RLI Transportation has introduced a monoline commercial auto coverage targeting driver training schools nationwide.
The driver training school coverage is admitted in all states except Alaska, Hawaii, Louisiana and Massachusetts. Minimum premiums start at $10,000. Businesses engaged in racing training or emergency response personnel are not eligible.
RLI Transportation Assistant Vice President Eric Galisdorfer said his firm already writes fleet insurance for hospitals, many of which provide driver training as part of their rehabilitative services. “We just decided to expand our appetite to driver training school coverage. Additionally, we knew this target market was being underserved,” he said.
According to Galisdorfer, there are more than 1,200 driver training facilities nationwide.
RLI is a specialty insurance company. RLI’s subsidiaries include RLI Insurance Co., Mt. Hawley Insurance Co. and RLI Indemnity Co.
Source: RLI Insurance Co.
http://www.rlitransportation.com
Was this article valuable?
Here are more articles you may enjoy.
US Cyber Insurance Market Sees Flat Premium, More Third-Party Claims Hit Loss Ratio 
Flood Insurance Gap Will Squeeze Local Governments and Homeowners, Moody’s Says 
Florida-Based Safepoint Withdraws IPO Just as it Was Expected to Launch 
PE-Backed Insurance Broker Hub International Files Confidentially for US IPO 
