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Convoy’s carrier insurance requirements

Carriers are contractually required to procure and maintain with reputable and financially responsible insurance underwriters maintaining a rating of B+ or higher, acceptable to Convoy, the following insurance coverages:

  • Automobile Liability insurance to include any automobile, or all owned, non-owned and hired automobiles, covering bodily injury (including injury resulting in death) and loss of or damage to property in an amount not less than $1,000,000 per incident. If applicable law, rule or regulation requires Carrier to maintain amounts in excess of these limits, Carrier shall provide such higher limits.
  • Motor Truck Cargo Liability insurance in an amount not less than $100,000 per incident, and shall not contain any exclusions for employee theft or dishonesty, unattended or unattached trailers, or otherwise likely to result in denial of claims (including commodity specific exclusions, exclusions for corrosion, or exclusions related to use of refrigerated equipment, including breakdown). If Carrier maintains limits in excess of these amounts, Carrier may qualify for Shipments not otherwise available to Carriers only maintaining such minimum amounts.
  • Workers compensation in accordance with any and all applicable laws, rules and regulations.
  • Any other insurance that may be required by Convoy or any applicable federal, state or local laws, rules, regulations or ordinances.
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