Owner Operators Commercial Truck Insurance Near Me Wake Forest, North Carolina
JDW Truckers Insurance can answer your questions regarding Owner Operators Commercial Truck Insurance Near Me Wake Forest, North Carolina. 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 Wake Forest, North Carolina with high AM Best Rating so when JDW Truckers Insurance helps you get your owner operators truck insurance in Wake Forest, North Carolina 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.
Wake Forest is a town in Franklin, Granville and Wake counties in the U.S. state of North Carolina; located almost entirely in Wake County, it lies just north of the state capital, Raleigh. At the 2020 census, the population was 47,601. That is up from 30,117 in 2010, up from 12,588 in 2000. The U.S. Census Bureau estimates the city’s population to be 47,601 as of April 1, 2020. In 2007, the town was listed by Forbes magazine as the 20th fastest growing suburb in America, with a 73.2 percent increase in population between 2000 and 2006. Wake Forest was the original home of Wake Forest University for 122 years before it moved to Winston-Salem in 1956.
The U.S. Office of Management and Budget also includes Wake Forest as a part of the Raleigh-Durham-Cary Combined Statistical Area, which has a population of 2,106,463 as of U.S. Census 2020 Population Estimates. The Office of Management and Budget redefined the Federal Statistical Areas and dismantled what had been for decades the Raleigh-Durham-Chapel Hill Metropolitan Statistical Area. They have now been split them into two separate Metropolitan Statistical Areas labeled Raleigh-Cary and Durham-Chapel Hill. However they still function as one Research Triangle (or colloquially The Triangle) metropolitan area.
In 1832, Dr. Calvin Jones, originally from New England, bought 615 acres (2.49 km) of forested land in Wake County, North Carolina. He built his plantation here. The sparsely populated area became known as the Forest of Wake, or Wake Forest. Jones sold his farm to the North Carolina Baptist Convention for $2,000, who opened the Wake Forest Manual Labor Institute, later Wake Forest College, on the site. The Raleigh & Gaston Railroad, completed in 1840, established a depot in nearby Forestville that stimulated the school and surrounding village. College leaders convinced the railroad to move the depot even closer to the college in 1874, leading to more economic development. This community was incorporated as the “Town of Wake Forest College” in 1880. In 1909, the word “College” was removed from the name of the town. The college moved to the much larger city of Winston-Salem in 1956. Southeastern Baptist Theological Seminary began offering classes on the original campus of Wake Forest University in 1950, and occupied the entire campus when the university completed its move.
Wake Forest operates under the council–manager form of government. The citizens elect a mayor and board of commissioners as the town’s governing body. The town manager is appointed by the board to serve as the chief operating officer administering all municipal affairs. The current mayor is Vivian A. Jones (R, term expires 2025) and the board of commissioners are James E. “Jim” Dyer (R, 2023), Nick Sliwinski (R, 2025), Chad D. Sary (R, 2023), R. Keith Shackleford (D, 2025), and Adam B. Wright (D, 2023).
A new town hall facility opened in downtown Wake Forest in September 2010, and was LEED Platinum certified in November 2011. All town departments are housed in the facility, except police (which has its own building nearby) and public works.
Wake Forest is located at 35°58′24″N 78°31′8″W / 35.97333°N 78.51889°W (35.973289, -78.518789).
According to the United States Census Bureau, the town has a total area of 15.2 square miles (39.4 km), of which 15.1 square miles (39.1 km) is land and 0.1 square miles (0.3 km) (0.80%) is water.
Wake Forest is located in the northeast-central region of North Carolina, where the North American Piedmont and Atlantic Coastal Plain regions meet. This area is known as the “Fall Line” because it marks the elevation inland at which waterfalls begin to appear in creeks and rivers. Its central Piedmont location situates Wake Forest approximately three hours by car west of Atlantic Beach, and four hours east of the Great Smoky Mountains.
Wake Forest enjoys a moderate subtropical climate, with moderate temperatures in the spring, fall, and winter. Summers are typically hot with high humidity. Winter highs generally range in the low 50s °F (10 to 13 °C) with lows in the low-to-mid 30s °F (-2 to 2 °C), although an occasional 60 °F (15 °C) or warmer winter day is not uncommon. Spring and fall days usually reach the low-to-mid 70s °F (low 20s °C), with lows at night in the lower 50s °F (10 to 14 °C). Summer daytime highs often reach the upper 80s to low 90s °F (29 to 35 °C). The rainiest months are July and August.
As of the 2020 United States census, there were 47,601 people, 14,732 households, and 11,104 families residing in the town.
The town is served by twelve public schools which are administered by the Wake County Public School System and Granville County Public School System. Public schools include:
Charter schools include Franklin Academy (K-12),Wake Forest Charter Academy (K-8), Endeavor Charter School (K-8), and Envision Science Academy (K-8). Private schools include Thales Academy, All Saints Academy, and St. Catherine of Siena Catholic School, serving grades K-8. Wake Forest is also home to two Montessori schools, Wake Forest Montessori and Children’s House of Wake Forest.
Wake Technical Community College is an area two-year college with a north campus on Louisburg Road in Raleigh. Southeastern Baptist Theological Seminary is a seminary of the Southern Baptist Convention. It began offering classes in 1950 on the original campus of Wake Forest University and is commonly known by its acronym, SEBTS.
Wake Forest hosts the annual Wake Forest Dance Festival every fall at E. Carroll Joyner Park.
The DuBois Center is listed on the National Register of Historic Places. The W. E. B. DuBois School opened in 1926 for the African-American community in Wake Forest before racial segregation ceased in 1971. After the school outgrew the facility and moved to a new location, the building was vacant for a decade until the DuBois Alumni Association purchased the building and made it into a community center.
Other listings in or near Wake Forest on the National Register of Historic Places are the Bailey-Estes House, Downtown Wake Forest Historic District, Glen Royall Mill Village Historic District, Lea Laboratory, Oakforest, Powell House, Purefoy-Chappell House and Outbuildings, Purefoy-Dunn Plantation, Rock Cliff Farm, Royall Cotton Mill Commissary, South Brick House, Thompson House, Wake Forest Historic District, Wakefield Dairy Complex, and Wakefields.
Wake Forest Historical Museum, also known as the Dr. Calvin Jones House, was built in 1820 and was the residence of the first president of Wake Forest College and the center of activities that took place at the school. The museum displays the history of the town of Wake Forest as well as Wake Forest University. The house contains collections of photos, books, college publications, furniture, documents, professors’ writings, and medical, law and sports memorabilia.
The Wake County Public Library System operates a branch in Wake Forest.
Wake Forest is home to the Falls Lake State Recreation Area. Falls Lake Park contains the 12,000-acre (49 km) Falls Lake and 26,000 acres (110 km) of woodlands.
Wake Forest is served by ten parks and community centers. They include the following:
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.
