insurance Requirements for Owner Operators Rockledge, 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 Rockledge, Florida with high AM Best Rating so when JDW Truckers Insurance helps you get your owner operators truck insurance in Rockledge, 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.
Rockledge is the oldest city in Brevard County, Florida. The city’s population was 24,926 at the 2010 United States Census, and is part of the Palm Bay−Melbourne−Titusville Metropolitan Statistical Area.
Rockledge was officially founded on August 7, 1887, making it the oldest incorporated municipality in Brevard County. The name Rockledge, attributed to Gardner S. Hardee, an early settler, comes from the many ledges of coquina rock that line the Indian River.[citation needed] Other sources refer to a man named Cephas Bailey Magruder, who built his home after settling in the area in 1876 near the Indian River. Magruder called his home “the rockledge home” and the name was eventually attributed to the whole town. It was originally referred to as Rock Ledge; the two-word name persisted through the 19th century.
Early industry in the area was based on the citrus trade and accommodation for tourists traveling to South Florida via the Atlantic Intracoastal Waterway of the Indian River.
President Grover Cleveland and his wife visited the city in 1888.
The town had several large hotels in the late 19th century to the early 20th century that catered to Northern tourists escaping cold winters. These included the Hotel Indian River, the Plaza, and the Rockledge Hotel, all located north of Barton Avenue, looking out over the river.
Towards the early part of the 20th century, Rockledge was known as a resort town. In the winter months, the population would rise from 200 to almost 2,000 people. Up until about 1911, access to Rockledge was via boat and rail. Steamboats in the Indian River connected with Henry Flagler’s trains to bring people to the North. Small boats, sailboats, and small launches frequently stopped to unload freight and passengers. Most of the tourists in this time were wealthy and would use the boats to connect to the rail system at that time. After World War I, the automobile allowed the average person to travel to the area and their encampments dotted the area. The Dixie Highway was completed in 1915 and spanned most of Florida. In the 1920s, US1 was paved and replaced the Dixie Highway.
In 1939–1940, a winter visitor donated the money to construct a hospital. The mayor convinced the council to donate land from the former golf course that had belonged to the defunct Indian River Hotel for the hospital.
Rockledge underwent an expansion further west and south in the 1960s when it became a bedroom community for the nearby Kennedy Space Center. Several hundred families from all over the United States settled in the city with the advent of the Apollo missions and the space shuttle program.
Barton Boulevard replaced US 1 as the town’s economic center as new subdivisions spread south along Fiske Boulevard. By the 1970s, the bulk of Rockledge’s population lived between US 1 and I-95.
Developments stretched north to south from the late 1950s to the 1990s. Virginia Park, Marlin Manor, Fairway Estates, Rockledge Country Club Estates, Golfview Estates, Kings Grant, Georgetown, Levitt Park and Woodsmere had all been established by the 1960s–1980s
Levitt Park and Woodsmere were built atop a gladiola farm and an orange grove. The huge Australian Pine trees at the southernmost points of Fiske Boulevard are all that remain of the grove’s windbreaks. The subdivision of Silver Pines, while part of unincorporated Brevard County outside the city limit, was also built during this period and is identified by citizens as a part of the city.
According to the United States Census Bureau, the city has a total area of 13.4 square miles (34.8 km), of which 11.9 square miles (30.9 km2) is land and 1.5 square miles (3.8 km) (11.03%) is water.
It is bounded on the north by Cocoa, on the west by the St. Johns River and scrubland, to the south by Viera (unincorporated) and Melbourne, and to the east by the Indian River Lagoon and Merritt Island (unincorporated) on the opposite shore.
Rockledge has a humid subtropical climate, Köppen climate classification Cfa. The area’s warm and humid climate is caused primarily by its proximity to the Gulf Stream, which flows off the east coast of Florida. There are two major seasons which characterize the area. One is hot and rainy, lasting from June until late September. The other is the dry season, October through May, brings more moderate temperatures and less frequent rainfall.
Rainfall can run off from the city into the Indian River Lagoon, with resultant pollution. As a result, the city has banned fertilizing from June 1 to September 30 annually.
As of the census of 2000, there were 20,170 people, 7,864 households, and 5,677 families residing in the city. The population density was 1,884.4 inhabitants per square mile (727.6/km2). There were 8,353 housing units at an average density of 780.4 per square mile (301.3/km). The racial makeup of the city was 81.06% White, 14.64% African American, 0.28% Native American, 1.66% Asian, 0.08% Pacific Islander, 0.73% from other races, and 1.56% from two or more races. Hispanic or Latino of any race were 3.28% of the population.
There were 7,864 households, out of which 31.0% had children living with them, 56.8% were married couples living together, 11.9% had a female householder with no husband present, and 27.8% were non-families. 22.5% of all households were made up of individuals, and 9.5% had someone living alone who was 65 years of age or older. The average household size was 2.51 and the average family size was 2.93.
Per the 2000 Census, the population was distributed as follows:
The median age was 40 years. For every 100 females, there were 90.6 males. For every 100 females age 18 and over, there were 87.3 males.
In 2010, the city had the lowest percentage of people living in poverty of any municipality measured in the county, 5%, compared to an average of 10% countywide.
Rockledge has the following parks:
The City of Rockledge functions under a Council-Manager government. The Mayor and City Council members are elected to three-year terms. There are six City Council members whose terms are staggered to allow election of two council seats each year. The city holds municipal elections on the first Tuesday after the first Monday of November each year.
While the Mayor and the City Council act as the legislative body of the City of Rockledge, the actual operation of the city and its functions lies with the city manager and his departmental support staff consisting of assistant city manager/finance director, city clerk/public relations officer, building official, fire chief, chief of police, director of public works and director of wastewater treatment and water reclamation.
The chairman of the City Council appoints members of the City Council to serve on subcommittees and to represent the City Council on other governmental bodies that require the city’s input.
In 2013, there were 237 city employees.
In 2007, the city had a taxable real estate base of $1.55 billion.
In 2009–2010, the city paid $2.2 million for solid waste disposal. This was furnished at a cost of $168.48 annually per residence. Non residential (business) collection cost $632.89 each, annually.
Rockledge has approximately fifty full-time certified police officers serving the city. In addition, there are 18 support staff positions, five reserve officers, eight crossing guards, and seven civilian volunteers. All police officers must be certified by the State of Florida. In August 2011, the new $4 million police headquarters was finished and it is located at 1776 Jack Oates Blvd. The old police station on Barton Blvd may be home to a future library and other non-profit organizations, who will lease the former police headquarters from the city.
Along with one other city in the county, Rockledge has its own fire department with three stations. There is a county fire department within the city limits.
The City of Rockledge contains several citizen-run boards and committees that make recommendations to the city on various issues. The positions held on the boards and committees are on a voluntary basis and non-paid. The boards and committees of Rockledge are:
The city publishes an official newsletter for residents of Rockledge.
Local businesses focus on technology and aerospace, especially those related to nearby Kennedy Space Center and Cape Canaveral.
Citrus grove production is nominal, producing citrus confections, juice and souvenirs for the tourist trade and for local consumption.
The median income for a household in the city was $45,218, and the median income for a family was $52,332. Males had a median income of $39,434 versus $25,918 for females. The per capita income for the city was $20,700. About 4.0% of families and 6.5% of the population were below the poverty line, including 6.2% of those under age 18 and 7.2% of those age 65 or over.
The leading industries in Rockledge are Educational, health and social services, 20%; Manufacturing, 12%; and Professional, scientific, management, administrative, and waste management services, 11%.
Rivian Automotive, a tiny start-up, plans to begin production of cars in 2013.
Rockledge has the following annual community events, festivals, and parades:
In 2007, the average size of Rockledge’s labor force was 11,886. Of that group, 11,455 were employed and 431 were unemployed, for an unemployment rate of 3.6%.
Among the most common occupations in Rockledge are Management, professional, and related occupations, 36%. Sales and office occupations, 28%. and Service occupations, 15%. Approximately 72 percent of workers in Rockledge, Florida work for companies, 19 percent work for the government and 6 percent are self-employed.
Reflecting economic times, in 2008, 45 building permits were issued for 105 units. In 2007, 131 permits were issued for 158 units. Also, in 2006, an estimated 106 permits for 341 units were issued.
The median home price in 2007 was $214,965.
In February 2011, the average price of homes actually sold was $131,500.
The public schools in Rockledge are operated by the Brevard County Public School Board. Local schools include Hans Christian Andersen Elementary; Golfview Elementary; John F. Kennedy Middle School; Ronald McNair Magnet Middle School; and Rockledge High School.
Private schools include St. Mary’s Catholic School, Rockledge Christian School, Trinity Lutheran School, and Rockledge Montessori School. Sawgrass Academy Middle was a former charter school in the town.
Rockledge is served by U.S. Route 1. Major east–west roads are oriented towards this north–south road.
The following are at least four-lane roads, unless otherwise designated.
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.