Insurance Requirements for Owner Operators Whatley, Texas
JDW Truckers Insurance can answer your questions regarding Insurance Requirements for Owner Operators Whatley, 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 Whatley, Texas with high AM Best Rating so when JDW Truckers Insurance helps you get your owner operators truck insurance in Whatley, 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.
Texarkana is a city in Bowie County, Texas, United States, in the Ark-La-Tex region. Located approximately 180 miles (290 km) from Dallas, Texarkana is a twin city with neighboring Texarkana, Arkansas. The Texas city’s population was 36,193 at the 2020 census.
The city and its Arkansas counterpart form the core of the Texarkana metropolitan statistical area, encompassing all of Bowie County, Texas, and Miller County, Arkansas. The two cities had a combined population of 65,580 in the 2020 decennial census, and the metropolitan area had a population of 149,482.
Railroads were quick to see the possibilities of connecting markets in this vast area. In the late 1850s, the builders of the Cairo and Fulton Railroad were pushing their line steadily south across Arkansas. By 1874, they crossed the Red River and reached the Texas state line. Between February 16 and March 19, 1874, trains ran between the Texas border and the Red River, whence passengers and freight were ferried north to Fulton, Arkansas to continue by rail. The Red River Bridge opened on March 20, 1874. Since then, trains have run directly from Texarkana to St. Louis, Missouri.
Keen rivalry existed between the 1870s railroad builders. The Texas and Pacific Railroad reached across Texas to the Arkansas state line. The border was the logical place for the different railways to connect. On December 8, 1873, the Texas and Pacific sold the first town lots for the future city. The first buyer was J. W. Davis, who purchased the land where today’s Hotel McCartney now stands on the Texas side of the border, opposite Union Station which is split between both the Arkansas and Texas border.
The name Texarkana is known to be a portmanteau of Texas, Arkansas, and nearby Louisiana. However, accounts of the name’s origin differ, and it had been in use some time before the town was founded. The most popular tradition is that when the St. Louis, Iron Mountain and Southern Railway was building its line through the area, Col. Gus Knobel, a railroad surveyor, coined the name. He is said to have painted it on a plank and nailed it to a tree, saying “This is the name of a town which is to be built here.” Another story tells of a Red River steamboat named The Texarkana, c. 1860. A third account relates that a storekeeper named Swindle in Red Land, Louisiana, concocted a drink called “Texarkana Bitters”.
Texarkana is located at the junction of Interstate 30 and US highways 59, 67, 71, and 82 in extreme northeast Texas on the Texas-Arkansas border, at 33°26′14″N 94°4′3″W / 33.43722°N 94.06750°W (33.437170, –94.067394). It is bordered by the city of Texarkana, Arkansas, to the east, and by the smaller cities of Nash, Wake Village and Liberty Eylau, Texas to the west. It is in the Central Time Zone.
According to the United States Census Bureau, the Texas city has a total area of 29.5 square miles (76.3 km), of which 29.0 square miles (75.2 km) is land and 0.42 square miles (1.1 km), or 1.39%, is covered by water. The city is roughly 180 miles northeast of Dallas.
On May 22, 2008, a microburst producing winds up to 100 mph occurred over Stateline Avenue and surrounding communities. An analysis of radar data leading up to the damage showed that two severe thunderstorms came together on the south side of the city. One severe storm was moving northeastward from southern Bowie County, while the other was moving northwestward through Miller County. Both storms collided in an area just south of downtown Texarkana.
On May 16, 2020, a waterspout tornado formed in adjacent Lake Wright Patman.
On December 31, 2021, a rare weather phenomenon called “animal rain” caused fish to fall out of the sky and land in pedestrian’s yards, sidewalks and business lots.
According to the 2020 United States census, there were 36,193 people, 14,148 households, and 8,767 families residing in the city. The population density was 1,228.13 inhabitants per square mile (474.18/km). The 16,270 housing units averaged 589.4 per square mile (227.5/km). Of the 16,280 households, 31.5% had children under the age of 18 living with them, 42.5% were married couples living together, 19.3% had a female householder with no husband present. and 34.1% were not families; 29.9% of all households were made up of individuals, and 12.1% had someone living alone who was 65 years of age or older. The average household size was 2.42 and the average family size was 3.01.
In the city, the age distribution of the population was 26.0% under the age of 18, 10.0% from 18 to 24, 27.6% from 25 to 44, 20.7% from 45 to 64, and 15.7% who were 65 years of age or older. The median age was 36 years. For every 100 females, there were 89.0 males. For every 100 females age 18 and over, there were 84.4 males.
The median income for a household in the city was $29,727, and for a family was $39,119. Males had a median income of $34,155 versus $21,143 for females. The per capita income for the city was $17,815. About 19.4% of families and 24.0% of the population were below the poverty line, including 34.8% of those under age 18 and 13.2% of those age 65 or over. The most affluent area of Texarkana is Pleasant Grove, where the median income is $49,562 for each household and the median for a family is $57,219 in 2013.
According to the city’s 2009 Comprehensive Annual Financial Report, the top employers in the city are:
According to the city’s most recent Comprehensive Annual Financial Report Fund Financial Statements, the city’s various funds had $36.0 million in revenues, $37.0 million in expenditures, $18.9 million in total assets, $3.5 million in total liabilities, and $7.2 million in investments.
Though the city was historically Democratic, Texarkana is currently represented by Republicans in both houses of the Texas State Legislature. The state senator is Bryan Hughes from District 1. State Representative Gary VanDeaver represents Texas House District 1.
The Texas Department of Criminal Justice operates the Texarkana District Parole Office in Texarkana.
The Texas Sixth Court of Appeals is located downtown in the Bi-State Justice Building.
At the federal level, the two U.S. senators from Texas are Republicans John Cornyn and Ted Cruz; Texarkana is part of Texas’s 4th congressional district, which is currently represented by Republican Pat Fallon.
The Federal Courthouse (which also holds the downtown post office) is located directly on the Arkansas-Texas state line and is the only federal office building to straddle a state line. During his campaign for the presidency, John F. Kennedy spoke on the steps of the courthouse September 13, 1960, and so did President Jimmy Carter, on October 22, 1980.
The Federal Correctional Institution, Texarkana, is a Federal Bureau of Prisons facility in unincorporated Bowie County just outside the southwest border of the city.
Schools in Texarkana, Texas, are under the jurisdiction of the Texarkana Independent School District, the Liberty-Eylau Independent School District, Pleasant Grove Independent School District, and Red Lick Independent School District.
Texarkana is home to Texas A&M University–Texarkana, a four-year branch of the Texas A&M University System, and to Texarkana College, a community college.
Texarkana Regional Airport is located in Texarkana, Arkansas, and serves general aviation and American Eagle service to Dallas/Fort Worth International Airport.
Texarkana Union Station is located in downtown Texarkana along the state line, with Amtrak’s Texas Eagle providing daily service east to Chicago and west to San Antonio, continuing on to Los Angeles three days a week with intermediate points.
The Texarkana Urban Transit District provides bus transportation to major areas of town along nine different routes. Service runs from 5:30 am to 6:20 pm Monday–Saturday.
Interstate 30 passes through Texarkana on the north. Loop 151 on the west of the city forms part of the Texarkana Loop, a three-quarter loop around the west, south, and east of the twin cities with I-30 completing the loop on the north. Interstate 369 shares the western portion of Loop 151. Interstate 49 is a newly constructed interstate corridor on the Arkansas side of the city which connects Texarkana to Shreveport, Louisiana.
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.
