I love helping our customers save money on their insurance. I really love it when the savings go hand-in-hand with better coverage to keep them in business.

When it comes to shopping for auto insurance as a Contract Carrier for a 3PL, the biggest challenge can be finding an insurer whose coverage is in full compliance with your 3PL contract.

I was on the phone last week with a Contract Carrier who has a fleet of 32 power units hauling 100% Building Materials. His premium had gotten so high that he was desperate to find a better price. He had received a few estimates that were lower, but the coverage wasn’t meeting his 3PL contract requirements.

I was confident that we could not only help him lower his premium, which we did by 20%, but also improve his coverage.

Here’s how we did it:

• Fully compliant insurance for 3PL partners — our Last Mile Delivery Insurance Coverages are customized to meet 3PL contract requirements — always.

• Better Coverage — his current coverage was a Scheduled Auto Policy, which is somewhat risky for a contractor with a fleet of this size. If an unscheduled vehicle were to suffer a loss, it would not be covered under that policy. We were able to offer him Symbol 1, Any Auto Policy, which is much safer for a fleet of 32 units.

At the end of the day, saving money on auto insurance premiums is a big win, but even bigger is the assurance that your policy isn’t jeopardizing your 3PL contract or your business.

Mitch MacCaull

Mitch MacCaull is AVP of the BizCHOICE Transportation Insurance Program, focusing on Last Mile Delivery program distribution, helping contact drivers obtain affordable coverage so they can be as profitable as possible. Mitch is celebrating his 9th year with Paul Hanson Partners, and holds licenses in life and health and property and casualty insurance. He enjoys spending time with his two sons, either traveling, playing golf, soccer and baseball, and going to movies.