Non-Trucking Liability Insurance
Competition is good for the buyer.
A Decade of Insurance Built for FedEx ISP and TSP Contractors
Paradiso Insurance has been the top independent insurance agency for independent contractors of FedEx Ground / FedEx for over a decade. The independent FDX contractors that are contracted for local pickup and delivery (P&D) are known as ISP’s (Independent Service Providers). The independent FDX contractors that operate linehaul are known as TSP’s (Transportation Service Providers).
Paradiso Insurance has been known for creating the best work comp insurance programs for FedEx contractors. These work comp insurance programs have created a much more price competitive environment for FedEx contractors. There has not been enough competition on the truck insurance markets until today.
Why FedEx ISP and TSP Operators Need Non-Trucking Liability Insurance
FedEx ISP and TSP operators run under the DOT authority of FedEx so the type of auto insurance that they need is called Non-Trucking Liability Insurance (NTL). The NTL insurance covers liability costs to a third party when a truck is being used for a purely personal purpose. The NTL policy also covers physical damage insurance.
The Paradiso and Crum & Forster NTL Program
Paradiso Insurance teamed up with Crum & Forster Insurance Group to create a better Non Trucking Liability insurance program for FedEx ISP and TSP operators. This program has better rates and improved coverage. This NTL truck insurance is available in all 48 contiguous states.
What Makes This NTL Program Different
GAP Coverage at the Stated Amount
The price of new trucks has increased considerably in recent months. ISP and TSP clients purchase these trucks with big loans and small down payments so the need for proper GAP coverage is now more important than ever. The new Paradiso NTL program limits GAP coverage at just the stated amount. So, as long as the ISP or TSP insures the truck at the loan payoff amount or more, then the client will just cover the deductible when the truck is deemed a total loss claim.
No Limit on Towing
We all have heard bad stories of a towing company taking advantage of a trucker in need. The new Paradiso NTL program has no limit on towing when there is a covered claim. Linehaul TSP clients, that run their tractors country-wide, see this as a huge benefit.
Weekly Billing That Matches Your Cash Flow
Local P&D and Linehaul owners usually run their finances on a weekly basis so they wanted the billing to match that weekly process. Clients receive their truck insurance invoices every Wednesday and the funds are deducted on Friday. Insureds can pay by bank ACH or credit card.
Faster Physical Damage Claims
Physical damage truck insurance claims is a hot topic with FedEx ISP and TSP clients. They were not happy with the current process for claims handling so Paradiso Insurance and C&F teamed up with Reserv, the tech forward TPA that prides itself on closing claims quickly.
A Diminishing Deductible for Safe Operators
C&F rewards safe operators with a diminishing deductible. Each year a vehicle (VIN specific) goes claim free, the deductible drops by 25%.
Servicing and Compliance
Insurance servicing and compliance are extremely important. The Paradiso Insurance truck service team operates in multiple time zones which helps maintain a high satisfactory rating. A few years ago, Paradiso Insurance made a large investment into their agency management system to develop open API for insurance compliance so they don’t have to wait on humans to read and approve insurance certificates. Compliance is quick and easy.
Get Your NTL Quote Today
Call Paradiso Insurance today to get quotes on your Non-Trucking Liability (NTL) insurance, workers compensation insurance, employment practices liability insurance and health insurance.
(860) 453-0116 or request your quote online. You can also complete the quote form on this page.