Owner Operator Insurance Requirements Big Spring, Texas
JDW Truckers Insurance can answer your questions regarding Owner Operator Insurance Requirements Big Spring, Texas. 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 Big Spring, Texas with high AM Best Rating so when JDW Truckers Insurance helps you get your owner operators truck insurance in Big Spring, Texas 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.
Big Spring is a city in and the county seat of Howard County, Texas, United States, at the crossroads of U.S. Highway 87 and Interstate 20. With a population of 27,282 as of the 2010 census, it is the largest city between Midland to the west, Abilene to the east, Lubbock to the north, and San Angelo to the south. Big Spring was established as the county seat of Howard County in 1882; it is the largest community in the county.
The city took its name from the single, large spring that issued into a small gorge between the base of Scenic Mountain and a neighboring hill in the southwestern part of the city limits. Although the name is sometimes still mistakenly pluralized, it is officially singular. “To the native or established residents who may wince at the plural in Big Spring, it should be explained that until about 1916, when for some unexplained reason the name dropped the final ‘s’, the official name of the town was indeed Big Springs.”
The area had long been a popular watering hole for Native American residents and nomads, including members of the more recently established Jumano, Apache, and Comanche tribes. The first European to view the site was probably a member of a Spanish expedition exploring the Great Plains from New Mexico. During the 1840s and 1850s, Big Spring was often where Comanches assembled and organized themselves before departing on large-scale raids into northern Mexico during the Comanche-Mexico Wars.
Captain Randolph B. Marcy’s expedition in 1849 was the first United States expedition to explore and map the area. Marcy marked the spring as a campsite on the Overland Trail to California. The site began to collect inhabitants, and by the late 1870s, a settlement had sprung up to support buffalo hunters who frequented the area. The original settlement consisted largely of hide huts and saloons. Ranching quickly became a major industry in the area; early ranchers included F.G. Oxsheer, C.C. Slaughter, and B.F. Wolcott.
One notable early rancher was Briton Joseph Heneage Finch, the Seventh Earl of Aylesford. Finch purchased 37,000 acres (150 km) of ranchland in the area in 1883, and is credited with building Big Spring’s first permanent structure, a butcher shop.
The completion of the Texas and Pacific Railroad led to the founding in the early 1880s of Abilene, Colorado City, and Big Spring, three railroading and ranching cities where saloons and gambling dens flourished.
More important in the city’s history was the discovery of oil in the region during the 1920s. The early discoveries in the area marked the beginning of the oil industry in the Permian Basin area of West Texas, and the oil industry has continued to be a dominant part of the area’s economy. The oil industry in Big Spring reached its peak during the oil boom of the 1950s.
Another major part of Big Spring’s economy and life during the 1950s, 1960s, and 1970s was Webb Air Force Base. It initially opened during World War II as the Big Spring Bombardier School. Following the war, it was converted to a US Air Force training base and was named for James Webb, a Big Spring native who died in action during World War II. Webb Air Force Base was active until 1977, when the base facilities were deeded to the city.
Big Spring was featured in the 1969 film Midnight Cowboy, which starred Dustin Hoffman and Jon Voight, and received the Academy Award for Best Picture of 1969. The opening scenes featuring Voight, then a relatively unknown actor, playing the character Joe Buck, were filmed in Big Spring and the neighboring city of Stanton.
In 1980, Hollywood returned to Big Spring with the filming of Hangar 18, a low-budget science-fiction movie about a space shuttle’s collision with an alien spacecraft and the ensuing government cover-up. Several local residents were used as on-screen extras.
Big Spring is the location for the opening scene of the Robert Rodriguez film From Dusk Till Dawn.
In 1999, a New York energy company erected the first 80-meter tower for one of North America’s largest wind turbines for that time at Big Spring.
The FAI World Hang Gliding Championship was hosted by Big Spring in August 2007.
The area’s “big spring”, long dry but recently modified to draw water from Comanche Trail Lake, was of major importance to all life in the surrounding area. In the early 1840s, it was the center of a territorial dispute between Comanche and Pawnee tribes, and has been a major watering hole for wildlife and prehistoric people in this semiarid area. Early military scouting reports and pioneer accounts describe the water as cold, clear, and dependable; the spring pool was about 15 ft (5 m) deep, with the overflow going only a short distance down the draw before it sank beneath the surface. The spring has mistakenly been described in other writings as being located in Sulphur Draw. It is actually located to the south, near the top of a small, rugged, unnamed draw running eastwards from the spring, and is itself a tributary to Beal’s Creek, the name given to Sulphur Draw as it flows into, through, and past the city of Big Spring.
Long used by regional inhabitants, both permanent and nomadic, with a large number of locally collected artifacts testifying to its heavy occupation, the spring sat astride the several branches of the later-developed Comanche War Trail as they converged on this important water hole from beyond Texas, coming south across the Northern Plains and the Llano Estacado. From the Big Spring, the war trail continued south via three branches, one to the southeast through the western part of the Concho country; one going almost due south, heading for Castle Gap and Horsehead Crossing on the Pecos River; and one heading west to Willow Springs in the sand country southwest of present Midland, before turning south down the Pecos, all headed ultimately for Mexico. As whites began to settle the western territories, the spring continued to serve as a major watering place on the southern route of the Gold Rush Trail of the early 1850s and continued in use well beyond that time, as the cross-continental trail turned into a major road for later pioneers coming into the area.
The spring was sourced from a relatively small aquifer situated on the northern end of the Edwards Plateau and the southern end of the High Plains, being, structurally, a collecting sink of lower Cretaceous (Fredericksburg) limestones and sands. The spring aquifer held a large quantity of water due to the great number of fractures, solution channels, and interstices in the rocks and underlying sands, although the areal extent of the Big Spring sink is estimated to be only 1 mi (2 km) in diameter, with the main area only 3,000 ft (914 m) wide and almost circular, with some ellipticity trending towards the west. The Cretaceous beds subsided about 280 ft (85 m) below their normal position, centered on the southeast quarter of Section 12, Block 33 T1S; T&P RR Co survey, and the entire stratum appears to be preserved within the sink, the surface topography roughly following the subsurface subsidence. This writing identifies the sink as one of a number of similar subsurface geologic features in the surrounding area, differing from the Big Spring sink only in the fact that the surface topography above the others, while showing some decline, does not dip low enough to intersect the top of the water tables; hence, no springs could form from the other aquifers. In a passing comment, enigmatic in its content and disappointing in its brevity, the report states no other comparable deep sinks formed elsewhere on the Edwards Plateau.
The same publication suggests the spring’s discharge volume was in excess of 100,000 U.S. gallons (378,541 L) per day at the time of the railroad’s arrival in the area in the late 1880s. The water was heavily mined by wells built by both the railroad and the early town of Big Spring, greatly in excess of its modest recharge rate, until the water table first dropped below the level of the spring outlet, and finally, was completely depleted by the mid-1920s. The city now artificially fills the spring from its current source of water as a means of allowing residents and visitors to maintain some idea of how it appeared in times past.
Big Spring is located slightly south of the center of Howard County in the valley of Beals Creek, an east-flowing tributary of the Colorado River. Interstate 20 runs through the northern side of the city, with access from exits 174 through 182. I-20 leads east 108 miles (174 km) to Abilene and west 40 miles (64 km) to Midland. U.S. Route 87 (Gregg Street) until recently ran through the center of Big Spring, leading north 106 miles (171 km) to Lubbock and southeast 86 miles (138 km) to San Angelo. A bypass to the west of the city now carries US 87, while the old route is now Business US 87.
According to the United States Census Bureau, Big Spring has a total area of 19.2 square miles (49.7 km). About 19.1 square miles (49.5 km) are land, and 0.1 square miles (0.2 km), or 0.45%, is covered with water.
As of the 2020 United States census, 26,144 people, 8,458 households, and 5,127 families were residing in the city.
As of the census of 2010, 28,187 people,8,029 households, and 5,463 families resided in the city. The population density was 1,428.4 inhabitants per square mile (551.5/km). The 9,865 housing units averaged 516.2 per square mile (199.3/km). The racial makeup of the city was 76.69% White, 5.31% African American, 0.59% Native American, 0.63% Asian, 0.02% Pacific Islander, 14.41% from other races, and 2.35% from two or more races. Hispanics or Latinos of any race were 44.64% of the population.
Of the 8,155 households, 32.8% had children under 18 living with them, 48.3% were married couples living together, 14.1% had a female householder with no husband present, and 33.0% were not families. About 29.2% of all households were made up of individuals, and 14.6% had someone living alone who was 65 or older. The average household size was 2.51, and the average family size was 3.10.
In the city, the population was distributed as 23.6% under 18, 9.9% from 18 to 24, 32.7% from 25 to 44, 19.7% from 45 to 64, and 14.1% who were 65 or older. The median age was 35 years. For every 100 females, there were 125.2 males. For every 100 females age 18 and over, there were 132.3 males.
The median income for a household in the city was $28,257, and for a family was $35,448. Males had a median income of $27,636 versus $21,863 for females. The per capita income for the city was $14,119. About 17.1% of families and 22.2% of the population were below the poverty line, including 30.0% of those under age 18 and 18.3% of those age 65 or over.
Big Spring is the site of several major hang-gliding championship tournaments, including the U.S. Hang Gliding Nationals. The city was also the site for the filming of parts of Midnight Cowboy and Hangar 18.
Following the 2011 redistricting, Howard County is represented in the Texas House of Representatives by the District 72 Republican Drew Darby of San Angelo.
The Texas Department of Criminal Justice operates the Big Spring District Parole Office in the city.
The Texas Department of State Health Services operates a 200-bed psychiatric hospital, opened in 1939. The hospital has reduced its number of beds over the years, but remains one of the largest employers in Big Spring.
The United States Postal Service operates the Big Spring Post Office.
The Federal Bureau of Prisons (BOP) operates the Federal Correctional Institution, Big Spring in Big Spring. The nearby Big Spring Correctional Center is privately operated (GEO Group) on behalf of the BOP.
The Colorado River Municipal Water District operates a reclaimed water treatment plant in Big Spring, the first of its kind in Texas, the product of which is then delivered to the potable water treatment plants of Big Spring, Stanton, Midland, and Odessa.