Does anyone know of a commercial insurance provider for my dump trucking company?
I am in search of a exotic commercial insurance provider. My current provider doesn't treat me very well, even though I clear around $40,000 a year for worker's compensation and coverage for my trucks and trailers.
I run a small dump trucking company in Illinois. Does anyone know of a commercial insurance provider that might work for me ?
Thanks!
Answers:
Well, as you know, it's not the kind of risk companies are fanatical to insure.
My guess is, the auto will end up someplace like Progressive, and you could try your state workers comp fund for the comp subdivision of it.
Your options are limited, due to the size of your report - it's a lot of money to you, I know, but in the insurance world, it's generate about $3,000 of commission - and classified a small account. Sorry. Source(s): agent, 20+ years
She Said:
**but contained by the insurance world, it's generating about $3,000 of commission - and classified a small rationalization. Sorry.**
My response: it's not always about the *commision* the estimated premium wishes to cover the potential loss costs of the risk (your business) and as you know your liability on all lines is around $1MM so, the premium is just not plenty in some cases.
Back to your question: Take lots of competative quotes at renewal. In decoration to your State Fund try some large Direct Writers (Liberty Mutual, Hartford, Allstate etc) You may also want to look at agencies that specialize in your stripe of business.
RLI Insurance (transportaion risks)
http://www.rlitransportation.com/ Source(s): http://www.rlitransportation.com/
http://www.ntainsurance.com/page007.aspx
Related Questions:
I run a small dump trucking company in Illinois. Does anyone know of a commercial insurance provider that might work for me ?
Thanks!
Answers:
Well, as you know, it's not the kind of risk companies are fanatical to insure.
My guess is, the auto will end up someplace like Progressive, and you could try your state workers comp fund for the comp subdivision of it.
Your options are limited, due to the size of your report - it's a lot of money to you, I know, but in the insurance world, it's generate about $3,000 of commission - and classified a small account. Sorry. Source(s): agent, 20+ years
She Said:
**but contained by the insurance world, it's generating about $3,000 of commission - and classified a small rationalization. Sorry.**
My response: it's not always about the *commision* the estimated premium wishes to cover the potential loss costs of the risk (your business) and as you know your liability on all lines is around $1MM so, the premium is just not plenty in some cases.
Back to your question: Take lots of competative quotes at renewal. In decoration to your State Fund try some large Direct Writers (Liberty Mutual, Hartford, Allstate etc) You may also want to look at agencies that specialize in your stripe of business.
RLI Insurance (transportaion risks)
http://www.rlitransportation.com/ Source(s): http://www.rlitransportation.com/
http://www.ntainsurance.com/page007.aspx
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