Owner Operator Insurance Requirements Oviedo, Florida
JDW Truckers Insurance can answer your questions regarding Owner Operator Insurance Requirements Oviedo, Florida. 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 Oviedo, Florida with high AM Best Rating so when JDW Truckers Insurance helps you get your owner operators truck insurance in Oviedo, Florida 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.
Oviedo ( oh-VEE-doh) is a city in Seminole County, Florida, United States. As of the 2010 United States Census, the population was 33,342, representing an increase of 7,026 (26.7%) from the 26,316 counted in the 2000 Census. It is part of the Orlando–Kissimmee–Sanford Metropolitan Statistical Area. Oviedo is known for its historic houses and buildings, as well as its population of chickens that roam the downtown area. Although the city has historically been rural, in recent years it has had an influx of new developments to support its rapid growth, due to its proximity to the University of Central Florida and the Central Florida Research Park.
Up through the early 19th century, the area encompassing Oviedo was sparsely populated save for a few Seminoles and African-American Freemen who associated with the Seminole tribe, known as Black Seminoles, in what was then Spanish Florida. The Seminole tribe had larger clusters of population in other areas of Central Florida, such as nearby Lake Jesup.
The population remained sparse until after the American Civil War, when people devastated by war started moving South to begin a new life. One mile to the southeast side of Lake Jesup, a small hamlet of settlers established the “Lake Jesup Settlement” in 1875. Letters from that era showcased a difficult life for the Florida Cracker settlers: cooking outdoors with wood stoves, sleeping under mosquito nets, and burning rags to keep the insects away. Wildlife was plentiful, however. Initially, this settlement had around 40 families, but quickly evolved into a thriving trading port. The settlement was named “Oviedo” by Andrew Aulin when the first post office was established to honor the state’s Spanish heritage.
In the late 1870s, individuals living a few miles south of Lake Jesup needed an easily accessible post office in the Florida back country. Andrew Aulin, an early settler and shop-owner, decided to file paperwork for a post office, and in his first site location report, needed a name that was different from any other post office in Florida. Aulin liked having a Spanish name, “to honor the Spanish heritage of the state,” and decided to name his post office location “Oviedo” after the city of Oviedo in northern Spain (the capital city of the Principality of Asturias) and the University of Oviedo. Some say he visited the university, while others say he just liked the sound of it, but most agree that he likely pronounced the name correctly oh-vee-AY-doh rather than the Americanized way of oh-VEE-doh. A recent campaign advocates for honoring Aulin’s original concept for the town’s moniker by returning to the correct Spanish pronunciation oh-vee-AY-doh).
Several people played a prominent role in establishing Oviedo’s history. George Powell was an early settler who ran a large tract of land, referred to as the “Powell Settlement”, which today encompasses most of the northern part of the city—including the downtown area. One of Powell’s sons, Lewis Powell, (alias Lewis Payne), became infamous for being John Wilkes Booth’s primary accomplice in the plot to assassinate President Abraham Lincoln.
George Powell’s friend, Henry Foster, was instrumental in transforming Oviedo’s citrus and celery industry from obscurity to prominence by giving Oviedo reliable transportation to deliver its goods. He paid for a railway link to Oviedo and founded the Lake Jesup Steamboat Company. Agriculture was Oviedo’s primary industry all the way through the 1940s. Foster was also responsible for establishing the Lake Charm area as a resort to entice visitors from the North to vacation in the winter. Foster encouraged settlers to begin attending regular church services on a site of the “Powell Settlement” that would become the First Methodist Church of Oviedo.
A citrus-grower named Butler Boston is also credited for helping establish Oviedo’s citrus economy by successfully grafting tangerine budwood to grow tangerines, as well as budding the succulent Temple orange from Jamaica to several Oviedo fields. Butler Boston was the son of a doctor, Alexander Atkinson, who had fathered Butler, along with several others with freed black women on his family’s plantation. Atkinson moved to Oviedo in 1871 with the 12-year-old Butler to both set up a medical practice and buy a farm. Atkinson gave the land to his son after a freeze when he moved back to Georgia. Boston was so successful that he was hired to bud other Oviedo fields. He became a spokesman for the large black community in the area, and was especially devoted to improving their educational opportunities, and served as a local school trustee. He was also an accomplished bricklayer and oversaw the planning and construction of a new building for the Antioch Baptist Church. His legacy is noted today throughout Oviedo, in sites such as Boston Street, Boston Alley, Boston Cemetery, Boston Hill and Butler Boston Court. His home site is where Canterbury Retreat and Conference Center is located. Its centerpiece is Lake Gem, named by the Boston family for a close family member.
Andrew Duda Sr., a Slovak immigrant, established a farm in nearby Slavia in the early 20th century. He left after failing to produce successful crops, but saved up money and returned in 1926 to try again. The second time, he was extraordinarily successful and his farm survived even through the Great Depression. In fact, in 1939, he was able to build St. Luke’s Lutheran Church, which has since expanded into a large Lutheran community. The Duda family started a sod division in the 1970s that has since flourished and continues today. The west entrance of Oviedo cuts straight through the sod farm.
Oviedo experienced a major growth spurt during the boom years of the 1920s, and new buildings and banks were built on the main street of downtown, named “Broadway”. Some of these buildings still remain, along with the complex of buildings surrounding the Nelson and Co. packing house, which was the center of Oviedo’s agricultural industry for decades. This agricultural complex eventually shut down for good during the 1980s after a series of winter freezes. At that time, commercial development had already replaced agriculture as Oviedo’s main industry.
Oviedo made the transition from a rural hamlet, to a town, and then, in 1967, became a city through a special referendum. Five miles south of Oviedo, in 1963, residents learned about the impending building of a “space university” in the Orlando Morning Sentinel. Many faculty and staff members of Florida Technological University (now the University of Central Florida) moved into Oviedo, and new businesses and industry soon followed. The adjacent Central Florida Research Park, originally established in 1978, has since become the largest research park in Florida. This has resulted in an exploding population with many new developments in recent years. As the city has grown, its animals have remained a part of the city’s character. Although hogs can no longer be seen walking free, chickens and roosters continue to roam the downtown area and have become an Oviedo attraction.
According to the United States Census Bureau, the city has a total area of 40.0 km (15.4 mi). 15.1 square miles (39 km) of it is land and 0.3 square miles (0.78 km) of it (2.07%) is water. Oviedo is located about 20 minutes from downtown Orlando, Florida, by highway (SR 417 and SR 408). The Econlockhatchee River runs through the east part of the city, and a tributary, the Little Econlockhatchee River, runs through the southern part of the city.
In August 2004, the northwestern side of Hurricane Charley passed directly over Oviedo while still a category 2 storm. More than half the city, as well as much of the surrounding unincorporated areas, had no power for five to seven days. School was not in session county-wide for one full school week. The damages ranged from toppled oaks to destroyed homes. The worst damage was in Palm Valley, a mobile home retirement community less than a mile from UCF. Charley’s damage in Oviedo is considered to be the worst in Seminole County history. Barely a month later, hurricanes Frances and Jeanne further battered the area resulting in additional damage and power outages, but they did not reach the level of Charley’s fury.
Tropical Storm Fay was stationary over Oviedo for days during 2008 with high winds, heavy rains, and flooded roads.
Hurricane Ian caused widespread damage across Florida in 2022, and Oviedo was one of the many cities impacted. The city’s lakes and the Little Econ River flooded, and entire streets in several neighborhoods were submerged.
According to the 2010 United States Census, there were 33,342 people and 11,125 households residing in the city. The racial makeup of the city was 81.9% white, 8.6% black or African-American, 3.8% Asian, 0.2% Native American, and 2.8% from two or more races. Hispanic or Latino of any race were 16.3% of the population.
By the 2017 estimate, there were 40,785 people and 11,717 households residing in the city. The racial makeup of the city was 79.9% white, 9.6% black or African-American, 4.4% Asian, 0.2% Pacific Islander, 0.1% Native American, and 2.5% from two or more races. Hispanic or Latino of any race were 21.3% of the population.
In 2010, there were 11,125 households, out of which 46.7% had children under the age of 18 living with them, 63.4% were married couples living together, 12.1% had a female householder with no husband present, 4.8% had a male householder with no wife present, and 3.4% had someone living alone who was 65 years of age or older. The average household size was 2.99 and the average family size was 3.28.
As of 2017, the population was spread out, with 25.9% under the age of 18 and 9.8% over the age of 65. The city was 51.4% female. The median income for a household in the city was $84,916, and the per capita income was $32,834. About 7.0% of the population was below the poverty line. Of adults twenty-five years or older, 95.4% graduated from high school, and 43.9% held a bachelor’s degree.
Most of the buildings in the downtown historic area were constructed between the end of the 19th and early 20th century. The Nelson and Company Historic District, the R.W. Estes Celery Company Precooler Historic District, the First Methodist Church of Oviedo, and several houses in Oviedo are listed in the National Register of Historic Places. The nearby Oviedo Mall features murals of historic areas along with pictures of early European and African-American settlers in the area.
State Road 434, which cuts through downtown Oviedo, is currently being widened and several buildings have been demolished. The Oviedo Preservation Project has been tasked with photographing and documenting the buildings for posterity.
An African-American Oviedo pioneer named Mathew Powell established the Antioch Missionary Baptist Church in April 1875.
Although not located in the downtown area, the historic Lake Charm settlement is nearby. This settlement, established by Henry Foster in the 1860s, became one of the first resorts in Florida. It lasted as a resort until the 1890s. Several winter homes built during that era still stand today.
In 2015, the city of Oviedo dedicated a brand new downtown development just south of the current “old downtown” along Oviedo Boulevard. The new town center, named “Oviedo on the Park”, is a mixed use development with townhouses, apartment homes, restaurants, and retail. It is centered around the new Center Lake Park with a man-made lake, large amphitheater, playground and veterans tribute.
The Oviedo Mall is a single-story indoor mall with a movie theater built in 1998.
The “Oviedo Lights” is a local roadside attraction.
“The Rising” is an annual walk past ten historic sites, featuring food and entertainment.
The East Branch of the Seminole County Public Library System is located in Oviedo on Division Street. The library is open 7 days a week except for certain holidays. This location provides curbside pick-up, 3D printing, free access to the Internet, meeting rooms available for reservation, and children, teen, and adult programs.
Oviedo’s Gym and Aquatic Center features a waterslide, water park, and pool. Riverside Park contains a pool, tennis courts and skate park.
Black Hammock Adventures is a complex that offers airboat rides and a display of live gators. Lukas Butterfly Encounter is also located in Oviedo. The Pinball Lounge, located in the Oviedo Bowling Center, has the largest concentration of pinball machines in the state.
The Seminole Voice and The Seminole Chronicle (publication ceased in July 2014) are both print newspapers that cover Seminole County news, with a focus on the Winter Springs, Oviedo, and Chuluota areas of the county. The Oviedo Voice has covered Oviedo since 1993. The Oviedo Citizen is an online publication that has been covering Oviedo news since August 2008.
Oviedo Medical Center, a 64-bed hospital and emergency room, opened in 2017.