Cargo Liability

Cargo Master Facility / Policy

• Annual Pay Facility / Policy – Full 1 Year Rate Guarantee

Facility / Policy Includes:

• (A++XV) Insurance Carrier
• Master Facility / Policy Program for 1 – 1,000 Plus Units
• Broad form policy
• Available in all states except DE & NY, and parts of NJ
• 25% MINIMUM EARNED PREMIUM TO APPLY, IF CANCELLED BY INSURED

Highlights Include:

• Newly acquired vehicle coverage for up to 15 days from acquisition
• Liability Limits from $25 – 250,000. Higher limits available upon request
• Deductible choices of $1,000, $2,500 or $5,000; Mechanical Breakdown Endorsement (optional)
• Transportation Broker Contingent Cargo Liability (optional)
• Online Rating Template for 1-9 units.
• Accounts with 10 or more units will need to be submitted for approval (along with hard copy loss runs and financials). Large Rate Indications can generally be expedited for approval within 24-48 hours
• Rate provided includes surplus lines taxes and fees
• Electronic processing of required state and federal filings

These product descriptions are not a complete description of all items, exclusions and conditions in the policy. Policy terms may be changed by the insurer from time to time, and the preceding descriptions are not intended to be relied upon by potential insureds. US risks placed with a surplus lines insurer must be placed in accordance with state and federal law, including applicable surplus lines laws. Surplus lines insurers do not generally participate in State Guaranty Funds and thus insureds are not protected by such funds.