Owner Operator Insurance Requirements Wesley Chapel, Florida
JDW Truckers Insurance can answer your questions regarding Owner Operator Insurance Requirements Wesley Chapel, 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 Wesley Chapel, Florida with high AM Best Rating so when JDW Truckers Insurance helps you get your owner operators truck insurance in Wesley Chapel, 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.
Wesley Chapel is a census-designated place in Pasco County, Florida, United States. Wesley Chapel is a suburb in the Tampa Bay Area.
Wesley Chapel originated in the mid-1800s as a cohesive community of settlers. Evidence of Native American presence in the area has been documented as early as 10,000 BC. Lumber harvesting and turpentine production became prominent industries, while cash-crop farming, citrus, and livestock ranching provided sustenance for the pioneer settlement. Charcoal kilns, gator hunting, and moonshine stills supplemented incomes and spawned legends. The community was also identified by the monikers Gatorville, Double Branch, and Godwin. From 1897 to 1902, Wesley Chapel boasted its own post office, two sawmills, and a general store. Primitive roads left residents with an informal town nucleus, and services shifted to surrounding towns until the late 20th century, when postal service and incorporation emerged, and the lumber trusts of John D. Rockefeler, Otto Hermann Kahn, and Edwin Wiley morphed into sizable ranches. The pioneer Boyett(e), Gillett(e), Godwin, and Kersey families received land grants in the area in the 1840s. The real influx of settlers, however, began around the Civil War when the Stanleys and Coopers arrived. The population was 44,092 at the 2010 census, making it the most populous community in Pasco County. In 2003, some residents of Wesley Chapel started a movement to incorporate the community as a city (including areas not in the official CDP), but these plans never materialized.
Wesley Chapel is located at 28°10′43″N 82°21′2″W / 28.17861°N 82.35056°W (28.178688, -82.350676).
According to the United States Census Bureau, the CDP has a total area of 6.1 square miles (16 km), of which 6.1 square miles (16 km) is land and 0.04 square miles (0.10 km) (0.49%) is water.
Residents choose the area because of its proximity to Interstate 75 and Interstate 275, 25 miles north of Downtown Tampa, and other major locales. Adjacent to its south is the region of New Tampa, part of incorporated Tampa.
As of the census of 2010, there were 44,092 people, 15,745 households, and 11,841 families residing in the CDP. There were 17,764 housing units . The racial makeup of the CDP was 74.97% White, 20.12% Hispanic or Latino,(of any race) 11.39% African American, 0.25% Native American, 5.72% Asian, 0.11% Pacific Islander, 3.97% from other races, and 3.57% from two or more races.
There were 15,745 households, out of which 40.19% had children under the age of 18 living with them, 58.8% were married couples living together, 10.75% had a female householder with no husband present, and 24.8% were non-families. 18.58% of all households were made up of individuals, and 3.13% had someone living alone who was 65 years of age or older. The average household size was 2.80 and the average family size was 3.22.
In the CDP, the population was spread out, with 28.27% under the age of 18, 4.69% from 20 to 24, 32.58% from 25 to 44, 23.36% from 45 to 64, and 8.86% who were 65 years of age or older. The median age was 35.2 years..
Originally called Double Branch for the area’s twin creeks, the community was named for the Methodist church that stood on the northwest corner of SR 54 and Boyette Road. A popular nickname for the area was “Gatorville”.
The area has 3 middle schools and 3 high schools, most of which are new as well as 3 charter schools. Three planned malls have now opened, including the Shops at Wiregrass, Tampa Premium Outlets, and a big box mall called The Grove on the northern perimeter. The Grove also hosts a small outlet mall called KRATE at the Grove. Wiregrass is known for its well-reviewed restaurants, bars & shops. Cypress Creek Town Center & Tampa Premium Outlets are now open (2016–17) and continuously growing. Two new schools were built in 2007 and 2008, Dr. John Long Middle School and Wiregrass Ranch High School.
In 2016, Wiregrass Elementary opened its doors next to JLMS. In 2017, Cypress Creek Middle School and Cypress Creek High School opened as the 3rd middle school and high school in the town. Pasco Hernando State College-Porter Campus has been open since 2013 next to WRHS. Wesley Chapel has one of the highest concentrations of top ranked public schools in Florida according to Public School Review.
Wesley Chapel is home to the nation’s first “Man-Made Sparkling Lagoon” boasting a 7.5 acre freshwater pool in the Epperson Community.
It is home to many Worship homes and churches, rooted in the history of the growth of the town. This includes Iglesia de Dios Nueva Vida, on Boyette Road, Faith Lutheran Church on Foamflower Blvd, and Life Church on Old Pasco Road.
Wesley Chapel has been a major catalyst in the rapid growth of Pasco County, the 38th fastest-growing county in the nation. and retains much in the way of wildlife.
As of July 2007, a new county park opened at the southwest corner of Boyette and Overpass roads.
In March 2008, State Road 56 was extended east from its then terminus at Bruce B. Downs Boulevard to a temporary terminus at Meadow Pointe Boulevard. In late 2019, it was extended further east to its final terminus at US 301 in Zephyrhills. Wesley Chapel was also listed as one of the “8 boomtowns of 2008” by the Gadberry Group’s annual list.
Wesley Chapel has a new hospital called Advent Health (formerly Florida Hospital) at Wesley Chapel, and Pasco-Hernando State College’s latest campus, Porter Campus at Wiregrass Ranch.
