Owner Operators Commercial Truck Insurance Near Me Homewood, Alabama
JDW Truckers Insurance can answer your questions regarding Owner Operators Commercial Truck Insurance Near Me Homewood, Alabama. 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 Homewood, Alabama with high AM Best Rating so when JDW Truckers Insurance helps you get your owner operators truck insurance in Homewood, Alabama 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.
Homewood is a city in southeastern Jefferson County, Alabama, United States. It is a suburb of Birmingham, located on the other side of Red Mountain due south of the city center. As of the 2010 census its population was 25,167, and in 2019 the estimated population was 25,377.
The first settlers of the area which would eventually become Homewood arrived in the early 1800s. The area’s population, however, did not grow significantly until Birmingham suffered a major cholera epidemic in 1873 (See Timeline of Birmingham, Alabama).
Speculators soon began buying up land and developing communities in the countryside surrounding Birmingham. Many of the smaller communities which would eventually become Homewood were developed during this time period, including Rosedale, Grove Park, Edgewood, and Oak Grove.
Edgewood saw the greatest amount of development. The community contained an Electric Railway leading to downtown Birmingham by 1911 and a man-made lake by 1915. The lake was created by the construction of a dam along Shades Creek near Columbiana Road. Two parallel roads were graded on either side of the lake with the intention of creating a race track around the lake, however these plans never came to fruition. The roads eventually became Lakeshore Drive and South Lakeshore Drive.
In 1926, a local attorney named Charles Rice started a movement to merge several of the communities surrounding Birmingham. In September of the same year, Rosedale, Edgewood, and Grove Park voted to incorporate under the name Homewood. The city of Hollywood, Alabama was annexed into Homewood in 1929.
In 1955, Oak Grove was also annexed into Homewood.
The Great Depression and a polio epidemic, which sickened 80 children in Homewood, greatly damaged Homewood’s economy and social landscape.
The regional economy picked up after the outbreak of World War II and the accompanying steel boom in Birmingham, where production ramped up in order to contribute to the war effort.
During the 1940s, Homewood’s police and fire departments doubled in size to accommodate a 73.9 percent increase in the city’s population from 1940 to 1950.
In 1959, Homewood voters defeated a move by Birmingham to annex the city. A second attempt supposedly succeeded in July 1964, but voting irregularities and lawsuits prevented the outcome of that election in the courts until September 9, 1966, when the Alabama Supreme Court ruled the 1964 vote null and void (See “City of Birmingham v. Bouldin”). In a special election on December 13, 1966, a vote for annexation failed with 65 percent of Homewood residents voting against the annexation.
Homewood avoided the worst of the turmoil associated with the Civil Rights Movement and, more specifically, the Southern Christian Leadership Conference’s 1963 Birmingham campaign. However, in September 1963, the Shades Valley Sun newspaper reported on a racially motivated bombing on Central Avenue in Rosedale.
In 1970, Homewood created its own school system, breaking away from the Jefferson County school system. The new Homewood High School opened in December 1972.
Hollywood is a former town annexed into Homewood, Alabama, in 1929. A historic district of much of the area is listed on the National Register of Historic Places as Hollywood Historic District. The district is roughly bounded by U.S. Highway 31, U.S. Highway 280, and Lakeshore Drive and is significant for the Mission Revival and Spanish Colonial Revival architectural style of surviving houses and other buildings.
Clyde Nelson began developing Hollywood Boulevard as a residential subdivision in 1926. He employed a sales force of 75, armed with the memorable slogan “Out of the Smoke Zone, Into the Ozone”, to entice Birmingham residents over Red Mountain. Architect George P. Turner designed many of the new homes in the Spanish Colonial Revival architecture, which had become fashionably linked with the glamour of Hollywood, California in the early days of the motion picture industry there. Turner also nodded to the English Tudor style which was already widespread in Birmingham and over the mountain.
The Hollywood Country Club on Lakeshore Drive (destroyed in 1984 by fire) and the American Legion Post 134 (originally Hollywood’s Town Hall) were also built at this time.
In order to support his new development, Nelson created the area’s first autobus line and extended the first natural gas pipeline into Shades Valley.
Hollywood incorporated as a town on January 14, 1927 with Clarence Lloyd as its first and only mayor. The town was annexed into Homewood on October 14, 1929. The Great Depression virtually ended development of the subdivision.
In 2002, the Hollywood Historic District was registered with the National Register of Historic Places, and is home to The American Institute of Architects (AIA)-nominated houses like 11 Bonita Drive. The listing includes 412 contributing buildings and one contributing site, over a 815 acres (330 ha) area.
Homewood is located at 33°28′6″N 86°48′29″W / 33.46833°N 86.80806°W (33.468306, -86.808146). According to the U.S. Census Bureau, the city has a total area of 8.3 square miles (21 km), all land.
The city, along with the rest of Jefferson County, lies atop iron, coal, and limestone deposits.
Shades Creek, which is part of the Cahaba River system, runs through Homewood.
At the 2000 census, there were 25,043 people, 10,688 households, and 5,878 families living in the city. The population density was 3,014.7 inhabitants per square mile (1,164.0/km). There were 11,494 housing units at an average density of 1,383.6 per square mile (534.2/km). The racial makeup of the city was 79.75% White, 15.30% Black or African-American, 0.20% Native American, 2.57% Asian, 0.03% Pacific Islander, 1.00% from other races, and 1.16% from two or more races. 2.80% of the population were Hispanic or Latino of any race.
Of the 10,688 households 27.2% had children under the age of 18 living with them, 41.0% were married couples living together, 11.4% had a female householder with no husband present, and 45.0% were non-families. 36.2% of households were one person and 9.4% were one person aged 65 or older. The average household size was 2.16 and the average family size was 2.87.
The age distribution was 20.3% under the age of 18, 17.8% from 18 to 24, 34.0% from 25 to 44, 17.3% from 45 to 64, and 10.6% 65 or older. The median age was 30 years. For every 100 females, there were 86.0 males. For every 100 females age 18 and over, there were 81.9 males.
The median household income was $55,431 and the median family income was $70,256. Males had a median income of $40,969 versus $34,694 for females. The per capita income for the city was $25,491. About 4.4% of families and 7.6% of the population were below the poverty line, including 4.5% of those under age 18 and 4.3% of those age 65 or over.
At the 2010 census, there were 25,167 people, 10,092 households, and 5,760 families living in the city. The population density was 3,032.2 inhabitants per square mile (1,170.7/km). There were 11,385 housing units at an average density of 1,371.7 per square mile (529.6/km). The racial makeup of the city was 69.696% White, 17.3% Black or African-American, 0.2% Native American, 2.2% Asian, 0.0% Pacific Islander, 5,000% from other races, and 1.4% from two or more races. 7.3% of the population were Hispanic or Latino of any race.
Of the 10,092 households 30.1% had children under the age of 18 living with them, 41.3% were married couples living together, 12.2% had a female householder with no husband present, and 42.9% were non-families. 34.4% of households were one person and 9.9% were one person aged 65 or older. The average household size was 2.31 and the average family size was 3.02.
The age distribution was 22.8% under the age of 18, 17.4% from 18 to 24, 30.8% from 25 to 44, 19.9% from 45 to 64, and 9.1% 65 or older. The median age was 29.8 years. For every 100 females, there were 88.2 males. For every 100 females age 18 and over, there were 86.3 males.
The median family income was $78,252. Males had a median income of $50,163 versus $41,023 for females. The per capita income for the city was $30,601. About 5.1% of families and 10.1% of the population were below the poverty line, including 6.9% of those under age 18 and 5.6% of those age 65 or over.
As of the 2020 United States census, there were 26,414 people, 9,566 households, and 5,866 families residing in the city.
The Homewood City School System is made up of five schools, including three elementary schools, one middle school and one high school:
Small Fleet Commercial Truck Insurance
Small fleet truck insurance encompasses a large portion commercial truck insurance policies that are written for truckers. You need an agent that understands these markets.
We will explain your options in detail. We answer your questions. How many trucks can I grow to? Can I add and remove trucks? How fast can I swap trucks? Can I have owner operators leased on? How fast can I get a COI?
Small fleet truck insurance pricing starts at 3 trucks. We work with 20 plus commercial truck insurance companies to help you find the best commercial truck insurance rates. Our carriers have high AM Best Ratings.
GET SMALL FLEET TRUCK INSURANCE QUOTES HERE
UIIA Insurance
No matter if you are a seasoned trucking operation hauling UIIA intermodal or you are looking to expand the cargo you are hauling. We have markets to help you either way.
Does your policy have the CA 2317 endorsement? What chassis pools are your working with? If you work with an EP that in not on the UIIA EP list. How is this handled? For example, Direct Chassis. Does your trailer interchange offer the same coverage as non-owned trailer coverage? Do you have the correct blanket AI and WOS endorsements? Do I need workers compensation? Can I work ports and rails? Is there a radius limit? You do not want to buy a commercial truck insurance policy only to find out it will not offer the correct UIIA coverages. Your agent should have a network of commercial truck insurance companies who offer the correct UIIA endorsements on your policy?
New Authority Truck Insurance Quotes
Shopping for the Best Trucking Insurance for New Authority can be task that never seems to end. You get phone call after phone call. And in many cases each agent you speak with may have a different story concerning what type of coverages you need and what is a good price. Chances are most new authorities shop for the best price. You want the least expensive but buying based upon price only could cost you more money in the long run. What if you buy insurance for your new authority based upon price only? Then find out shortly after you have paid your deposit and your policy is in place. The agent who sold you this policy did not tell you the restrictions your commercial truck insurance company has in place. They may not offer coverage for certain types of cargo or may restrict your growth. There are many pitfalls for buying just based upon price. It is good to shop and compare quotes, but do it based upon price and the know the restrictions that maybe enforced by the carrier. Not knowing these restrictions could get your policy cancelled. Or you may have to cancel the policy yourself to get insurance coverage with another carrier. Either way this could put you back to ground zero and cost you money. Talk with an agent at JDW Truckers Insurance who will help you shop for the best price with the correct coverages.
