Great news for companies that would prefer independent delivery drivers to have their own cargo insurance.  Cargo insurance is available through the Association for Delivery Drivers (A4DD), and as of this coming Sunday night (10/1/2018) when our master policy renews, we are making changes that spell out S-A-V-I-N-G-S for most of our members.

NEW CARGO INSURANCE

Lloyds of London is becoming our new insurance partner. Lloyds is one of the biggest names in insurance globally and they are literally where transportation insurance began. Besides a stellar reputation they have earned an “A” rating from A.M. Best.

For the vast majority of association members, this change will mean that cargo insurance costs will GO DOWN, yet the coverage terms are similar or better. The typical member will see price reductions of about 5% and some will see savings closer to 10%. Everyone else will see rates stay within about 1% of their current price.

Pretty good news right? Well it gets better.

Drivers with cargo insurance through A4DD currently do not have to do anything to qualify for the new program.

Members with cargo insurance now will automatically transfer to the new insurance with Lloyds of London and the new charges will apply as of Sunday, Sept. 30^th.  Other members can apply for the new cargo insurance with just a few keystrokes.

New General Liability Protection Options

Going forward, coverage for damage caused to property other than cargo while not driving will be covered by a new General Liability insurance benefit that we now have available to drivers. An example would be scratching a floor, denting a wall, or knocking over something valuable with a hand truck.  This “GL” insurance is also from Lloyds of London and protects drivers for claims up to $100,000 as well as paying their legal bills.

In addition to covering property damage, the new “GL” policy also covers claims that drivers injured someone else. It can even cover claims from assembling or installing property like furniture, appliances, and sporting goods. GL coverage naturally does not cover accidents that would be covered by business auto insurance. Still, GL insurance is a big improvement on our driver protection benefits, and we can deliver it to A4DD members at just $4.00-$7.00 a week.

Check it Out!

General Liability coverage is optional but for a busy delivery professional it offers much needed protection. To get covered, drivers must first apply.  They will not be enrolled automatically. But it’s quick and easy to get. Answer a few questions and in less than two minute most will have an exact quote.  Starting on Monday, October 1^st, drivers can simply log into A4DD.org, click on the Insurance box, and select the new “General Liability Insurance” option from the menu.

New Certificates

New Certificates will automatically go to drivers’ primary contracting companies if they have a Contracting Company Code (CCC). Drivers can order certificates of insurance by logging into our website at A4DD.org and navigating to Member Benefits and then Insurance.

THE BOTTOM LINE

Our Association’s cargo insurance is changing on Sunday, 10/1. The new Lloyds insurance offers equivalent protection at a lower price for most members. To continue with cargo insurance, members currently insured do not have to do anything.

To continue coverage for non-cargo property damage (and gain protection against claims for injuries, faulty installation, etc.) drivers can quickly apply for affordable General Liability insurance from A4DD.

To learn more and apply, visit the Insurance benefits area at A4DD.org.

We are pleased to share this great news with you. We will keep looking for opportunities to increase the value of association membership so that you feel good publicizing A4DD to the independent driver-vendors you contract with.