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Philadelphia Insurance Companies launches new insurance product

Philadelphia Insurance Companies has introduced its new Business Auto Fleet product, which offers coverage for automobile liability and physical damage.

The company offers coverage for a variety of vehicle types up to 26,000 pounds gross vehicle weight including private passenger autos, pickup trucks, trailers, cargo vans, box and panel trucks.

A fleet must consist of five or more vehicles and the radius of local operations must be less than 100 miles. Eligible classes include artisan contractors, public administrations, property management companies, healthcare and educational administration services.

According to the company, this program includes no additional charge, electronic auto ID cards, customized loss control services, online endorsement requests and interest-free installments.