Yates’ commercial transportation department has just added a new Admitted carrier to its line up and the carrier is hungry for new business from California agents according to Barbara Parker-Hatch, executive vice president, Yates & Associates.
This is an “A” rated carrier that is targeting: contractor vehicles, local & intermediate trucking (package policies available), petroleum haulers (package policies available), public livery (including wheelchair lifts) and retail & wholesale delivery vans. Yates has in-house limits of $200,000 per unit for physical damage and $100,000 per conveyance for cargo. They will write up to $1.5 million on CSL, but if more is needed, agents are invited to submit up to $5,000,000.
In order to quote, agents are requested to send a completed application with Acords 125, 127, MVRs and 137 if applicable. Also needed is three years of current valued loss runs. According to Parker-Hatch, the rates are very competitive.
New Southern California agents are invited to contact Dean McNichol at (800) 660-1125 ext. 244 for more information, and new Northern California agents can call Shannon Nauta at (800) 464-7042 ext. 508 or visit their Web site at www.yates-assoc.com.
Topics California Agencies
Was this article valuable?
Here are more articles you may enjoy.
Zurich Insurance’s Beazley Bid Sets the Stage for More Insurance Deals
Allstate CEO Wilson Takes on Affordability Issue During Earnings Call
Insurify Starts App With ChatGPT to Allow Consumers to Shop for Insurance
Uber Jury Awards $8.5 Million Damages in Sexual Assault Case 

