Delivery Service Partner (DSP) and Amazon Flex Insurance Program l Last Mile Delivery Insurance

All right, if you guys are doing appliance installation with rxo, Hub Group, whatever the heck it is, watch this video because I've got insurance program just for you guys. Let's get into it. Hey guys, I'm Hunter with Nelson Insurance. We get a decent amount of guys reach out to us from RXO and Hub Group. I know that typically those guys are putting on their own insurance program where you go in there and pay weekly, stuff like that. But really every time I've, every time I've competed against them, it's been really expensive. So I know it is weekly. I know it's based on your guys revenue which is really nice. And it kind of, you know when you're making more money, you're gonna pay a little more and stuff like that. And if you're not then it kind of helps with the expense and stuff. But it is, it is like from what I've seen, pretty dang expensive. The last guy that I quoted get moved over brought him down from 180,000 to about 140. And with this new, and that was not even with this program. So this new program coming out, I think we could do even more than that. But if you guys look at those contracts at all, you're probably lost because it is, I mean the first time I saw it I was lost. It was. There's so many, there's so many requirements in there to keep up with them that if you guys don't get somebody who has dealt with that before or knows the trucking industry very well, or I should say the transportation industry very well, you could definitely lose, lose a lot of work there. So like this program here I've got pulled up just because there's, there's a lot to it. But like you know your guys, most, those guys are not going to accept Progressive. I can't remember for sure if RXO does. I don't think they do may I think one of the big guys do. But Hub Group for sure will not. And I don't believe RXO will accept Progressive. So then it's like okay, you could go hit Geico, but you know, sometimes they're 25, 30 grand a truck which pretty expensive. You got to go find general liability. They won't accept most these guys as cargo. You can't have a typical cargo policy. If you guys do have a typical cargo policy, be very, very careful because cargo insurance does not cover insulation. So the second you take the thing out of the truck, it's no longer covered. So you can be very, very careful with the appliances as you're installing the home. So what most you guys actually need is what's called an appliance or installation floater. It covers it all the way from pickup delivery to the installation portion. So it covers everything there. So these guys will include all that in their cargo or installation policy. You guys need a general liability with a lot of special wording in the language. So if any of you guys, you know, like some of these guys have policies through thimble and you know, Everspan is what I see. A lot of those policies have a lot of gaps in them. So again when you're taking care of those appliances, you know, some gets destroyed or there's water damage because the hose weren't hooked up correctly to the appliance, you guys be on the hook on it for it and it's going to cost you a fortune. So I'm not here to bore you guys all with oh hey, if this happens you're gonna be in a lot of trouble. But you know, knowing those coverages is, is good because you guys don't want to be caught with a 4050000 claim. But this program is going to have all the wording for everything to make sure that you guys are covered and to make sure that you guys contract is sitting pretty and on top of that not have five different companies and four different bills every single month to you know, try to keep track of. So these guys will do the works for you. They'll do symbol 7 8, 9 for your auto liability which I'm sure that went over a lot of people's heads symbol. Symbol 7 is like every single policy. You know, if your cars, if your truck's in the policy, it's covered. Symbol 8 is hired so like rented. So if you guys are renting the box trucks and leasing them just as some extra coverage for that and then you guys have stuff for non owned trucks which is going to be a lot of help for non owned trucks by the business. So like if a personal vehicle is used by an employee driving to the job site to help with installation, if they go to get in a car accident, they can be sued for that. Why shouldn't be? They would be sued. The, the person that they hit can come after you and really put you guys in a tough spot. So it covers all that. But the main reason behind I say this is because it helps you guys contract, you know, your auto physical damage because you got to meet enterprises requirements or riders requirements, whoever the heck you guys are. Leasing trucks from. A lot of you guys are leasing trucks on this appliance installation business. General liability is going to cover everything there. Motor truck cargo, like we talked about. But here's some of the really big things that are really going to be awesome for you guys. So I know you guys really like the weekly payments, everything like that, that's exactly what these guys have. So it's basically be the exact same programs you guys are part of now, but it's just another option to actually shop you out with. And on top that we just have all the companies like Geico, Berkshire, Applied Underwriters and all those guys who will shop you out too to fit everybody's needs. But this program is just like the one you guys have now. But typically it's a lot cheaper. Like the last guy literally just said quoted saving 40 grand. We're seeing people 10 grand a truck. I mean it's just way, way cheaper than being part of this big pool of everybody. Everybody in your company is in this insurance policy and it's just be ready off everybody. So if you got your buddy, oh, this dude's got a million accidents. But I'm really clean. Your eyes are all on the same policy. It's all shared there. So, so like this is really gonna be helpful for you guys. So they'll still do the 10 deposit there, weekly payments, all that type of stuff. So, you know, that is awesome. You know, I do just want to give you guys a heads up. They're not in every single state right now. They're not really in the west side of everything but like you know, Texas and North Dakota, they're everywhere there besides South Dakota, which is where I'm literally at. And then all but like five states to the east of those guys. So, you know, I'm sure they'll, they'll be coming out with Colorado. That's where we'll see a lot of those guys from and everything at that. But once that, once that comes out, we'll be soon. In the meantime though, we still got Geico and everybody else like that, you know, a million different companies, but yeah, I mean, you know, they're turn on quotes in 24 hours. This, this whole program is really just make sure you guys contract is met. You guys are sitting pretty. It's got all the coverage you guys need. There's not any growth restrictions. So if you guys are, hey shoot, this thing's working out really well. I'm gonna go lease 10 more trucks and throw some more money at this thing. You guys can do that no problem. I know find insurance with stuff can be tough. So a lot of you guys are just through the company that you're with, with Hub Group, rxo, one of the other ones there. But this stuff's just gonna be a lot cheaper. You can actually get to get a little bit of say in your own insurance policy instead of it being through them. And then they'll do all the coverages you guys need. Whether it's the work comp, the occupational accident, all that stuff is needed to be mean. Your guys contract needs. So if you guys are you know, looking for something like this or you guys are appliance installation companies, reach out to us. We can get you, we can get you quoted there. The whole purpose of this video is really not to just sit here and sell you guys, but just to make you guys aware of it. Not very many, not very many agencies have this program. We're one of tens in the nation have them. So it's pretty limited distribution but we do have them. And so if you guys are wanting to see what this is and see if we put some money back in your pocket, feel free. But again that's not to not sell you guys here. Last thing on the deal is it's all A plus rated through Great Plains insurance companies. Who's through? But you can't go like to Great Plains and go get them directly. It's a program which means that they're, they kind of partnered up with a brokerage to do this. So something yeah we got access to. But yeah, I mean that's, that's the insurance side. I mean that contract again is very, very picky on that stuff. So make sure if you guys got an agent for your insurance on the appliance installation that they know what they're doing that the policy actually reads, you know, to meet the requirements. Because if you know, I dealt those safety directors, those guys, those compliance directors, those guys will read that policy and find out real quick and put you, put you out of business. And hey, hey guys. Your insurance does not meet requirements. The COI was incorrect or whatever the heck the deal was. The insurance you got there now, it's not going to work. Not giving you any more loads. You guys are not installing anything else until this stuff is situated. So. So if you guys need help with that, let me know. But I just wanted to send this out there for you guys, get a little bit idea on the requirements, explain the coverages and let you guys know what's programmed. So appreciate you watching and let me know if you got any questions?