Excess liability insurance designed by HUB exclusively for transportation companies
As the risk of nuclear verdicts and the cost of transportation claims increase – your primary layer of liability insurance is no longer sufficient. If one of your drivers is involved in a catastrophic accident, your primary coverages will not be enough to protect your business. You need excess liability insurance. However, it’s become increasingly harder and more expensive to procure, which leaves your fleet in a difficult spot.
Responding to this industry-wide problem, HUB transportation specialists worked with Trisura Specialty Insurance Company to create a solution exclusively for our clients: HUB Drive Excess Liability Shield. Available to transportation operations in local, intermediate and long-haul trucking, including moving and storage, this excess lability insurance coverage helps you get the protection you need.
Excess liability insurance is one of the most important types of insurance your company can buy. It picks up where your primary auto liability and other insurance coverages leave off and protects your business in the event of a financially devastating claim that would otherwise force you to close your doors.
Here’s what’s included
Up to $2,000,000 in excess or umbrella coverage
Fast quote turnaround times
Integration into HUB’s risk management platform HUB Drive Online, providing technology and risk solutions to help you further manage your risk
$1,500 minimum premium per $1M of limit
Support from designated excess claims specialists in reviewing and investigating claims
Support from HUB’s risk consultants for anything from mock audits, to creating safety programs, and much more
HUB Drive Excess Liability Shield is available in all states except NY.