Owner Operator Insurance Cost Fort Pierce, Florida
JDW Truckers Insurance can answer your questions regarding Owner Operator Insurance Cost Fort Pierce, 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 Fort Pierce, Florida with high AM Best Rating so when JDW Truckers Insurance helps you get your owner operators truck insurance in Fort Pierce, 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.
Fort Pierce is a city in and the county seat of St. Lucie County, Florida, United States. The city is part of the Treasure Coast region of Atlantic Coast Florida. It is also known as the Sunrise City,. Per the 2020 census, the population was 47,297.
It was named after the Fort Pierce Army post which was built nearby in 1838 during the Second Seminole War. The military post had been named for Benjamin Kendrick Pierce, a career United States Army officer and the brother of President Franklin Pierce. It was the largest city on Florida’s Atlantic Coast between Daytona Beach and West Palm Beach until 1970 when it was surpassed by Melbourne.
According to the U. S. Census Bureau, the city has a total area of 20.8 mi (53.8 km), of which 14.7 square miles (38.2 km) is land and 6.0 square miles (15.6 km) of it (35.00%) is water.
According to the U.S. Army Corps of Engineers, The Fort Pierce Beach Shore Protection project includes 1.3 miles of shore line running from immediately south of the Fort Pierce Inlet southward to Surfside Park. The project is on a two-year renourishment cycle due to impacts to the beach from the federal navigation project at Fort Pierce Inlet. This two-year renourishment cycle is a much shorter renourishment interval than what is typical for other projects along the east coast of Florida.
The initial construction of the project occurred in 1971 and the ninth nourishment was completed in May 2013. Completion of plans and specifications, advertisement and award for the 10th renourishment contract were completed in FY 2014. The project was scheduled to start mid-February 2015. Sand for the project is dredged from an approved offshore borrow area known as the Capron Shoal and then pumped via a pipeline onto the 1.3 miles of beach south of the Fort Pierce Inlet. The sponsor, St. Lucie County, is preparing a General Reevaluation Report (GRR) for the project at their own expense that will evaluate extending Federal participation for an additional 50 years. Current Federal participation expires in 2020.
The U.S. Army Corps of Engineers estimates the total cost of the project to be $75.9 million, with an estimated U.S. Federal Government share of $46.4 million. No funding for the project was requested by the U.S. President from the U.S. Congress in Fiscal Year 2016.
The Experimental Oculina Research Reserve preserves the Oculina Banks, a reef of ivory bush coral (Oculina varicosa) off the coast of Fort Pierce, Florida. In 1984, a 92 square-nautical-mile (316 km) portion of these reefs was designated the “Oculina Habitat Area of Particular Concern”. In 1994, the area was closed to all manner of bottom fishing and was redesignated as a research reserve. In 2000, the marine protected area was expanded to 300 square nautical miles (1,030 km) and prohibited all gears that caused mechanical disruption to the habitat. The city is also known for its large manatee population.
Due to the devastation caused at the Fort Pierce City Marina by hurricanes Frances and Jeanne in 2004, FEMA mandated a plan to ensure that the rebuilt facility would be protected from future such events before FEMA would release funding for the repairs. Starting in 2012, construction began to create 12 artificial barrier islands including oyster beds, lime rock artificial reefs, mangrove fringes and coastal dune. The “core” of the islands was constructed of TITANTubes, sometimes referred to as geotextile tubes or geotubes, manufactured by Flint Industries and covered by a coastal marine mattress and then armor stone. The project was completed in 2013 after six years of planning, permitting and construction and a cost of $18 million.
Fort Pierce has a humid subtropical climate, with hot, humid summers and warm, drier winters.
Note: the US Census treats Hispanic/Latino as an ethnic category. This table excludes Latinos from the racial categories and assigns them to a separate category. Hispanics/Latinos can be of any race.
As of the census of 2010, there were 41,910 people, 15,170 households, and 9,418 families residing in the city. The population density was 2,021.9 inhabitants per square mile (780.7/km). There were 17,170 housing units at an average density of 1,164.7 per square mile (449.7/km). The racial makeup of the city was 40.9% African American, 45.3% White, 0.6% Native American, 0.9% Asian, 0.1% Pacific Islander, and 2.7% from two or more races. Hispanic or Latino were 21.6% of the population.
There were 15,170 households, out of which 32.9% had children under the age of 18 living with them, 37.3% were married couples living together, 19.6% had a female householder with no husband present, and 37.9% were non-families. 32.5% of all households were made up of individuals, and 11.7% had someone living alone who was 65 years of age or older. The average household size was 2.73 and the average family size was 3.50.
In the city, the population was spread out, with 25.9% under the age of 18, 7.0% from 20 to 24, 13.3% from 25 to 34, 13.0% from 45 to 54, 9.8% from 55 to 64 and 6.8% who were 65 years of age or older. The median age was 35.2 years. For every 100 females, there were 97.4 males. For every 100 females age 18 and over, there were 94.9 males.
The median income for a household in the city was $30,869, and the median income for a family was $36,337. Males had a median income of $32,412 versus $26,349 for females. The per capita income for the city was $16,782. 30.2% of the population were below the poverty line.
According to the U.S. Army Corps of Engineers, an average of 350,000 tons of waterborne commerce moves through the Port of Fort Pierce annually. Major commodities which are dependent on the port include citrus exports, cement and aragonite imports. The last navigation improvements at Fort Pierce were authorized by the U.S. Congress in the Water Resources Development Act of 1988 dated November 17, 1988 and construction was completed in August 1996. The existing entrance channel is 400 feet wide and 30 feet deep, the interior channel is 250 feet wide and 28 feet deep, the existing turning basin is 1,100 feet square and 28 feet deep, and the north access channel is located immediately north of the main turning basin is 1,250 feet long, 250 feet wide and 28 feet deep.
In late 2014 dredging efforts were completed in the port. The dredging effort included both beach placement of beach quality sand on the beach immediately south of the Inlet as well as placement of non beach quality sand in the approved offshore disposal area.
The city of Fort Pierce has a council–manager government form of local government. The offices of commissioner and mayor are nonpartisan, and have a term of four years.
Fort Pierce is located on U.S. Route 1, near its intersection with Florida State Road 70. Interstate 95 and Florida’s Turnpike are nearby, at the west edge of town. The Intracoastal Waterway passes through the city. The nearest airport with scheduled passenger service is in Melbourne; the closest major airport is in West Palm Beach. The city itself has a general aviation airport, Treasure Coast International Airport.
Fort Pierce is served by the St. Lucie Transportation Planning Organization (TPO). The TPO is a Metropolitan Planning Organization (MPO), a federally mandated and federally funded transportation policy-making organization responsible for transportation planning, programming, and financing of State and Federal transportation funds for the City of Fort Pierce. The TPO is governed by a TPO Board, which is composed of elected officials, representatives from the St. Lucie County School Board, and representatives from Community Transit, a division of The Council on Aging of St. Lucie, Inc. The original bus system started as a demand response service bus in the 1990s; it only served St. Lucie County. Soon it expanded to a fixed route system, going to predetermined locations along a route. On June 3, 2002, the Florida Department of Transportation (FDOT) approved funding, expanding the bus service to Martin County, and it became the Treasure Coast Connector.
From 1894 to 1968 the Florida East Coast Railway served the city as a passenger railroad. Until a strike beginning in 1963, several long distance passenger trains from Chicago, Cincinnati and New York City made stops there, en route to Miami. These long distances trains included the Illinois Central Railroad’s City of Miami and the Louisville & Nashville Railroad’s South Wind both heading from Chicago; and they included the Atlantic Coast Line Railroad’s East Coast Champion, the Havana Special, and the winter-only Florida Special originating from New York. Into the latter 1950s, passengers could take the Dixie Flagler to Chicago via Atlanta from the station. The FEC continued a six day a week Jacksonville-Miami train from 1965 to 1968, per court order.
Amtrak and the Florida East Coast Railway had been planning to make stations along Florida’s East Coast. The cities cited by Amtrak and the Florida Department of Transportation included: Stuart, Fort Pierce, Vero Beach, Melbourne, Titusville, Cocoa, Daytona Beach and St. Augustine, Florida.
In 2018, Brightline, an inter-city rail route, announced that it was looking at downtown properties for a site for a new station for the train between Fort Pierce and Miami. Ultimately, the northwestern terminus would be Orlando, with service beginning 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.