Owner Operator Insurance Requirements Ponte Vedra Beach, Florida
JDW Truckers Insurance can answer your questions regarding Owner Operator Insurance Requirements Ponte Vedra Beach, 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 Ponte Vedra Beach, Florida with high AM Best Rating so when JDW Truckers Insurance helps you get your owner operators truck insurance in Ponte Vedra Beach, 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.
Ponte Vedra Beach is a wealthy unincorporated seaside community and suburb of Jacksonville, Florida in St. Johns County, Florida, United States. Located 18 miles (29 km) southeast of downtown Jacksonville and 26 miles (42 km) north of St. Augustine, it is part of the Jacksonville Beaches area, and on the island nicknamed San Pablo Island.
The area is known for its resorts, including the Ponte Vedra Inn and Club, the Lodge and Club, and the Marriott at Sawgrass. It lies within St. Johns County, which is the wealthiest county in Florida. Ponte Vedra Beach is an upper-income tourist resort area best known for its association with golf and is home to the PGA Tour and the Players Championship, hosted at TPC Sawgrass.
What is now north Florida was visited several times by European explorers in the 16th century, but there is little evidence for them specifically coming to Ponte Vedra Beach. It may have been sighted by Juan Ponce de León during his voyage to Florida in 1513, but as his precise landfall is unknown, this claim can be made by many communities on the east coast of Florida.
The area remained sparsely populated through the late 19th century, even as other seaside communities began to develop to the north. Minerals were discovered in 1914, and a community known as Mineral City grew around the mining operations. These minerals, mostly titanium (ilmenite), zircon, and rutile were recovered from beach sands by the Buckman and Pritchard Mining Company. The National Lead Company bought Buckman and Pritchard in 1921 and discontinued mining as demand dropped after World War I. In 1929 it began to develop the area to be similar to The Cloister in Sea Island, Georgia. Colonel Joseph C. Stehlin, who had been with the company in St. Louis, arrived on January 1, 1929, to manage development.
The company wanted a more impressive name than Mineral City for its resort, so Colonel Stehlin and his wife, Elizabeth (née Morton), went to the library in St. Augustine to research various possibilities for a new name. Since Florida had been under Spanish rule, they looked on an old map and found the name Pontevedra on the Atlantic coast of Spain at “approximately” the same latitude as Mineral City. (Pontevedra, Spain, however, is over 800 miles farther north at about the same latitude as Boston.) The Galician name of the town was derived from a Roman bridge (“pontis vetera” or “old bridge”) that spanned the nearby Lérez River centuries earlier. Colonel Stehlin submitted the name to the National Lead board for approval and Mineral City became Ponte Vedra.
In the early 1920s, the National Lead Company built a nine-hole golf course designed by Herbert Bertram Strong, one of the founders of the PGA, plus a 12-room clubhouse constructed of logs for the use of its employees. After the company left the area, that real estate became the foundation of the Ponte Vedra Club.
Stockton, Whatley, Davin & Co., a local developer, became the owner of the Ponte Vedra Corporation in July 1934.
During World War II the German submarine U-584 debarked four saboteurs at Ponte Vedra as part of the failed Operation Pastorius. The four German spies, all of whom had previously lived in the United States, came ashore on the night of June 16, 1942 carrying explosives and American money. After landing they strolled up the beach to Jacksonville Beach, where they caught a city bus to Jacksonville and departed by train for Cincinnati and Chicago. The invaders were captured before they could do any damage. They were tried by a military tribunal and executed.
In 1972, real estate developers broke ground on the 1,100-acre (4.5 km) Sawgrass development. In the mid-1970s, Deane Beman, the Commissioner of the PGA golf tour, was looking for a permanent home for the Tournament Players Championship. Many places in northern Florida were being considered. In an attempt to bring positive attention to the area, developer Paul Fletcher offered a 400-acre (1.6 km) tract of land to Beman for $1.
Beman could not refuse this one dollar deal for the future home of The Players Championship and the headquarters of the PGA Tour. The Sawgrass Stadium Course has been the permanent home of The Players Championship since 1982.
Ponte Vedra Beach is wholly located east of the Intracoastal Waterway, south of the Duval County line, and north of Vilano Beach. The South Ponte Vedra Beach community is commonly considered to be a part of Ponte Vedra Beach. The Ponte Vedra area includes Ponte Vedra, Ponte Vedra Beach, South Ponte Vedra Beach (an area between the Atlantic and Guana Tolomato Matanzas National Estuarine Research Reserve), Sawgrass, and Palm Valley. In June 2006, the U.S. Postal Service designated an area to the south and southwest of the 32082 area as Ponte Vedra (as distinct from Ponte Vedra Beach) and assigned it the ZIP code 32081.
Median household income in Ponte Vedra Beach is $102,918 and median family income is $109,181. The median age is 49.0. The Ponte Vedra area is known for being a very affluent area of North Florida, and boasts one of the best school districts in Florida. Ponte Vedra Beach was 50th on the list of 100 finalists for CNN and Money Magazine’s 2005 List of the Best Places to Live. It was the first place in Florida to be named in that year and one of only four areas in the state to make the cut. As of August 1, 2012 the average house costs around $720,000.
Public primary and secondary schools in Ponte Vedra Beach are administered by the St. Johns County School District. Allen D. Nease High School and Ponte Vedra High School, which was constructed to relieve the overcrowding of Allen D. Nease High School, serve as the two public high schools in the Ponte Vedra area. Alice B. Landrum Middle School is one of the primary, public middle schools in the area. There is also a K-8 school in the area called Valley Ridge Academy. The Ponte Vedra Palm Valley-Rawlings Elementary School serves as one of the primary, public elementary schools (K-5) in the area, as well as Ocean Palms Elementary School.
Ponte Vedra offers private education (K-8) at the Palmer Catholic Academy. Also, the Bolles School has one of their two lower school campuses in Ponte Vedra Beach, and offers education from pre-kindergarten to fifth grade before transferring students to the middle and high schools located in Jacksonville, Florida.
Additionally, the St Johns County Public Library System has a Ponte Vedra Beach branch library.
Famous past and present residents of Ponte Vedra:
30°14′N 81°23′W / 30.233°N 81.383°W
