The suite of merchandise is on the market on-line
E&S wholesale dealer and managing normal company Danger Placement Companies (RPS) has introduced the launch of three new transportation merchandise for dangers with one to 10 energy models.
- Normal Legal responsibility for Truckers
- Motor Truck Cargo for Truckers
- Auto Bodily Harm for truckers
The suite of merchandise, which RPS mentioned was the primary of its variety, is on the market on-line, making it attainable for impartial brokers to offer a mixture of coverages rapidly. The merchandise can be found to cite, bind and subject in solely two minutes by RPS’s Small Enterprise Platform. The corporate mentioned it plans to proceed including product enhancements to the suite.
“In a industrial insurance coverage market that’s tormented by lengthy purposes and disparate portals, our new digital providing stands out as a easy and complete resolution brokers can depend on for his or her insureds,” mentioned Mark Gallagher, nationwide transportation apply chief for RPS.
Normal Legal responsibility for Truckers covers accidents or property injury not attributable to the truck operator, which RPS mentioned is usually not lined by different insurance coverage. It additionally offers protection in opposition to the price of lawsuits.
Motor Truck Cargo for Truckers fills gaps in different cargo protection, together with paid curiosity, protection extensions or funds along with coverage limits.
Auto Bodily Harm for Truckers is obtainable on a acknowledged quantity foundation with deductibles of as much as $5,000. It has a most single-vehicle worth of $300,000, RPS mentioned.
The product suite offers protection from an AM Greatest A-rated service and is on the market in all states besides Alaska, Hawaii and Massachusetts, RPS mentioned.
“At RPS, we attempt to offer artistic options to persistent trade challenges that assist set our retailer companions other than their competitors,” Gallagher mentioned. “This suite of digital transportation merchandise definitely places us just a few miles forward.”
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