Trucking Program Coverages
Independent owner-operators and motor carriers alike know the risks of coast-to-coast hauling: collision, injury, disability, and theft. Truckers searching for reliable and affordable protection against these road hazards find it with Great American. Our Leased Owner Operator Products offer a variety range of coverage solutions including Physical Damage, Non-Trucking Liability, Occupational Accident, Contingent Liability, Workers' Compensation, Deductible Buyback and TruXpro.
Great American's Trucking Program is strengthened by the expertise of a coast-to-coast network of independent agents who specialize in these unique coverages. Our agents offer a varied menu of products and services to owner-operators, providing customized support and unwavering dedication to America's truckers.
Contingent Liability
Underwritten by Great American E&S Insurance Company, Contingent Liability policies are made available to Motor Carriers which sponsor Group Occupational Accident programs for their contracted Owner Operators. The policy provides defense coverage and indemnifies the Motor Carrier when a qualified independent contractor attempts to collect Workers' Compensation benefits as the Motor Carrier's employee.
Contingent Liability is only available to Motor Carriers which concurrently sponsor a Great American Insurance Company Group Occupational Accident program and have otherwise met minimum underwriting eligibility.
Deductible Buyback
The Deductible Buyback Endorsement protects Owner Operators from paying multiple deductibles after an accident. Lease contracts with motor carriers often require the owner-operator to assume responsibility for policy deductibles on the carrier's trailer and cargo as well as accident-related property damage. This contractual liability can be significant.
This affordable endorsement reimburses the owner-operator if multiple deductibles are paid during the settlement of an accident claim.
Low monthly fees offset a potentially expensive settlement: good news for the driver! Payment of policy deductibles is guaranteed: good news for the carrier! With Great American, that's a win-win!
Non-Trucking Liability
Non-Trucking Liability offers third party liability coverage for non-business use of the insured vehicle.
Coverage Basics
Non-Trucking Liability offers Bodily Injury (BI) and Property Damage (PD) liability on a Combined Single Limit (CSL) basis at the following limits:
- BI & PD Liability 300,000 CSL
- BI & PD Liability 500,000 CSL
- BI & PD Liability 750,000 CSL
- BI & PD Liability 1,000,000 CSL
- BI & PD Liability 2,000,000 CSL
Medical Payments/Personal Injury Protection Coverage is written at state minimum levels where required.
Uninsured/Underinsured Motorist Coverage is available where required.
To view and choose appropriate forms visit our Forms page.
Occupational Accident
Occupational Accident covers the Owner-Operator for injuries that occur on the job. It includes medical, disability, death and dismemberment benefits. Our policies offer a wide range of limits. We also offer Passenger Accident and Non-Occupational coverages on select plans.
Great American’s Occupational/Accident coverage may be bundled with other coverages and is available for accounts of all sizes, ranging from an individual driver to a large Owner-Operator program.
Occupational Accident coverage includes the following services:
Medical Provider Referrals:
Great American offers assistance in designing a customized PPO network to support the medical care needs of our Truckers and their families. Through arrangements with various national, regional and local networks, we can provide access to credentialed medical providers to help our policyholders optimize the quality of their medical care and minimize its cost.
Pharmacy Benefits:
No Worries Prescription Program - with a covered loss this policy provides a First Script membership card for medical prescription expenses. Truckers won't have to pay out of pocket and even better, won't have to wait for reimbursement for prescription expenses.
Rx SavingsPlus Plan - As a Great American insured, you can take advantage of the CVS Rx SavingsPlus Plan to reduce the cost of prescription and non-prescription expenses. The CVS Rx SavingsPlus Plan claims average savings of 22% on commonly prescribed medications. This benefit includes on-line health and wellness information as well as discounts for CVS MinuteClinics® nationwide.
Riders are available providing additional coverages for occupational disease, hernia, occupational cumulative trauma and hemorrhoids.
Physical Damage
Our Truck Physical Damage product offers 24 hour coverage on the tractors, trailers and trucks of Owner Operators. This policy covers travel within the continental United States and Canada.
At no additional charge, our policy includes the opportunity for participation in our RigReady® repair program. Owner Operators can choose to have their truck repaired at any of our participating network of nationwide shops.
Collision:
- Provides coverage for covered vehicle's collision with another object or its overturn
Comprehensive or Specified Perils can be included with collision
Comprehensive:
- Provides coverage for losses that are not caused by Collision and that are not specifically excluded in the policy.
Specified Perils Coverage:
Caused by:
- Fire, lightning, explosion or implosion
- Theft
- Windstorm, hail, or earthquake
- Flood
- Mischief or vandalism
- The sinking, burning, collision or derailment of any conveyance transporting the covered auto
Deductible Options:
- A choice of deductibles ranging from $500 to $10,000
Towing Expenses:
- We pay actual loss sustained
- We only pay expenses resulting directly from a covered loss
- Towing expense covered for transporting a covered vehicle to a qualified service or repair facility nearest the location of disablement
- Towing sublimit is $10,000
Storage Charges:
- We pay storage charges for a covered vehicle that results from a covered loss
Gap Coverage:
- We will pay up to the amount of the financial obligation, up to a maximum of $20,000, under a vehicle purchase contract when the amount of the covered loss is equal or greater to that financial obligation
Federal Excise Tax on new vehicles:
- We reimburse Federal Excise Tax on newly purchased vehicles that are involved in a covered loss provided that the loss occurs within 365 days following the date of purchase
Optional coverages include TruXpro, Deductible Buyback, and
Non-Owned Trailer coverage
Non-Owned Trailer coverage
Supplemental Coverages
This endorsement is attached to the physical damage policy for an additional premium and provides coverages designed to address the extra needs of an owner operator.
TruXpro Coverage Basics
Diminishing Deductible
Now an insured can get credit for not having a loss. An insureds original deductible will decrease by 25% for every loss-free year until the deductible reaches $0. If the insured has a loss during the policy term, the deductible is reset to the original amount after the loss. At the end of 4 consecutive loss-free years, the insured's deductible is zero!
Now an insured can get credit for not having a loss. An insureds original deductible will decrease by 25% for every loss-free year until the deductible reaches $0. If the insured has a loss during the policy term, the deductible is reset to the original amount after the loss. At the end of 4 consecutive loss-free years, the insured's deductible is zero!
Single Deductible
When a tractor and trailer are insured under the same policy and damages result from the same covered loss, the insured pays only one deductible.
When a tractor and trailer are insured under the same policy and damages result from the same covered loss, the insured pays only one deductible.
Downtime/Rental Reimbursement
Benefits pay up to $5000 with a $150/ day and $750/ week limit, subject to a short waiting period.
Benefits pay up to $5000 with a $150/ day and $750/ week limit, subject to a short waiting period.
Personal Effect
Covers personal belongings inside an insured truck up to $5,000, subject to a $250 deductible.
Covers personal belongings inside an insured truck up to $5,000, subject to a $250 deductible.
Electronic Equipment
Covers the electronic equipment inside an insured truck up to $5,000, subject to a $250 deductible.
Covers the electronic equipment inside an insured truck up to $5,000, subject to a $250 deductible.
Tarps, Chains and Binders
Limit of $500 subject to a deductible of $100.
Limit of $500 subject to a deductible of $100.
Workers' Compensation
For Fleet Owners - Fleet Owners who lease on to Motor Carriers often need to provide Workers' Compensation coverage for their drivers. When a Motor Carrier sponsors a Great American Occupational Accident program for its leased Fleet Owners, Workers' Compensation for the Fleet Owners' employee drivers maybe available, subject to underwriting eligibility.
For Motor Carriers - Motor Carriers sponsoring a Great American Occupational Accident with Contingent Liability program, can purchase Workers' Compensation coverage for drivers and clerical employees of the Motor Carrier. This enhancement provides convenience of "one stop shopping" for Motor Carriers with Owner Operator teams.
For Owner Operators - Certain states require that all truckers (regardless of Owner Operator status) be covered by Workers' Compensation. Great American offers Workers Compensation for Owner Operators in those jurisdictions.
Ohio Domiciled Trucking Operations
Ohio employers are required to purchase a Workers' Compensation policy from the Bureau of Workers' Compensation. Ohio workers' compensation does not provide coverage for claims filed in any other state. Great American Insurance offers a solution, endorsed by the Ohio Trucking Association, for the long haul trucker with our "Other States Coverage".
The members of Great American
Insurance Group are subsidiaries of
American Financial Group, Inc. (AFG).
AFG is a holding company based in
Cincinnati Ohio. It is a Fortune 500
company whose common stock is listed
on the New York Stock Exchange and
NASDAQ.
Insurance Group are subsidiaries of
American Financial Group, Inc. (AFG).
AFG is a holding company based in
Cincinnati Ohio. It is a Fortune 500
company whose common stock is listed
on the New York Stock Exchange and
NASDAQ.
© 2013 Great American Insurance Group. All Rights Reserved.
Lewis Insurance
2525 S. Lamar Ste 11
Austin, TX
78704
2525 S. Lamar Ste 11
Austin, TX
78704
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