Overview
The Beazley underwriting team averages more than 25 years of
hands-on experience in the Transportation and Contractor’s
Equipment arenas. Our wide range of products are designed for small
to medium sized trucking and contracting firms. We provide
protection for over-the-road equipment, cover the cargo legal
liability exposure and furnish security for contractor’s equipment.
To ensure flexibility of coverage, we are also able to customize
our policies to suit your client’s individual needs.
Details
Beazley offers a full complement of physical damage coverage and
deductible choices. Coverage is based on the lesser of actual cash
value (ACV) or the state amount.
Cargo is offered on either a motor carriers or owners form with
specified perils or broad form options. Coverage can be tailored to
meet specific needs.
Contractor’s equipment is provided on a broad form with several
deductible options. Various types of operations can be
considered.
We will pay these losses
- Fire
- Theft
- Windstorm
- Flood
- Collision and upset
Limits available
- Total physical damage values to US
$5,000,000
- Total cargo aggregate limit US
$5,000,000
- Total contractor’s equipment values US
$5,000,000
- Amounts in excess of these may be considered
subject to approval by London
Target market
- Trucking firms with 1-25 power units
- Per unit physical damage values to US
$300,000
- Per unit cargo limits to US $300,000
- Contractor’s equipment schedules to US
$1,000,000
- Per item contractor’s equipment to US
$300,000
Key territories
US
For further information please contact Orv
Lewis. Send submissions
to:
Ftc-mtcsubmissions@beazley.com
Not all coverages or products described on
this website are available in all US jurisdictions. Some products
are available on an admitted basis in some but not all US
jurisdictions from Beazley’s US insurance company subsidiary, while
other products and coverages may be available in the US only on a
surplus lines basis through licensed surplus lines brokers doing
business with Beazley’s Lloyd’s of London syndicates.
The descriptions contained in these pages
are for preliminary informational purposes only. Coverages will
vary depending on individual state law requirements and may be
unavailable in some states. The exact coverage afforded by the
products described on this website is subject to and governed by
the terms and conditions of each policy issued. The
publication and delivery of the information contained herein is not
intended as a solicitation for the purchase of insurance on any US
risk.