Transit Bus Insurance

Overview — U.S. Risk Transit Bus Insurance

U.S. Risk Insurance Group, Inc. offers a selective market for buses, focused on shuttle, people-mover and fixed-route transit business. This program places with an A+XV admitted carrier able to quote up to $5 million in auto liability limits (including physical damage) with very low deductibles. Incidental commercial general liability (GL) can be written together with the auto coverage. The market emphasizes competitive pricing, experienced claims handling and dedicated loss-control services.

Ideal Accounts and Appetite

• Shuttle operators, airport shuttles and hotel/corporate people-movers.
• Fixed-route transit buses and municipal people movers (non-EMT vehicles).
• Accounts with professional fleet management, formal driver hiring/training programs, and regular maintenance records.
• Minimum emphasis on high-hazard operations — heavier exposures (specialty sightseeing, school routes with irregular controls, paratransit with medical attendants) should be discussed with underwriting first.

Coverage Highlights and Advantages

• Auto liability up to $5 million (including physical damage) from an admitted A+XV carrier.
• Low deductibles available to meet fleet operator needs.
• Optional incidental GL written with the auto policy when needed.
• Access to seasoned claims and loss-control services to help manage frequency and severity.
• Competitive pricing for accounts that meet the program’s submission standards.

Underwriting Notes and Submission Requirements

U.S. Risk requires a complete submission for review. The program typically targets accounts with annual premium potential of $75,000 or more (shuttle and people-mover accounts, including fixed-route transit buses and non-EMT vehicles). Incomplete files will delay or prevent quotation.

Provide the following fully completed items with each submission:

1. ACORD applications — 125, 127, 137 (and ACORD 126 if incidental GL is requested).
2. A Public Auto questionnaire.
3. A complete vehicle schedule with description, garaging location, primary use, operating radius, passenger capacity and cost new.
4. Five years of currently valued loss runs.
5. Current financial statement for the named insured.
6. Current driver roster and MVRs.

Territories and Availability

This program is available in the following states and territories: AL, AK, AZ, AR, CA, CO, CT, DE, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, DC, WV, WI and WY.

The carrier is admitted and the placement will reflect admitted policy forms where available. U.S. Risk acts as an excess & surplus lines broker/program administrator for specialized placements as needed.

Why Place This Business With U.S. Risk

• Specialized underwriting for bus and shuttle exposures — underwriters understand the operational details that matter (routes, passenger counts, maintenance programs).
• Access to admitted capacity with high limits and low deductibles for qualified accounts.
• Ability to combine incidental GL with auto for cleaner policy administration.
• Support from claims and loss-control teams experienced in public and private transit operations.

Example Accounts a Good Fit

You might have a client that operates a 10-vehicle airport shuttle with professional driver training, up-to-date maintenance records and predictable fixed routes — this type of account typically fits the program’s appetite. Another fit would be a municipality running fixed-route people movers with strong safety programs and consolidated garaging locations.

How to Submit

Submit the complete package to U.S. Risk underwriters for review. Include all ACORDs, the public auto questionnaire, vehicle schedule, five years of loss runs, current financials and driver MVRs. Missing documents will slow the process.