Limousine
Limousine
Program Target Description: Insurance program specifically designed for limousine business.
Program Target:
- Target Risks:
- The program targets limousine operators deriving at least 90% of revenue from pre-arranged transportation services and with 5 or more units in their fleet. For accounts with fewer than 5 units, please contact us.
- The program is structured for units with a seating capacity of 21 and under.
- Limousine Service
- Limousine services (except shuttle services)
- Limousine for hire with driver (except taxis)
- Luxury automobiles for hire with driver (except taxis)
- Ineligible Risks:
- Taxi, Charter Bus and ride-share type operations
- Geographic:
- Nationwide except AK, HI, MI, NY south of Route 84 including Long Island
- No Sedan or SUV service in NJ
Competitive Advantage:
- Longevity & Experience: Over 20 years of underwriting limousine businesses
- Custom Products: Products specifically designed limousine business owners
Coverages & Limits Available:
- Commercial Automobile (up to $1.5M combined single limit)
- Garagekeepers Liability (up to $2M limit )
- General Liability ($1M Occurrence / $2M general aggregate)
- Property (up to $3M TIV)
- Umbrella (limit options up to $4M)
- Loss of income from an Auto loss (EE coverage is up to $300 x 30 days)
Submission Requirements:
- ACORD 125 & for all lines of business to be quoted
- Program Supplemental Questionnaire
- Driver list, including Name, DOB, License # and State
- Loss Runs currently valued for the past 3 years & each time to be quoted (5 years preferred)
- Vehicle List
- Print the program submission checklist
Broker Requirements:
Current appointment with or, if not, complete the following items:
- Broker Agreement
- IRS W-9
- Copy of E&O Certificate or Declaration Page
- Copy of the agency’s license per location
- Agency Profile Document
- If multiple locations, include a list and confirm ALL locations are covered under the operation’s Errors and Omissions policy