Owner Operator Insurance Requirements Westlake, Ohio
JDW Truckers Insurance can answer your questions regarding Owner Operator Insurance Requirements Westlake, Ohio. 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 Westlake, Ohio with high AM Best Rating so when JDW Truckers Insurance helps you get your owner operators truck insurance in Westlake, Ohio 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.
Westlake is a city in Cuyahoga County, Ohio, United States. It is a suburb of Cleveland located 12 miles west of downtown Cleveland. The population was 34,228 at the 2020 census.
Westlake is located at 41°27′16″N 81°55′43″W / 41.45444°N 81.92861°W (41.454439, −81.928657).
According to the United States Census Bureau, the city has a total area of 15.93 square miles (41.26 km), all land.
The median income for a household in the city was $72,917, and the median income for a family was $98,223 (these figures had changed to $63,252 and $90,397 respectively as of a 2007 estimate). Males had a median income of $60,429 versus $36,999 for females. The per capita income for the city was $56,515. About 1.3% of families and 2.5% of the population were below the poverty line, including 1.7% of those under age 18 and 2.8% of those age 65 or over. Of the city’s population over the age of 25, 50.1% hold a bachelor’s degree or higher, while 81.3% spoke English, 1.62% Arabic, 1.5% Spanish, 1.3% Greek, and 0.7% German and Chinese.
As of the census of 2010, there were 32,729 people, 13,870 households, and 8,443 families living in the city. The population density was 2,054.6 inhabitants per square mile (793.3/km). There were 14,843 housing units at an average density of 931.8 per square mile (359.8/km). The racial makeup of the city was 91.2% White, 1.6% African American, 0.1% Native American, 4.9% Asian, 0.1% Pacific Islander, 0.6% from other races, and 1.6% from two or more races. Hispanic or Latino people of any race were 2.5% of the population.
There were 13,870 households, of which 26.2% had children under the age of 18 living with them, 51.4% were married couples living together, 6.9% had a female householder with no husband present, 2.5% had a male householder with no wife present, and 39.1% were non-families. Of all households 34.2% were made up of individuals, and 13.2% had someone living alone who was 65 years of age or older. The average household size was 2.30 and the average family size was 3.01.
The median age in the city was 45 years. Of the residents 21.5% were under the age of 18; 5.7% were between the ages of 18 and 24; 22.8% were from 25 to 44; 31% were from 45 to 64; and 19% were 65 years of age or older. The gender makeup of the city was 47.4% male and 52.6% female.
As of the census of 2000, there were 31,760 people, 12,830 households, and 8,186 families living in the city. The population density was 1,995.2 inhabitants per square mile (770.4/km). There were 13,648 housing units at an average density of 858.5 per square mile (331.5/km). The racial makeup of the city was 91.65% White, 0.95% African American, 1.36% Native American, 4.21% Asian, 0.01% Pacific Islander, 0.33% from other races, and 1.51% from two or more races. Hispanic or Latino people of any race were 1.27% of the population.
There were 12,826 households, out of which 28.5% had children under the age of 18 living with them, 55.9% were married couples living together, 5.8% had a female householder with no husband present, and 36.1% were non-families. Of all households 32.0% were made up of individuals, and 12.7% had someone living alone who was 65 years of age or older. The average household size was 2.37 and the average family size was 3.06.
In the city, the population was spread out, with 22.8% under the age of 18, 5.6% from 18 to 24, 26.8% from 25 to 44, 26.6% from 45 to 54, and 18.2% who were 55 years of age or older. The median age was 42 years. For every 100 females, there were 89.4 males. For every 100 females age 18 and over, there were 85.3 males.
The area now known as the city of Westlake was first settled on October 10, 1810. At the time, it was part of Dover Township.
In 1901, the northern part of the township seceded to form Bay Village. In 1912, a southern portion left to join North Olmsted. The remaining township residents formed Dover Village in 1913, taking with it a portion of Olmsted Township.
In order to avoid confusion with the city of Dover in Tuscarawas County, Dover Village was renamed Westlake in 1940. The village of Westlake became a city in 1957.
In September 1966, a house in Westlake which had recently been bought by John R. Compton, a black pastor, was firebombed. No one was injured, although the bombing did cause around $10,000 of damage. According to the Cleveland Press, the mayor of Westlake, Alexander R. Roman, “criticized the parties involved in the sale of the home… He said no one was notified so the community could be prepared to accept a Negro family.”
Companies headquartered in Westlake include Nordson, American Greetings, Hyland Software, and Scott Fetzer Company, TravelCenters of America, and Equity Trust.
According to the city’s 2021 Comprehensive Annual Financial Report, the top employers in the city are:
The Westlake City School District consistently places within the top 4% of statewide districts on the state education report card. The district received an achievement grade of 89.0% for the Performance Index and a grade of 95.% for the Indicators Met on the Ohio Department of Education’s 2013-2014 District Report Card.
The district mission statement is “We Educate for Excellence.”
Westlake High School is home to WHBS-TV, the Westlake High school Broadcasting System. WHBS-TV is seen on channels 99 and 18 on AT&T U-Verse and WOW! cable, respectively, in the Westlake area.
Crocker Park is a lifestyle center located on Crocker Road . It is essentially an outdoor mall with areas for recreation and socializing. The park is based on a small French town-type setting. There are also apartments and offices above some stores and restaurants. Townhouses are located on the southwest corner.
Westlake’s first sister city partnership with the Town of Tralee in Ireland was founded in 2009 and is recognized by Sister Cities International. In 2012 Westlake also became sister city to the Canadian town of Kingsville, Ontario.
