Self-Insurance and Captive Programs

The trucking insurance market has been more volatile than ever and has unfortunately forced many well known asset based trucking organizations to close their doors.

Fortunately, if you are a mid to large sized trucking company with a history of solid financial performance and excellent safety program, a self insurance option could get you the control and flexibility you need while driving down costs. A captive is owned and operated by its insureds, who are the principal beneficiaries of underwriting profits and corresponding investment income. Borderless Coverage has out of the box insurance programs that your group could capitalize on.

Gain control and flexibility of your cross border trucking insurance costs

The trucking insurance market has been more volatile than ever and has unfortunately forced many well known asset based trucking organizations to close their doors. Fortunately, if you are a mid to large sized trucking company with a history of solid financial performance and excellent saftey program, a self insurance option could get you the control and flexibility you need while driving down costs. A captive is owned and operated by its insureds, who are the principal beneficiaries of underwring profits and corresponding investment income. Borderless Coverage has out of the box insurance programs that your group could capitalize on.

Benefits of cross border trucking captives:

  • Option to include B-1 CDL drivers
  • Provides funding for deductibles and self-insured retentions
  • Specifically created for cross border trucking companies and their affiliates who operate in Canada, the United States, and Mexico
  • Maximizes claims management
  • Realize potential financial benefits, including tax and long-range planning

Delivery:
The Borderless Coverage Cross Border Consulting Team provides free feasibility studies to help you determine your risk appetite, coverage objectives, and the most favorable captive option for your future.

Language:
English or Spanish

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