MOTOR TRUCK CARGO
MOTOR TRUCK CARGO PACKAGE
Advantages:
- Design coverages to meet specific needs of the account
- Admitted, Financially Sound Carrier
- Knowledgeable trucking underwriters
DIRECTIONS FOR SUBMISSION
MOTOR TRUCK CARGO PACKAGE
| RATING |
Admitted, A.M. Best "A+" |
| TERRITORY |
National (excluding AK & HI) |
| Classes |
We do NOT cover the following
- Household goods movers
- Money &Securities
- Jewelry/Watches
- Blood/Plasma
|
| Coverages |
- Property-includes trip lease to other carriers
- Causes of Loss-Direct Physical Loss
|
| Automatic Extensions of Coverage |
- Minimum Premium: $750
- Earned freight charges
- Up to $2500 per any one occurrence
- Debris removal expense
- Up to $5000 per any one occurrence
- Pollutant clean up and removal expenses
- Up to $10000 in each annual period
- Expenses to protect covered Property from further damage
- Up to $5000 in any one occurrence
|
| Features |
- Can handle all state and federal filings
- Scheduled vehicle basis
- Scheduled vehicle, gross receipts or mileage pay plan with no finance charge on accounts over $25,000. 25% down with 9 equal installments
- Take NEW Ventures!
|
| NEW Ventures |
- Maximum limit of $100,000
- Low-theft Commodities
- Maximum # of Power Units-3
|
| Premium |
- Minimum Earned Premium $250
- Minimum Policy Premium $750
|
| Deductible |
AOP Minimum Deductible: $1,000
Reefer, Water Damage and Terminal Minimum Deductible: $2,500 |
| Limits |
- Varies, depending upon client needs and type of exposure from $5,000 up to $5,000,000 per unit
- Can provide increased limit for specific shipper or specific commodity
|
| REQUIRED AT BINDING |
- MVR’s
- 3 year Loss Runs
- Schedule of power units with year, make, model and complete VIN
|
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