Owner Operator Insurance Cost Hickory, North Carolina
JDW Truckers Insurance can answer your questions regarding Owner Operator Insurance Cost Hickory, North Carolina. 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 Hickory, North Carolina with high AM Best Rating so when JDW Truckers Insurance helps you get your owner operators truck insurance in Hickory, North Carolina 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.
Hickory is a city in North Carolina primarily located in Catawba County. It is the 24th most populous city in North Carolina, with its formal boundaries extending into Burke and Caldwell counties. It is located approximately 60 miles (97 km) northwest of Charlotte. Hickory’s population in the 2020 census was 43,490. Hickory is the main city of the Hickory–Lenoir–Morganton Metropolitan Statistical Area, which had a population of 365,276 in the 2020 census.
In 2014, Reader’s Digest named the Hickory metro area as the 10th best place to live and raise a family in the United States. Forbes named the Hickory-Lenoir-Morganton MSA the third best MSA in the country for business cost. The Hickory MSA was also identified by Smart Growth America in 2014 as being the country’s most sprawling metro area.
Hickory owes its name to the Hickory Tavern, a log structure built in the 1850s underneath a hickory tree.
Henry Link bought the first lot in the area for $45 in 1858. The house he built became The 1859 Cafe, a restaurant which closed in 2011.
The first train operated near Hickory Tavern in 1859. Nine years later in 1868, Dr. Jeremiah Ingold, pastor of Corinth Reformed Church (then German Reformed Grace Church), established the Free Academy, the first school in the area. Two years later, in 1870 Hickory Tavern was established as a town. Three years later, its name was officially changed to Hickory. In 1889, it became the City of Hickory.
Hickory experienced rapid growth in the 1880s. Befitting a growing community, electric lights were installed 1888. A year later, the Elliott Opera House opened. Decorated in French renaissance style with mythology motifs, the opera house auditorium sat 750 and the parquet balcony fit another 350. The opera house hosted touring out of town shows, the “Hickory Amateurs,” the city’s first acting troupe, and The Hickory Symphony Band. Tragically, a fire destroyed the entire building in 1902, and it was never rebuilt. A municipal auditorium was constructed across the street in 1921, now housing the Hickory Community Theatre.
In 1891, four Lutheran pastors founded Highland Academy, now Lenoir–Rhyne University, with then Highland Academy) with 12 students.
Hickory built a sewage system in 1904, and adopted the council-manager form of government in 1913.
Hickory is home to one of the oldest furniture manufacturers in the United States that is still located and operated on the original site. Hickory White, formerly known as Hickory Manufacturing Company, was built in 1902 and has been in continuous operation ever since. During World War II, the factory made ammunition boxes for the U.S. military instead of furniture.
Hickory was known in the years after World War II for the “Miracle of Hickory”. In 1944 the area around Hickory (the Catawba Valley) became the center of one of the worst outbreaks of polio ever recorded. Residents who were then children recall summers of not being allowed to play outside or visit friends for fear of contracting the disease. Since local facilities were inadequate to treat the victims, the citizens of Hickory and the March of Dimes decided to build a hospital to care for the children of the region. From the time the decision was made until equipment, doctors, and patients were in a new facility, took less than 54 hours. Several more buildings were quickly added. A Red Cross official on the scene praised the project “as the most outstanding example of cooperative effort he has ever seen.”
The city also came to national attention when the remains of Zahra Baker were found leading to a police investigation where Zahra’s stepmother, Elise Baker, was found guilty of second-degree murder. The Zahra Baker All Children’s playground, located in Kiwanis Park, is named in her honor.
The Claremont High School Historic District, Elliott–Carnegie Library, First Presbyterian Church, Dr. Glenn R. Frye House, Clement Geitner House, Lee & Helen George House, Harris Arcade, Hickory Municipal Building, Hickory Southwest Downtown Historic District, Highland School, Hollar Hosiery Mills-Knit Sox Knitting Mills, Houck’s Chapel, Kenworth Historic District, John A. Lentz House, Lyerly Full Fashioned Mill, John Alfred Moretz House, Oakwood Historic District, Piedmont Wagon Company, Propst House, Ridgeview Public Library, Shuford House, and Whisnant Hosiery Mills are listed on the National Register of Historic Places.
Hickory is located in western Catawba County at (35.737682, −81.328372), and extends westward into Burke County and Caldwell County. Interstate 40 passes through the southern part of the city, leading east 68 miles (109 km) to Winston-Salem and west 75 miles (121 km) to Asheville. U.S. Route 70 (Conover Boulevard) is an older east–west route through the city. U.S. Route 321 passes through the western part of the city, leading northwest 43 miles (69 km) to Boone and south 36 miles (58 km) to Gastonia.
According to the United States Census Bureau, the city has a total area of 29.8 square miles (77.2 km), of which 29.7 square miles (76.9 km) is land and 0.08 square miles (0.2 km), or 0.31%, is water.
Lake Hickory was created on the Catawba River in 1927 with the completion of the Oxford Dam 11 miles (18 km) northeast of Hickory. The dam parallels the NC Highway 16 bridge over the Catawba River between Interstate 40 and Taylorsville. It is 122 feet (37 m) high, with an overall length of 1,200 feet (370 m). The spillway section of the dam is 550 feet (170 m) long.
Lake Hickory was named after the City of Hickory and runs along its northern edge. The lake covers almost 4,223 acres (17.09 km) with 105 miles (169 km) of shoreline. Full pond elevation is 935 feet (285 m). Lake Hickory is a reliable source of water for the Cities of Hickory and Conover and the Town of Long View, while also functioning as a recreation hub for boating, fishing, and other water based activities.
Duke Energy provides five public access areas on the lake in cooperation with the North Carolina Wildlife Resources Commission.
Hickory is the largest city within the Hickory–Lenoir–Morganton metropolitan area. The Metropolitan Statistical Area (MSA) includes Catawba County, Burke County, Caldwell County, and Alexander County, with a combined population – as of the 2020 Census – of 365,276.
In addition to Hickory, the MSA includes the cities of Lenoir, Morganton, Conover, and Newton, along with a number of smaller incorporated towns and cities.
Several unincorporated rural and suburban communities located nearby include Bethlehem, Mountain View, and St. Stephens.
The Hickory Regional Airport is located in the western portion of the city and provides general aviation services. The airport is not serviced by a commercial airline given the proximity to larger nearby airports, particularly Charlotte-Douglas International Airport and Piedmont Triad International Airport.
Greenway Public Transportation operates six fixed bus routes around Hickory, Conover and Newton. Greenway also provides paratransit services to these cities and surrounding areas. Greenway Public Transportation provides over 250,000 trips each year to residents living in the Hickory region.
As of the 2020 United States census, there were 43,490 people, 16,690 households, and 9,834 families residing in the city.
As of the census of 2010, there were 40,093 people, 18,719 households, and 9,952 families residing in the city. There were 18,719 housing units at an average density of 640.4 per square mile (247.3/km). The racial composition of the city was: 74.9% White, 14.3% Black or African American, 11.4% Hispanic or Latino American, 3.2% Asian American, 0.19% Native American, 0.06% Native Hawaiian or Other Pacific Islander, 3.08% some other race, and 1.46% two or more races.
There were 18,719 households, out of which 27.9% had children under the age of 18 living with them, 44.6% were married couples living together, 12.3% had a female householder with no husband present, and 39.1% were non-families. 32.2% 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 2.35 and the average family size was 2.98.
In the city, the age distribution of the population shows 23.3% under the age of 18, 11.2% from 18 to 24, 30.7% from 25 to 44, 21.3% from 45 to 64, and 13.6% who were 65 years of age or older. The median age was 35 years. For every 100 females, there were 92.8 males. For every 100 females age 18 and over, there were 89.7 males.
The median income for a household in the city was $37,236, and the median income for a family was $47,522. Males had a median income of $31,486 versus $23,666 for females. The per capita income for the city was $23,263. About 8.4% of families and 11.3% of the population were below the poverty line, including 14.8% of those under age 18 and 7.0% of those age 65 or over.
364,759 people live within 25 miles (40 km) of Hickory; 1.8 million people live within 50 miles (80 km) of Hickory.
In 1913, Hickory became the first city in North Carolina to adopt the council-manager form of municipal government, which combines the leadership of elected officials and the administrative experience of a city manager. The mayor and city council set policy and hire a non-partisan manager to oversee city operations, advise council, and implement adopted policies and ordinances.
Hickory City Council is composed of a mayor and six council members, each representing one of the city’s six wards. For current listing of council members, see here.
Early industries such as wagon-making, as well as proximity to expansive forests and excellent transportation via two intersecting railroads, provided fertile ground for the emergence of the furniture industry. Likewise experience with textile manufacturing and easy access to power drove new industries in both fiber-optic cable and pressure-sensitive tape. Forty percent of the world’s fiber optic cable is made in the Hickory area.
Adhesive tape manufacturer Shurtape Technologies and Fortune 500 network infrastructure provider CommScope are based in Hickory.
The furniture industry in Hickory is not as strong as in previous decades, but is still a primary component in the area economy. HSM (company) (formerly Hickory Springs, founded 1944) is a leading manufacturer of mattress coils. It is estimated 60% of the nation’s furniture used to be produced within a 200-mile (320 km) radius of Hickory.
The Hickory area is marketed as a data-center corridor and is home to large data centers operated by Apple and Google. Apple’s billion-dollar data center campus just south of Hickory is one of the world’s largest.
Hickory is home to the corporate headquarters of third-party logistics provider Transportation Insight, a member of North Carolina’s top revenue tier of privately held businesses. In 2015, the company relocated its headquarters to the historic Lyerly Full Fashioned Mill in downtown Hickory.
Hickory is home to the Hickory Crawdads, a Class High-A High-A East minor-league baseball affiliate of the Texas Rangers. The Crawdads play in L.P. Frans Stadium, located in the western portion of the city, near the Hickory Regional Airport.
Hickory is also home to the Hickory Motor Speedway. The speedway was opened in 1951 and features a 1/2-mile track with seating for approximately 5,000 spectators.
Lenoir-Rhyne University, whose teams have the nickname “Bears”, participates within NCAA Division II athletics in the South Atlantic Conference. The university’s athletics program includes teams in baseball, basketball, cross country, football, golf, lacrosse, soccer, softball, swimming, tennis, track and field, triathlon, and volleyball.
Hickory Aviation Museum is an aerospace museum at the Hickory Regional Airport. The museum originated from the Sabre Society co-founded by Kyle and Kregg Kirby, when an FJ-3 Fury, the Naval version of the North American F-86 Sabre was recovered and became the first aircraft of the museum. It features a museum located in the former airport terminal with artifacts, a hangar with aircraft and outdoor exhibits of aircraft on the former airport ramp.
Hickory is home to the second oldest art museum in North Carolina. Hickory Museum of Art was established in 1944 by Founding Director, Paul Whitener. The museum is housed at the SALT Block, overseen by the SALT Block Foundation, along with the Catawba Science Center, Hickory Choral Society, United Arts Council and Western Piedmont Symphony. Hickory Museum of Art (HMA) holds exhibitions, events, and public educational programs based on a permanent collection of 19th through 21st century American art. The museum also features a long-term exhibition of Southern contemporary folk art, showcasing the work of self-taught artists from around the region.
The symphony hosts several series of concerts, including their free Foothills Pops concerts held annually in Downtown Hickory.
Hickory has one sister city:
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.