Owner Operator Insurance Cost Cutler Ridge, Florida
JDW Truckers Insurance can answer your questions regarding Owner Operator Insurance Cost Cutler Ridge, 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 Cutler Ridge, Florida with high AM Best Rating so when JDW Truckers Insurance helps you get your owner operators truck insurance in Cutler Ridge, 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
- 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.
Cutler Bay is an incorporated town in Miami-Dade County, Florida, United States, established in 2005. With a population of 45,425 as of the 2020 census, Cutler Bay is the 9th most populous of the 34 municipalities that make up Miami’s urban core, and the 33rd most populous of the 163 municipalities that make up South Florida’s Miami metropolitan area.
The town was named after Dr. William Cutler of Massachusetts, who visited the area north of the town around 1880 and encouraged others to settle in what became the pioneer town of Cutler.
The Charles Deering Estate, located in nearby Palmetto Bay, contains the Cutler Fossil Site where mammoths, saber-toothed tigers and California condors are among the many fossil records. The park holds archeological evidence of Native American habitation of the land 10,000 years ago. Tequesta burial mounds are also found there. The area called Cutler Ridge had been called the “Hunting Ground” by some of the earliest Caucasian settlers in the area, circa 1825.
In the early 1900s the Florida East Coast Railway was extended south to Cutler, which was located near what is now the Charles Deering Estate. Cutler then served as the place where people settling in the undeveloped Homestead, area went to get their supplies.
In 1992, Hurricane Andrew made landfall near Cutler Ridge. The storm left the area in “almost total destruction”. The dense vegetation near the shore and the dense subdivision development of the area are thought to have been factors which mitigated the extent of areas impacted by flood damage caused by Andrew. However, nearly every building suffered major damage from the wind, and the damage in Florida was estimated at $25 billion, the most expensive natural disaster in US history to that point.
In May 2002, the Cutler Bay Steering Committee company met to discuss the formation of a municipal advisory committee, where the committee would advise on the incorporation of the Cutler Ridge area into the city of Cutler Ridge. The decision to incorporate was spurred in part by the efforts to recover from Hurricane Andrew. The proposed incorporation boundaries included Southwest 184th Street on the north and Southwest 216th and 224th streets on the south. In addition, the west boundary would include the Turnpike, U.S. 1 and Southwest 112th Avenue, and Biscayne Bay would serve as the east boundary.
In April 2005, the Charter committee members looked at over a dozen names for the city, ranging from “Pine Ridge” and “Cutler Bay” to just “Cutler”. They reduced the choices to “Cutler Ridge” and “Old Cutler Bay”. In November 2005, voters approved the charter and chose the name “Cutler Bay” for the county’s 35th municipality, over “Cutler Ridge” by a vote of 1,920 to 1,403. In the months following the name change, many of those born and raised in the area that had been known as Cutler Ridge since the 1870s refused to accept the new name.
Cutler Bay is located at , just west of Biscayne Bay and 18 miles (29 km) southwest of downtown Miami.
The town’s northern border runs from SW 184th Street (Eureka Drive) east of US 1 to the coast. The southern border is SW 232nd Street, north of Black Point Marina, the largest public marina in the Miami area. The town’s boundaries include the northeast section of Biscayne National Park, areas formerly known as Cutler Ridge to the west, and the neighborhood and former CDP of Lakes by the Bay to the east. The town is bordered to the north by the village of Palmetto Bay, to the west by unincorporated South Miami Heights, and to the southwest by unincorporated Goulds.
According to the United States Census Bureau, the town of Cutler Bay has a total area of 10.3 square miles (27 km). 9.9 square miles (26 km) of it are land and 0.4 square miles (1.0 km) of it (3.87%) are water.
Cutler Ridge, an ancient coral formation, stretches from south Miami, where it rises approximately 22 feet (6.7 m) above sea level, through the Cutler Bay area, at a height of 14 feet (4.3 m), to Homestead, Florida, where it is about 8 feet (2.4 m). Cutler Ridge has been incorporated into the hurricane emergency plans for the area as lands east of the ridge are subject to storm surge, but areas west of the ridge would generally be protected.
Due to Cutler Bay’s position in a flat, low-lying coastal wetland area on Biscayne Bay, the area is prone to flooding. During the rainy season, Cutler Bay’s many canals, channels, and lakes are frequently full of water, and the groundwater table also is full and close to the surface. Flood hazards include rainfall from tropical storms, hurricanes, and other heavy rain events.
As of the 2020 United States census, there were 45,425 people, 13,110 households, and 10,215 families residing in the town.
As of 2015, there were 13,935 households, out of which 7.8% were vacant. In 2010, the population distribution was: 6.8% under 5 years old, 25.8% under the age of 18, and 10.6% 65 years of age or older. Females were 51.7% of the population. The median income for a household was $61.370. The per capita income for the town was $25,193. About 10.5% of the population were below the poverty line.
As of 2000, speakers of English as a first language accounted for 58.89%, while Spanish made up 38.18%, and French Creole comprised 1.31% of the population. According to the latest American Community Survey of 2008–2012 conducted by the US Census Bureau, the percentage of people who spoke English as their main language was of 44.1%, while Spanish speakers were at 50.4% of the population, and other languages accounted for 5.5%.
Cutler Bay is governed by a five-member Town Council and operates under a Council-Manager form of government. Three Council Members are elected to represent specific residential areas (Seats 1, 2 & 3) and must reside in their respective area. The Mayor and the Vice Mayor may reside anywhere in the Town. Town Council elections are non-partisan. As the legislative body of the Town, the Town Council determines policy, adopts the annual budget and makes laws. The Miami-Dade Police Department operates the South District Station in Cutler Bay.
In January 2006, Cutler Bay elected former Florida state legislator John F. Cosgrove as its first mayor. Mayor Cosgrove died on April 19, 2006, while vacationing in Zimbabwe. Vice Mayor Paul Vrooman assumed the position of Mayor. In November 2010, Edward P. MacDougall was elected Mayor from Vice Mayor. Prior to incorporation Edward MacDougall chaired the municipal charter committee which set the Town’s charter. In November 2014, Peggy Bell, who was one of the original Council Members when Cutler Bay was incorporated, was elected Mayor and served as Mayor until she reached her term limits in November 2018. Elected in November 2018, the current office of Mayor is held by former Council member Tim Meerbott.
The community bought an office building, Cutler Bay Town Center, circa 2010; in 2020 the building was about 33% occupied. The city government planned to make money by leasing space in the building, but buyers did not materialize. In 2020, with the support of many residents, the Town traded the building for 16 acres (6.5 ha) of land, with the vision to transform it into a park and municipal complex.
Miami-Dade County Public Schools operates public schools.
Elementary schools in the town limits include:
Cutler Bay Middle School and Cutler Bay Senior High School are in Cutler Bay. Prior to 2012 Cutler Bay had two middle schools (Centennial and Cutler Ridge), and Miami Southridge High School was the zoned school. Centennial was converted into a high school and Cutler Ridge became the sole middle school of Cutler Bay.
The charter school Mater Academy Cutler Bay is in Cutler Bay.
The Roman Catholic Archdiocese of Miami operates Catholic schools. Our Lady of the Holy Rosary-St. Richard School, a K–8 school, is in Cutler Bay.
The Miami Herald provides news coverage for the town under the Cutler Bay heading of its “Miami-Dade Communities” section.
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.