Owner Operator Insurance Requirements Portage, Indiana
JDW Truckers Insurance can answer your questions regarding Owner Operator Insurance Requirements Portage, 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 Portage, Indiana with high AM Best Rating so when JDW Truckers Insurance helps you get your owner operators truck insurance in Portage, 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.
Portage ( POR-tij) is a city in Portage Township, Porter County, in the U.S. state of Indiana, on the border with Lake County. The population was 37,926 as of the 2020 census. It is the largest city in Porter County, and third largest in Northwest Indiana.
Prior to European settlement, Native Americans lived in Northwest Indiana. Mound Builders left a mound in the area now known as McCool, though the mound was destroyed in the early 1900s. Following the Mound Builders, the Wea tribe inhabited the area. The Wea were forced south by the Potawatomi.
Jacques Marquette, Louis Jolliet, Louis Hennepin or François Pétis de la Croix may have explored the area. Potawatomi chief, Leopold Pokagon, encouraged his tribe to sell tribal lands to European settlers. In 1812, Garyton became one of the first communities in Portage Township.
Samuel Putnam Robbins was among the first settlers, coming from Hocking County, Ohio, and he settled near modern-day Robbins Road between McCool Road and Indiana Highway 149. In 1834, Joseph Wolf squatted on land currently near the modern-day community of South Haven and operated dairy and beef farms there. Other early settlers included Berret Door, Reuben Hurlburt, Wilford Parrott, the Spurloch brothers, William McCool, Benjamin James (and his son, Allen James), and William Holmes. Jacob Blake arrived in Portage in 1833.
Before Portage became a town, it consisted primarily of three separate communities in addition to much farmland. They were named McCool, Crisman and Garyton. In 1950, those communities only had 2,116 residents. La Porte County maintained jurisdiction over Porter County in 1835, and founded Portage Township that year.
Portage Township was primarily a farming community until railroad development began in the 1850s and 1860s. The first railroad to build in the area was the Michigan Central, completed in 1852. The Michigan Central connected Detroit to Chicago. This enabled local farmers to easily ship livestock, dairy and crops to Chicago and any other stop along the way. It was a boon to the farmers of the area at the time and enabled them to buy more land for farming. The Michigan Central was later bought by the New York Central Railroad.
The next railroad to build through the Portage area was the Baltimore and Ohio in 1874. This railroad crossed the Michigan Central at Willow Creek, near the village of Crisman. The Willow Creek Confrontation occurred in 1874, when the Michigan Central refused to allow the Baltimore and Ohio to cross its track. The situation was eventually resolved peacefully, and a crossing was made. Sand was also an industry in Portage due to demand in the growing city of Chicago. The railroads enabled sand to be delivered to Chicago more efficiently.
Between the 1870s and the depression era, Portage did not grow very much. It has been estimated that between 1880 and 1950, the growth rate averaged only about 64 people per year. This is despite the growth of towns to the west such as Gary, Hammond and East Chicago due to the industrialization of steel mills. Portage was not unaffected by the Great Depression. Due to the steel mills being in economic trouble, the farmers of Portage did not have demand to produce their products. As a result of this, the farmers had food, but no money. Many even lost their farms.
Like many communities in the country, World War I and World War II affected the economy of Portage in a big way. Steel mills geared into high production and labor was in high demand, thus drawing many people to the area.
After the war, the economy remained strong because of the high demand for automobiles and appliances, for
both of which the steel was produced at the steel mills. The population of post-war Portage grew very quickly. In the early 1950s, people came from Kentucky, southern Indiana and Illinois. Most were seeking the steady salary available in the steel mills and related industries.
National Steel opened a plant along the shore of Lake Michigan in Portage in 1959. This brought in about 1,600 new jobs. The Port of Indiana was also built in 1961 to accommodate trade with the world via Lake Michigan. In 1963, Bethlehem Steel began construction of a plant which was located partly in Portage. This project brought about 6,000 jobs to the area.
In 1959, Portage was incorporated as a town. Ogden Dunes and South Haven were excluded because the residents of these areas did not wish to be included in the town. Due to the surge of population after the war, many farmers were selling land to be subdivided into lots for families to build homes. In 1967, Portage officially became a city. During the 1950s and 1960s, the city of Gary was going through a time of racial strife. White people of Gary were seeking a way out of the turmoil, which drew many people to Portage during this time.
Portage is still a heavily industrial city. While primarily dependent on the steel industry, the 1980s brought a decline in the steel industry. As a result, C.O.I.L. (the Community Organization on Industrial Location) was formed. This organization promotes diversified industry in the area. They have had part in developing the Coca-Cola bottling plant and further development of the Port of Indiana.
Very few farms are still active in the Portage area. However, many original descendants of founding families are still in the area.
Portage has seen many new green technology industries locate to the community since the early 2000s including Fronius USA. In 2016, the City opened a new police station and Fire Station in the downtown corridor. The new police station is triple the size of the former station on Irving Street.
Portage is located at 41°34′55″N 87°11′12″W / 41.581850°N 87.186553°W (41.581850, −87.186553).
According to the 2010 census, Portage has a total area of 27.614 square miles (71.52 km), of which 25.63 square miles (66.38 km) (or 92.82%) is land and 1.984 square miles (5.14 km) (or 7.18%) is water.
As of the census of 2010, there were 36,828 people, 13,992 households, and 9,751 families living in the city. The population density was 1,436.9 inhabitants per square mile (554.8/km). There were 14,807 housing units at an average density of 577.7 per square mile (223.1/km). The racial makeup of the city was 83.6% White, 7.3% African American, 0.4% Native American, 0.9% Asian, 5.2% from other races, and 2.6% from two or more races. Hispanic or Latino of any race were 16.4% of the population.
There were 13,992 households, of which 36.3% had children under the age of 18 living with them, 49.0% were married couples living together, 14.6% had a female householder with no husband present, 6.1% had a male householder with no wife present, and 30.3% were non-families. 24.3% of all households were made up of individuals, and 9% had someone living alone who was 65 years of age or older. The average household size was 2.61 and the average family size was 3.10.
The median age in the city was 36.4 years. 25.7% of residents were under the age of 18; 8.5% were between the ages of 18 and 24; 27.5% were from 25 to 44; 26.2% were from 45 to 64; and 12.1% were 65 years of age or older. The gender makeup of the city was 48.4% male and 51.6% female.
As of the census of 2000, there were 33,496 people, 12,746 households, and 9,011 families living in the city. The population density was 1,315.8 inhabitants per square mile (508.0/km). There were 13,375 housing units at an average density of 525.4 per square mile (202.9/km). The racial makeup of the city was 92.52% White, 1.45% African American, 0.27% Native American, 0.64% Asian, 0.06% Pacific Islander, 3.20% from other races, and 1.86% from two or more races. Hispanic or Latino of any race were 9.94% of the population.
There were 12,746 households, out of which 34.7% had children under the age of 18 living with them, 53.7% were married couples living together, 12.2% had a female householder with no husband present, and 29.3% were non-families. 23.9% of all households were made up of individuals, and 9.1% had someone living alone who was 65 years of age or older. The average household size was 2.60 and the average family size was 3.09.
In the city, the population was spread out, with 26.0% under the age of 18, 9.4% from 18 to 24, 29.9% from 25 to 44, 22.8% from 45 to 64, and 11.8% who were 65 years of age or older. The median age was 35 years. For every 100 females, there were 94.2 males. For every 100 females age 18 and over, there were 91.0 males.
The median income for a household in the city was $47,500, and the median income for a family was $54,316. Males had a median income of $46,224 versus $25,428 for females. The per capita income for the city was $20,146. About 5.8% of families and 7.5% of the population were below the poverty line, including 10.6% of those under age 18 and 5.6% of those age 65 or over.
The commercial airport nearest Portage is the Gary/Chicago International Airport in Gary. Chicago’s O’Hare International Airport and Chicago Midway International Airport are also in close proximity and provide the bulk of flights servicing Portage.
Coach USA’s Airport SuperSaver service stopped at Central & Irving intersection, connecting Portage to Chicago’s airports and several other North Indiana cities and town. Riders used to take westbound buses to Highland, Crestwood and O’Hare and Midway Airport and eastbound buses to Michigan City, South Bend and Notre Dame. Buses ran between Westbound buses ran every hour. Eastbound buses to Michigan City ran every hour while eastbound buses to South Bend and Notre Dame ran every two hours. Coach USA ceased all operations of its Indiana Airport SuperSaver service effective January 1, 2020.
Portage is also connected to Chicago, Illinois and South Bend, Indiana by the South Shore Line. Passengers can board the train at the Portage/Ogden Dunes Station, which is located immediately east of Ogden Dunes in Portage.
Portage is intersected by several major highways, including Interstate 94 and Interstates 80/90 (Indiana Toll Road) as well as U.S. Route 6, U.S. Route 12, U.S. Route 20, and Indiana 149 and Indiana 249.
Also located on the shores of Lake Michigan is the Port of Indiana.
The Portage Township School system comprises 11 public schools: 8 elementary schools (grades K–5), 2 middle schools (grades 6–8), and one senior high school (grades 9–12). Portage Township Schools is an Indiana Exemplary District and has two Four Star schools in the district.
There are two private schools in Portage:
There was a third private school, Marantha Christian Academy, but it is now closed.
Portage has a public library, a branch of the Porter County Public Library System.