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

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

“Industrial auto has grow to be more and more tough in recent times,” Pinto mentioned. “We’re wanting ahead to offering this resolution to our brokers and prospects and providing it as a companion product to pick Staff’ Compensation contractor/development dangers.”

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

Arrowhead famous submissions for this program are carried out by way of its on-line web site, ArrowheadExchange.com. 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 Staff’ Compensation crew is worked up to maneuver ahead into 2024 amid this growth.”

Arrowhead Common 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 Packages, a division of Brown & Brown Inc.

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