Travelers Expands Monoline Commercial Auto Insurance Offerings
Travelers is now making available commercial auto coverage for small to mid-sized businesses on a monoline basis through its Select Accounts, Commercial Accounts and Construction divisions. This expanded monoline auto program provides a high-liability commercial auto policy on a stand-alone basis even when the supporting lines of coverage do not qualify.
“Agents often have trouble finding a desirable standard market for their commercial auto business. Our monoline program allows agents to separate the commercial auto coverage needs and consider Travelers as a better alternative,” said Bill Cunningham, president of Travelers Commercial Accounts.
Travelers has simplified commercial auto insurance for companies working in more than one state by covering multi-state exposures on one policy, a feature both commercial and construction customers often require. A minimum of five vehicles to very large fleets can be covered individually or as a group.
Source: Travelers
www.travelers.com.
- Reuters: DXC in Advanced Talks to Sell Insurance Software Unit for $2.4 Billion
- Insurer Rolls Out Policy to Protect Data Centers Against Growing Backlash
- Adjuster Created Law Firm and Fake Claim to Defraud Insurer of $1M, Officials Charge
- World’s Largest Retirement Community Set to Borrow $180 Million for More Homes