Arrowhead Normal Insurance coverage introduces new industrial auto product

Arrowhead Normal Insurance coverage introduces new industrial auto product | Insurance coverage Enterprise America

New product appears to serve evolving buyer wants

Arrowhead General Insurance introduces new commercial auto product

Motor & Fleet

Jonalyn Cueto

Arrowhead Normal Insurance coverage Company, Inc. has expanded its choices with the launch of a brand new industrial auto insurance coverage product. In response to an organization assertion, this program is in collaboration with an A+ rated service, with an intention of catering to the evolving wants of California’s building and contractor sector.

Becky Pinto, the president of Arrowhead Employees’ Compensation Program, expressed optimism concerning the new providing, highlighting the challenges confronted within the industrial auto insurance coverage panorama in recent times.

“Business auto has grow to be more and more troublesome in recent times,” Pinto mentioned. “We’re wanting ahead to offering this answer to our brokers and clients and providing it as a companion product to pick out Employees’ Compensation contractor/building dangers.”

The industrial auto product is designed for California-based clients in construction-related industries. This system options embody focusing on contractor and building dangers, with a premium vary from $2,500 to $50,000. It accommodates companies with 1 to twenty energy items and a gross car weight of below 20,000 kilos, working inside a 100-mile radius. As well as, the product affords a 12-month coverage time period with direct billing and permits mid-term strikes for shoppers with an in-force Arrowhead Employees’ Compensation coverage.

Arrowhead famous submissions for this program are executed via its on-line web site, Brokers will subject ID playing cards and certificates of insurance coverage.

“This companion product grants Arrowhead a well timed alternative to supply what has grow to be a distinct segment product regardless of its apparent function,” Pinto defined. “Everybody on our Employees’ Compensation crew is worked up to maneuver ahead into 2024 amid this growth.”

Arrowhead Normal Insurance coverage Company Inc. is a nationwide insurance coverage program supervisor with a $2.1 billion written premium in 2023. It has over 20 top-ranked insurance coverage carriers that present stability for its nationwide community of brokers. Arrowhead is a part of Arrowhead Applications, a division of Brown & Brown Inc.

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