Contingent Automobile Liability In Respect Of Truck Brokers

Contingent Automobile Liability coverage provides investigation, indemnity, and  defense to a truck broker for third party claims.  An example of where  coverage applies in a case wherein the truck broker relies upon a certificate of insurance received from the trucker to be valid and which  turn out to be bogus.  A claim ensues and the truck broker is brought  into the claim or resulting suit. The Contingent Automobile Liability  policy will provide investigation, indemnity, and defense for a covered  claim.
 

Our program provides the truck broker with a Contingent Automobile  Liability policy which can be tailored to provide limits of:
 

            a) $1,000,000 any one occurrence/
                 $1,000,000 annual aggregate
 

            b) $1,000,000 any one occurrence/
                 $2,000,000 annual aggregate
 

            c) $2,000,000 any one occurrence/
                 $2,000,000 annual aggregate
 

            d) $3,000,000 any one occurrence/
                 $3,000,000 annual aggregate
 

            e) $4,000,000 any one occurrence/
                 $4,000,000 annual aggregate
 

            f) $5,000,000 any one occurrence/
                $5,000,000 annual aggregate
 

The Contingent Automobile Liability program can be written monoline. 

Downloads

Cont Auto, Cont Cargo, GL, BC, PL and S&P Buyback App (pdf)

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