Owner Operator Insurance Requirements Valparaiso, Indiana
JDW Truckers Insurance can answer your questions regarding Owner Operator Insurance Requirements Valparaiso, 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 Valparaiso, Indiana with high AM Best Rating so when JDW Truckers Insurance helps you get your owner operators truck insurance in Valparaiso, 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.
Valparaiso ( vahl-pə-RAY-zoh), colloquially Valpo, is a city and the county seat of Porter County, Indiana, United States. The population was 34,151 at the 2020 census.
The site of present-day Valparaiso was included in the purchase of land from the Potawatomi people by the U.S. Government in October 1832. Chiqua’s town or Chipuaw was located a mile east of the current Courthouse along the Sauk Trail. Chiqua’s town existed from or before 1830 until after 1832. The location is just north of the railroad crossing on State Route 2 and County Road 400 North.
Located on the ancient Native American trail from Rock Island to Detroit, the town had its first log cabin in 1834. Established in 1836 as Portersville, county seat of Porter County, it was renamed to Valparaiso (meaning “Vale of Paradise” in Old Spanish) in 1837 after Valparaíso, Chile, near which the county’s namesake David Porter battled in the Battle of Valparaiso during the War of 1812. The city was once called the “City of Churches” due to the large number of churches located there at the end of the 19th century. Valparaiso Male and Female College, one of the earliest higher education institutions admitting both men and women in the country, was founded in Valparaiso in 1859, but closed its doors in 1871 before reopening in 1873 as the Northern Indiana Normal School and Business Institute. In the early 20th century, it became Valparaiso College, then Valparaiso University. It was initially affiliated with the Methodist Church but after 1925 with the Lutheran University Association (which has relationships both with the Lutheran Church Missouri Synod, and with the Evangelical Lutheran Church in America) and expanded significantly after World War II.
From the 1890s until 1969, there were no African-American residents in Valparaiso. This has been attributed to Valparaiso being a sundown town. There was also substantial activity by the Ku Klux Klan, which negotiated to purchase Valparaiso University in 1923. The first African-American family to move to Valparaiso faced intimidation and eventually left the city when a visiting relative was murdered. In recent years, the city’s racial composition has diversified.
Valparaiso also has a long history of being a transportation hub for the region. In 1858, the Pittsburgh, Fort Wayne and Chicago Railroad reached Valparaiso, connecting the city directly to Chicago. By 1910, an interurban railway connected the city to Gary, Indiana. Today, while the city no longer has a passenger train station, it is still very much a part of the “Crossroads of America” due to its proximity to I-65, I-80, I-90, and I-94. Additionally, the Canadian National railroad still runs freight on the tracks, including through the downtown area.
Until 1991, Valparaiso was the terminal of Amtrak’s Calumet commuter service.
The city is situated at the junctions of U.S. Route 30, State Road 2, and State Road 49.
According to the 2010 census, Valparaiso has a total area of 15.578 square miles (40.35 km), of which 15.53 square miles (40.22 km) (or 99.69%) is land and 0.048 square miles (0.12 km) (or 0.31%) is water.
The city is situated on the Valparaiso Moraine.
Glaciation has left numerous features on the landscape here. Kettle lakes and knobs make up much of this hilly area of Northwest Indiana. The Pines Ski Area is the only remaining kame in the city; the other one is under the university’s Chapel of the Resurrection, however, grading of land in that area makes that particular kame almost nonexistent. Many glacial erratics can be found throughout the city. The moraine has left the city with mostly clay soil.
As of the census of 2010, there were 31,730 people, 12,610 households, and 7,117 families residing in the city. The population density was 2,043.1 inhabitants per square mile (788.8/km). There were 13,506 housing units at an average density of 869.7 per square mile (335.8/km). The racial makeup of the city was 89.9% White, 3.3% African American, 0.3% Native American, 2.1% Asian, 0.1% Pacific Islander, 2.2% from other races, and 2.1% from two or more races. Hispanic or Latino of any race were 7.1% of the population.
There were 12,610 households, of which 28.7% had children under the age of 18 living with them, 41.6% were married couples living together, 10.9% had a female householder with no husband present, 3.9% had a male householder with no wife present, and 43.6% were non-families. 34.5% of all households were made up of individuals, and 11.3% had someone living alone who was 65 years of age or older. The average household size was 2.28 and the average family size was 2.99.
The median age in the city was 33.4 years. 21.3% of residents were under the age of 18; 15.9% were between the ages of 18 and 24; 26.9% were from 25 to 44; 22.8% were from 45 to 64; and 13.1% were 65 years of age or older. The gender makeup of the city was 48.6% male and 51.4% female.
As of the census of 2000, there were 27,428 people, 10,867 households, and 6,368 families residing in the city. The population density was 971.6/km (2,515.4/mi). There were 11,559 housing units at an average density of 409.4/km (1,060.1/mi). The racial makeup of the city was 94.35% White, 1.60% African American, 0.23% Native American, 1.49% Asian, 0.02% Pacific Islander, 0.79% from other races, and 1.52% from two or more races. Hispanic or Latino of any race were 3.34% of the population.
There were 10,867 households, out of which 28.8% had children under the age of 18 living with them, 45.9% were married couples living together, 9.7% had a female householder with no husband present, and 41.4% were non-families. 33.4% of all households were made up of individuals, and 10.9% had someone living alone who was 65 years of age or older. The average household size was 2.27 and the average family size was 2.93.
In the city, the population was spread out, with 21.2% under the age of 18, 17.4% from 18 to 24, 28.1% from 25 to 44, 20.2% from 45 to 64, and 13.1% who were 65 years of age or older. The median age was 33 years. For every 100 females, there were 91.8 males. For every 100 females age 18 and over, there were 88.5 males.
The median income for a household in the city was $45,799, and the median income for a family was $60,637. Males had a median income of $46,452 versus $26,544 for females. The per capita income for the city was $22,509. About 4.8% of families and 9.1% of the population were below the poverty line, including 8.1% of those under age 18 and 7.5% of those age 65 or over.
The city holds two major festivals every year: the Popcorn Festival and the Porter County Fair. The Popcorn Festival is held on the first Saturday after Labor Day. It honors Orville Redenbacher, a former resident who built a popcorn factory there. Redenbacher participated in most of the festival’s parades until his death in 1995. The festival also features foot racing events and multiple concerts in addition to typical fair activities. The Porter County Fair consists of carnival attractions and hosts a variety of shows such as a demolition derby, motocross races, and live musical performances.
Valparaiso has a public library, a branch of the Porter County Public Library System.
There are a number of buildings and districts in the city listed on the National Register of Historic Places.
Valparaiso has an extensive city park district. In 2005 there were 13 parks with another in the planning stages.
200 East (East McCord Rd) – a community park with a playground; where many of the city’s legendary athletes played football as youngsters. Football at 200 East Park is a staple for young kids growing up in the neighborhood.
Bicentennial Park (Burlington Beach Road & Campbell St) – Provides a full range of activities, including a playground, basketball courts, ball diamond and picnic shelters. A prairie restoration is under way in the north half of the park.
Central Park Plaza (Lincolnway and Lafayette St) – is the centerpiece of the Downtown Valparaiso revitalization and opened the summer of 2011. It has an outdoor amphitheater for concerts and other special events as well as a splash pad in the center of the park for kids to play.
Fairgrounds Park (Calumet & Evans Avenues) – Has the largest complex of ball diamonds and soccer fields in the city. A playground and basketball court are available. Numerous city sports leagues use Fairgrounds Park for their games and tournaments. The park is surrounded by a paved walking circuit that is well occupied on nice days.
Foundation Meadows (Campbell Street & Bullseye Lake Rd) – One of the city’s newer parks.
Glenrose South (1500 Roosevelt Road) – Provides several ball diamonds and when school is out, Thomas Jefferson Middle Schools track is available for those interested in walking. Glenrose South has been the home of the Valparaiso Fourth of July Fireworks display and celebration since 2005.
Jessee-Pifer Park (Elmhurst & Madison Streets) – a community park with a basketball court and picnic shelter.
Kirchhoff Miller Woods, (Roosevelt Road & Institute St – a community park that provides for basketball, baseball, tennis, picnicking and a playground.
Ogden Gardens/Forest Park (Campbell Street and Harrison Blvd) – Ogden Gardens is the home of the city’s botanical garden. The Campbell Street end is a formal garden with a variety of planting that bloom throughout the year. The Gazebo is a favorite place for weddings, wedding pictures and high school prom pictures. A Japanese garden is included with a 22,000-gallon Koi pond. Forest Park is to the west with an open grassy picnic area below a wooded picnic area with a shelter.
Rogers-Lakewood Park (Meridian Road (N Campbell Street)) – Provide opportunities for swimming, fishing, and hiking trails. It is connected to the north side communities of Valparaiso by the Campbell Street Bike Trail (hiking and biking).
Tower Park (Evans Ave and Franklin St.) is a community park that offers basketball, baseball, tennis, pickleball, picnicking, and a playground. During winter months, one of the basketball courts is turned into the community skating rink.
Valplayso/Glenrose North (Glendale Blvd and Roosevelt Rd) is the home of Valplayso, a community-designed and community-built playground. At the other end of the parking lot are several ball fields. Separated from Glenrose South by only the Middle Schools track, Glenrose North hosts over half of the community during the Fourth of July Celebration.
West Side Park (Joliet Rd) is a community park with a ball field and a playground.
Will Park (Morgan Blvd and Brown St) is a community park with a basketball court, playground, and picnic shelter.
Valparaiso is building a series of bike trails across the city. Currently, (March 2012) most of the identified bike routes are part of the county’s system of recommended roads and streets.
Campbell Street Bikeway runs from Rogers-Lakewood Park south 2.5 miles (4.0 km) to Vale Park Road (CR 400 N). It continues south on the opposite side of Campbell St. base Valparaiso High School, ending 2 miles (3.2 km) south at Ogden Gardens (Harrison Blvd).
At Vale Park, it connects to the Vale Park trail to Valparaiso Street 1 mile (1.6 km). A new bike loop 3 miles (4.8 km) is being built that circles north along Valparaiso Street to Bullseye Lake Rd, east to Cumberland Crossing (not open to the public (2008), south to Vale Park, turning west to on Vale Park to return to the corner of Vale Park and Valparaiso Street.
At Glendale, the Campbell Street Bikeway connects to the Glendale cross town bike lane. These travel east 2 miles (3.2 km) on Glendale, ending on North Calumet at the Walgreens corner.
Valparaiso has an elected mayor, an elected clerk-treasurer, and an elected council. All of these positions are elected for four-year terms in November of the year before a presidential election year and assumes office on January 1.
Valparaiso University was founded in 1859, and occupies 310 acres (130 ha) on the south side of the city near downtown. The university is a cultural center of the city, hosting venues such as the Brauer Museum of Art, with more than 2,700 pieces of 19th- and 20th century American art.
Ivy Tech operates one of its 23 regional campuses in the city. From 2006 until 2016, Purdue University North Central had a two-building satellite campus in Valparaiso.
Valparaiso is served by two regional newspapers:
North Valpo Neighbors and South Valpo Neighbors are published in Valparaiso.
The primary local radio stations are WLJE 105.5 FM “Indiana 105”, which broadcasts country music, WAKE 1500 AM, which plays adult standards, and WVLP 98.3 FM “ValpoRadio”, a non-profit, low power FM community radio station. Valparaiso formerly had a fourth local station, WNWI 1080 AM, which relocated to Oak Lawn, Illinois in 1998 and is now a Chicago-market station. Radio is usually from the Chicago market.
Valparaiso gets all of its water from wells that draw water from depths between 90 and 120 feet (37 m). The supply is treated with chlorine solution to remove the iron. Valparaiso also has three sewer retention basins.
Valparaiso’s energy is provided by NIPSCO. The Schaeffer Power Plant is located south of Valparaiso, in Wheatfield.
A city bus service, the V-Line, was founded in 2007. It operates between downtown, the university, shopping centers, the city’s northern neighborhoods, and Dune Park station of the Northern Indiana Commuter Transit District.
On October 6, 2008, Valparaiso inaugurated an express bus service to and from Chicago, Illinois called ChicaGo DASH. Buses depart Valparaiso on weekday mornings and return from Chicago in the evenings.
Valparaiso is served by four highways. U.S. Route 30 is the major east–west artery on the southern side of the city. Indiana State Road 49, the major north–south artery, connects with Chesterton, Indiana and the Indiana Toll Road. Indiana Route 130 runs northwest to Hobart, Indiana. Indiana State Road 2, which connects South Bend and Lowell, passes through the southeast corner of the city.
Three railroads pass through the city. The Norfolk Southern Railway operates on the tracks that were previously the Nickel Plate Road, the Canadian National is the former Grand Trunk Western Railroad and the Chicago, Fort Wayne and Eastern Railroad operates on the tracks that were previously used by the Pennsylvania Railroad.