Transportation Risk Services (TRS) offers a robust Inland Marine Insurance program designed specifically for transportation-focused risks. As a leading MGA and wholesale broker, TRS brings deep expertise and a countrywide footprint, helping independent agents and brokers place difficult or niche inland marine accounts. Whether your client is hauling freight, storing goods, or operating heavy equipment, this program provides tailored solutions and flexible underwriting.
Ideal Accounts and Appetite
This Inland Marine program is well-suited for a variety of transportation and construction-related risks. TRS has a broad appetite across the following classes:
- Motor Truck Cargo: Accepts a wide range of commodities, including up to 20% hazmat. Ideal for local, regional, and long-haul truckers.
- Auto Physical Damage: Coverage for truck fleets, sanitation vehicles, buses, para-transit, ambulettes, and airport shuttle vans.
- Warehouseman's Legal Liability: Supports both dry and cold storage with limited commodity restrictions.
- Contractor’s Equipment: Includes coverage for cranes, equipment dealers, street & road contractors, oil & gas contractors.
- Builders Risk / Renovation / Installation: Rehabs, renovations, and stand-alone riggers liability available.
- Miscellaneous Inland Marine: Including floaters, medical equipment, fine arts, Bailees, EDP, renewable energy equipment, towers, and antennas.
Coverage Highlights and Advantages
- Motor Truck Cargo: Includes debris removal, earned freight, pollution cleanup, contingent cargo, and refrigeration breakdown options.
- Auto Physical Damage: Coverages include towing and storage, reporting form, trailer interchange, and hired/non-owned coverage.
- Contractor’s Equipment: Add-ons available for rental expense reimbursement, boom overload, waterborne equipment, and employee tools.
- Builders Risk: Can cover existing structures and offers flexible renovation terms.
TRS offers packaged solutions that combine property and inland marine where needed, providing streamlined coverage for complex risks.
Underwriting Notes and Minimum Premiums
The minimum premium begins at $10,000 per policy. For Motor Truck Cargo, the preferred starting premium is $25,000 or higher. TRS welcomes submissions on accounts of all sizes but is especially competitive on mid-sized to larger risks with more complex exposures.
Territories and Availability
TRS offers this Inland Marine program nationwide, with availability in most states including but not limited to: CA, TX, FL, IL, NY, and GA. Most markets offered are non-admitted, allowing for flexible underwriting and broader coverage terms.
Why Work With Transportation Risk Services?
Located in Barrington, IL, TRS works exclusively with retail agents and brokers, offering access to specialized markets for transportation and inland marine risks. Their team understands the nuances of insuring mobile property, logistics, construction equipment, and warehousing operations. With strong carrier relationships and responsive service, TRS can help you place difficult accounts quickly and effectively.
Whether your client is a crane operator, warehouse owner, or regional trucking fleet, TRS has the program and underwriting flexibility to support their needs—and yours.