Owner Operator Insurance Cost Hammond, Indiana
JDW Truckers Insurance can answer your questions regarding Owner Operator Insurance Cost Hammond, Indiana. 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 Hammond, Indiana with high AM Best Rating so when JDW Truckers Insurance helps you get your owner operators truck insurance in Hammond, Indiana 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.
Hammond ( HAM-ənd) is a city in Lake County, Indiana, United States. It is part of the Chicago metropolitan area, and the only city in Indiana to border Chicago. First settled in the mid-19th century, it is one of the oldest cities of northern Lake County. As of the 2020 United States census, it is also the largest in population. The 2020 population was 77,879, replacing Gary as the most populous city in Lake County. From north to south, Hammond runs from Lake Michigan down to the Little Calumet River; from east to west along its southern border, it runs from the Illinois state line to Cline Avenue. The city is traversed by numerous railroads and expressways, including the South Shore Line, Borman Expressway, and Indiana Toll Road. Notable local landmarks include the parkland around Wolf Lake and the Horseshoe Hammond riverboat casino. Part of the Rust Belt, Hammond has been industrial almost from its inception, but is also home to a Purdue University campus and numerous historic districts that showcase the residential and commercial architecture of the early 20th century.
The first permanent residents arrived around 1847 to settle on land between the Grand and Little Calumet Rivers, on the south end of Lake Michigan. Those first residents were German farmers newly arrived from Europe looking for land and opportunity. Before that time, the area was a crossroad for Indian tribes, explorers, stagecoach lines and supply lines to the West. Convenient location and abundant fresh water from Lake Michigan led to the beginning of Hammond’s industrialization in 1869 with the George H. Hammond Company meat-packing plant following merchants and farmers to the area. Hammond was incorporated on April 21, 1884, and was named after the Detroit butcher.
Hammond is one of the oldest cities in Lake County, with Crown Point being the oldest, established in 1834.
According to the Encyclopedia of Chicago, George Henry Hammond, a pioneer in the use of refrigerated railcars for the transport of fresh meat, first used this method with his small packing company in Detroit, Michigan. In 1868, Hammond received a patent for a refrigerator car design. In the early 1870s, he built a new plant in northern Indiana along the tracks of the Michigan Central Railroad. By 1873, the George H. Hammond Co. was selling $1 million worth of meat a year; by 1875, sales were nearly $2 million. The company’s large packing house in Hammond rivaled those located at the Union Stock Yard in Chicago. By the middle of the 1880s, when it built a new plant in Omaha, Nebraska, Hammond was slaughtering over 100,000 cattle a year and owned a fleet of 800 refrigerator cars. After Hammond died in 1886, the company became less important and no longer challenged the giant Chicago packers, who acquired Hammond at the turn of the century and merged it into their National Packing Co.
The Hammond Whiting & East Chicago Electric Railway Company trolley service ran from 1893 to 1940.
On June 22, 1918, the Hammond circus train wreck occurred about 5.5 miles (8.9 km) east of the city, killing 86 and injuring 127 persons.
The downtown Hammond shopping district along State Street and Hohman Avenue included major chains such as Sears and J. C. Penney. The largest stores in downtown were the Goldblatt’s and E.C. Minas department stores. The E.C. Minas store was constructed in 1894 and was in business until August 1984. The building which housed the Goldblatt’s store had been purchased by the Chicago-based retailer in 1931 and operated until 1982 when it closed due to bankruptcy.
The Pullman Standard Car Company built M4 Sherman tanks in Hammond during World War II.
Architect Victor Gruen designed the Woodmar Mall in the Woodmar neighborhood. The mall opened in 1954 and was anchored by a Carson Pirie Scott and Co. store.
According to the 1960 United States Census Hammond’s population reached a record high of 111,698 residents. Hammond, like other industrial cities in the Rust Belt, went into decline during the 1970s and 1980s, with the city’s population plunging to 94,000 in 1980, and 83,000 in 2000. However, Hammond’s economy was more diversified than neighboring Gary, Indiana, East Chicago, Indiana, and the south side of Chicago, which all relied on heavy industry (primarily steel production). Hammond’s economy, on the other hand, depended on light manufacturing, transportation & warehousing, retail, banking & insurance, healthcare, hospitality & food service, and construction. In 1981, a toxic flood in Gary led Hammond to erect a barrier on 165th Street, one of several roads connecting the two cities, which led to lasting tensions with Gary.
Prominent manufacturing companies in Hammond include Unilever’s soap factory, Atlas Tube, Cargill food processing, Munster Steel, Lear Seating Corporation, Jupiter Aluminum, Tri-State Automation, and Dover Chemical. Warehousing and storage is also prominent, with ExxonMobil and Marathon Petroleum having large oil storage facilities, and FedEx has a distribution center. Large railroad marshalling yards are also present in the city, with the Indiana Harbor Belt Railroad’s headquarters in the city. The State Line Generating Plant operated on the Indiana-Illinois state line from 1929 to 2012, and was demolished in 2014.
The Empress Casino opened in Hammond in June 1996 and was replaced with the Horseshoe Hammond casino in 2001.
In February 2006, the decision was made to demolish Woodmar Mall except for the Carson’s store. The Hammond Redevelopment Commission announced plans in June 2016 for a $12 million sports complex to be built on the site of the former mall. The Carson’s store closed in 2018, and was demolished in 2019, as part of its parent company’s liquidation.
The city sits within the boundaries of the former Lake Chicago, and much of its land area consists of former dune and swale terrain that was subsequently leveled. Most of the city is on sandy soil with a layer of black topsoil that varies from non-existent to several feet (a meter or more) thick. Much of the exposed sand was removed for purposes such as industrial use to make concrete and glass.
According to the 2010 census, Hammond has a total area of 24.886 square miles (64.45 km), of which 22.78 square miles (59.00 km) (or 91.54%) is land and 2.106 square miles (5.45 km) (or 8.46%) is water.
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 2010 United States Census, there were 80,830 people, 29,949 households, and 19,222 families residing in the city. The population density was 3,548.3 inhabitants per square mile (1,370.0/km). There were 32,945 housing units at an average density of 1,446.2 per square mile (558.4/km). The racial makeup of the city was 59.4% White, 22.5% African American, 0.5% Native American, 1.0% Asian, 13.3% from other races, and 3.3% from two or more races. Hispanic or Latino of any race were 34.1% of the population.
There were 29,949 households, of which 36.2% had children under the age of 18 living with them, 37.0% were married couples living together, 19.7% had a female householder with no husband present, 7.5% had a male householder with no wife present, and 35.8% were non-families. 30.3% of all households were made up of individuals, and 9.7% had someone living alone who was 65 years of age or older. The average household size was 2.67 and the average family size was 3.36.
The median age in the city was 33.3 years. 27.6% of residents were under the age of 18; 10.1% were between the ages of 18 and 24; 27.3% were from 25 to 44; 24.2% were from 45 to 64; and 10.7% were 65 years of age or older. The gender makeup of the city was 49.0% male and 51.0% female.
As of the 2000 United States Census, there were 83,048 people, 32,026 households and 20,880 families residing in the city. The population density was 3,630.0 inhabitants per square mile (1,401.6/km). There were 34,139 housing units at an average density of 1,492.2 per square mile (576.1/km). The racial makeup of the city was 72.35% White, 14.57% African American, 0.41% Native American, 0.46% Asian, 0.08% Pacific Islander, 9.32% from other races, and 2.81% from two or more races. Hispanic or Latino of any race were 21.04% of the population.
There were 32,026 households, out of which 31.8% had children under the age of 18 living with them, 42.9% were married couples living together, 16.9% had a female householder with no husband present, and 34.8% were non-families. 29.7% of all households were made up of individuals, and 10.9% had someone living alone who was 65 years of age or older. The average household size was 2.58 and the average family size was 3.23.
In the city, the population was spread out, with 27.3% under the age of 18, 9.8% from 18 to 24, 30.1% from 25 to 44, 19.8% from 45 to 64, and 13.0% who were 65 years of age or older. The median age was 34 years. For every 100 females, there were 95.3 males. For every 100 females age 18 and over, there were 92.2 males.
The median income for a household in the city was $35,528, and the median income for a family was $42,221. Males had a median income of $35,778 versus $25,180 for females. The per capita income for the city was $16,254. About 12.0% of families and 14.3% of the population were below the poverty line, including 19.7% of those under age 18 and 9.3% of those age 65 or over.
According to the city, those businesses employing 200 or more employees in Hammond are:
The following single properties and national historic districts are listed on the National Register of Historic Places:
Hammond Public Library, located at 564 State Street, includes the Suzanne G. Long Local History Room. The system used to operate the E.B. Hayward Branch at 1212 172nd Street and the Howard Branch at 7047 Grand Avenue. Both branches have since been closed. The Hammond Public Library was the first library in the state to form a recognized union, a local of AFSCME. Patricia E. Robinson was the first president of the library union.
Hammond was defeated by the team from Taipei, Taiwan in the 1972 Little League World Series.
The Hammond Pros was one of the earliest professional football teams in the United States. When the American Professional Football League was formed in 1920, the Hammond Pros was a charter member, as it also was when the league changed its name to National Football League in 1922. However, four years later, when the NFL decided to reduce the number of teams, it did so by simply folding smaller franchises. The Hammond Pros never played a home game in Hammond.
During the four years of the Hammond Pros’ existence, the NFL had nine African-American players, six of whom played for the Pros. The NFL’s first African-American head coach was Hall-of-Famer coach Fritz Pollard of the Pros.
Hammond is incorporated as a city under Indiana law. It therefore has a mayor and a nine-member city council. Hammond’s City Hall is located at 5925 Calumet Avenue. The Hammond City Council has meetings scheduled for the second and fourth Mondays of each month.
The city maintains a city court on the second floor of the City Hall, exercising a limited jurisdiction within Lake County. The court handles not only local ordinance violations and certain minor criminal matters, but also a significant portion of the debt collection and eviction actions brought in Lake County.
Hammond is served by the School City of Hammond, a school corporation under Indiana state law that is independent of the civil city.
In June 2021, the School City of Hammond permanently closed two junior/senior High Schools: Donald E. Gavit and George Rogers Clark, first opened in the 1930s and 1960s respectively.
Catholic schools are under the Roman Catholic Diocese of Gary.
St. Catherine of Siena, a Catholic elementary school, opened prior to 1959. Prior to 2009 its enrollment had declined, with 130 students that year, and its financial state had deteriorated. The school closed in 2009.
Most of Hammond’s streets are laid out in a grid pattern similar to Chicago’s streets. While Madison Street in Chicago acts as the reference point for north–south street numbering the first “1” is removed; this makes what would be a five digit address number in Illinois into a four digit address number in Hammond. The state line is used as the reference point for east–west street numbering.
Other cities and towns in Northwest Indiana that use the Hammond numbering system are Whiting, Munster and Highland. Dyer also uses the Hammond numbering system but the first number removed from the north–south streets is a “2,” as by that point the Illinois numbers across the state line start with the number 2 (Munster’s street numbers start with a “1” north of the Dyer line, making them 5 digits); and East Chicago uses the canal located in the middle of the city as the east–west reference point, while embodying Hammond’s numbering system for the north–south streets.
The South Shore Line, a Chicago to South Bend, Indiana commuter rail line, has a station on Hohman Avenue. It is operated by the Northern Indiana Commuter Transportation District.
Amtrak, the national passenger rail system, provides twice-daily service in both directions, operating its Wolverine through the Hammond–Whiting station between Chicago and Pontiac, Michigan, just north of Detroit.
The nearest commercial airport is Chicago Midway International Airport about 25 miles away in Chicago.
Bus transit was provided by the Northwest Indiana Regional Bus Authority, which assumed responsibility from the city’s Hammond Transit System in 2010, establishing EasyGo Lake Transit system in its place. All EasyGo buses were discontinued on June 30, 2012 due to a lack of funding. In addition, Pace routes 350 and 364 and GPTC Tri-City Connection Route 12 from Gary, Indiana stop at Hammond’s Dan Rabin Transit Plaza.
The only hospital in Hammond is Franciscan St. Margaret Health on Stateline Road, across the street from Calumet City, Illinois. It is an accredited chest pain center serving Northwest Indiana and the south suburbs of Chicago. The hospital was founded in late 1898 and was originally called St. Margaret Hospital, later merging with Our Lady Of Mercy Hospital in Dyer, Indiana, in the 1990s and was part of the former Sisters of St. Francis Health Services.
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.
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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.