Protect your investment, protect your employees, and protect your relationship with FedEx.
FedEx ISP insurance secured with TRM Insurance.
FedEx Independent Service Providers (ISP) have the opportunity to work with FedEx to deliver packages to customers. Our coverages are ideal for any companies partnering with FedEx as ISPs. Whether you have worked with FedEx for years or you are starting a new ISP, we can help you get the coverages you need.
What is the FedEx ISP program?
FedEx Independent Service Providers (ISP) have the opportunity to work with FedEx to deliver packages to customers. Essentially small business owners, independent service providers are responsible for start-up costs and getting operations off the ground. This includes things like business licenses, hiring, benefits, and securing insurance. They must also have a minimum of 5 routes and/or 500 deliveries.
How can TRM assist you?
TRM has helped ISP owners across the country with the specific types of insurance FedEx requires for the program. This coverage includes general liability, worker’s compensation, cargo insurance, non-trucking liability, and physical damage insurance. We understand the complexities associated with starting and owning a small business. Our goal is to help protect our clients in every potential scenario and from all types of issues.
We work hard to assist you with the proper coverages.
We have extensive experience with the coverages FedEx requires and offer the flexible and comprehensive solutions you need to protect your ISP. Protect your investment, protect your employees, and protect your relationship with FedEx by letting TRM protect you.
Driver coverage and responsibilities.
As a FedEx ISP owner, you are responsible for protecting three things: your liability, your workers, and your cargo. Having well-written, financially viable insurance packages that provide this protection is the key to ensuring that you can deal with any issues that might arise related to these areas. Well-written coverage gives you both financial and legal protection in the event of an accident, an injury, or damage, or lost packages.
What is covered under this policy?
General liability, workers’ compensation, and cargo insurance can be structured to protect you, your company, your employees, and the goods you deliver. When you consult with the experts at TRM, our team will evaluate your needs and recommend the right solutions. For ISP owners, we provide:
Workers’ compensation coverage protects you from claims made by employees who are injured on the job. Again, if one of your drivers is involved in an accident, he or she could hold you responsible. Workers’ compensation helps you defer this expense and puts a limit on the amount that the driver can expect from you.
Cargo insurance is designed to protect the items that you are transporting. Packages can get lost or damaged. Cargo insurance limits your responsibility in these events. Without it, you could be liable for any sort of accidental damage to the packages your company transports.
General liability insurance is designed to protect your business from third-party claims of bodily injury or property damage. When you have a fleet of vehicles and drivers, the odds are good that some sort of accident will occur. If your driver is found to be responsible, you could be held liable. Without general liability coverage, you could be on the hook for paying extensive damages.
Non-trucking liability insurance covers drivers who use the business truck for personal reasons. If a driver has finished their shift but is using the truck to run an errand on their way home, standard trucker’s liability insurance will not cover damages that may result from an accident. Protecting your assets in all circumstances is critical to the success of your business. This additional coverage is an excellent way to limit your liability as much as possible.
Physical damage insurance is available in two forms: collision and comprehensive coverage. This coverage protects your trucks and vehicles in the event of an accident (collision) or damage that results from something else, like vandalism or fire (comprehensive). Having the right types of coverage is the best way to mitigate loss and save yourself money in the long run.
When you want to protect your ISP according to FedEx’s standards, you want to partner with TRM Insurance.
Is it affordable?
Our ISP coverages are not only essential, but they are also affordable. We are happy to discuss your protection needs and are confident that we can use our knowledge and expertise to help you protect your business, your employees, and the cargo they transport.
Whether you have worked with FedEx for years or you are starting a new ISP, we can help you get the coverages you need. Contact our office today to learn more about our ISP insurance offerings.
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