Trucking Insurance
We provide an alternative to agents in the underwriting of risks and placement of specialty insurance.
Commercial Truck Insurance
We are domiciled in the State of Alabama and are currently accepting business in Alabama, Arkansas, Arizona, California, Colorado, Georgia, Illinois, Kansas, Louisiana, Missouri, Mississippi, New Jersey, Nevada, New Mexico, North Carolina, Oregon, Pennsylvania, Texas, Tennessee, Utah, Virginia, West Virginia and Washington.
Coverage Available
- Auto Liability – Up to $1 million
- Personal Injury Protection – In accordance with Statutory Limits
- Medical Payment Coverage
- Uninsured/Underinsured Motorists – In accordance with Statutory Limits
Program Highlights
- Long-Haul Trucking Operations (excluding ineligible classes)
- New Venture and Start-Up Operations in business up to 3 years or less
- 1-5 Power Units
- Online Agent Rater
Learn More About This Comprehensive Coverage
Our goal is to provide our retail agents with a state-of-the-art underwriting platform, competitive rates and unparalleled customer service. Our team of underwriters bring 90+ years’ experience in commercial auto liability “wheels” based business. Park Wood Risk Retention Group, Inc. has purchased a 98% quota share reinsurance treaty from Technology Insurance Company, Inc. (NAIC # 011234). Technology Insurance Company, Inc. is a part of the AmTrust Financial Services, Inc. group of reinsurance companies (AFSI) which is rated “A-” (Excellent), by A.M Best with a Financial Size Category “XV” ($2 Billion or greater) and the participation is 100%.
Park Wood Risk Retention Group, Inc. was formed to provide affordable commercial auto liability insurance to new venture trucking owner operators and small trucking fleets (up to 5 units) engaged in intermediate to long-distance trucking. Source: Holman Acquires Park Wood Managers
