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New Venture - Non-Emergency transporation
Posted: Thu Apr 05, 2012 3:07 pm
by meytai
Suggestions on markets for non-emergency transportation.. for mentally disabled persons.. it is a new venture.. so no loss runs available
Thanks in advance
Re: New Venture - Non-Emergency transporation
Posted: Fri Apr 06, 2012 11:36 am
by LadyBroker
Almost any Commercial Auto carrier will entertain this risk for the auto piece. For the CGL, you're probably looking surplus lines.
Re: New Venture - Non-Emergency transporation
Posted: Fri Apr 06, 2012 12:03 pm
by meytai
Thanks Lady..
I appreciate your responses.. for this one and others..
But i need like, a carrier that specializes in it and like.. gives good rates.. because i've got quotes already.. ranging from 15,000K to 5,000.. maybe i can narrow down my search by going to a specific carrier
Thanks
Uni
Re: New Venture - Non-Emergency transporation
Posted: Fri Apr 06, 2012 1:05 pm
by keithgehring
Be cautious of the "Loading & Unloading" part of this exposure. That's where the real loss exposure is.....and one that you want to make sure is covered.
Re: New Venture - Non-Emergency transporation
Posted: Mon Apr 09, 2012 12:01 pm
by LadyBroker
Your quote range is what I would expect for this risk, for the Commercial Auto premium. Is your prospect balking at the premium ranges?
Re: New Venture - Non-Emergency transporation
Posted: Mon Apr 09, 2012 4:53 pm
by meytai
Bot him and i are new to this particular risk.. so we have not point of reference really except what we have so far.. 5,000 on the low end.. 15,000 on the high..
Re: New Venture - Non-Emergency transporation
Posted: Mon Apr 09, 2012 5:17 pm
by wariline
I think most preferred and standard carriers shy away from livery. Have you tried Northland Insurance? They're a specialty arm for Travelers.
Re: New Venture - Non-Emergency transporation
Posted: Fri Apr 27, 2012 5:23 pm
by marmar
I am looking to insure the same risk. Any luck meytai?
Re: New Venture - Non-Emergency transporation
Posted: Wed May 02, 2012 10:26 am
by LadyBroker
Marmar - the risk will have to split, Auto and GL. Have you received any quotes yet? I have to say, I see new business submissions on this class all the time....this class, Limo services and Non Armed Security guards. IMHO, all three classes are a huge time waster, and have really high failure rates. Just my 2 cents, though....
Re: New Venture - Non-Emergency transporation
Posted: Thu May 03, 2012 11:17 am
by JAM
If the van is owned and operated by the facility you can try Progressive. Titan might look at it as well.
Re: New Venture - Non-Emergency transporation
Posted: Wed Jun 13, 2012 2:46 pm
by chrisg
I might be able to help with this. We've been writing a handful of these lately in CA at competitive rates...
Call me at 775-722-3959.
Chris Garrison
RIC