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New Business Effective Date: May 20, 2010
Renewal Business Effective Date: July 7, 2010Bigger discounts grab attention
We’re increasing discounts for preferred and experienced businesses in Oklahoma to help you attract new customers and retain your loyal ones. Discounts also vary by coverage.
- Truck program – Up to 40%
- Business Auto program – Up to 33%
- Tow program – Up to 48%
Highlights include:
- Paid In Full Discount increased to 15%
- Commercial Driver’s License (CDL) Discount up to 20%
Better rates out of the gate
We’re also dropping rates an average of 8.7 percent at the program level in Oklahoma, with even greater decreases for Dirt, Sand & Gravel (DS &G), For-hire trucking and Other Trade Contractor risks.
| SIC |
New BI/PD Rate |
Savings |
| DS&G (Large Dump) |
$2,830 |
9% |
| For-hire trucking (Tractor-Trailer) |
$2,974 |
28% |
| Other Trade Contractors (Pickup, 1/2 ton, 4 x 2) |
$623 |
17% |
Rating variables: Married, 40 yrs old, in business since 2005, average credit, annual term, zip = 73099, continuous coverage, vehicle age = 15 years, 1,000 CSL
50-mile radius: DS&G and Other Trade Contractors
300-mile radius: For-hire truckingBroader acceptability lets you call the shots
- Go that extra mile. Now you can quote our unlimited radius option on hotshotters and expediters using pickups with a fifth-wheel hitch.
- Pick up Downtime. Rental Reimbursement with Downtime coverage is now available to a wider variety of truck body types and businesses.
- Get down and dirty. Now you can offer full coverage (Physical Damage plus Liability) on garbage and for-hire debris haulers.
- Cargo = can-do coverage. We’re expanding our Truck Cargo coverage to risks requiring an unlimited radius, and to Physical Damage-only policies.
- Non-Trucking Liability is a non-issue. Now you can offer standalone Non-Truck — no Physical Damage coverage needed. Additional body types now qualify.
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