Rather than operate their own fleet, many delivery companies use independent contractors to deliver the goods. Using these owner-operators, however, can cause a problem when it comes time to provide certificates of auto insurance to customers or – even more importantly – to file evidence of public (auto) liability insurance with the Federal Motor Carrier Safety Administration (FMCSA).  Most companies, even those that work within state borders, are engaged in interstate commerce, subjecting them to FMCSA licensing, regulation and oversight.

Most transportation insurance brokers and underwriters will only provide auto insurance, and the accompanying FMCSA ‘filing’ and certificates, if they’re insuring all vehicles used by the business. Putting owner-operator vehicles onto a company’s fleet insurance policy is both expensive and time-intensive. Given turnover and compensation realities, it puts a real squeeze on margins. Because we specialize in the local delivery segment of the transportation industry, Risk Strategies Transportation understands your regulatory requirements and has exclusive access to underwriters who will provide the right coverage and make the necessary filings. We get the problem and can get the coverage when traditional transportation brokers and underwriters can’t.