Coverages in a Group Captive
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Coverages in a Group Captive
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Inside captives, there are many different coverages that can be covered. In the Group Captive market, the core coverages that are usually covered are auto liability, physical damage, workers' compensation, and general liability.
The biggest reason these are the coverages included is they are typically the most expensive for a trucking company to insure. Therefore, can produce enough premium to put into the captive loss funds.
When you join a captive these are the coverages where your premium is "in-play" and can earn up to 65% back on your premium.
Listen in as Joel and Kody hit on these coverages and other things to think about when it comes to captive coverages.
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