First Guard Insurance Co., a physical damage truck insurance company for commercial (Class 8) vehicles, now has the capability of underwriting and insuring high value tractors.
A high value tractor is considered a tractor with a custom size sleeper over 100 inches.
Ed Campbell III, chairman of First Guard Insurance Co., said the firm has modified its rating methodologies and reinsurance structure to accommodate high value tractor trailer combinations up to $300,000. “Unlike our competitors, we are a direct-writer for physical damage insurance. This enables us to cater to the growing need of insuring super size rigs and offering rates owner operators can feasibly afford,” added Campbell.
Source: First Guard
www.1stguard.com
Was this article valuable?
Here are more articles you may enjoy.
Munich Re Unit to Cut 1,000 Positions as AI Takes Over Jobs 
The $10 Trillion Fight: Modeling a US-China War Over Taiwan 
Preparing for an AI Native Future 
Trump’s EPA Rollbacks Will Reverberate for ‘Decades’ 
