WHAT IS COMPASS SPECIALTY INSURANCE RISK RETENTION GROUP?
Compass Specialty Insurance Risk Retention Group (“Compass Specialty Insurance RRG”) offers Motor Carrier Liability Coverage for small start-up to medium size companies with 5 to 100 power units. We are supported by a team of professionals and a (A- A.M. BEST) Reinsurance partner to ensure that we are in compliance with all regulatory filings and state laws. Unlike some insurance companies, our members who meet certain criteria have a chance to acquire ownership in Compass Specialty Insurance RRG.
WHY CHOOSE COMPASS SPECIALTY INSURANCE RISK RETENTION GROUP?
Compass Specialty Insurance RRG specializes in you! We will work to help you save hundreds, if not thousands of dollars on the auto liability insurance for your fleet of trucks. Policies for liability insurance are written in-house, and the turnaround time is fast.
Choose the option of a traditional Scheduled Policy, or the option of a payment plan based on end-of-month Gross Receipts, thus increasing your cash flow. With the end-of-month Gross Receipts option, the monthly insurance payment that you pay follows your monthly income. If your trucks are in a lot or in the shop, you DO NOT pay, if your driver takes a vacation, you DO NOT pay. You only pay when your trucks are making you money.
Owning an interest in Compass Specialty Insurance RRG may literally do away with you having to pay an upfront 25% insurance premium in 2017, or in 2018, and beyond.
Compass Specialty Insurance RRG opened in December 2015, and has grown. We are supported by a globally recognized “A-” rated reinsurer, Citadel Risk.*
All freight brokers have fully accepted Compass Specialty Insurance RRG, including J.B. Hunt and C.H. Robinson. Please allow us to help you understand this alternative risk solution for you and your fleet.
CONTACT US FOR MORE INFORMATION BY CALLING 866-583-7890 AND TALK TO OUR RRG TEAM!
* Risk Retention Groups are not supported by State Guaranty Funds.