TRUCK PHYSICAL DAMAGE
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Gramercy Insurance Company
TRUCK PHYSICAL DAMAGE
GIC's underwriting expertise allows our customers to benefit from the deep degrees of leverage. In order for you to perform in the event of the unknown, we participate on your behalf. Our knowledge allows us to be creative in a world of change.

Truck Physical Damage Program
Owner Operators and fleets subject to the following coverage limits:
$150,000 - Any one Tractor, Straight Truck
$100,000 - Any one Trailer
$75,000 - Trailer Interchange

Applications
We prefer to use the Gramercy Application for Truck Physical Damage Insurance.

Binding Authority
Our producers do not have binding authority. However, once Gramercy Insurance has issued a quote and the risk has not been altered in any way, you may make a written request to bind coverage by email or fax.

Submission Requirements
In addition to a fully completed and signed application, the following information is needed in order to obtain a fleet quote:

  • Company loss runs for the last four years
  • Financial statements, including income statement and balance sheet
  • Driver list with date of birth and date of hire
  • Satisfactory Motor Vehicle Records (MVR) on accounts
  • Equipment list with values and serial numbers
  • Fuel tax mileage reports (schedule B or IFTA) for the last two years
  • Summary of hiring practice guidelines
  • Summary of safety programs
  • Summary of maintenance programs

Quotes
Gramercy quotes are based on the information submitted and are valid for 30 days unless there has been a change in exposure, new claim occurrence, or an increase in the amount of existing claims.

Policy Form
We use the Gramercy Truckers Coverage Form.

Underwriting Experts
Linda Brandon 1-888-202-0422 Ext. 2023 lbrandon@gic.com
Virginia Hall 1-888-202-0422 Ext. 2091 vhall@gic.com
Larry Martin 1-888-202-0422 Ext. 2029 lmartin@gic.com

Transportation Marketing Manager
Mike Darrah 1-888-202-0422 Ext. 1803 mdarrah@gic.com
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