Owner Operator Insurance Requirements Spring Hill, Tennessee
JDW Truckers Insurance can answer your questions regarding Owner Operator Insurance Requirements Spring Hill, Tennessee. 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 Spring Hill, Tennessee with high AM Best Rating so when JDW Truckers Insurance helps you get your owner operators truck insurance in Spring Hill, Tennessee 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.
Spring Hill is a city in Maury and Williamson counties, Tennessee, located approximately 30 miles (48 km) south of Nashville. Spring Hill’s population as of 2020 was 50,005. Spring Hill is recognized as the 4th fastest growing city in Tennessee by the U.S. Census Bureau and is included in the Nashville metropolitan area.
The first settlers of Spring Hill arrived in 1808 and the city was established in 1809. Albert Russell was the first person to build a home on the land that became Spring Hill.
Spring Hill was the site of a Civil War battle, now known as the Battle of Spring Hill, on November 29, 1864.
Later, Spring Hill was the home of a preparatory school, Branham and Hughes Military Academy, the campus of which now serves as the main campus of Tennessee Children’s Home, a ministry associated with the Churches of Christ.
On January 10, 1963, an F3 tornado tore through the center of the town, damaging many buildings and causing $500,000 in damage.
As the Nashville metro area continues to grow, Spring Hill has seen rapid growth in recent years with a population of 23,462 in 2007, a 2010 census population of 29,036 and a population of 31,140 in 2012. In 2018, Spring Hill officially hit 40,000 residents.
In November, 2015, the Spring Hill Board of Mayor and Aldermen approved the ‘Spring Hill Rising: 2040’ comprehensive plan. The plan outlines the city’s long-term development vision and ways to accomplish that vision. In 2016, the city hired Chicago-based planning and zoning consultant, Camiros Ltd, to oversee the creation of a new zoning code to implement the vision described in ‘Spring Hill Rising: 2040’.
On December 4, 2017, entities building a Chick-fil-A tore down a grain silo. A memorial plaque to the silo opened in 2018. The silo had no major recorded history but was perceived by the town community as a landmark that signaled the beginning of the town. The idea of the memorial was originally posited as a joke but became serious.
Spring Hill is located at 35°45′9″N 86°54′50″W / 35.75250°N 86.91389°W (35.752556, -86.914021).
According to the United States Census Bureau, the city has a total area of 29.14 square miles (75.47 km), of which 29.09 square miles (75.35 km) is land and 0.05 square mile (0.12 km) (0.17%) is water.
As of the 2020 United States census, there were 50,005 people, 12,727 households, and 10,582 families residing in the city.
As of the 2010 United States Census, there were 29,036 people, 9,861 households, and 7,884 families living in the city. The population density was 1,640.45 persons per square mile and the housing unit density was 557.12 units per square mile. The racial makeup of the city was 89.14% White, 5.39% Black or African American, 1.64% Asian, 0.24% Native American, 0.17% Pacific Islander, 1.53% from other races, and 1.90% from two or more races. Those of Hispanic or Latino origins were 5.65% of the population.
Of the 9,861 households, 50.34% had children under the age of 18 living in them, 67.26% were married couples living together, 2.80% had a male householder with no wife present, 9.89% had a female householder with no husband present, and 20.05% were non-families. 16.49% of all households were made up of individuals, and 3.26% had someone living alone who was 65 years of age or older. The average household size was 2.94 and the average family size was 3.33.
Of the 29,036 residents, 33.89% were under the age of 18, 61.08% were between the ages of 18 and 64, and 5.02% were 65 years of age or older. The median age was 31.9 years. 51.46% of the residents were female, and 48.54% were male.
The median household income in the city was $72,744 and the median family income was $78,125. Males had a median income of $54,905 versus $42,216 for females. The per capita income for the city was $27,709. About 2.8% of families and 3.6% of the population were below the poverty line, including 4.4% of those under the age of 18 and 2.9% of those age 65 and over.
Spring Hill was the site of the Saturn Corporation production facility, which operated from 1990 to 2007. The Saturn S-Series, Saturn ION, and Saturn VUE were produced there. In 2007, General Motors Corporation (GM), the parent company of Saturn, shut down the facility to retool it for production of other GM vehicles and renamed it Spring Hill Manufacturing. The plant reopened in February 2008 and became the assembly point for the new Chevrolet Traverse. However, after a battle among plants in Spring Hill, Orion Township, Michigan and Janesville, Wisconsin, GM announced on June 26, 2009 that they had chosen to build a new small car in Orion Township. Nearly 2,500 Spring Hill auto workers were faced with lay-off, buy-out and early retirement. The vehicle assembly part of the Spring Hill plant was idled in late 2009 when production of the Traverse was moved to Lansing, Michigan, while production of power trains and metal stamping continued. In November 2011, GM announced plans for retooling of the vehicle assembly portion of the plant for use as an “ultra-flexible” plant which will initially be used to build the Chevy Equinox and GMC Terrain but will be designed for rapid retooling to other vehicles of similar size. In April of 2021 General Motors and South Korean joint-venture partner LG Energy Solution said they will build a second U.S. battery cell manufacturing plant, revealing plans for a $2.3 billion factory in Spring Hill, Tennessee.
Spring Hill has gone through rapid development and growth in recent years, causing General Motors to reopen their auto plant and begin hiring locally again, which will hire 1,000 new people. In addition, companies such as Ryder and Goodwill have announced new facilities in the Spring Hill area.
Spring Hill is run by a mayor elected at-large and a board of eight alderman.
The city is served by both Maury County Public Schools and the Williamson County School District, depending on which county one is located in.
Interstate 65 passes through the eastern part of the city, but the only exit currently within city limits is State Route 396. An interchange on the north side of the city at June Lake Boulevard is scheduled to open in June 2023. State Route 396, known locally as Saturn Parkway, provides an east-west freeway connection into the city with two exits before terminating at Beechcroft Road near the GM plant. U.S. Route 31 is the main north-south arterial through Spring Hill. It is alternatively called both Columbia Pike on the south side of town and Nashville Highway on the north side. State Route 247 is a major east-west road through the city.
Rippavilla Plantation, which is located at 5700 Main Street (US 31, Nashville Highway), offers educational activities and an annual corn maze among other attractions. The historic Battle of Spring Hill site is located off Kedron Road and is open for self-guided tours year round.
