Last Updated 6/28/24
Our guidelines/appetite are as follows:
Auto Liability
- Targeting 1-25 power units at bind
- Growth of two additional power units per quarter is allowed once the policy has been bound
- Dashcam is required for Auto Liability
- Two years minimum driving experience with a similar vehicle
- New Ventures with 5 or more units must receive written underwriting approval prior to binding
- No vehicles below 6,001 pounds
- All drivers and vehicles must be scheduled to extend coverage
- Tractors and trailers must be newer than 23 years old
- No more than 3 cancellations in the previous year
- Non-admitted Auto Liability states include AL, AZ, AR, CA, CO, DE, GA, FL, ID, IA, IN, MD, MI, MN, MO, MS, NH, NJ, OH, OK, OR, RI, PA, TN, TX, UT, VA, and WV.
- Admitted Auto Liability states include GA, FL, IL, NC, NV, OH, SC, and WI with more coming soon!
Auto physical damage, motor truck cargo, non-trucking liability, and general liability guidelines
- Targeting 1-75 power units
- Risks can be written as a package or on a standalone basis
- Two years minimum driving experience with like vehicle
- Tractors and trailers must be newer than 23 years old
- Refrigeration breakdown is available if trailers are less than 10 years old
- $7,500 towing and storage limit (APD) included with options up to $25,000
Exclusions and ineligibles
Upon binding coverage, Cover Whale flags ineligible cargo and operations, as well ineligible cargo and operations selections in SAFER. Bound policies that include Cover Whale and SAFER exclusions are subject to cancellation.
Cover Whale exclusions:
- Ambulance, EMT, Mobile Blood Banks
- Armored Cars
- Arms, Ammunition, Fireworks
- Boat Haulers
- Automobile Dismantlers
- Boom Trucks
- Brokerage
- Cannabis Haulers
- Carnivals, Circus
- Cement Mixers, Pumpers
- Coal Haulers
- Contractors, Contractor Equipment Mobile Equipment
- Cotton Haulers
- Courier Services, magazines, news delivery, parcel, film delivery
- Double or Triple Trailers
- Drive Away, Transporter Plates
- Driving Schools
- Dump Trucks S&G
- Egg Haulers
- Fast food delivery, including restaurant take-out delivery
- Final Delivery
- Freight Brokerage
- Garbage/Refuse
- Hazmat, Nuclear, Biological
- Household Good Movers
- Livery Operations
- Livestock Transporters
- Logging Operations
- Milk Haulers
- Mobile cranes, Vehicles with buckets
- Mobile Home Toters
- Mobile Home Toters, Building Movers
- Municipal
- Operating outside of US
- Operations using double/triple trailers
- Oversized/Overweight haulers
- Owned Units, Rented or Leased to Others
- Private Passenger Vehicles
- Public Livery: Buses, taxis, black car, rideshare, shuttle, day care, church
- Rental Leasing, Demo Vehicles
- Residential Delivery
- Salvage, Scrap Metal
- Sand and Gravel
- Steel Dealers
- Tankers Hauling Flammable Liquids
- Towing/Repossession,
- Vendor Trucks
Ineligible SAFER cargo selections:
- Agricultural/Farm Supplies
- Chemicals
- Construction
- Drive/Tow away
- Garbage/Refuse
- Liquids/Gasses
- Livestock
- Mobile Homes
- Oilfield Equipment
- Passengers
- Utilities
- Water Well
Ineligible SAFER operation selections:
- Exempt For Hire
- Fed. Government
- Indian Nation
- Local Government
- Migrant
- Private (Property)
- Private Passenger (Business)
- Private Passenger (Non-Business)
- State Government
These guidelines help identify the types of risks that Cover Whale is most suitable for, ensuring that we can provide the best coverage for our clients.