Owner Operator Insurance Requirements Bloomington, Indiana
JDW Truckers Insurance can answer your questions regarding Owner Operator Insurance Requirements Bloomington, 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 Bloomington, Indiana with high AM Best Rating so when JDW Truckers Insurance helps you get your owner operators truck insurance in Bloomington, 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.
Bloomington is a city in and the county seat of Monroe County, Indiana, United States. It is the seventh-largest city in Indiana and the fourth-largest outside the Indianapolis metropolitan area. According to the Monroe County History Center, Bloomington is known as the “Gateway to Scenic Southern Indiana”. The city was established in 1818 by a group of settlers from Kentucky, Tennessee, the Carolinas, and Virginia who were so impressed with “a haven of blooms” that they called it Bloomington.
The population was 79,168 at the 2020 census.
Bloomington is the home to Indiana University Bloomington, the flagship campus of the IU System. Established in 1820, IU Bloomington has 45,328 students, as of September 2021, and is the original and largest campus of Indiana University. Most of the campus buildings are built of Indiana limestone.
Bloomington has been designated a Tree City since 1984. The city was also the location of the Academy Award–winning 1979 movie Breaking Away, featuring a reenactment of Indiana University’s annual Little 500 bicycle race.
The area in which Bloomington is situated was previously inhabited by the Delaware, Potawatomi, Miami, and Eel River Miami.
Bloomington was platted in 1818. A post office has been in operation at Bloomington since 1825. Bloomington was incorporated in 1827.
The current city logo was adopted on January 6, 1986, by the Bloomington Common Council. It was a combination of peony and trout lily, inspired by both quilt patterns used by regional folk artists in 19th century and the shape of Downtown Square.
The Elias Abel House, Blair-Dunning House, Bloomington City Hall, Bloomington West Side Historic District, Cantol Wax Company Building, Coca-Cola Bottling Plant, Cochran-Helton-Lindley House, Courthouse Square Historic District, Hinkle-Garton Farmstead, Home Laundry Company, Illinois Central Railroad Freight Depot, Johnson’s Creamery, Legg House, Millen House, Millen-Chase-McCalla House, Monroe Carnegie Library, Monroe County Courthouse, Morgan House, J.L. Nichols House and Studio, North Washington Street Historic District, The Old Crescent, Princess Theatre, Prospect Hill Historic District, Second Baptist Church, Seminary Square Park, Steele Dunning Historic District, University Courts Historic District, Vinegar Hill Historic District, Wicks Building, Woolery Stone Company, and Andrew Wylie House are listed on the National Register of Historic Places.
Many African Americans moved to Bloomington from Virginia, North Carolina, South Carolina, Ohio, Tennessee and Kentucky during the 1860s through the 1880s. Bloomington also attracted Scotch-Irish Presbyterians from South Carolina.
According to the 2010 census, Bloomington has a total area of 23.359 square miles (60.50 km), of which 23.16 square miles (59.98 km) (or 99.15%) is land and 0.199 square miles (0.52 km) (or 0.85%) is water.
Southern Indiana receives an abundance of rain, with a yearly average of nearly 50 inches.
Bloomington is an area of irregular limestone terrain characterized by sinks, ravines, fissures, underground streams, sinking streams, springs and caves. It is in the rolling hills of southern Indiana, resting on the intersection of the Norman Uplands and the Mitchell Plain. The city’s relatively varied topography is a sharp contrast to the flatter terrain more typical of central to northern portions of Indiana.
Bloomington is on comparatively high ground, the summit of the divide between the basins of the West Fork and East Fork of Indiana’s White River. Accordingly, there are no major watercourses within the city, nor is much groundwater available for wells. The largest stream within the city is Clear Creek, with its eastern branch known on the Indiana University campus as “The Jordan River”.
Because natural lakes or rivers or groundwater are absent from the city and its environs, a number of dams have been constructed on nearby creeks over the last 100 years to provide for the water needs of Bloomington and Monroe County. Early 20th-century damming projects occurred at locations southwest of the city, the most notable being the Leonard Springs Dam. Because of the limestone formations underlying the reservoirs and the dams, water kept seeping from the reservoirs through naturally developing underground channels. Despite all efforts, the city was never able to fully stop the leakage and had to resort to pumping leaking water back to the reservoir.
By the 1920s, a more radical solution was needed to deal with the water crisis. A new reservoir, known as Griffy Lake, was constructed in a more geologically suitable area north of the city. (It is now within Bloomington’s official city limits.) Later, in the 1950s, two much larger reservoirs, Lake Lemon and Monroe Lake were created in the northeastern and southeastern parts of Monroe County. Monroe Lake was created by the US Army Corps of Engineers for flood control but has since been used to supply the city and the county with water. The water pumping station at Griffy Lake was mothballed until May 2020.
Presently, the city is supplied with drinking water from Monroe Lake, via the Monroe Water Treatment Plant on S. Shields Ridge Rd. Originally opened in 1967, it was expanded in 2014, and now is capable of producing 30 million gallons of water per day. The sewer water from the northern part of the city is treated at the Blucher Poole Wastewater Treatment Plant (constructed 1968) and discharged into the Bean Blossom Creek. The sewer water from the southern half of the city goes to Dillman Road Wastewater Treatment Plant (constructed 1982) and is then discharged into the Clear Creek.
PCB pollution, associated with Westinghouse’s operations, long was a concern in the area. A number of sites, in particular, Bennett’s Dump and Lemon Lane Landfill at the northwestern edge of the city and Neal’s Landfill in the county, were listed as Superfund sites. Clean-up operations at the Bennett Quarry site, started in 1983, were largely completed by 2000., while cleanups at the other sites were completed in 2012.
Bloomington is the principal city of the Bloomington Metropolitan Statistical Area, a metropolitan area that covers Greene, Monroe, and Owen counties and had a combined population of 192,714 at the 2010 census.
As of the 2010 census, there were 80,405 people, 31,425 households, and 11,267 families residing in the city. The population density was 3,471.7 inhabitants per square mile (1,340.4/km). There were 33,239 housing units at an average density of 1,435.2 per square mile (554.1/km). The racial makeup of the city was 83.0% White, 4.6% African American, 0.3% Native American, 8.0% Asian, 0.1% Pacific Islander, 1.2% from other races, and 3.0% from two or more races. Hispanic or Latino of any race were 3.5% of the population.
There were 31,425 households, of which 16.6% had children under the age of 18 living with them, 25.3% were married couples living together, 7.5% had a female householder with no husband present, 3.1% had a male householder with no wife present, and 64.1% were non-families. 38.2% of all households were made up of individuals, and 7.5% had someone living alone who was 65 years of age or older. The average household size was 2.09 and the average family size was 2.76.
The median age in the city was 23.3 years. 11.4% of residents were under the age of 18; 44.5% were between the ages of 18 and 24; 23% were from 25 to 44; 13.3% were from 45 to 64; and 7.9% were 65 years of age or older. The gender makeup of the city was 50.3% male and 49.7% female.
As of the census of 2000, there were 69,291 people, 26,468 households, and 10,454 families residing in the city. The population density was 3,511.1 inhabitants per square mile (1,355.6/km). There were 28,400 housing units at an average density of 1,439.1 per square mile (555.6/km). The racial makeup of the city was 87.03% White, 4.24% African American, 0.29% Native American, 5.26% Asian, 0.07% Pacific Islander, 1.10% from other races, and 2.01% from two or more races. Hispanic or Latino of any race were 2.49% of the population. 22.9% were of German, 10.2% Irish, 9.1% English and 8.4% American ancestry according to Census 2000. 89.3% spoke English, 2.9% Spanish, 1.3% Korean, 1.1% German and 1.0% Chinese or Mandarin as their first language.
There were 26,468 households, out of which 17.9% had children under the age of 18 living with them, 29.2% were married couples living together, 7.8% had a female householder with no husband present, and 60.5% were non-families. 39.1% of all households were made up of individuals, and 7.1% had someone living alone who was 65 years of age or older. The average household size was 2.09 and the average family size was 2.76.
In the city, the population was spread out, with 12.7% under the age of 18, 42.3% from 18 to 24, 24.6% from 25 to 44, 12.6% from 45 to 64, and 7.9% who were 65 years of age or older. The median age was 23 years. For every 100 females, there were 94.4 males. For every 100 females age 18 and over, there were 92.8 males.
The median income for a household in the city was $25,377, and the median income for a family was $50,054. Males had a median income of $32,470 compared to $26,100 for females. The per capita income for the city was $16,481. About 10.3% of families and 29.6% of the population were below the poverty line, including 17.3% of those under age 18 and 7.6% of those age 65 or over.
The Bloomington and Monroe County region is home to major employers representing a diverse collection of fields, including education, the life sciences, advanced manufacturing and technology.
Bloomington is a regional economic center anchored by Indiana University and home to a diverse business community involved in pharmaceuticals, medical devices, technology, health care, and the arts. Bloomington’s concentration of employment in the life sciences is six times greater than the U.S. average, and employment in the technology sector has grown by over 80 percent in recent years. Companies based in Bloomington include Cook Group, Author Solutions, OneWorld Enterprises, BloomingFoods, Bloomington Tutors, and Singota Solutions.
Bloomington has been recognized by Inc. Magazine as one of “America’s Best Cities for Doing Business” and as one of Entrepreneur Magazine’s Top 50 “Hottest Small Cities for Entrepreneurs”. Additionally, Forbes Magazine ranked Bloomington No. 3 in its “Best Places for Business Careers” feature.
Bloomington also receives stations from Indianapolis and is part of the Indianapolis market.
A five-channel public-access television station is housed in the Monroe County Public Library. The station, known as Community Access Television Services or CATS, was established in 1973 and serves as a “dedicated constitutional forum”. In April 1995, Rox, a program produced at CATS (then Bloomington Community Access Television, or BCAT), became the first TV series distributed via the web, with an episode titled “Global Village Idiots”.
Bloomington is a gold-rated bicycle-friendly community by the League of American Bicyclists. There are several significant bike trails in and around the city, most notably the B-Line Trail which runs north to south for almost four miles through the core of Downtown Bloomington and south through Switchyard Park. An east to west version has also recently been completed along the 7th street corridor.
Bloomington and Indiana University briefly ran a dockless bikeshare program called Pace, launched in June 2018. The program was cancelled after less than a year.
Bloomington, for many years was one of the largest cities without an interstate or freeway. However, interstate access finally occurred in December 2015 when the Interstate 69 expansion between Evansville and Indianapolis was completed to Bloomington.
The upgrading of SR 37 from a 4 Lane Highway to Interstate standards for the next section of I-69 between Bloomington and Martinsville was originally scheduled for completion in August 2016. As of November 2018, the construction was substantially complete. The last section between Martinsville and Indianapolis is scheduled for completion in 2024.
State Road 45 (SR 45) and State Road 46 (SR 46) run through Bloomington together on a four-lane highway known as the “bypass”.
State Road 48 (SR 48) starts as a four-lane highway on the city’s west side before narrowing to two-lanes at Oard Rd outside the city limits.
Local bus service is provided by Bloomington Transit.
Bus service to Indianapolis is provided by Miller Transportation bus lines, services to the Indianapolis International Airport is provided through shuttle services such as GO Express.
Note: This list does not include students attending Indiana University except for locals. Please see List of Indiana University (Bloomington) people for famous alumni.
Bloomington has the following sister cities: