Owner Operators Commercial Truck Insurance Near Me Southlake, Texas
JDW Truckers Insurance can answer your questions regarding Owner Operators Commercial Truck Insurance Near Me Southlake, Texas. 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 Southlake, Texas with high AM Best Rating so when JDW Truckers Insurance helps you get your owner operators truck insurance in Southlake, Texas 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.
Southlake is a city located predominantly in Tarrant County with minor areas extending into Denton County in the U.S. state of Texas. Southlake is a suburb of Dallas/Fort Worth. As of the 2019 census estimate it had a population of 32,376.
The Southlake area was settled in the 1840s, but was not incorporated as Southlake until 1956, four years after the construction of Grapevine Lake was completed. Before incorporation, the settlements of Whites Chapel, Dove, Union Church and Jellico made up present day Southlake. The nearby town of Hurst had intended on annexing the area that is now Southlake in 1956, but local residents voted on Sept. 25, 1956 to form the town of Southlake. Anthony Gail Eubanks was elected the first mayor, and his daughter chose the name Southlake due to its proximity to the newly completed Grapevine Lake. The area remained rural until the completion of the DFW International Airport in the 1970s. Due to the close proximity to the airport, Southlake became a boomburb throughout the 1980s, 1990s and 2000s.
Southlake is located at 32°56′48″N 97°8′43″W / 32.94667°N 97.14528°W (32.946678, −97.145230). According to the United States Census Bureau, the city has a total area of 22.5 square miles (58 km), of which, 21.9 square miles (57 km) of it is land and 0.6 square miles (1.6 km) of it (2.45%) is water.
It is in proximity to Dallas–Fort Worth International Airport.
As of 2019, there was 32,376 people, 9,192 households, and over 5,958 families residing in the city. The population density was 983.0 inhabitants per square mile (379.5/km). There are 6,614 housing units at an average density of 302.1 per square mile (116.6/km). The ethnic composition of the population of Southlake is composed of 25,554 White residents (78.9%), 5,148 Asian residents (15.9%), 2,072 Hispanic residents (6.4%), 550 Black residents (1.7%), and 809 from two or more races.
At the 2020 United States census, there were 31,265 people, 9,323 households, and 8,398 families residing in the city. In 2020, its racial makeup was 68.81% non-Hispanic white, 2.4% African American, 0.18% Native American, 15.4% Asian, 0.03% Pacific Islander, 0.49% some other race, 5.06% multiracial, and 7.63% Hispanic or Latino of any race.
According to a 2019 estimate, the median income for a household in the city was in excess of $240,248, higher than any other city in the DFW Metroplex, and the median income for a family was $176,259. The mean household income for Southlake is $216,393. Males had a median income of $100,000 versus $46,042 for females. The per capita income for the city was $47,597. As of 2010, 43% of homes had an income of more than $200,000. About 1.3% of families and 1.8% of the population were below the poverty line, including 2.0% of those under age 18 and 2.1% of those age 65 or over.
Sabre Holdings, an S&P 500 company, is headquartered in Southlake in the Solana business park. Industrial businesses include gasoline storage and distribution and concrete works on the east side of town off Highway 114 near DFW Airport.
Southlake is well known for its Southlake Town Square project, a shopping center located on State Highway 114 and Southlake Boulevard. A plan was approved in March 2005 that allowed the Town Square’s area to be doubled. The new additions to Town Square were completed in the summer of 2006, making it one of the most popular shopping centers in the Metroplex.
According to Southlake’s 2021 Annual Comprehensive Financial Report, the top employers in the city are:
Incorporated in 1956, the City of Southlake’s home rule charter was approved by voters on April 4, 1987, operating under a Council-Manager form of government. Services provided by the City under general governmental functions include public events, public safety, planning and development, engineering, street maintenance, parks operation and maintenance, recreation, library services, and general administrative services. According to the city’s 2013–2014 Comprehensive Annual Financial Report, the city’s various funds had $104.2 million in revenues, $79.6 million in expenditures, $678.6 million in total assets, $182.1 million in total liabilities, and $108.8 million in cash and investments.
The vast majority of Southlake is in the Carroll Independent School District. This school district contains the following schools:
Elementary:
Intermediate:
Middle:
High schools:
All Carroll ISD schools share the logo and mascot of the dragon. The school district is currently ranked by the Texas Education Agency as the largest all exemplary school district in the state.
The Denton County portions of the city are in the Northwest Independent School District, while the extreme western portions are in the Keller Independent School District, and extreme eastern portions are in the Grapevine-Colleyville Independent School District. As of the 2013–2014 school year, any residents of the city of Southlake that lives outside of the Carroll ISD boundaries are allowed to attend a Carroll ISD school, if they apply through the school district. All of the district’s schools are listed as “Exemplary” by Texas Education Association standards.
Sections in GCISD are zoned to: Cannon Elementary School, Grapevine Middle School, and Grapevine High School.
A number of private schools are also located in Southlake, among them:
There is no bus or other public transport within city limits. The nearest train station is Grapevine-Main Street station at around 4 mi (6.4 km) distance from the town center.
Southlake Sister Cities is a non-profit organization belonging to Sister Cities International and maintains a relationship with 2 sister cities: Tome, Japan and Wuzhong, China. These relationships consist of student exchange programs as well as adult delegations between the cities.
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.
