Owner Operator Insurance Requirements Anderson, Indiana
JDW Truckers Insurance can answer your questions regarding Owner Operator Insurance Requirements Anderson, 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 Anderson, Indiana with high AM Best Rating so when JDW Truckers Insurance helps you get your owner operators truck insurance in Anderson, 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.
Anderson is a city in Madison County, Indiana, United States. Named after Chief William Anderson, it is the county seat of Madison County. The city is the headquarters of the Church of God (Anderson) and home of Anderson University, which is affiliated with the Church of God. Highlights of the city include the historic Paramount Theatre and the Gruenewald House.
The population was 54,788 at the 2020 census.
Prior to the organization of Madison County, William Conner entered the land upon which Anderson is located. Conner later sold the ground to John and Sarah Berry, who donated 32 acres (13 ha) of their land to Madison County on the condition that the county seat be moved from Pendleton to Anderson. John Berry laid out the first plat of Anderson on November 7, 1827. In 1828 the seat of justice was moved from Pendleton to Anderson.
The city is named for Chief William “Adam” Anderson, whose mother was Lenape and whose father was of Swedish descent. Chief Anderson’s name in Lenape was Kikthawenund, meaning “creaking boughs”. The Lenape village was known as “Anderson’s Town”, though the Moravian missionaries called it “The Heathen Town Four Miles Away”. Anderson was also known as “Andersonton” before being formally organized as Anderson.
Introduction of internal improvements by the Mammoth Internal Improvement Act caused a growth in the population in 1837. In December 1838, Anderson was incorporated as a town with 350 inhabitants. The Central Canal, a branch of the Wabash and Erie Canal, was planned to come through Anderson. Work continued on the canal during 1838 and the beginning of 1839, but the work was soon suspended by the state following effects of the Panic of 1837. The town again became a sleepy village until 1849, when it was incorporated a second time as a town. Many new commercial ventures located around the courthouse square.
This incorporation was short-lived, and Anderson once again went back to village status in 1852. However, with the completion of the Indianapolis Bellefontaine Railroad, as well as their station in 1852, Anderson burst to life. The third incorporation of Anderson as a town occurred on June 9, 1853. The population continued to increase. On August 28, 1865, with a population of nearly 1,300 people, Anderson was incorporated as a city.
Between 1853 and the late 19th century, twenty industries of various sizes located there. On March 31, 1887, natural gas was discovered in Anderson. As the Indiana gas boom began, this discovery led new businesses that could use natural gas, such as glass-making, to move to the city. Anderson grew to such proportions that a Cincinnati newspaper editor labeled the city “The Pittsburgh on White River”. Other appellations were “Queen City of the Gas Belt” and (because of the vulcanizing and rubber tire manufacturing business) “Puncture Proof City”.
In 1897 the Interurban Railroad was born in Anderson. Charles Henry, a large stock holder, coined the term “Interurban” in 1893. It continued to operate until 1941.
The year 1912 spelled disaster for Anderson: the natural gas ran out. The city had left its gas-powered lights on day and night, and there are stories of a pocket of natural gas being lit in the river and burning for a prolonged period for the spectacle of it. The result of the loss of natural gas was that several factories moved out. The whole city slowed down. The Commercial Club (formed on November 18, 1905) was the forerunner of the present chamber of commerce.
This club persuaded the Remy brothers to stay in Anderson and others to locate there. For decades, Delco Remy and Guide Lamp (later Fisher Guide), which during World War II built the M3 submachine gun and the FP-45 Liberator pistol for the Allies, were the top two employers in the city. From 1913 through the 1950s, the Ward-Stilson Company was one of the country’s largest producers of uniforms, regalia, furniture and props for the Freemasons, the Odd Fellows, and dozens of other U.S. fraternal organizations.
The Church of God of Anderson located its world headquarters in Anderson in 1905. Anderson Bible School was opened in 1917, and this was separated from Gospel Trumpet (now known as Warner Press) in 1925. At the same time, it became known as Anderson Bible School and Seminary. In 1925, the name was changed to Anderson College and eventually to Anderson University in 1988.
Over the years, 17 different types of automobiles were manufactured in Anderson, with the Lambert family among the city’s leaders in its development and the Buckeye Gasoline Buggy the Lambert product. Many other inventions were perfected in Anderson, including the gas regulator (Miron G. Reynolds), the stamp vending machine (Frank P. Dunn), clothes presser (H. Donald Forse), “Irish Mail” handcars (Hugh Hill), flower car for funeral homes (Francis M. McClain, automatic gearshift (Von D. Polhemus)), Sisson choke (Glenn Sisson), and the vulcanizing process to retread tires (Charles E. Miller).
Anderson hosted a National Basketball Association (NBA) franchise for the 1949–50 season, being one of the smaller cities to have had a major league franchise in a Big Four American sport. The Anderson Packers were a founding member of the NBA (under that name), but folded after one season.
Like most other industrial cities in Indiana and the Rust Belt as a whole, Anderson suffered tremendously from deindustrialization in the 1970s and 1980s. For example, nearly 22,000 people were employed by General Motors in the 1970s in Anderson; by 2006 this number had declined to fewer than 2,600. Anderson has since struggled with higher rates of poverty and unemployment.
Anderson is located in south-central Madison County at 40°06′00″N 85°40′53″W / 40.100041°N 85.681525°W. The city of Anderson occupies all of Anderson Township except for the much smaller communities of Country Club Heights, Edgewood, River Forest, and Woodlawn Heights, as well as small parts of five other townships: Lafayette, Richland, Union, Adams, and Fall Creek.
Indiana State Road 32 (14th Street) crosses the city center, leading east-northeast 19 miles (31 km) to Muncie and west-southwest the same distance to Noblesville. State Road 9 (Scatterfield Road) crosses the east side of the city, leading north 11 miles (18 km) to Alexandria and southwest 10 miles (16 km) to Pendleton. Interstate 69 crosses the southeast corner of the city, with access from Exit 226 (SR 9/SR 109). I-69 leads southwest 40 miles (64 km) to Indianapolis and northeast 83 miles (134 km) to Fort Wayne.
According to the U.S. Census Bureau, Anderson has a total area of 41.7 square miles (108.00 km), of which 41.6 square miles (108 km) are land and 0.1 square miles (0.3 km), or 0.27%, are water. The White River flows east to west through the northern part of the city.
As of the 2010 census, there were people, households, and families living in the city. The population density was 1,356.8 inhabitants per square mile (523.9/km). There were housing units at an average density of 675.7 per square mile (260.9/km). The racial makeup of the city was 78.8% White, 15.2% African American, 0.3% Native American, 0.5% Asian, 2.6% from other races, and 2.6% from two or more races. Hispanic or Latino of any race were 4.8% of the population.
Of the extant households 28.8% had children under the age of 18 living with them, 35.8% were married couples living together, 17.1% had a female householder with no husband present, 5.5% had a male householder with no wife present, and 41.6% were non-families. 34.5% of all households were made up of individuals, and 13.8% had someone living alone who was 65 years of age or older. The average household size was 2.28 and the average family size was 2.91.
The median age in the city was 37.8 years. 22.4% of residents were under the age of 18; 11.5% were between the ages of 18 and 24; 24.8% were from 25 to 44; 24.9% were from 45 to 64; and 16.3% were 65 years of age or older. The gender makeup of the city was 47.9% male and 52.1% female.
As of the 2000 census, there were people, households, and families living in the city. The population density was 1,491.6 inhabitants per square mile (575.9/km). There were housing units at an average density of 690.3 per square mile (266.5/km). The racial makeup of the city was 81.99% White, 14.88% African American, 0.31% Native American, 0.49% Asian, 0.02% Pacific Islander, 0.86% from other races, and 1.45% from two or more races. Hispanic or Latino of any race were 2.07% of the population.
There were 25,274 households, out of which 27.0% had children under the age of 18 living with them, 41.4% were married couples living together, 15.1% had a female householder with no husband present, and 39.0% were non-families. 33.1% of all households were made up of individuals, and 14.0% had someone living alone who was 65 years of age or older. The average household size was 2.28 and the average family size was 2.87.
In the city, the age distribution of the population shows 23.2% under the age of 18, 11.2% from 18 to 24, 27.6% from 25 to 44, 21.3% from 45 to 64, and 16.6% who were 65 years of age or older. The median age was 36 years. For every 100 females, there
The city government consists of a mayor and a city council. The mayor is elected in citywide vote. The city council consists of nine members. Six are elected from individual districts. Three members are elected at large.
When General Motors closed its operations in Anderson, the city was dealt a major economic blow, as GM was the biggest employer in Anderson. Nevertheless, in 2007, Anderson was ranked 98th in the Forbes List for 100 Best Places for Businesses among Smaller U.S. Metro areas. However, a more recent (2014) appraisal of Anderson from the Indiana Business Review was mixed, noting that “long-term trends are negative”, citing “a long-term downward trend in area employment” and “acceleration in the number of food stamp recipients”. More recent unemployment has been reduced, but improvements still lag behind the rest of the state.
For 2013, estimated household median income was $33,574 (vs. Indiana state median of $48,248). Per capita money income was $18,216 (Indiana per capita of $24,635). 25.8% of the city’s population was estimated at living below poverty level, vs. a statewide estimation of 15.4%. Madison County, of which Anderson is the seat, has nearly three times as many food stamps recipients per capita as does Indiana as a whole.
As of February 2019, the ten largest employers in Madison County were:
Anderson’s public school district is the Anderson Community School Corporation, which includes one high school, Anderson High School which serves grades 9 – 12; one junior high school, Highland Middle School (formerly Highland High School) which serves grades 6 – 8, six elementary schools (Eastside, Edgewood, Valley Grove, 10th Street, Erskine, Anderson Elementary) which serve k -5, a kindergarten center (Killbuck), and a preschool (Southview). Until 1997, Anderson had three high schools: Highland, Madison Heights and Anderson. In 1997 Madison Heights was closed and Anderson High School moved into that facility. Beginning in the fall of 2010, Highland High School closed and was converted into a junior high school, consolidating all students in grades 9-12 into Anderson High School.
Anderson also has a charter school (non-traditional, tuition-free public school) called Anderson Preparatory Academy. Currently, Anderson Preparatory Academy features grades K-12. Anderson Preparatory Academy is a college preparatory, military-based academy. All cadets in grades 6-8 are members of the Civil Air Patrol. High school cadets are all members of the Air Force JROTC program. Original plans called to only offer grades 6–9, then add on another upper grade each year before extending the lower years.
Anderson University is within the city, as are a campus of the Ivy Tech Community College of Indiana and a campus of the Purdue Polytechnic Institute.
The city has a lending library, the Anderson Public Library.
In the comic strip Peanuts, a book in the fictional series beloved by Snoopy, “The Six Bunny Wunnies”, is called The Six Bunnie-Wunnies and Their Layover in Anderson, Indiana. (Charles Schulz had been recently awarded an honorary degree by Anderson College.)
Anderson is the home of several characters in the alternate history novel The Man with the Iron Heart by Harry Turtledove.