Owner Operators Truck Insurance Near Me Lafayette, Indiana
JDW Truckers Insurance can answer your questions regarding Owner Operators Truck Insurance Near Me Lafayette, Indiana. 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 Lafayette, Indiana with high AM Best Rating so when JDW Truckers Insurance helps you get your owner operators truck insurance in Lafayette, Indiana 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.
Lafayette ( LAH-fee-ET, LAF-ee-ET) is a city in and the county seat of Tippecanoe County, Indiana, United States, located 63 miles (101 km) northwest of Indianapolis and 125 miles (201 km) southeast of Chicago. West Lafayette, on the other side of the Wabash River, is home to Purdue University, which contributes significantly to both communities. Together, Lafayette and West Lafayette form the core of the Lafayette metropolitan area, which had a population of 224,709 in the 2021 US Census Bureau estimates.
According to the 2020 United States Census, the population of Lafayette was 70,783, a 25% increase from 56,397 in 2000. Meanwhile, the 2020 Census listed the neighboring city of West Lafayette at 44,595 and the Tippecanoe County population at 186,291.
Lafayette was founded in 1825 on the southeast bank of the Wabash River near where the river becomes impassable for riverboats upstream, though a French fort and trading post had existed since 1717 on the opposite bank and three miles downstream. It was named for the French general Marquis de Lafayette, a Revolutionary War hero.
When European explorers arrived at this area, it was inhabited by a tribe of Miami Indians known as the Ouiatenon or Weas. In 1717, the French government established Fort Ouiatenon across the Wabash River and three miles (5 km) south of present-day Lafayette. The fort became the center of trade for fur trappers, merchants and Indians. An annual reenactment and festival known as Feast of the Hunters’ Moon is held there each autumn.
The town of Lafayette was platted in May 1825 by William Digby, a trader. It was designated as the county seat of the newly formed Tippecanoe County the following year. Like many frontier towns, Lafayette was named for General Lafayette, a French officer who significantly aided George Washington’s Continental Army during the American Revolutionary War. Lafayette toured the United States in 1824 and 1825.
In its earliest days, Lafayette was a shipping center on the Wabash River. In 1838, Henry Leavitt Ellsworth, the first United States Patent Commissioner, published a booklet titled Valley of the Upper Wabash, Indiana, with Hints on Its Agricultural Advantages, to promote settlement of the region. By 1845, Ellsworth had purchased 93,000 acres (380 km) of farmland around Lafayette and moved there from Connecticut to supervise land sales. By 1847 Ellsworth was distributing broadsides looking for farmers to purchase his farmland. He became president of the Tippecanoe County Agricultural Society in April 1851 – despite some local resentment over what was called “the Yale Crowd” – but he was defeated the same year when he ran for the Indiana House of Representatives. Ellsworth Street and Ellsworth Historic District are named for him.
The Wabash and Erie Canal in the 1840s stimulated trade and affirmed Lafayette’s regional prominence. Railroads arrived in the town in the 1850s, connecting it with other major markets. The Monon Railroad connected Lafayette with other sections of Indiana.
Lafayette was the site of the first official airmail delivery in the United States on 17 August 1859, when John Wise piloted a balloon starting on the Lafayette courthouse grounds. Wise hoped to reach New York; however, weather conditions forced the balloon down near Crawfordsville, Indiana, and the mail reached its final destination by train. In 1959, the US Postal Service issued a 7¢ airmail stamp commemorating the centennial of the event.
Lafayette is located at 40°24′38″N 86°52′29″W / 40.410585°N 86.874681°W (40.410585, −86.874681) and is located in Fairfield and Wea Townships. Elevation at the court house is 550 feet (168 m), but city elevations range from a little over 500 feet (150 m) at the Wabash River to approximately 700 feet (210 m) in the areas of Murdock Park and Columbian Park.
According to the 2010 census, Lafayette has a total area of 27.74 square miles (71.85 km), all land.
Historic Neighborhoods
In recent years, temperatures in Lafayette have ranged from an average low of 17 °F (−8 °C) in January to a high of 86 °F (30 °C) in July, although a record low of −33 °F (−36 °C) was recorded in January 1985 and again in January 1994; and a record high of 105 °F (41 °C) was recorded in June 1988. Average monthly precipitation ranged from 1.58 inches (40 mm) in February to 4.24 inches (108 mm) in June.
Lafayette is the larger principal city of the Lafayette-Frankfort CSA, a Combined Statistical Area that includes the Lafayette metropolitan area (Benton, Carroll, and Tippecanoe counties) and the Frankfort micropolitan area (Clinton County), which had a combined population of 212,408 at the 2000 United States Census.
As of the 2010 United States Census, there were 67,140 people, 28,545 households, and 15,863 families in the city. The population density was 2,420.3 inhabitants per square mile (934.5/km). There were 31,260 housing units at an average density of 1,126.9 per square mile (435.1/km). The racial makeup of the city was 74.2% White, 11.2% African American, 0.4% Native American, 1% Asian, 0.0% from other races, and 2.7% from two or more races. Hispanic or Latino of any race were 16.3% of the population.
There were 28,545 households, of which 29.4% had children under the age of 18 living with them, 36.7% were married couples living together, 13.7% had a female householder with no husband present, 5.2% had a male householder with no wife present, and 44.4% were non-families. 34.9% of all households were made up of individuals, and 9% 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 3.00.
The median age in the city was 31.9 years. 23.8% of residents were under the age of 18; 12.9% were between the ages of 18 and 24; 29.9% were from 25 to 44; 22.2% were from 45 to 64, and 11.3% were 65 years of age or older. The gender makeup of the city was 48.7% male and 51.3% female.
As of the 2000 United States Census, there were 56,397 people, 24,060 households, and 13,666 families in the city. The population density was 2,806.5 inhabitants per square mile (1,083.6/km). There were 25,602 housing units at an average density of 1,274.1 per square mile (491.9/km). The racial makeup of the city was 88.91% White; 3.22% African American; 0.37% Native American; 1.22% Asian; 0.04% Pacific Islander; 4.61% from other races, and 1.62% from two or more races. Hispanic or Latino of any race were 9.11% of the population.
There were 24,060 households, out of which 27.0% had children under the age of 18 living with them; 42.5% were married couples living together; 10.2% had a female householder with no husband present; and 43.2% were non-families. 33.2% of all households were made up of individuals, and 9.4% had someone living alone who was 65 years of age or older. The average household size was 2.31 individuals and the average family size was 2.98.
The city population contained 23.2% under the age of 18; 14.2% from 18 to 24; 31.3% from 25 to 44; 19.3% from 45 to 64; and 12.0% who were 65 years of age or older. The median age was 32 years. For every 100 females, there were 97.7 males. For every 100 females age 18 and over, there were 95.3 males.
The median income for a household in the city was $35,859, and the median income for a family was $45,480. Males had a median income of $32,892 versus $23,049 for females. The per capita income for the city was $19,217. About 8.0% of families and 12.1% of the population were below the poverty line, including 15.8% of those under age 18 and 4.6% of those age 65 or over.
The government consists of a mayor – elected in a citywide vote – and a city council of nine members. Six are elected from individual districts; three are elected at-large.
K-12 public education in Lafayette is provided by the Lafayette School Corporation. The Tippecanoe School Corporation also administers county schools nearby. New Community School was a tuition-free elementary charter school (sponsored by Ball State University) located on the north side of Lafayette that permanently closed at the end of 2016. Beacon Academy was a charter school that was located in West Lafayette and closed in 2018.
The Lafayette area has four branch locations of the Tippecanoe County Public Library:
Newspapers
Television
From 1953 until the 2016 launch of WPBI-LD, WLFI-TV had been the only “Big Three” (ABC, CBS and NBC—or, including Fox, “big four”) commercial network television broadcaster in the Lafayette market. With the 2017 launch of WPBY-LD, local broadcasts of all “big four” networks became available.
WRTV, WTHR, WTTV, and WXIN, the respective ABC, NBC, CBS, and Fox affiliates in Indianapolis which had been carried by cable and satellite providers in the Lafayette market as “out-of-market” stations, remain viewable in the area via a large over-the-air antenna or, in some cases, via a subscription satellite or streaming service. Cable provider Comcast Xfinity discontinued its remaining carriage of Indianapolis-based “big four” stations on March 7, 2018, but resumed carriage of WTHR and WRTV two days later.
Commercial Radio Stations
Non-commercial Radio Stations
No airports are located within Lafayette city limits. The nearest general aviation airport is Purdue University Airport (LAF) in West Lafayette. The nearest commercial airport which currently has scheduled airline service is Indianapolis International Airport (IND), located approximately 60 miles (97 km) southeast of Lafayette in Indianapolis.
Amtrak, the national passenger rail system, provides passenger rail service to Lafayette through the Cardinal to Chicago, Washington D.C., and New York City. Norfolk Southern; CSX; Kankakee, Beaverville and Southern Railroad; and Toledo, Peoria and Western Railway (RailAmerica) provide freight rail service. Many lines that originally passed through the downtown were redirected in the mid-1990s to a rail corridor near the Wabash River.
Much of the area’s economy centers around the academic and industrial activities of Purdue University, although private industry and commerce independent of the university also exist in the community, with multiple large manufacturing operations in the city employing thousands of workers. Some examples:
For notable residents associated with Purdue University, see List of Purdue University people.
10 minutes North of Lafayette lies Prophet Rock, where the Prophet Tenskwatawa, the half brother of Tecumseh, stood watch encouraging the local Shawnee Native Americans to fight against the encamped army forces of William Henry Harrison in the Battle Of Tippecanoe in 1811. Tenskwatawa was a spiritual leader, but not a military man. His brother was out of town as the U.S. Army forces marched North, with hopes to destroy Prophetstown. Tenskwatawa had sought to have a meeting with Harrison to discuss how to avoid going to war. In the evening before the war, he sought a spiritual vision that led him to believe that Harrison must be assassinated. Early in the morning of November 6, the warriors attacked Harrison’s militia and war ensued. The warriors fell weak in supplies against the militia, and succumbed. Prophetstown was taken over where the militia stole supplies and burnt it down. The rock where Tenskwatawa stood still stands over the battlefield, though now covered with much taller trees. The rock can be accessed by scaling its front or by hiking the ridge that leads to the top.
The Martin Jenners headstone is at the Spring Vale Cemetery in Lafayette. Jenners was a Civil War veteran who was known as the first white person born in Tippecanoe County and as an outspoken atheist. Originally located in Greenbush Cemetery, his headstone is unique because he had it placed in the cemetery fourteen years before his death, with this inscription: “My only objection to religion is that it is not true. No preaching, no praying, no psalm singing on this lot.” Jenners’ headstone cites two verses that contradict each other, hence making the Bible untrue: I Corinthians 15:52, which talks about believers being raised from the dead “in a twinkling of an eye”, and Isaiah 26:14, which states “They are now dead, they live no more; their spirits do not rise.” The headstone received national attention at the time, despite attempts to have it removed, and it continued to draw visitors from around the country. Jenners’ headstone inscription has been cited by believers as an example of Bible writings being taken out of context.
Lafayette has two sister cities as designated by Sister Cities International.
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.