RLI Transportation has introduced a monoline commercial auto coverage targeting driver training schools nationwide.
The driver training school coverage is admitted in all states except Alaska, Hawaii, Louisiana and Massachusetts. Minimum premiums start at $10,000. Businesses engaged in racing training or emergency response personnel are not eligible.
RLI Transportation Assistant Vice President Eric Galisdorfer said his firm already writes fleet insurance for hospitals, many of which provide driver training as part of their rehabilitative services. “We just decided to expand our appetite to driver training school coverage. Additionally, we knew this target market was being underserved,” he said.
According to Galisdorfer, there are more than 1,200 driver training facilities nationwide.
RLI is a specialty insurance company. RLI’s subsidiaries include RLI Insurance Co., Mt. Hawley Insurance Co. and RLI Indemnity Co.
Source: RLI Insurance Co.
http://www.rlitransportation.com
Was this article valuable?
Here are more articles you may enjoy.
Shipper Escapes $41.9M Award for Man Paralyzed When Lights Fell From Pallet on Him
M&A Lawyer Pleads Not Guilty to Leading Insider-Trading Ring
AI Savings Misses ‘Should Be Making Executives Uncomfortable,’ Bain Says
USI Insurance Services Claims Ex-Broker Poached Clients for Own New Agency 

