Owner Operator Insurance Cost Carrollton, Texas
JDW Truckers Insurance can answer your questions regarding Owner Operator Insurance Cost Carrollton, 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 Carrollton, Texas with high AM Best Rating so when JDW Truckers Insurance helps you get your owner operators truck insurance in Carrollton, 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
- Berkley Prime
- Falls Lake
- Great Lakes
- Allied World
- Ace Hazmat
- ACE Fleet
- United Specialty
- Hudson Fleet
- Tokio Marine
- National General
- Great American
- ACE / Westchester
- National Casualty / Nationwide
- Scottsdale Brokerage
- Crum Forster
- James River
- IFG – Burlington
- Carolina Casualty
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.
- 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.
- 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.
- 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.
Carrollton is a city in Dallas, Denton, and Collin counties in the U.S. state of Texas. As of the 2020 census, its population was 133,434, making it the 23rd-most populous city in Texas.
The area was first settled by Jared Ford in 1842 by William and Mary Larner on a site within the Peters Colony grant. In 1844, the A. W. Perry family claimed land in the area around Trinity Mills where, in partnership with Wade H. Witt, a mill was established.
The English colony, a group of families in the northeastern area of settlement which crossed into Denton County, was home to large landowners including the Furneaux, Jackson, Morgan, and Rowe families. It is most likely that Carrollton was named for Carrollton, Illinois, the original home of many of these settlers.
Early on, Carrollton’s livelihood was exclusively agricultural, but following the construction of the Dallas-Wichita Railroad through Trinity Mills in 1878, the community began to grow in its industrial significance. Carrollton’s significance was further strengthened when the railroad was extended to Denton in 1880 by Jay Gould, who sold the line to the Missouri–Kansas–Texas Railroad (the Katy) in 1881. By 1885, Carrollton had flour mills, cotton gins, two churches, a school, and a population of 150. The St. Louis Southwestern Railway (the “Cotton Belt”) crossed the Katy in 1888, and the town became a shipping center for livestock, cotton, cotton seed, and grain, helping the town surpass Trinity Mills to the north.
In 1913, Carrollton was officially incorporated, and W.F. Vinson was elected mayor. A gravel industry that began in Carrollton in 1912 transformed the city, by the late 1940s, to a “grain and gravel” town. The city also supported a brick plant and a dairy industry, and National Metal Products established itself in the city in 1946.
After World War II, the city grew rapidly. In 1950, its population stood at 1,610, and it grew to 4,242 in 1960 and 13,855 in 1970. At this point, significant suburban growth began spilling out of north Dallas, and the city grew tremendously between 1970 and 1980, with a documented growth of 193% to 40,595 inhabitants. By 1983, the population was 52,000, by 1990, it had reached 82,169, and by 2010 the population had grown to 119,097.
As a suburb of Dallas, in 2006, Carrollton was included Relocate America’s “Top 100 Places to Live” list. Also in 2006, it was selected as the 19th best place to live in the United States by Money magazine. In 2008, it was named by Money magazine the 15th best place to live among small cities.
According to the United States Census Bureau, Carrollton has a total area of 37.1 square miles (96.1 km), of which 36.3 square miles (94.0 km) is land and 0.81 square miles (2.1 km), or 2.19%, is water. Carrollton is located in portions of three counties: Dallas, Denton, and Collin.
On average, the warmest month is July. The highest recorded temperature was 112 °F in 1980. The average coolest month is January. The lowest recorded temperature was 1 °F in 1989. The most precipitation on average occurs in May. Carrollton is considered to have a humid subtropical climate.
In 1920, Carrollton had a population of 573; since then, its population has experienced positive growth as a suburb of the city of Dallas. In 2010, its population was 119,097, becoming the 23rd-most populous city in Texas. Retaining its position as the 23rd-most populous Texas city at the publication of the 2020 census and 2020 American Community Survey, 133,434 people, 49,675 households, and 34,141 families resided in the city.
With a 2010 population density of 3,209.8 people per square mile (1,239.3/km), the city had a median age of 37.8 in 2020 and for every 100 females there were 94.6 males. Among its population in 2020, 5.2% were under 5 years of age, 21.2% under 18 years of age, and 78.8% aged 18 and older; approximately 11.6% of the population were aged 65 and older per the American Community Survey’s 5-year estimates.
At the 2010 census, the median income for a household in the city was $70,960 and the median income for a family was $68,672. The per capita income for the city was $26,746. About 4.1% of families and 5.6% of the population were below the poverty line, including 7.4% of those under age 18 and 6.3% of those age 65 or over. By 2020, the median household income increased to $82,345; families had a median income of $95,235; married-couple families $105,361; and non-family households $58,811. An estimated 6.5% of the population lived at or below the poverty line from 2015 to 2020, and 77% of the population are employed by private companies.
Like much of the continually diversifying United States, Carrollton was once a predominantly non-Hispanic white community. With continued immigration and birth rates among traditional minorities, Carrollton’s population became more racially, ethnically, and culturally diverse; according to the 2010 census, the racial makeup of the city was 63.6% White, 8.4% Black or African American, 0.6% American Indian and Alaska Native, 13.4% Asian, 0.03% Native Hawaiian or other Pacific Islander, 10.8% some other race, and 3.1% from two or more races. Hispanic or Latino Americans of any race were 30.0% of the population. Since the 2020 census, non-Hispanic whites have made up 37.42% of the population, with Hispanic or Latino Americans increasing to 31.68% of the population. Black or African Americans were 9.84% of the population, and Asian Americans grew to 16.76% of the population. Pacific Islanders and people of other races made up a constituent minority of 0.07% and 0.4% each, and multiracial Americans increased to 3.53% of the population.
As a suburb of Dallas, the city of Carrollton has sustained its own economic identity with the growing metropolitan area within North Texas. Most notably, Carrollton has become the headquarters for FASTSIGNS International, Inc., Halliburton’s Easywell in Carrollton, Heelys, Inc., Motel 6 (G6 Hospitality), SECURUS Technologies, and Woot Inc. (Subsidiary of Amazon).
Carrollton is home to the largest Korean community in Texas and the southern United States. Koreatown Carrollton, located at the intersection of Old Denton Road and President George Bush Turnpike, is home to a large number of Asian restaurants and businesses further stimulating the local and regional economies.
According to the city’s 2018 Comprehensive Annual Financial Report, the city’s various funds had $150,984,518 in revenue, $151,204,878 in expenditures, $529,903,760 in total assets, $265,901,182 in total liabilities, and $177,408,987 in cash and investments.
Carrollton 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.
Carrollton has a city council that consists of seven members and a mayor. The current mayor is Steve Babick. The city council is responsible for establishing city policies, considering city resolutions and ordinances, appointing citizens to various city boards and commissions, adopting the city’s Comprehensive Plan and annual budget, and approving or rejecting zoning changes; it meets on the first and third Tuesday of every month.
Most of Carrollton is a part of the Carrollton-Farmers Branch Independent School District which is within Dallas and Denton counties. Dallas Independent School District also serves a small portion of Carrollton in the southeast and Coppell Independent School District covers a portion to the southwest, both in Dallas County. The Lewisville Independent School District covers the northern sections of the city.
The portion of Carrollton in Collin County is within the Plano Independent School District.
CFBISD operates three high schools in Carrollton: Newman Smith High School, R.L. Turner High School, and Creekview High School. Lewisville ISD operates Hebron High School.
The DISD portion is served partially by Jerry R. Junkins Elementary School in Carrollton, Ewell D. Walker Middle School in Dallas, and W. T. White High School in Dallas. Private schools in the area include The Saint Anthony School, Carrollton Christian Academy. At one time Coram Deo Academy had a campus in Carrollton.
There are three major charter schools in Carrollton. Carrollton Classical Academy, grades K–9, which holds classes at the recently purchased First Baptist Carrollton Josey Campus, Harmony School of Innovation, grades K–8, and Trivium Academy, grades K–8, which holds classes on the campus of First Methodist Carrollton. The 13,000-capacity Tommy Standridge Stadium is located in Carrollton; it is mostly used for high school football and soccer.
Areas in Dallas County and in CFBISD (which is partially in Denton County) are in the zone for Dallas College (formerly Dallas County Community College or DCCCD). Areas in Collin County are in the zone for Collin College. Areas in most of Denton County (including the Lewisville School District) are in the North Central Texas College district.
Carrollton Public Library has two locations: Hebron & Josey and Josey Ranch Lake.
The Japanese School of Dallas, a supplementary Japanese school, conducts its classes at Ted Polk Middle School in Carrollton. The school has its main offices in Farmers Branch.
Carrollton is connected to the Metroplex’s highway network by Interstate 35E and the President George Bush Turnpike, as well as the Sam Rayburn Tollway at the far north end of the city.
Dallas/Fort Worth International Airport is five miles southwest of Carrollton, and Dallas Love Field is eight miles south.
The Green Line of Dallas Area Rapid Transit’s DART Rail system terminates at North Carrollton/Frankford Station and has additional stops within the city limits at Trinity Mills and Downtown Carrollton. Trinity Mills is also the southern terminus of Denton County’s A-train, which provides service to Lewisville and Denton. Downtown Carrollton is a planned stop on DART’s Silver Line, which is under construction and expected to open in 2023.
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.
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?
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.