Owner Operator Insurance Cost Farmers Branch, Texas
JDW Truckers Insurance can answer your questions regarding Owner Operator Insurance Cost Farmers Branch, 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 Farmers Branch, Texas with high AM Best Rating so when JDW Truckers Insurance helps you get your owner operators truck insurance in Farmers Branch, 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.
Farmers Branch, officially the City of Farmers Branch, is a city in Dallas County, Texas, United States. It is an inner-ring suburb of Dallas and is part of the Dallas–Fort Worth metroplex. Its population was 35,991 at the 2020 census.
Known as a “City in a Park” for its 28 parks in only 12 square miles, Farmers Branch is a small community in close proximity to Dallas, and has a business community that accounts for 80% of the city’s tax base, allowing residents to have one of the lower city tax rates in Dallas County, while having dedicated city services and public safety.
The community was first settled in the early 1850s. In 1842, Thomas Keenan, Isaac B. Webb, and William Cochran received original land grants in the area. By 1843, a community called Mustang Branch had been established. Mr. Cochran later changed the name to Farmers Branch to reflect the area’s rich soil and farmland. Farmers Branch was the first location of the Texan Land and Emigration Company (or Peters Colony) in 1845. This made the community one of the best-known places in Dallas County during the 1840s because of its advertising throughout Europe and the United States. Baptist minister William Bowles opened a blacksmith shop and gristmill in 1845. On May 5, 1845, Isaac B. Webb donated land for Webb’s Chapel Methodist Church, the first formal place of worship in Dallas County. A school was established in the church one year later. Webb became the first postmaster at the Farmers Branch post office, which opened on January 5, 1848. It continued to function until its closure in 1866. The post office reopened in 1875. To assure that railroads would eventually pass through Farmers Branch, prominent early settler Samuel Gilbert and others sold right-of-way through their land in 1874. Around three to four years later, the Dallas and Wichita Railway completed a track from Dallas—through Farmers Branch—to Lewisville. It was absorbed by the Missouri–Kansas–Texas Railroad in 1881. The community had a population around 100 by 1890, with several businesses. The population had grown to 300 during the early 1900s. A brick school building was constructed in 1916. The number of people living in the community remained stable until after World War II.
Farmers Branch was incorporated as a city after an election was held on February 23, 1946. William F. (Bill) Dodson was elected as the city’s first mayor. The implementation of city services began immediately after incorporation. In the 1950 census, Farmers Branch had a population of 915. In 1956, a home-rule charter was approved that adopted a council-manager form of government. The rapid growth of the city during the 1950s was made apparent in the 1960 census, which recorded a total of 13,441 residents, a 1,369% increase over the 1950 figure. Most of the new residents commuted to nearby Dallas for employment. The population topped 27,000 by 1970. A variety of manufacturers producing items such as steel products, concrete, asphalt, cosmetics, and food products was operating in the city. The number of residents declined to 24,863 in 1980 and 24,250 in 1990. The falling population was offset, however, by the wide variety of businesses located in the city. Farmers Branch is home to a large number of corporations that have attained frontage along Interstate 635, the Dallas North Tollway, and Interstate 35E. Its Dallas North Tollway segment is part of the Platinum Corridor, and its land along Interstate 635 is an extension of the lengthy Irving Prairie office park. By 2000, the city’s population had grown to 27,508. In 2017, the community elected the city’s first millennial mayor, and by 2020 the city’s population had grown to 35,991.
According to the United States Census Bureau, the city has a total area of 11.79 sq mi (30.54 km) with only 0.08% (0.09 sq mi – 0.24 km2) covered by water.
As of the 2020 United States census, there were 35,991 people, 16,015 households, and 10,119 families residing in the city.
According to the city’s 2018 Comprehensive Annual Financial Report the top employers in the city are:
As of 2012, Farmers Branch had 3,500 companies. Celanese Corporation, Eyemart Express, I2 Technologies, OxyChem, and Varsity Brands have their headquarters in Farmers Branch. Maxim Integrated Products has an office in Farmers Branch. All Smiles Dental Centers formerly had its headquarters in Farmers Branch.
Excellence Health Inc. has an office in Farmers Branch that covers the Dallas life sciences cluster.
North Central Texas Council of Governments 2018 estimated total employment for the City of Farmers Branch is 78,393. The report is adjusted by the City of Farmers Branch finance department for businesses closed or moved prior to the reporting year.
According to the city’s most recent Comprehensive Annual Financial Report Fund Financial Statements, the city’s various funds had $50.0 million in revenues, $64.5 million in expenditures, $33.8 million in total assets, $6.5 million in total liabilities, and $38.2 million in investments.
The structure of the management and co-ordination of city services is:
The city has its own police department.
Farmers Branch is a voluntary member of the North Central Texas Council of Governments association, the purpose of which is to co-ordinate individual and collective local governments and facilitate regional solutions, eliminate unnecessary duplication, and enable joint decisions.
Residential areas in Farmers Branch are within two school districts.
Most of Farmers Branch is a part of the Carrollton-Farmers Branch Independent School District. Dave Blair Elementary School, Farmers Branch Elementary School, Janie Stark Elementary School, and Nancy H. Strickland Intermediate School (3–5) are in Farmers Branch. Sections zoned to Strickland for grades 3–5 are zoned to Neil Ray McLaughlin Elementary School (K–2) in Carrollton Vivian C. Field Middle School is in Farmers Branch and serves almost all of the CFBISD portion. R. L. Turner High School in Carrollton also serves almost all of CFBISD Farmers Branch. Residential areas south of Interstate 635 and west of Interstate 35E are zoned to La Villita Elementary School, Barbara Bush Middle School and Ranchview High School in Irving. CFBISD’s Early College High School, an alternative high school, is on the property of Brookhaven College.
Dallas Independent School District also serves a small portion of Farmers Branch. One DISD elementary school, Chapel Hill Preparatory School, known as William L. Cabell Elementary School until its 2018 renaming, is in Farmers Branch. Its current name is a reference to the Chapel Hill community; it was renamed since the former namesake, Mayor of Dallas William Lewis Cabell, served in the Confederate States of America. Other residential portions of DISD Farmers Branch are served by Gooch Elementary. Residential areas in DISD are zoned to Marsh Middle School and W.T. White High School.
Mayor Tim O’Hare proposed making a new municipal Farmers Branch school district with the portions currently in CFBISD and DISD. In 2011, about 66% of voters decided against the referendum. At the time, the city did not have the 8,000 children required under Texas law as a requirement for forming a new district, so KTVT (CBS Dallas) stated, “Even if the proposal had passed, there would have been little, if anything, the city could have done to move forward”.
Honors Academy, a charter school operator, has its administrative offices in Farmers Branch. The city hosted Branch Park Academy, a 6–8 charter school operated by Honors Academy.
Branch Park Academy was closed after the 2014–2015 school year, and the building has been leveled.
Mary Immaculate Catholic School, a part of the Roman Catholic Diocese of Dallas, is in Farmers Branch. In addition, German International School of Dallas, established in 2009 and serving preschool and elementary school, is in the city limits.
The Texas Legislature defines all of Dallas County (Farmers Branch included) as in the service area of Dallas College, as well as all of CFBISD. Brookhaven College of Dallas College is in the Farmers Branch city limits.
Additionally Farmers Branch is home to Dallas Christian College, a four-year Bible college.
The Japanese School of Dallas, a supplementary Japanese school, previously had its main office in Farmers Branch. The school conducts its classes at Ted Polk Middle School in Carrollton. On Monday July 25, 2016 the Japanese Association and the Japanese School offices moved to a new location in Dallas. The classroom location remained the same.
Farmers Branch was one of fifteen cities to approve services of Dallas Area Rapid Transit in 1983 by levying a 1 cent sales tax. The city currently receives DART bus service, with service to downtown Dallas (by both regular route and express bus), the adjacent suburb of Carrollton, and crosstown routes as well. On December 6, 2010, the city received light rail transit service with a station near the northeast corner of Interstates 635 and 35E on the Green Line, which runs from Pleasant Grove in southeast Dallas through downtown Dallas following I-35E up to Carrollton at Frankford Road.
The city is between Interstate 35E to the west, the Dallas North Tollway on the east, and Interstate 635 to the south.
Farmers Branch maintains a sister city relationship with Bassetlaw, United Kingdom, and Garbsen, Germany.
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.
