Business Insurance Business auto eligibility guide · Lexington, KY 40512. 3 Auto class description...
Transcript of Business Insurance Business auto eligibility guide · Lexington, KY 40512. 3 Auto class description...
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Business auto eligibility guide
Business Insurance
Table of Contents
1 Eligibility
2 Ineligible business classes and contact information
3 Class descriptions
8 Coverages
8 Optional endorsements
9 Vehicle eligibility
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About
Our products provide dependable and hassle–free business insurance solutions to a wide array of business classes. This includes pricing that is specifically tailored to the budget of a business owner, expedient claim service, and the expertise of one of the most trusted names in the insurance industry.
This guide will provide you with information regarding general eligibility, driver and vehicle eligibility, acceptable class codes, and available coverages.
Our business auto product is designed for commercial risks where the vehicle use is incidental to the business operations. Eligible risks include the following businesses where the vehicle is secondary to the operations:
• Contractors• Offices• Restaurants• Retail• Professional and technical services• Wholesale and manufacturing
General eligibility• Acceptable prior loss history required with no more than two
at–fault and four not at–fault accidents per policy in the last36–months
• All vehicles must have a gross vehicle weight (GVW) of20,000 lbs or less
• Vehicles with a cost new of $150,000 or less• Fleet size up to 9 vehicles (larger fleets can be considered
and are submitted manually for underwriting review). Pleasecontact your Regional Sales Manager for additional details.
• Prior business auto insurance required unless there wasno need (i.e. – a new venture or the business did not haveany vehicles)
• Risks requiring state and federal filings must be reviewed byunderwriting for acceptability prior to binding
• Satisfactory commercial credit
Ineligible:• Passengers for hire• Specialized/time sensitive delivery• Transportation of hazardous, waste or explosive materials
Driver eligibility• All drivers must have a valid U.S. driver’s license and a verifiable
driving record (foreign licenses may be allowed at the discretionof underwriting)
• No excluded driver’s — all drivers must be included and rated• Satisfactory driving record is required
– Total minor violations for the policy can not exceed four – Total major violations for the policy can not exceed two – Any individual driver can not have more than two minor
violations and/or an at-fault accident or more than 1 major violation within the last 36 months
– Total at-fault accident for the policy must not exceed 2 – Total not at-fault accidents for the policy must not exceed 4 – Any individual driver must not have more than 1 at-fault
accident or more than 1 not at-fault accident in the last 36 months
Vehicle eligibility• All vehicles must have a valid 17-digit VIN (utility trailers accepted)• Fleet size up to 9 vehicles (larger fleets can be considered
and are submitted manually for underwriting review)• Operational radius up to 99 miles at least 80% of the time
Ineligible:• Vehicles classified as “special types”• Vehicles leased or rented to others
Vehicle usage• Retail — vehicles that deliver to residences• Service — vehicles that normally travel to job sites where
it is parked most of the day• Commercial — everything not service or retail
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Ineligible business classes• Agricultural operations• Ambulance companies• Amusement and recreation industries (includes racetracks)• Automobile dealers (new and used)• Driving schools• Educational organizations (other than technical schools)• Fuel dealers/distributors• Gas stations/garages• General freight trucking/long haul trucking (excludes
local operations)• Hearses• Hotels/motels/casinos• Mix in transit vehicles• Public administration• Public transportation• Sand and gravel hauling• Septic companies• Social service/religious organizations• Taxis/limos or any livery exposure of any kind• Time sensitive delivery (courier or armored car service)• Towing services/vehicle repossession companies• Vehicle leasing• Waste/refuse hauling
Important contact information
Service center: 8 AM – 9 PM Monday–Friday (Eastern Time)
Billing and payments
Phone: 888–231–1497 (option 1)
Payment remittance address
Metropolitan Property & Casualty Insurance Company
PO Box 783861
Philadelphia, PA 19178–3861
Overnight payment address
Lockbox Services (Box #783861)
Metropolitan Property & Casualty Insurance Company
MAC Y1372–045
401 Market Street
Philadelphia, PA 19106
All other policy services
Phone: 888–231–1497 (option 3)
Fax: 866–958–1712
Email: [email protected]
Claims center: available 24–hours daily
Phone: 888–231–1497 (option 2)
Fax: 859–890–8150
Email: [email protected]: PO Box 14742
Lexington, KY 40512
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Auto class description Classification NAIC code
Accounting, tax preparation, bookkeeping, and payroll services Offices 54121*
Advertising, public relations, and related services Offices 5418**
Air conditioning and steam supply Wholesalers 22133*
All other professional, scientific, and technical services Processing and services 5419**
All other specialty trade contractors Contractors 23899*
Apparel, piece goods, and notions merchant wholesalers Wholesalers 4243**
Appliance stores and electronics stores Retail 443***
Architectural, engineering, and related services Offices 5413**
Automotive parts, accessories, and tire stores Retail 4413**
Automotive repair and maintenance Processing and services 8111**
Banking and related financial activities Offices 522***
Barber shops Processing and services 812111
Beauty salons Processing and services 812112
Bed and breakfast inns Accommodations 721191
Beer, wine, and distilled alcoholic beverage merchant wholesalers Wholesalers 4248**
Book, newspaper, periodical and directory publishers Processing and services 5111**
Bookkeeping, accounting, tax preparation and payroll services Offices 54121*
Bowling centers Arts, entertainment 71395*
Building construction–residential/non residential Contractors 236***
Building equipment contractors Contractors 23829*
Building finishing contractors Contractors 23839*
Building material and supplies dealers Wholesalers 4441**
Business schools and computer and management training Educational services 6114**
Business service centers (including copy shops) Processing and services 561439
Business support services Offices 5614**
Cafeterias, grill buffets, and buffets Accommodations 722514
Car washes Processing and services 811192
Carpentry contractors – finish Contractors 23835*
Caterers Restaurants 72232*
Clothing/apparel stores Retail 4481**
Commercial and industrial machinery and equipment rental and leasing Leasing 5324**
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Auto class description Classification NAIC code
Commercial and industrial machinery and equipment repair and maintenance (except automotive)
Other services 811***
Community food services Offices 62421*
Computer systems design and related services Processing and services 54151*
Concrete contractors (precast) and structural steel Contractors 23812*
Concrete foundation and structure contractors Contractors 23811*
Consumer goods rental Retail 532299
Corporate, subsidiary, and regional managing offices Management 551114
Data processing, hosting, and related services Processing and services 518***
Delivery service – appliance or similar bulk goods Transportation 484110
Dentists/physicians offices Offices 621***
Dry cleaning and laundry services Processing and services 8123**
Dry wall and insulation contractors Contractors 23831*
Educational support services Institutional 6117**
Electrical contractors and other wiring installation contractors Contractors 23821*
Electronic shopping and mail–order houses Retail 4541**
Electronics and appliance stores Retail 443***
Employment services Offices 5613**
Exterminating and pest control services Processing and services 561710
Facilities support services Offices 5612**
Farm product raw material merchant wholesalers Wholesalers 4245**
Financial investment services Offices 5239**
Finish carpentry contractors Contractors 23835*
Fitness and recreational sports centers Arts, entertainment 71394*
Flooring contractors Contractors 23833*
Florists Retail 4531**
Food service contractors Contractors 72231*
Foundation, structure, and building exterior contractors Contractors 23819*
Framing contractors Contractors 23813*
Funds, trusts, and other financial vehicles Financial 525***
Funeral homes and funeral services Processing and services 81221*
Furniture and home furnishing merchant wholesalers Wholesalers 4232**
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Auto class description Classification NAIC code
Furniture stores Retail 4421**
General merchandise stores Retail 45299*
Glass and glazing contractors Contractors 23815*
Golf courses and country clubs Arts, entertainment 71391*
Grocery and related product merchant wholesalers Wholesalers 4244**
Grocery/specialty food stores Retail 445***
Hardware, and plumbing and heating equipment and supplies merchant wholesalers Wholesalers 4237**
Health and personal care stores Retail 446***
Home furnishing and furniture merchant wholesalers Wholesalers 4232**
Home furnishings stores Retail 4422**
Home health care services Social assistance 6216**
Household appliances and electrical and electronic goods merchant wholesalers Wholesalers 4236**
Industrial launderers Other services 812332
Information services Information 519***
Insurance agencies, brokerage and other related activity Offices 5242**
Investigation and security services Offices 5616**
Janitorial/cleaning services Contractors 56172*
Jewelry, luggage, and leather goods stores Retail 4483**
Landscaping services Contractors 561730
Laundry and dry cleaning services Processing and services 8123**
Lawn and garden equipment and supplies stores Retail 4442**
Legal services Offices 5411**
Linen supply Other services 812331
Locksmiths Processing and services 561622
Mail-order houses and electronic shopping Retail 4541**
Management, scientific, and technical consulting services Offices 5416**
Marinas Arts, enterainment 71393*
Masonry contractors Contractors 23814*
Medical – physicians/dentists offices Offices 621***
Medical and diagnostic laboratories Processing and services 6215**
Miscellaneous durable goods merchant wholesalers Wholesalers 4239**
Miscellaneous nondurable goods merchant wholesalers Wholesalers 4249**
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Auto class description Classification NAIC code
Mobile food services Food services 72233*
Monetary authorities–central bank Offices 521***
Motion picture, video, and audio industries Warehousing 512***
Motor vehicle and motor vehicle parts and supplies merchant wholesalers Wholesalers 4231**
Museums, historical sites, and similar institutions Arts, entertainment 712***
Nail salons Processing and services 812113
Newspaper, periodical, book, and directory publishers Information 5111**
Office administrative services Offices 5611**
Other support services Offices 5619**
Other telecommunications Information 5179**
Outpatient care centers Offices 6214**
Paint, wallpaper or wallcovering stores Retail 444120
Paper and paper product merchant wholesalers Wholesalers 4241**
Payroll services, accounting bookkeeping and tax preparation Offices 54121*
Performing arts, spectator sports, and related industries Arts, entertainment 711***
Personal and household goods repair and maintenance Other services 8114**
Personal services Other services 8129**
Pet care (except veterinary) services Processing and services 812910
Physicians / dentists offices Offices 621***
Plumbing, heating, and air–conditioning contractors Contractors 23822*
Printing and related services Processing and services 323***
Private households–non business Other services 814***
Professional and commercial equipment/ supplies wholesalers Wholesalers 4234**
Professional, scientific, and technical services Professional 54****
Professional, scientific, and technical services – all other Processing and services 5419**
Property management services Offices 531***
Public relations, advertising and related services Offices 5418**
Publishers – book, newspaper, periodical and directory publishers Processing and services 5111**
Radio and television broadcasting Information 5151**
Real estate agencies Offices 53131*
Recreational and vacation camps (except campgrounds) Accommodations 721214
Religious, grantmaking, civic, professional, and similar organizations Other services 813***
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Auto class description Classification NAIC code
Restaurant – full service Restaurants 722511
Restaurant – limited service Restaurants 722513
Retail stores – all Retail 4539**
Retail/commercial bakeries and tortilla manufacturing Retail 311***
Roofing contractors Contractors 23816*
RV (recreational vehicle) parks and camp grounds Accommodations 721211
Schools – technical and trade Educational services 6115**
Scientific research and development services Processing and services 5417**
Security services and investigation Offices 5616**
Services to buildings and dwellings Offices 5617**
Siding contractors Contractors 23817*
Site preparation contractors Contractors 23891*
Skiing facilities Arts, entertainment 71392*
Snack bars Accommodations 722515
Software publishers Information 5112**
Specialized design services Processing and services 5414**
Specialty trade contractors – all other Contractors 23899*
Sporting goods, hobby, musical instrument, and book stores Retail 451***
Steam and air conditioning supply Utilities 22133*
Storage and warehousing Warehousing 493***
Structural steel and precast concrete contractors Contractors 23812*
Support services – other Offices 5619**
Technical and trade schools Institutional 6115**
Telecommunications – other Information 5179**
Television and radio broadcasting Information 5151**
Tile and terrazzo contractors Contractors 23834*
Travel arrangement and reservation services Offices 5615**
Vocational rehabilitation services Offices 6243**
Warehousing and storage Warehousing 493***
Water supply and irrigation systems Utilities 22131*
Wholesale electronic markets and agents and brokers Wholesalers 425***
Wholesalers, nondurable goods Wholesalers 424***
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Business auto coverages Not all coverages and coverage limits are available in all states
Coverages Limits available
Bodily injury $100,000, $300,000, $350,000, $500,000, $750,000, $1,000,000, and $2,000,000 combined single limits available
Medical payments $5,000, $10,000, $50,000 and $100,000; limits vary by state
Personal injury protection (PIP) State specific coverage available
Physical damage coverages Comprehensive and collision coverage available with deductibles of $250, $300, $500, $1,000, $2,500 and $5,000 (deductibles may vary by state)
Underinsured/uninsured motorist coverage $100,000, $300,000, $350,000, $500,000, $750,000, $1,000,000, and $2,000,000; must match bodily injury limit
Uninsured motorist property damage coverage (when separate from UM/UIM BI)
State specific coverage available
Optional endorsements Limits available
Audio and visual equipment $500 – $10,000 limits available
Auto loan/lease gap Any lease/loan vehicle; 7% surcharge to physical damage premium
Business auto plus endorsement "Airbag coverage: up to $1,000 per loss
Audio, visual, and electronic equipment: up to $5,000 per loss
Supplementary payments: up to $3,000 for cost of bail bonds; actual loss of earnings up to $500 per day
Blanket additional insured included
Blanket waiver of subrogation included
Employee as insured included
Employee hired autos included
Hired auto physical damage: extended up to $50,000 or ACV for damaged/stolen property
Personal property coverage: up to $400 for apparel you are wearing and personal property owned by the insured
Reasonable expenses/work loss: up to $500 per day
Trailers increased load capacity to 3,000 lbs.
Transportation expense increased limit to $50 per day/$1,500 maximum
Waiver of glass deductible included
Business interruption coverage Per described vehicle (no limit)
Drive other car endorsement Endorsement available
Employees as insureds Per specified employee
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Optional endorsements Limits available
Glass deductible waiver Endorsement available
Limited Mexico coverage 10 day trip, within 25 miles of the border
Loss of use – rental vehicles $20 per day/$600 maximum
Rental reimbursement $450, $750, $1,500, and $2,500; up to 30 days of coverage; available when comprehensive and collision coverage are selected
Tapes and discs $200 limit
Towing coverage $50, $100, $200, $250 and $500; available with comprehensive coverage for PPTs only
Specified auto liability (symbol 7) Policy limits to $2,000,000
Hired autos liability (symbol 8) Policy limits to $2,000,000
Non–owned auto liability (symbol 9) Policy limits to $2,000,000
Waiver of subrogation Endorsement available
Vehicle eligibility
Types Vehicles
Cars, trucks, SUVs, pickups Car, sport, utility, pickup (1/2 ton or less), pickup (3/4 ton), pickup (1 ton or more)
Vans Cargo/compact, full size, mini van, delivery/step van
Trucks Box/straight, stake body, refrigerated, flatbed, utility
Trailers Utility, gooseneck, horse, low-boy, tilt
MetLife Auto & Home | 700 Quaker Lane | Warwick, RI 02886MPL 4224-000 (1118) L0319512751[exp0222][All States][DC] © 2019 MetLife Services and Solutions, LLC
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Form numbers may vary by state and coverage offerings may vary by form. The forms listed are the most commonly used forms. Not all coverages and limits are available in all states.
Check with sales management for state availability.
MetLife Auto & Home® is a brand of Metropolitan Property and Casualty Insurance Company and its affiliates: Economy Fire & Casualty Company, Economy Premier Assurance Company, Economy Preferred Insurance Company, Metropolitan Casualty Insurance Company, Metropolitan Direct Property and Casualty Insurance Company, Metropolitan General Insurance Company, Metropolitan Group Property and Casualty Insurance Company, and Metropolitan Lloyds Insurance Company of Texas, all with administrative home offices in Warwick, RI. Coverage, rates, discounts, and policy features vary by state and product, and are available in most states to those who qualify. Policies have exclusions, limitations, and terms under which the policy may be continued in force or discontinued. For costs and complete details of coverage, contact your local MetLife Auto & Home representative or the company.