Motor Truck Cargo and Physical Damage Program from Richmont General Insurance Services
Richmont General Insurance Services offers a specialized Motor Truck Cargo and Physical Damage Program designed to help agents and brokers place commercial auto risks efficiently. With in-house binding authority and competitive rates starting as low as 3% for qualified accounts, Richmont delivers fast, flexible solutions for trucking clients of all types—including hard-to-place and new venture risks.
Ideal Accounts and Appetite
This program is built for a wide range of for-hire trucking operations, including those hauling common and specialized commodities. Richmont is especially well-positioned to support accounts that may be challenging to place elsewhere due to accident history, major violations, or limited operating history.
Examples of accepted commodities include:
- Produce, Meat & Poultry, and Groceries
- Building Materials and Steel
- Containerized Freight
- Beer & Wine
- Clothing and Garments
- Auto & Boat Haulers
- Household Goods Movers
- Oilfield Equipment
- And many more
You might have a client who just launched a regional hauling business or one with a few recent violations—Richmont can help you find a path forward for these accounts.
Coverage Highlights and Advantages
- Admitted paper rated A- (Excellent) by AM Best
- In-house binding authority for faster turnaround
- Motor Truck Cargo limits up to $250,000
- Competitive Physical Damage rates
- Contingent Motor Truck Cargo coverage available
- Auto Liability available for local, intermediate, and 48-state operations
- Truckers General Liability included or available where applicable
- New ventures accepted—great for startups
- Markets for hard-to-place risks due to violations or accident history
Underwriting Notes
Richmont's experienced underwriters are accessible and knowledgeable, working closely with agents to evaluate unique risks. They also offer product training to help you become more confident in quoting and writing commercial auto business. This hands-on support helps you grow your book while ensuring proper risk placement.
Available Territories
This program is currently available in California, Texas, and Florida. Motor Truck Cargo coverage is also available specifically in these states. Richmont continues to expand its reach and appetite for different classes of trucking risks.
Why Work with Richmont General Insurance Services?
As a Managing General Agency and E&S Lines Broker, Richmont brings strong market access, responsive service, and underwriting flexibility. Their in-house binding authority helps accelerate the quoting process, and their focus on commercial auto makes them an ideal partner for trucking placements—including those that don’t fit traditional underwriting boxes.
Whether you’re looking to place a tough risk, support a new venture, or expand your trucking book, Richmont has the tools, markets, and expertise to help you succeed.
Frequently Asked Questions
What types of accounts are a good fit for this program?
This program is ideal for for-hire trucking operations transporting commodities such as produce, building materials, steel, clothing, and more. It also accepts new ventures and accounts with prior violations or accidents.
Is this program available in all states?
No, the Motor Truck Cargo and Physical Damage Program is currently available in California, Texas, and Florida.
Can Richmont help with hard-to-place trucking risks?
Yes, Richmont has markets available for accounts with significant violations, accident history, or other underwriting challenges.
Does the program accept new trucking ventures?
Yes, new ventures are accepted under this program, making it a great option for startup trucking operations.
What carrier rating backs this program?
The program is backed by an admitted carrier rated A- (Excellent) by AM Best.
Need help placing an account? Connect with a market specialist.