Motor Truck Cargo
Offered by Osprey Underwriters
Motor Truck Cargo Inland Marine Trucking Auto Haulers Container Hauler Trailers Hauler Refrigerated Loads Cargo Cargo InsuranceDescription
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Advantages
• Limits up to $300,000 per power unit/$600,000 per occurrence for select commodities and states
• Up to 10 power units (for same day quote response)
• Diminishing Deductible (25% reduction in the deductible for each loss free annual policy term)
• $1,000 minimum premium, $1,000 minimum deductible
Additional Coverages included:
• Earned Freight Charges – Up to $2,500
• Debris Removal Expenses – Up to $5,000
• Reloading Expenses – Up to $5,000
Optional Coverages available:
• Spoilage/Freezing coverage
• Pollutant Clean Up and Removal
• Owner’s Goods Extension
• ‘Additional Coverages Plus’ Endorsement:
-$25,000 Blanket Limit for Debris Removal,
Reloading, Towing, Traffic Control & Security
-$10,000 Earned Freight
-$25,000 Fire Department Surcharge
-$2,500 Rewards Coverage
-$1,000 Loss Data Preparation Coverage
Eligibility Criteria
• Applicant must have prior commercial driving experience
• Loss History with no losses or one loss for $10,000 or less
• Drivers between the ages of 23-65 or 66-70 with acceptable copy of DOT physical due at time of binding
• MVR’s are required
• Driver's history cannot have a Major Violation in the past 36 months
Target operation types: dry van/box, refrigerated freight, flat bed and containerized freight.
Target Commodities: grain, gravel, soft drinks, canned goods, fertilizer, appliances, building materials, hardware, office equipment, steel, small appliances and light machinery.
Ineligible operation types: mobile home and household good haulers.
Ineligible Commodities: oversized/overweight shipments, aircraft engines, turbines, transformers and watercraft.
Details
$600K Maximum Premium
$10K Minimum Premium
Has Pen
Carrier Information
Admitted
Non-Admitted
Listing Contact
Osprey Underwriters
Offered By
Availability 50 states + DC
Covered
Not Covered
