Motor Truck Cargo and Physical Damage Program

Motor Truck Cargo and Physical Damage Program from Richmont General Insurance Services

Richmont General Insurance Services offers a focused Motor Truck Cargo and Physical Damage Program that helps agents and brokers place commercial auto risks quickly and with greater certainty. Backed by admitted paper rated A- (Excellent) by AM Best in available markets and supported by Richmont’s MGA and E&S capabilities, the program provides in-house binding authority and competitive terms for a wide range of trucking operations—including new ventures and accounts that can be hard to place elsewhere.

Ideal Accounts and Appetite

This program is designed for for-hire trucking operations that haul both common and specialized commodities. Underwriters will consider accounts with challenging attributes such as limited operating history, prior violations, or accident records—making this a good option when standard markets decline.

Typical commodities and operations include:

• Produce, meat & poultry, and grocery deliveries
• Building materials, lumber, and steel
• Containerized freight and intermodal loads
• Beer, wine, and beverage distribution
• Clothing, garments, and retail freight
• Auto and boat haulers
• Household goods movers
• Oilfield equipment and industrial machinery
• Other specialized or regional freight

Example fits: you might have a client launching a regional hauling business who needs cargo and physical damage limits to win contracts, or a carrier with a few recent violations that needs placement outside standard admitted markets—Richmont can help you find placement options for those risks.

Coverage Highlights and Advantages

• Admitted paper rated A- (Excellent) by AM Best in available markets
• In-house binding authority for faster turnaround and quote-to-bind capability
• Motor Truck Cargo limits up to $250,000
• Competitive physical damage pricing for comprehensive and collision exposure
• Contingent Motor Truck Cargo available where applicable
• Auto liability solutions for local, intermediate, and 48-state operations
• Truckers General Liability included or available as needed
• New ventures accepted, including startups with limited operating history
• Capacity for hard-to-place risks—including prior violations or accident history

Underwriting Notes

Richmont’s underwriters are accessible and pragmatic. They work directly with agents to evaluate exposures and structure terms that match a client’s operations. Richmont also provides product training and support to help producers quote and place commercial auto business more confidently.

Underwriters will evaluate operating radius, commodity type, driver hiring and screening practices, loss run history, vehicle age and condition, and any previous regulatory actions. Accounts with significant exposure may be considered through E&S channels when admitted options are not available.

Available Territories

This Motor Truck Cargo and Physical Damage Program is currently available in California, Texas, and Florida. Coverage availability and admitted vs. E&S placement may vary by state and by individual risk characteristics—contact Richmont for details on territory-specific options.

Why Work with Richmont General Insurance Services?

As a Managing General Agency and E&S lines broker, Richmont combines underwriting expertise, strong market access, and responsive service. Their in-house binding authority shortens turnaround times, and their commercial auto focus means agents get tailored solutions for trucking clients that don’t fit traditional boxes. Whether you need admitted paper where available or E&S capacity for tougher risks, Richmont positions agents to place more business and retain clients.

Need help placing an account? Connect with a market specialist.

Frequently Asked Questions

Need help placing an account? Connect with a market specialist.