Transportation Program
Transportation Insurance
CA$ 5K /year
CA$ 10,000
All Provinces
No
- Auto Physical Damage
- Commercial General Liability
- Inland Marine
- common carriers
Product Overview
Transportation Program by Modern Specialty Insurance offers a bundled solution for Canadian common carriers with cross‑border exposure into the US. It brings auto physical damage, motor truck cargo, and commercial general liability together in one coordinated package for fleets that haul for others.
The program targets established carriers that move freight across provinces and into US states. It suits operators comfortable with a CA$10,000 deductible and a minimum annual premium starting at CA$5,000.
Coverage for auto physical damage helps protect owned units against collision, theft, fire, vandalism, and similar losses. Motor truck cargo coverage focuses on goods in transit under the carrier’s care, custody, and control.
About Transportation Program by Modern Specialty Insurance
Commercial general liability responds to bodily injury and property damage claims arising from day‑to‑day operations, on the road and at premises. Together, these coverages support business continuity for carriers that rely on keeping trucks and freight moving.
Transportation Program by Modern Specialty Insurance is available in all provinces and does not require a broker contract, which can help streamline placement. Interested brokers can review the application form, visit the provider’s transportation webpage, or connect with the company via the ‘Contact Underwriter for Quote’ for more detailed discussions and quotes.
Transportation Program by Modern Specialty Insurance FAQs
What types of fleets are eligible for this transportation program?
The program focuses on Canadian-based common carriers that haul freight for a range of customers, including into the United States. It is intended for operations using tractors, straight trucks, trailers, and light commercial units, rather than highly specialized equipment like dump trucks, auto carriers, cement trucks, log trucks, or train trailers, which are not included in the standard wording on the application.
Does the Transportation Program by Modern Specialty Insurance accept new ventures or only established carriers?
The application asks for the year the business was established, total annual revenue, and the number of years of management experience. It also requests prior insurance details and any NSF cancellations in the last three years, which shows that underwriting places value on experience, continuity, and demonstrated financial responsibility when assessing suitability for the Transportation Program by Modern Specialty Insurance.
How are exclusions and special cargo types handled within this transportation program?
The policy identify property that is not covered unless specifically accepted and endorsed, such as money, securities, jewellery, fine art, and manuscripts. The cargo section then distinguishes between non-target and target freight, with percentages and load values, allowing underwriters to see where high-value or theft-prone goods appear and decide whether special terms, sub limits, or separate arrangements are needed.
How does the Transportation Program by Modern Specialty Insurance help coordinate multiple transportation coverages?
The program groups core transportation coverages under one package so underwriting, deductibles, and limits are handled together rather than across several unconnected policies. Because the same provider also offers related products like excess liability, excess cargo, broker E&O, and warehouseman’s legal liability on its transportation page, brokers can extend the structure around a single market while keeping administration relatively simple.
Which coverages can be included in this transportation package?
Transportation Program by Modern Specialty Insurance highlights vehicle, cargo, and general liability protection as the main elements geared to common carriers. On the provider’s transportation webpage, these sit alongside other available transportation products such as umbrella and warehouse-related coverages, which can be layered or combined to address larger limits, brokerage exposures, or storage responsibilities when a client’s profile requires a broader solution.
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