Insurance Requirements for Owner Operators Springfield, Ohio
JDW Truckers Insurance can answer your questions regarding Insurance Requirements for Owner Operators Springfield, Ohio. 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 Springfield, Ohio with high AM Best Rating so when JDW Truckers Insurance helps you get your owner operators truck insurance in Springfield, Ohio 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.
Springfield is a city in the U.S. state of Ohio and the county seat of Clark County. The municipality is located in southwestern Ohio and is situated on the Mad River, Buck Creek, and Beaver Creek, approximately 45 miles (72 km) west of Columbus and 25 miles (40 km) northeast of Dayton. Springfield is home to Wittenberg University, a liberal arts college.
As of the 2020 census, the city had a total population of 58,662, while the Springfield Metropolitan Statistical Area had a population of 136,001 residents. The Little Miami Scenic Trail, a paved rail-trail that is nearly 80 miles long, extends from the Buck Creek Scenic Trail head in Springfield south to Newtown, Ohio (near Cincinnati). It has become popular with hikers and cyclists.
In 1983, Newsweek magazine featured Springfield in its 50th-anniversary issue, entitled, “The American Dream.” It chronicled the effects of changes of the previous 50 years on five local families. In 2004, Springfield was chosen as an “All-America City.” In the 2010s, Springfield ranked low among cities in the state and nation for indicators such as health, happiness, and well-being.
The historic Shawnee occupied this area before and during European exploration and settlement. They had the villages of Peckuwe and Piqua at 39° 54.5′ N, 83° 54.68′ W, and 39° 54.501′ N, 83° 54.682′ W, respectively. These were the settlements of the Peckuwe and Kispoko divisions of the Shawnee Tribe.
During the American Revolution and associated frontier wars, European Americans destroyed these villages in the Battle of Piqua, August 8, 1780. Logan’s raid occurred near Springfield October 1786. European Americans later developed the city of Springfield, Ohio near here.
In the early 21st century, the Piqua Sept of the Ohio Shawnee Tribe placed a traditional sacred cedar pole in commemoration of the Peckuwe village site and their tribe. It is registered as a state historical marker. Today that site is within Springfield, located “on the southern edge of the George Rogers Clark Historical Park, in the lowlands in front of the park’s ‘Hertzler House’.”
Springfield was founded in 1801 by European-American James Demint, a former teamster from Kentucky. It was named for historic Springfield, Massachusetts. When Clark County was created in 1818 from parts of Champaign, Madison, and Greene counties, Springfield was chosen by the legislature over the village of New Boston (another village named after a New England predecessor) as the county seat, winning by two votes.
Early growth in Springfield was stimulated by federal construction of the National Road into Ohio. Springfield was the terminus for approximately 10 years as politicians wrangled over its future path. Dayton and Eaton wanted the road to veer south after Springfield, but President Andrew Jackson, who took office in 1829, made the final decision to have the road continue straight west to Richmond, Indiana.
During the mid-and-late 19th century, industry began to flourish in Springfield. Industrialists included Oliver S. Kelly, Asa S. Bushnell, James Leffel, P. P. Mast, and Benjamin H. Warder. Bushnell also constructed the Bushnell Building, naming it after himself. Patent attorney to the Wright Brothers, Harry Aubrey Toulmin, Sr., wrote the 1904 patent here to cover their invention of the airplane. In 1894, The Kelly Springfield Tire Company was founded in the city.
P. P. Mast started Farm & Fireside magazine to promote the products of his agricultural equipment company. His publishing company, known as Mast, Crowell, and Kirkpatrick, eventually developed as the Crowell-Collier Publishing Company, best known for publishing Collier’s Weekly.
At the turn of the 20th century, Springfield became known as the “Home City.” It was a period of high activity by fraternal organizations, and such lodges as the Masonic Lodge, Knights of Pythias, and Odd Fellows built homes for orphans and aged members of their orders. Springfield also became known as “The Champion City,” a reference to the Champion Farm Equipment brand, manufactured by the Warder, Bushnell & Glessner Company. In 1902 this company was absorbed into International Harvester. The latter operates today in Springfield as Navistar International, a manufacturer of medium to large trucks.
In 1902 A.B. Graham, then the superintendent of schools for Springfield Township in Clark County, established a “Boys’ and Girls’ Agricultural Club.” Approximately 85 children from 10 to 15 years of age attended the first meeting on January 15, 1902, in Springfield, in the basement of the Clark County Courthouse. This was the start of what would soon be called the “4-H Club”; it expanded to become a nationwide organization, at a time when agriculture was a mainstay of the economy in many regions. (4-H stands for “Head, Heart, Hands, and Health”). The first projects included food preservation, gardening, and elementary agriculture. Today, the Courthouse still bears a large 4H symbol under the flag pole at the front of the building to commemorate its role in founding the organization. The Clark County Fair is the second-largest fair in the state (only the Ohio State Fair is larger), and the 4H has continued to be very popular in this area.
On March 7, 1904, over a thousand white residents formed a lynch mob, stormed the jail, and removed prisoner Richard Dixon, a black man accused of killing police officer Charles B. Collis. Dixon was shot to death and then hanged from a pole on the corner of Fountain and Main Street, where the mob shot his body numerous times. From there the mob rioted through the town, destroying and burning much of the black area. The events were covered by national newspapers and provoked outrage. In February 1906, another white mob formed and again burned the black section of town, known as “the levee”, as it was located in the flood-prone area near the river. Sixty years later, Springfield was the first city in Ohio to elect a black mayor, Robert Henry.
On February 26, 1906, there was another riot, the result of an altercation between a white man and a black man. The proceeding violence burned down a significant portion of the black neighborhood in Springfield and left nearly a hundred people homeless.
The final riot took place in 1921, although relatively peaceful compared to the two prior. It was reported that there was in fact little to no rioting, and that other reports made by The New York Times of 14 people killed was in fact, incorrect.
From 1916 to 1926, 10 automobile companies operated in Springfield. Among them were the Bramwell, Brenning, Foos, Frayer-Miller, Kelly Steam, Russell-Springfield, and Westcott. The Westcott, known as “the car built to last,” was a six-cylinder four-door sedan manufactured by Burton J. Westcott of the Westcott Motor Car Company.
Westcott and his wife Orpha are now even better known for having commissioned architect Frank Lloyd Wright in 1908 to design their home at 1340 East High Street. The Westcott House, a sprawling two-story stucco and concrete house, has all the features of Wright’s “prairie style,” including horizontal lines, low-pitched roof, and broad eaves. Wright became world-renowned, and this is his only prairie-style house in the state of Ohio. In 2000 the property was purchased by the Frank Lloyd Wright Building Conservancy (based in Chicago.) As part of a prearranged plan, the house was sold to a newly formed local Westcott House Foundation. This foundation managed an extensive 5-year, $5.8 million restoration, completed in October 2005. The landmark house is now open to the public for guided tours.
International Harvester (now Navistar International), a manufacturer of farm machinery and later trucks, became the leading local industry after 1856, when Springfield native William Whiteley invented the self-raking reaper and mower. International Harvester and Crowell-Collier Publishing were the major employers throughout most of the next century. Crowell-Collier closed its magazines in 1957 and sold its Springfield printing plant.
The decline in manufacturing and other blue-collar industries in the United States in the late 20th and early 21st centuries resulted in significant economic and population losses in Springfield. A 27% decrease in median income between 1999 and 2014 was the largest of any metropolitan area in the country. Peaking at more than 82,000 in the 1960 census, the city population had declined to only 58,662 in 2020. Despite efforts by local politicians and business organizations, an economic recovery enjoyed by larger cities since the Great Recession has not included Springfield or other small cities in Ohio.
In recent years, Springfield has attempted revitalization of the downtown area with several projects to stimulate residential housing, attract heritage tourism, and benefit the local economy. In 2019, the city began development on 34 new townhomes in downtown along Center Street, which will be named Center Street Townes. The City of Springfield also voted to approve $3.3 million toward a new $7 million parking garage in downtown; it started construction in 2019. Since 2000, notable downtown improvements that have been finished include the Ohio Valley Surgical Hospital, Springfield Regional Medical Center, Mother Stewart’s Brewing Company, the NTPRD Chiller Ice Arena, and the demolition of several decaying structures. These buildings include the Arcue Building, the Robertson Building, and the Crowell-Collier building.
New revitalization projects have not been limited to the downtown region, however. Efforts have been made to try and revitalize the Upper Valley Mall for years, mostly falling short as anchor tenants such as JCPenney, Macy’s and Sears have closed and 40 acres of the property was purchased by the Clark County Land Reutilization Corp. for $3 million in mid-2018. The permanent closure of the mall was announced in 2021. Another major project for the city is the ongoing development of the Bridgewater neighborhood, which is the first significant housing development in the city of Springfield since the early 1990s. The construction project is estimated to bring over 230 new homes to the city. Utilities are currently being set up, and later in 2019, the roads will be paved. The development is estimated to take about four years to complete. Much of the new housing development is attributed to trying to attract new jobs into the area, which has apparently paid off. In recent years, Springfield has benefitted tremendously from Speedway LLC having success, Navistar International having a resurgence in recent years, and companies like TopreAmerica Corp. and Silfex being introduced into the community.
Springfield is located at 39°55′37″N 83°48′15″W / 39.92694°N 83.80417°W (39.927067, −83.804131).
According to the United States Census Bureau, the city has a total area of 25.50 square miles (66.04 km), of which, 25.29 square miles (65.50 km) is land and 0.21 square miles (0.54 km) is water. The Clarence J. Brown Reservoir is located on the northeast outskirts of Springfield.
As of the 2000 census, the median income for a household in the city was $32,193, and the median income for a family was $39,890. Males had a median income of $32,027 versus $23,155 for females. The per capita income for the city was $16,660. 16.9% of the population and 13.5% of families were below the poverty line. Out of the total population, 23.9% of those under the age of 18 and 9.6% of those 65 and older were living below the poverty line.
As of the 2010 census, there were 60,608 people, 24,459 households, and 14,399 families residing in the city. The population density was 2,693.7 inhabitants per square mile (1,040.0/km). There were 28,437 housing units at an average density of 1,263.9 per square mile (488.0/km). The racial makeup of the city was 75.2% White, 18.1% African American, 0.3% Native American, 0.8% Asian, 0.02% Pacific Islander, and 4.0% from two or more races. Hispanic or Latino of any race were 3.0% of the population.
There were 24,459 households, of which 26.3% had children under the age of 18 living with them, 34.4% were married couples living together, 18.6% had a female householder with no spouse present, 5.9% had a male householder with no spouse present, and 41.1% were non-families. Of all households, 34.1% were made up of individuals, and 13.7% had someone living alone who was 65 years of age or older. The average household size was 2.38, and the average family size was 3.01.
In the population was spread out, with 24.4% under the age of 18, 11.5% from 18 to 24, 24.2% from 25 to 44, 24.6% from 45 to 64, and 15.3% who were 65 years of age or older. The median age was 36 years. For every 100 females, there were 90.9 males. For every 100 females age 18 and over, there were 86.2 males.
From 2012 through 2014, the city experienced a 21% increase in violent crime; from 618 per 100,000 persons to 750. Also during those years, occurrences of murder and non-negligent manslaughter steadily increased; from 5 to 7. In 2015, Springfield’s violent crime reached a 14-year high, but this rate has since decreased.
Springfield has a notably weakened economy due to many factors, but a key cause for degradation of the economy in Springfield has been the decline in manufacturing jobs. Between 1999 and 2014, Springfield saw the median income decreased by 27 percent, compared to just 8 percent across the country. In the 1990s, Springfield lost 22,000 blue collar jobs, which was the backbone of the city economy. Today, Springfield largely relies on healthcare, manufacturing, transportation, leisure, education, financial institutions, and retail for employment.
Springfield City Schools enroll 8,604 students in public primary and secondary schools. The district operates 16 public schools including ten elementary schools, three middle schools, one high school, and one alternative school.
Also located in Springfield is the Global Impact STEM Academy, an early-college middle school and high school certified in Science, Technology, Engineering, and Mathematics curriculum. It was founded in 2013.
Springfield is home to two institutions of higher learning, Wittenberg University, and Clark State College.
Wittenberg University is a Lutheran university that was founded in Springfield in 1845. It is a four-year private liberal arts university. It has approximately 1800 students and a faculty of approximately 140. It is situated on a campus of 114 acres. It is one of the most highly-rated liberal arts universities in the nation, offering more than seventy majors. Wittenberg has more than 150 campus organizations, which include ten national fraternities and sororities. The WUSO radio station is operated on the campus.
The city is also home to Clark State College. The Springfield and Clark County Technical Education Program opened in 1962 and began to offer technical training for residents of Springfield, Ohio, and surrounding communities. The charter for the organization of the Clark County Technical Institute was effective February 18, 1966. Clark County Technical Institute became Ohio’s first technical college to be sanctioned by the Ohio Board of Regents, the name changed from Clark County Technical Institute to Clark Technical College by action of the Ohio Board of Regents on February 17, 1972. The charter changed from Clark Technical College to Clark State Community College on June 17, 1988, and the college began offering Associate of Arts and Associate of Science transfer degrees that same year. With the addition of bachelor’s degrees now available at Clark State, the Board of Trustees has voted to change the name of the institution to encompass the advancements in educational opportunities made by the college. On January 1, 2021, Clark State Community College became known as Clark State College.
The Clark County Public Library operates three public libraries within the city of Springfield.
The city is served by one daily newspaper, the Springfield News-Sun. The Wittenberg Torch is the newspaper of Wittenberg University, and WUSO-FM “The Berg” is its radio station. WEEC-FM radio, featuring Christian-based programming, is also located in the city.
Ohio State Route 72 runs north-south through downtown Springfield. U.S. Highway 40 runs east-west through the downtown. U.S. Highway 68 runs north-south on the west edge of the city. Interstate 70 runs east-west to the south of the city.
Springfield–Beckley Municipal Airport, a civil-military airport, is 6.6 miles south of Springfield, between US 68 and Ohio Route 72. The closest airport with commercial passenger flights is Dayton International Airport, 27.2 miles to the west.
Springfield had been served by passenger railroads of the New York Central at its Big Four Depot, with trains for Cincinnati, Detroit, Cleveland and New York City, demolished in 1969, and the Pennsylvania Railroad at its station, with a train due for Richmond, Indiana and Chicago. The last train from Springfield, an unnamed remnant of the New York Central’s Ohio State Limited, running on the (Cincinnati – Columbus – Cleveland) route by the Penn Central, had its final trip on April 30, 1971.
The following are notable people born and/or raised in Springfield:
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.