Insurance Requirements for Owner Operators Spartanburg, South Carolina
JDW Truckers Insurance can answer your questions regarding Insurance Requirements for Owner Operators Spartanburg, South 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 Spartanburg, South Carolina with high AM Best Rating so when JDW Truckers Insurance helps you get your owner operators truck insurance in Spartanburg, South 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.
Spartanburg is a city in and the seat of Spartanburg County, South Carolina, United States. The city had a population 38,732 as of the 2020 census, making it the 11th-largest city in the state. For a time, the Office of Management and Budget (OMB) grouped Spartanburg and Union Counties together as the Spartanburg metropolitan statistical area, but the OMB now defines the Spartanburg MSA as only Spartanburg County.
Spartanburg is the second-largest city in the greater Greenville–Spartanburg–Anderson combined statistical area, which had a population of 1,385,045 as of 2014. It is part of a 10-county region of northwestern South Carolina known as “The Upstate”, and is located 98 miles (158 km) northwest of Columbia, 80 miles (130 km) west of Charlotte, North Carolina, and about 190 miles (310 km) northeast of Atlanta, Georgia.
Spartanburg is the home of Wofford College, Converse University, Spartanburg Community College, and Edward Via College of Osteopathic Medicine and the area is home to USC Upstate, Sherman College of Chiropractic and Spartanburg Methodist College. It is also the site of headquarters for Denny’s.
Spartanburg was formed in 1785, after a deal was made with the Cherokee Nation in 1753, and was named after a local militia called the Spartan Regiment in the American Revolutionary War. The Spartan Regiment, commanded by Andrew Pickens, participated in the nearby Battle of Cowpens. In 1831, Spartanburg was incorporated, later becoming known as the “Hub City”; railroad lines radiated from the city forming the shape of a wheel hub.
It became a center of textile manufacturing in the late 19th century, with around 40 textile mills being established through the early 1900s.
In 1911, under the sponsorship of the Spartanburg Herald and the United Daughters of the Confederacy, the city erected a confederate monument at the intersection of South Church and Henry Streets, overlooking downtown. It was moved in 1966 to Duncan Park.
During World War I, Camp Wadsworth was used to train 100,000 soldiers for the war. Camp Croft trained soldiers during World War II. The facility was transferred to the state and adapted as Croft State Park.
By the 1950s, the production in these mills began to decline as wages increased. Most textile manufacturing jobs were moved offshore by the companies.
According to the United States Census Bureau, the city has a total area of 20.3 square miles (53 km), of which 0.1 square miles (0.26 km), or 0.47%, is covered by water. The most common soil series is Cecil. The bedrock is mostly biotite gneiss.
The city of Spartanburg has a humid subtropical climate with long, hot, and humid summers, and cool to semimild winters. The average annual temperature is 61.6 °F (16.4 °C). In the summer from June through September, average highs are in the 80s °F (20s °C) to low 90s °F (30s °C), while in the winter, average highs are in the mid-50s °F (10s °C). Annual rainfall is spread fairly evenly throughout the whole year. Spartanburg receives very little snowfall, with the annual average being only 1.4 inches (3.6 cm). Average precipitation is 51.3 inches (130 cm) and the average growing season is 231 days.
As of the 2020 United States census, 38,732 people, 15,154 households, and 8,638 families resided in the city.
As of the census of 2010, 37,013 people, 15,989 households, and 9,721 families were residing in the city. The population density was 2,066.3 inhabitants per square mile (797.8/km). The 17,696 housing units had an average density of 923.9 per square mile (356.7/km). The racial makeup was 49.55% African American, 47.15% White, 0.18% Native American, 1.33% Asian, 0.82% from other races, and 0.96% from two or more races. Hispanics or Latinos of any race were 1.78% of the population.
Of the 15,989 households, 28.9% had children under 18 living with them, 34.0% were married couples living together, 23.0% had a female householder with no husband present, and 39.2% were not families. About 34.0% of all households were made up of individuals, and 13.2% had someone living alone who was 65 or older. The average household size was 2.33, and the average family size was 3.00.
In the city, the age distribution was 25.2% under 18, 12.2% from 18 to 24, 26.6% from 25 to 44, 20.6% from 45 to 64, and 15.4% who were 65 or older. The median age was 35 years. For every 100 females, there were 79.6 males.
The median income for a household in the city was $28,735, and for a family was $36,108. Males had a median income of $30,587 versus $23,256 for females. The per capita income for the city was $18,136. About 29.4% of families and 23.3% of the population were below the poverty line, including 34.6% of those under age 18 and 15.4% of those age 65 or over.
Within the past decade, developers and community leaders have spearheaded an effort to revitalize Spartanburg’s downtown commercial district. This has resulted in a remodeling of Morgan Square, the restoration of a number of historic structures and the relocation of several businesses and company headquarters to the downtown vicinity. These new developments include a nine-floor, 240-room Marriott hotel.
Spartanburg is home to many large companies, including Denny’s, KYMCO, Smith Drug Company, Advance America Cash Advance, Southern Conference, Spartanburg Herald-Journal, RJ Rockers Brewing Company, American Credit Acceptance, and Upward Sports.
The economy of Spartanburg benefits from the BMW manufacturing facility located in the city of Greer, South Carolina, which is in Spartanburg County. As of February 2017, the plant employed around 8,800 people with an average daily output of about 1,400 vehicles.
Spartanburg is also home to the world headquarters and research facility for Milliken & Company, a textile and chemical manufacturer.
According to Spartanburg’s 2022 Comprehensive Annual Financial Report, the principal employers in the city are:
Cultural events and institutions in the city include:
Early European settlers to this area included French fur trappers, English woodsmen, and Scots-Irish farmers. Few remnants survive from these early pioneering days, but traces can be found in the more rural areas of the county.
First established in the 1780s as a courthouse village, Spartanburg may have been named for the Spartan regiment of the South Carolina militia. The city was incorporated in 1831, at the time of the 50th anniversary of the Battle of Cowpens, a pivotal fight of the American Revolution that took place only a few miles away. The city’s streets and architectural record reflect the changes of the 19th and 20th centuries.
Cotton mills have abounded in the Spartanburg area since 1816, earning Spartanburg the reputation as the “Lowell of the South.” Although there were few mills in the area before the Civil War, technological advances, northern capital, and out-migration from the poor farms that made white labor available, created a wave of postbellum mill development here and in much of the Piedmont South. Additionally, the abundant streams and rivers in the area are just beginning their descent towards the lower-lying Midlands region. In many places, these waterways descend abruptly, providing a source for plentiful waterpower. Cotton mills were built along these rivers to harness this power, and so began the region’s servitude to King Cotton. These mills, their owners and their slaves dominated the politics and economy of the region for nearly a century. Although nearly all abandoned, many mills remain along the riverbanks, the Piedmont equivalent of Gothic ruins.
When the United States entered World War I in 1917, one of the sixteen divisional cantonments for the training of National Guard troops was Camp Wadsworth, which is located in the vicinity of Westgate Mall. Large numbers of New York National Guardsmen trained there in addition to many southern troops. During World War II, Camp Croft south of the city trained Army recruits. This is now a South Carolina state park with the same name. Some portions of the park contain the original quonset huts.
Spartanburg is host to the NFL’s Carolina Panthers training camp each year on the campus of Wofford College.
Historic Duncan Park Stadium is one of the oldest professional baseball stadiums in the country. It was once home to the Spartanburg Stingers in the Coastal Plain League (CPL) and the Spartanburg Crickets in the Southern Collegiate Baseball League. It was also once home to the Spartanburg Phillies, a minor league team of the Philadelphia Phillies. It now is the home stadium for the baseball teams of Spartanburg High School. In 2021, it was the home field for the Spartanburgers in the CPL.
The Shrine Bowl of the Carolinas is held each year at Wofford’s Gibbs Stadium. It is a high school football all-star game played between the top players from South Carolina and the top players from North Carolina.
The USC Upstate Spartans, Spartanburg Methodist College Pioneers, and the Wofford College Terriers offer a variety of sports for both men and women. Converse College also offers NCAA Division II women’s sports teams.
The city hosts the Spartanburg Criterium. The criterium is a yearly event and is usually one of the events associated with Speed Week which is part of the USA Crits bicycle racing series. The event is billed as the “fastest night in Spartanburg.”
Upward Sports, a Christian-based sports organization for kids, is headquartered in Spartanburg.
The Down East Wood Ducks baseball team of the Carolina League are reported to be moving to a newly-built ballpark in downtown Spartanburg “as early as the 2025 season”.
The current mayor, Jerome Rice, was elected in 2021. Spartanburg operates under a city manager form of government in which the mayor and six city council members have equal votes. Council members represent districts within the city and the mayor is elected at large. The council appoints a city manager, who is responsible for the daily administration of city governmental affairs. City Hall is located at 145 West Broad Street.
The Spartanburg County Administration Building (this is the old Sears building which was vacated in the mid-1970s when Sears moved to Westgate Mall and renovated in the late 1980s or early 1990s) is located at 366 North Church Street. It is across the street from the Spartanburg Memorial Auditorium.
Spartanburg is a college town, with four institutions of higher learning:
In the area:
Most of the City of Spartanburg’s public schools are run by Spartanburg County School District 7, one of seven loosely affiliated districts located in Spartanburg County. District 7 students are zoned to Spartanburg High School. However, the westernmost part of the city is served by Spartanburg County School District 6, which has two elementary schools within city limits. District 6 students are zoned to Paul M. Dorman High School in Roebuck.
The Spartanburg area is home to the main campus of the South Carolina School for the Deaf and the Blind, which is outside of the city limits in an unincorporated area. It has five Regional Outreach Centers throughout the state. The city is also home to Spartanburg Preparatory School, a K-8 public charter school that is the only “brick and mortar” charter school in the Upstate.
Spartanburg is also home to Spartanburg Christian Academy, a K-12 private school in North Spartanburg, the Spartanburg Day School, a K-12 private school offering the International Baccalaureate in grades K-4, and to Oakbrook Preparatory and Westgate Christian schools, both K-12 private schools. Located in Hampton Heights, the Montessori Academy of Spartanburg is a PreK-8 private school providing a Montessori educational approach. The Meeting Street Academy in downtown Spartanburg is a branch of a Charleston-based private school and currently offers PreK and Kindergarten.
St. Paul the Apostle Catholic School is located in downtown Spartanburg. It is affiliated with the Roman Catholic Diocese of Charleston and is K-8.
Spartanburg is part of the much greater Greenville-Spartanburg-Anderson-Asheville DMA which is the nation’s 38th largest and is served by the following major television affiliates:
Spartanburg is served by the Spartanburg Area Regional Transit Agency (SPARTA), covering the city of Spartanburg and the surrounding urbanized area with 8 routes leading to a wide variety of destinations. All SPARTA buses are equipped with bicycle racks. Two hybrid-electric buses were added to the fleet in 2012. The SPARTA Passenger Center is located at 100 North Liberty Street and also serves Greyhound buses.
Mass Transit is provided to all citizens of Spartanburg County through Spartanburg County Dial-A-Ride. It is a door to door service that operates six days a week.
The Greenville-Spartanburg International Airport (GSP) lies mostly in suburban Greer, and it serves Greenville as well as Spartanburg. It has become one of the busiest airports in South Carolina.
The Spartanburg Downtown Memorial Airport (SPA) is a general aviation/small craft airport owned and operated by the City, which lies southwest of town.
Amtrak’s Crescent train connects Spartanburg with the cities of New York, Philadelphia, Baltimore, Washington, Greensboro, Charlotte, Atlanta, Birmingham and New Orleans. The Amtrak station is situated at 290 Magnolia Street.
Spartanburg County’s healthcare is mainly provided by Spartanburg Regional Healthcare System. Spartanburg Regional is a public, not-for-profit, integrated health care delivery system with several facilities in Spartanburg, including:
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.