Owner Operator Insurance Cost Hobart, Indiana
JDW Truckers Insurance can answer your questions regarding Owner Operator Insurance Cost Hobart, 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 Hobart, Indiana with high AM Best Rating so when JDW Truckers Insurance helps you get your owner operators truck insurance in Hobart, 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.
Hobart ( HOH-bart, locally [ˈhoʊbərt]) is a city in Lake County, Indiana, United States. The population was 29,752 at the 2020 census, up from 29,059 in 2010. It has been historically primarily residential, though recent annexation has added a notable retail corridor to the city.
Hobart was platted in 1849. George Earle, an English immigrant, bought land from the Potawatomi Native American tribe, who built a dam on Deep River, creating Lake George. He named the settlement that later developed into Hobart, after his brother, Frederick Hobart Earle, who never left England. The first school of the city was built in 1878.
The First Unitarian Church of Hobart, Hobart Carnegie Library Hobart Commercial District, and Pennsylvania Railroad Station are listed in the National Register of Historic Places. The Lake George Commercial Historic District is noted locally. Hobart is also the site of several WPA projects, including a post office.
According to the 2010 census, Hobart has a total area of 26.705 square miles (69.17 km), of which 26.33 square miles (68.19 km2) (or 98.6%) is land and 0.375 square miles (0.97 km) (or 1.4%) is water.
Hobart is approximately 31 miles (50 km) southeast of Chicago.
As of the census of 2010, there were 29,059 people, 11,650 households, and 7,664 families residing in the city. The population density was 1,103.6 inhabitants per square mile (426.1/km2). There were 12,399 housing units at an average density of 470.9 per square mile (181.8/km). The racial makeup of the city was 85.3% White, 7.0% African American, 0.4% Native American, 1.0% Asian, 4.0% from other races, and 2.4% from two or more races. Hispanic or Latino of any race were 13.9% of the population.
There were 11,650 households, of which 31.3% had children under the age of 18 living with them, 48.4% were married couples living together, 12.1% had a female householder with no husband present, 5.3% had a male householder with no wife present, and 34.2% were non-families. 28.2% of all households were made up of individuals, and 10.8% had someone living alone who was 65 years of age or older. The average household size was 2.48 and the average family size was 3.06.
The median age in the city was 38 years. 23.1% of residents were under the age of 18; 7.9% were between the ages of 18 and 24; 28% were from 25 to 44; 26.6% were from 45 to 64; and 14.4% were 65 years of age or older. The gender makeup of the city was 48.5% male and 51.5% female.
As of the census of 2000, there were 25,363 people, 9,855 households, and 6,977 families residing in the city. The population density was 967.5 inhabitants per square mile (373.6/km2). There were 10,299 housing units at an average density of 392.9 per square mile (151.7/km). The racial makeup of the city was 93.73% White, 1.39% African American, 0.21% Native American, 0.54% Asian, 0.02% Pacific Islander, 2.60% from other races, and 1.51% from two or more races. Hispanic or Latino of any race were 8.05% of the population.
There were 9,855 households, out of which 30.6% had children under the age of 18 living with them, 56.3% were married couples living together, 10.4% had a female householder with no husband present, and 29.2% were non-families. 24.1% of all households were made up of individuals, and 10.4% had someone living alone who was 65 years of age or older. The average household size was 2.55 and the average family size was 3.04.
In the city, the population was spread out, with 23.6% under the age of 18, 8.6% from 18 to 24, 29.7% from 25 to 44, 23.0% from 45 to 64, and 15.1% who were 65 years of age or older. The median age was 38 years. For every 100 females, there were 94.4 males. For every 100 females age 18 and over, there were 91.7 males.
The median income for a household in the city was $34,759, and the median income for a family was $35,078. Males had a median income of $43,702 versus $26,619 for females. The per capita income for the city was $21,508. 4.8% of the population and 2.9% of families were below the poverty line. Of the total population, 5.8% of those under the age of 18 and 4.6% of those 65 and older were living below the poverty line.
Hobart is home to a number businesses in its downtown shopping district, including the historic Art Theatre.
Hobart is also home to the super-regional Southlake Mall near the intersection of U.S. Route 30 and Interstate 65. and many surrounding retailers and restaurants, although most businesses along the south side of Hobart are required to list their addresses as Merrillville. This area was historically an unincorporated section of Ross Township prior to a 1993 annexation by the city of Hobart and is served by the Merrillville post office.
The nearest large airports serving Hobart are the Gary/Chicago International Airport (GYY) in Gary and Chicago Midway International Airport (MDW) and O’Hare International Airport (ORD) in nearby Chicago. The Hobart Sky Ranch Airport (3HO) is located 2 miles (3.2 km) north of the city’s downtown business district.
Hobart contains three major railroads: Norfolk Southern Railway, which runs through County Line Road to Liverpool Road; Chicago, Fort Wayne and Eastern Railroad, which runs through County Line Road to Wisconsin Street; and Canadian National Railway, which runs through Colorado Street and through a portion of Hobart in the southernmost part of the area known as Ainsworth.
Hobart is also home to the Indiana Botanic Gardens, which is the nation’s largest and oldest retailer of herbs. The company moved to Hobart in the mid-1990s and is located off Business Route 6. Another manufacturing concern headquartered in Hobart since 1952 is Midwest Products, a manufacturer of hobby materials and radio controlled model aircraft.
Hobart is home to Lake George, a popular place for people to gather to walk along the city’s waterfront. Musical entertainment can be found near the clock tower in Lakefront Park and at the Revelli Bandshell during the warm months. Fishing and boating are two popular activities at Lake George. At Festival Park, people can feed the ducks that live there. In the past, fishermen fished at Hobart’s Robinson Lake. In October 2006, then-Mayor Linda Buzenic announced the “highest and best use” for Robinson Lake would be to put it up for sale, according to the Post-Tribune.
The city features 14 parks, a public 18-hole golf courses (Cressmoor Country Club having closed in 2006), and many sports fields for basketball, football, baseball, soccer, rugby, and other sports. The city recently bought an outdoor swimming pool. Hobart Nature District is located in Hobart.
The Oak Savannah rails-to-trails route cuts through the city and offers biking and hiking. The Oak Savannah trail passes by the 90-acre (36 ha) Hobart Prairie Grove Unit of Indiana Dunes National Park.
The Shirley Heinze Land Trust, Inc. owns other nature preserves in the city of Hobart, including a tallgrass prairie. The Cressmoor Prairie is a dedicated state nature preserve, and is the largest state-protected rare “black soil” or silt-loam prairie in Indiana.
Most of the city is within the School City of Hobart, although other parts of the city are within the River Forest Community School Corporation or the Merrillville Community School District. Hobart High School students are referred to as the “Brickies,” in reference to the brickyards that were once located on city’s northern side near Cressmore Prairie. The school mascot is named Yohan and bears a strong resemblance to “Boilermaker Pete” from Purdue University. Hobart High School at one time was considered a leader in music education; in the early twentieth century, its band won national Sousa band competitions under the direction of William Revelli, who later left to lead the University of Michigan band. The city is also home to Trinity Lutheran School, a pre-school through 8th grade parochial school and Montessori Academy in the Oaks.
The Merrillville section is served by John Wood Elementary School and the feeder schools in Merrillville.
The Lake County Public Library operates the Hobart Branch.
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.
