Owner Operators Truck Insurance Near Me New Albany, Indiana
JDW Truckers Insurance can answer your questions regarding Owner Operators Truck Insurance Near Me New Albany, 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 New Albany, Indiana with high AM Best Rating so when JDW Truckers Insurance helps you get your owner operators truck insurance in New Albany, 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.
New Albany is a city in Floyd County, Indiana, United States, situated along the Ohio River, opposite Louisville, Kentucky. The population was 37,841 as of the 2020 census. The city is the county seat of Floyd County. It is bounded by I-265 to the north and the Ohio River to the south, and is considered part of the Louisville, Kentucky Metropolitan Statistical Area. The mayor of New Albany is Jeff Gahan, a Democrat; he was re-elected in 2019.
The land of New Albany was officially granted to the United States after the American Revolutionary War. The territory had been captured by George Rogers Clark in 1779. For his services Clark was awarded large tracts of land in Southern Indiana including most of Floyd County. After the war, Clark sold and distributed some of his land to his fellow soldiers. The area of New Albany ended up in the possession of Col. John Paul.
New Albany was founded in July 1813 when three brothers from New York —Joel, Abner, and Nathaniel Scribner—arrived at the Falls of the Ohio and named the site after the city of Albany, New York. They purchased the land from Col. John Paul. New Albany was platted by John Graham on land owned by the Scribner brothers. In 1814, Joel and Mary Scribner built their home in New Albany; the Scribner House still stands today.
New Albany was incorporated as a town in 1817 as part of Clark County. In 1819, three years after Indiana was admitted as a state, New Albany became the seat of government for newly established Floyd County. A courthouse was finally built in 1824.
New Albany grew rapidly and was the largest city in Indiana from 1816 until 1860, when it was overtaken by Indianapolis. Before the Civil War, over half of Hoosiers worth over $100,000 lived in New Albany, making it by far the wealthiest part of the state. The steamboat industry was the engine of the city’s economy during the mid-19th century. Fueled by abundant forests for lumber, at least a half-dozen shipbuilders were in operation and turned out a multitude of steamboats and packet boats, including the Robert E. Lee, Eliza Battle, the Eclipse, and the A.A. Shotwell. Shipbuilding was accompanied by a wide range of ancillary business including machine shops, foundries, cabinet and furniture factories, and silversmith shops. Its second largest business was the American Plate Glass Works.
In 1847, the city was connected to the port at Michigan City, Indiana on Lake Michigan via the Monon railroad. In 1853, the New Albany High School opened, the first public high school in the state. The original school was built at the corner of West First Street and Spring Street. New Albany would also be the first in the state to create a consolidated school district several years later.
Ashbel P. Willard, governor of the state of Indiana, dedicated the Floyd County Fairgrounds in 1859. That year, the Indiana State Fair was held in New Albany. During the Civil War, the fairgrounds were converted to become Camp Noble and used as a muster point for the area’s regiments.
During the American Civil War, New Albany served as both a supply center for Union troops and as a medical care center for wounded soldiers. Up to 1,500 wounded soldiers were treated in New Albany during the war, and many non-medical buildings were converted into makeshift hospitals.
In 1862, Abraham Lincoln established one of the first seven national cemeteries in New Albany for burying the many war dead. Despite the ongoing war, a new courthouse was built in 1865, which was used until the 1960s, when the current City-County courthouse was constructed, also the first in Indiana.
The Town Clock Church, now the Second Baptist Church, was used as the New Albany stop in the Underground Railroad. The original steeple was destroyed by a lightning strike in 1915, and a new replica steeple was not completed until 101 years later in 2016.
During the Civil War, New Albany businesses were boycotted by Confederates because it was in a Union state and by the North because it was considered too friendly to the South. Indianapolis overtook New Albany as Indiana’s largest city in 1860, and across the river, Louisville’s population grew much faster. New Albany never regained its original stature. The once robust steamboat industry ended by 1870, with the last steamboat built in New Albany named, appropriately, the Robert E. Lee.
During the second half of the 19th century, New Albany experienced an industrial boom despite the collapse of the steamboat industry. The advent of railroads created economic opportunity for the city as a pork packing and locomotive repair center. A bridge was built across the Ohio River in 1886, providing a rail and road connection with Kentucky. American Plate Glass Works opened in 1865 and employed as many as 2,000 workers. When the factory relocated in 1893, New Albany lost a large part of its population and went into economic decline.
In the early 20th century, New Albany became a center of plywood and veneer manufacturing, and its largest employer was the New Albany Veneering Company. By 1920, New Albany was the largest producer of plywood and veneer in the world, with other producers including Indiana Veneer Panel Company and Hoosier Panel Company.
On March 23, 1917, a tornado struck the north side of New Albany, killing at least 46 people.
Interstate 64 was built through New Albany in 1961 and led to the construction of the Sherman Minton Bridge. The project cost $14.8 million. The bridge was named for U.S. Senator and later U.S. Supreme Court Justice Sherman Minton, who was a native of nearby Georgetown and practiced law in New Albany. The bridge was named the “most beautiful long-span bridge of 1961” by the American Institute of Steel Construction.
Charles A. Prosser lived in New Albany for much of his life. Charles Allen Prosser School of Technology was named in honor of his accomplishments as the “father of vocational education.”
In the mid and late 20th century, New Albany became an innovator in using electronic media in education. New Albany High School, a public school, started WNAS-FM in 1949, which is the nation’s oldest continuously operating high school radio station. In the late 1960s, Slate Run Elementary School started WSRS, a non-licensed student-produced closed-circuit television service for its classrooms, one of the nation’s first in an elementary school.
In January 1937, a major flood struck the region. New Albany, like the other river towns, had no flood walls and no methods of regulating the river. The Ohio River rose to 60.8 feet at New Albany, leaving most of the town under 10 or more feet of water for nearly three weeks. The flood was the worst disaster to befall the city.
After the flood, New Albany was the first city in the region to begin construction on massive flood walls around the city. New Albany’s flood walls served as examples for those constructed around Louisville and Clark County.
New Albany is located at 38°18′07″N 85°49′17″W / 38.301935°N 85.821442°W (38.301935, −85.821442).
According to the 2010 census, New Albany has a total area of 15.111 square miles (39.14 km), of which 14.94 square miles (38.69 km) (or 98.87%) is land and 0.171 square miles (0.44 km) (or 1.13%) is water.
As of the census of 2010, there were 36,372 people, 15,575 households, and 9,175 families living in the city. The population density was 2,434.5 inhabitants per square mile (940.0/km). There were 17,315 housing units at an average density of 1,159.0 per square mile (447.5/km). The racial makeup of the city was 85.8% White, 8.7% African American, 0.2% Native American, 0.7% Asian, 1.7% from other races, and 2.9% from two or more races. Hispanic or Latino of any race were 3.7% of the population.
There were 15,575 households, of which 29.9% had children under the age of 18 living with them, 35.4% were married couples living together, 18.2% had a female householder with no husband present, 5.2% had a male householder with no wife present, and 41.1% were non-families. 33.7% of all households were made up of individuals, and 11.1% had someone living alone who was 65 years of age or older. The average household size was 2.27 and the average family size was 2.89.
The median age in the city was 37.1 years. 22.9% of residents were under the age of 18; 10.1% were between the ages of 18 and 24; 26.9% were from 25 to 44; 26.4% were from 45 to 64; and 13.9% were 65 years of age or older. The gender makeup of the city was 47.5% male and 52.5% female.
As of the census of 2000, there were 37,603 people, 15,959 households, and 10,054 families living in the city. The population density was 2,571.1 inhabitants per square mile (992.7/km). There were 17,098 housing units at an average density of 1,169.1 per square mile (451.4/km). The racial makeup of the city was 84.00% White, 12.93% African American, 0.31% Native American, 0.42% Asian, 0.04% Pacific Islander, 0.67% from other races, and 1.62% from two or more races. 1.36% of the population is Hispanic (Hispanics can be of any race).
There were 15,959 households, out of which 29.6% had children under the age of 18 living with them, 42.5% were married couples living together, 16.1% had a female householder with no husband present, and 37.0% were non-families. 30.8% of all households were made up of individuals, and 11.7% had someone living alone who was 65 years of age or older. The average household size was 2.31 and the average family size was 2.88.
In the city, the population was spread out, with 24.0% under the age of 18, 9.6% from 18 to 24, 29.2% from 25 to 44, 21.8% from 45 to 64, and 15.4% who were 65 years of age or older. The median age was 37 years. For every 100 females, there were 88.5 males. For every 100 females age 18 and over, there were 84.6 males.
The median income for a household in the city was $34,923, and the median income for a family was $41,993. Males had a median income of $31,778 versus $24,002 for females. The per capita income for the city was $18,365. About 11.4% of families and 13.7% of the population were below the Poverty threshold, including 21.6% of those under age 18 and 9.1% of those age 65 or over.
New Albany’s Main Street features a large collection of late 19th century mansions from the city’s heyday as a shipbuilding center. The centerpiece is the Culbertson Mansion, a three-story French Second Empire Style structure, which is today an Indiana state memorial.
Every October, New Albany hosts the Harvest Homecoming festival, one of the largest annual events in the state. Festivities begin on the first weekend of October, but the main part, consisting of midway rides, shows, and booths lining the downtown streets, lasts from Thursday-Sunday of the second weekend in October. The 2020 Harvest Homecoming was cancelled due to the coronavirus pandemic.
Indiana University Southeast, one of the eight campuses of the Indiana University system, is located on the northern edge of the city. The Purdue Polytechnic Institute also maintains a satellite campus in the city.
New Albany-Floyd County Consolidated School Corporation operates public schools. The Children’s Academy of New Albany is the public preschool program.
Elementary schools in the city limits include:
Grant Line Elementary School is in an unincorporated area near New Albany.
Middle schools in the city limits include:
New Albany High School is the city’s senior high school with the city being in its attendance boundary.
The Greater Louisville Regional Japanese Saturday School (グレータールイビル日本語補習校 Gurētā Ruibiru Nihongo Hoshūkō), a Japanese weekend supplementary school, is affiliated with IUS’s Japan Center. It was established in January 1988 and holds its classes at Hillside Hall; its office is elsewhere in New Albany.
The city has a free lending library, the New Albany-Floyd County Public Library.
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.
