Insurance

Requirements

Costs

Coverages

Deductibles

Worker’s Compensation

Requirement - coverage for all employees and all owner/operators for all duties performed in the operation of an agency and as an agent for Atlas.

Worker’s Compensation & Employers Liability

Coverage Requirements– Worker’s Compensation - Statutory Limit– Employers Liability - $500,000– Insurance Company - B+ or higher by AM Best

Worker’s Compensation Cost

Company Drivers– 1/3 of Hauling Revenue

Revenue by $100

X

Modified State Rate

Worker’s Compensation Cost

Owner/Operators– $350/Month for Interstate

– $30/Month more to add Intrastate and Local

Primary Liability

Requirements– Certificate of Insurance

– One Million Dollars Coverage

– Insurance Company

B+ or Higher by AM Best

Primary Liability

Coverage Requirements– Auto Liability

Must include owned, non-owned, and hired vehicles plus non-trucking liability.

– Comprehensive General Liability Must include contingent, contracts, products, completed operations and personal injury.

– For Property Damage and Bodily Injury resulting from accidents

Primary Liability

$500.00 charge back for at fault accidents with property damage and/or bodily injury.

$100.00 charge back for property damage from a non-collision accident.

Primary Liability Costs

Non-certified new agents– $4.34/$100 of distributable linehaul revenue

Participating Agents– Range from $2.44 to $5.57/$100 of

distributable linehaul revenue

Excess Liability

Requirement– Additional 19 million coverage

Coverage Requirements– Same as Primary Liability

Non-Trucking Liability

Requirement– One Million coverage on all power units leased

to Atlas

Coverage and Deductible– Same as Primary Liability

Cost– Included with Atlas Primary Liability coverage

– $250/unit with other Primary Liability coverage

Physical Damage Requirement

– None

Coverage– Collision/overturn

– Combined additional coverage

– Towing

Actual Cash Value Factory Installed items only

Physical Damage

Deductibles– Collision/$500

– Combined additional coverage/$250

– Total loss theft or fire damage/none

Cost– Based on year and actual cash value of unit