Security Fleet Insurance

For pre-approved retail agents and brokers with a solid book of Security accounts, RLI Transportation actively welcomes security insurance risks.

Security Specific Criteria

• $10,000 minimum premium
• Our focus is on hard to place security risks.
• Fleets typically include: Private Passenger, Light/Medium Trucks and/or Armored Cars
• Local/Intermediate radius preferred
• Risks with armed and unarmed guards are acceptable
• Operations typically include security staffing & placement, security installation, security training or ATM processing/servicing/repair/maintenance
• Accounts with both frequency and severity issues are not a fit

Ineligible Operations

• Accounts transporting valuables in non-armored cars
• Risks that detain suspects or have cages/vehicle alterations in the back seat
• Insureds that have less than one year of operating experience

Additional Coverages Offered

Hired and Non-Owned Liability

• Can be standalone* or in addition to fleet coverage
• Accounts with large non-owned exposure is preferred
• Large Independent contractor exposures are not a fit

*Standalone hired & non-owned is not available in: ME, MT, TX, MA, LA, HI, NM, NY and AK.

Submission Clearance Requirements

• ACORD 125 and ACORD 137
• A completed RLI New Business Questionnaire
• Vehicle schedule with garaging city/state, year/make/model, specific use, seating capacity, disclosure of any modifications or permanently attached equipment and stated amount values (in Microsoft Excel format if possible)
• Four years of currently valued hard copy loss runs with details on all losses over $25k
• Drivers list with date of birth, date of hire, driver’s license number and state (in Microsoft Excel format if possible)

Additional Requirements

• Two most recent year-end, audited financial statements, balance sheet and income statement**
• Current MVRs for all drivers
• Acceptable loss control phone inspection or digital risk review

Access our Digital Risk Review

**Please note, if financial statements do not meet RLI minimum guidelines, we will not be able to offer a quote.

We may be able to waive financial requirements if annualized premiums are under $250,000 with an average or above average loss control rating.

Coverage Territory Limits

RLI offers coverage throughout the U.S. with the following exceptions:

• Policies cannot be domiciled in MA, LA, MT, HI, NM, NY, AK
• Hired and non-owned only policies cannot be domiciled in the above listed states or in ME or TX
• RLI is not targeting Security insurance risks in South Florida, South Texas, Los Angeles County in California, San Francisco County in California or Cook County in Illinois

Benefits of RLI Transportation Partnership

• Free access to a dedicated loss control expert
• Free access to driver safety training videos through RLI Safety Solutions’ proprietary Learning Management System (LMS)
• One free weekday of onsite driver training from an RLI Loss Control expert
• Discounts on hardware and subscription costs from Samsara, Lytx, & Motive
• Free access to RLI Safety Solutions DOT compliance assistance
• Quarterly claim reviews available on larger risk