Typical documents needed to bind a commercial auto or truck insurance policy.
(1) copies of the valid registration for all vehicles to be insured;
(2) copies of vehicle titles, demonstrating ownership by the applicant, copies of lease agreement(s) may be acceptable as evidence with regard to this requirement;
(3) in the event of newly purchased vehicles, valid transfer of title, copy of dealer purchase invoice or buyers order will satisfy the need for a copy of the registration. Salvage titles are not acceptable for the purpose of this requirement.
Copies of all registrations, drivers licenses or any other required document must be collected prior to binding coverage and forwarded to the servicing carrier immediately after the date of binding coverage.
For newly acquired vehicles, a copy of the valid registration must be mailed to the servicing carrier within 15 calendar days of the date of assignment.
For risks consisting of 10 or more vehicles a copy of the notice of cancellation or nonrenewal from the applicant’s previous insurer or an explanation concerning why the applicant was not insured; and the Application Addendum indicating that the applicant has been refused insurance within 60 days of the date of application from at least three named insurers licensed to transact automobile business in New Jersey.
Get help from insurance specialists that will guide you through the process including helping you save money, learn coverage’s and easily compare the best rates for your company.
Our Truck insurance companies do your filings for you so you are free to get out on the road making a living. They also offer general liability to cover other aspects of your transportation business.
Servicing carriers will also take care of state or federal filings that you may need.
State or federal insurance filings.