Specialty Trucking Coverages
Bulk Commodity Carrier Insurance
For bulk commodity carriers, Great West’s specialty coverage provides a multi-pronged approach to protecting your operation, your cargo, and your trucks.
Advantages of a Great West Policy
- We insure bulk commodity carriers of both hazardous and non-hazardous materials.
- Our bulk commodity carrier coverage protects nearly every aspect of your bulk commodity operation.
- Our Commercial General Liability policy for bulk commodity carriers includes important coverages that you’ll find are often excluded by other insurance providers. For example, when a truck delivery is complete, any subsequent bodily injury or property damage loss is still covered by our policy without the need for additional endorsements.
- Great West’s Cargo coverage for tank haulers really stands out as well. Our Cargo policy covers losses that include loading, unloading, or damage to cargo from misdelivery, such as gasoline that’s emptied into the wrong tank.
- Our Physical Damage coverage has no restrictions on stainless steel or insulated tankers.
- Our Auto Liability policy covers losses related to cargo pollution, such as liquid or gas spreading over land after a semi truck has overturned.
- Repairs to tank trailers can be time-consuming, so Great West's auto policy also includes coverage for downtime.
- We can meet the financial requirements for hazmat filings.
Freight Broker Coverage
As a freight broker, we recognize that you have unique insurance needs because you are acting as a freight agent for your shippers. Freight brokers are required to register with the Federal Motor Carrier Safety Administration (FMCSA) and supply evidence of a $75,000 surety bond. That’s why we’ve developed several specialty truck insurance coverages to meet the needs of freight brokerages.
Great West Freight Broker Insurance Options Include:
- Auto Liability and Cargo coverage for Brokers,
- Motor Carriers - Named Broker as Insured coverage (including Cargo), and
- Second-Level Coverage endorsement, which provides you protection in excess of what is required by the motor carrier in your contractual agreement.
Freight Forwarder Coverage
As a freight forwarder, you act as a common carrier for your shippers. That means you also have special insurance requirements to protect your business. In addition, you have to provide motor carrier filings and register with the FMCSA as a freight forwarder.
That’s why we’ve specifically designed several specialty truck insurance coverages to protect freight forwarders.of protection to shield your trucking business against catastrophic losses.
Great West Freight Forwarder coverage options include:
- Auto Liability and Cargo coverage for Freight Forwarders,
- Motor Carriers - Named Freight Forwarders as Insured coverage; and
- Second-Level Coverage endorsement, which provides your business protection in excess of what is required by your motor carrier in your contractual agreement.
Because freight forwarders are required to have liability filings with the FMCSA, we save you time and effort by making those filings for you. Great West will also issue an MCS-90 endorsement, if appropriate.
