Owner Operator Insurance Requirements The Acreage, Florida
JDW Truckers Insurance can answer your questions regarding Owner Operator Insurance Requirements The Acreage, 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 The Acreage, Florida with high AM Best Rating so when JDW Truckers Insurance helps you get your owner operators truck insurance in The Acreage, 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.
The Acreage is an unincorporated community located in Palm Beach County, Florida, United States, with a population of 41,654. It is located in the areas north of Royal Palm Beach and Loxahatchee Groves, and is approximately 18 miles (29 km) northwest of West Palm Beach. It straddles the western fringes of the highly developed eastern portion of Palm Beach County and the agricultural-rural western portions. Its large, spacious home site lots, dirt roads and many wooded areas give the area a rural character, although it is widely considered to be an exurban outgrowth of the South Florida Metropolitan Area. The Acreage is located solely within the Indian Trail Improvement District, responsible for maintaining the road and drainage systems within its boundaries. The Acreage’s ZIP codes are 33411 (Royal Palm Beach), 33412 (West Palm Beach), and 33470 (Loxahatchee).
The Acreage was originally developed by Samuel Friedland and his development company, Royal Palm Beach Colony, Inc., with the name of Royal Palm Beach Colony, as a community to house workers that were employed by the nearby Callery Judge and Mecca Citrus Groves. Workers were given 1-acre (4,000 m) lots and coupled with few land restrictions.
Isolated local flooding occurs yearly, leading sometimes to road closures, with Hurricane Irene being the most memorable to the area. The 2004 hurricane season, in which Hurricane Frances and Hurricane Jeanne struck the area in a three-week period, doing considerable damage to the older, wooden cottage style houses while the modern houses in the area received mostly cosmetic damage.
It is also surrounded by several nature preserves, and the area blurs the line between rural and suburban. Rapid development of the area has a recent push for incorporation and is now notably more built up than nearby Loxahatchee Groves, which was incorporated as a town in 2006.
As of the 2020 United States census, The Acreage had a population of 41,654 with 12,422 households and a persons per household rate of 3.28. The population per square mile was 1,215.4.
By age, the population was split with 4.4% under 5 years old, 22.3% under 18 years old, and 12.3% 65 years and older. 48.8% were female persons.
By race the population was split with 62.5% white (non-Hispanic), 14.3% black or African American, 0.3% American Indian or Alaska Native, 1.7% Asian, 6.5% two or more races, and 17.9% Hispanic or Latino. There were 2,088 veterans living in the CDP and 18.9% of the population were foreign born persons.
The owner-occupied housing rate was 89.6%. The median value of owner-occupied housing units was $356,600. The median monthly owner costs with a mortgage was $1,987 and without a mortgage was $657. The median gross rent was $1,988. 98.5% of households had a computer and 92.1% had a broadband Internet subscription. 80.3% of the population 25 years and older were high school graduates or higher and 21.4% of that same population had a Bachelor’s degree or higher. The median household income was $89,56 and the per capita income was $33,483. 4.8% of the population lived below the poverty threshold.
Commercial businesses, shopping and schools are mostly located on the fringes of the area, notably Northlake Boulevard/Coconut Boulevard and Orange Boulevard/Seminole Pratt Whitney Road, while the center of area is mostly residential with a few garden nurseries on the major streets.
A proposed post office is expected to open up in the 33412 area of the town along with a pharmacy, supermarket food chains, doctor’s offices, and bank chains.
In April 2012, The Acreage Branch Library opened to serve the local community. The Acreage Branch is a 30,000-square-foot facility on Orange Blvd. just east of Seminole Pratt Whitney Road. It is the first LEED-certified county building. The branch has a variety of materials including CDs, DVDs, new arrivals, books, newspapers and magazines. There are four private study rooms and a larger group study room. Express lending stations for fast, efficient service. There are two-themed areas designed especially for children and teens with ample room for materials and comfortable seating. Study carrels and lounge seating areas throughout the branch. Special features include a family restroom with child-sized facilities.
The branch also features an Art in Public Places light sculpture, “Productive Light”, by Laura Haddad and Tom Drugan. The sculpture includes a suspended “orange tree” light sculpture, a photovoltaic system, an interactive “sun panel”. The branch has horse hitching post stations for those arriving on horseback.
McDonald’s also recently made its home at the intersection of Seminole Pratt and Orange, next to Walgreens. Four country clubs are now included in the 33412 area of The Acreage including the Ibis Country Club where house prices can exceed $3 million. Land taxes and insurance prices are among the highest in Palm Beach County, far surpassing those of anywhere else in the western communities.
The Minto Westlake housing development passed with 5 votes to begin construction building its 4,500-home community. While the new development expects to have an economic impact of over $1 billion over the next decade, it conflicts with the rural feel of The Acreage, and thus has been met with a mix of opposition and encouragement in the decision to develop. Westlake incorporated as a city in 2016.
The community features nine parks.
The Acreage Athletic League is the area’s youth sports provider.
The community is served by the School District of Palm Beach County.
The area is served by the Sun-Sentinel, West Palm Beach WPTV-TV, Radio, the Town-Crier and The Palm Beach Post.
There are a few major paved roads in the community, with the vast majority of the roads unpaved, partly due to the equestrian presence in the area. Local residents have been deadlocked for years on creating additional roadway access to the area to relieve heavy traffic on the existing roadway network, as many residents want to maintain the peace and quiet in this rural area. The ongoing State Road 7 road extension is one such example, as until recently, construction was delayed as many residents and environmental groups wanted to protect the local wildlife, but it has eased traffic coming in and out of the area.
The area is not served by sewer and water systems and almost all homes have on-site well and septic systems. On-site ponds, large drainage swales, numerous canals, and houses on elevated land pads help alleviate flooding in this flat, low lying inland area.
