Financial & Insurance Insights

Mack Financial Unveils Comprehensive Rolling Asset Program for Fleet Coverage

Expansion of Insurance Offerings by Mack Financial Services Mack Financial Services (MFS) has broadened its insurance offerings to encompass physical damage coverage applicable to all makes and models within a customer’s fleet. Introduction of the Rolling Asset Program In a recent announcement, MFS

By Trucker Talk Radio 1 min read
Mack Financial Unveils Comprehensive Rolling Asset Program for Fleet Coverage
Mack Financial Unveils Comprehensive Rolling Asset Program for Fleet Coverage

Expansion of Insurance Offerings by Mack Financial Services

Mack Financial Services (MFS) has broadened its insurance offerings to encompass physical damage coverage applicable to all makes and models within a customer’s fleet.

Introduction of the Rolling Asset Program

In a recent announcement, MFS introduced the Rolling Asset Program (RAP), a versatile coverage option aimed at safeguarding all assets involved in a customer’s operations. This program features a consistent fixed rate for terms extending up to 72 months, as well as monthly payment choices. Notably, claims made under this program do not affect the customer’s insurance rates, eliminating the need for annual renewal negotiations. Coverage is available for any asset, irrespective of its financing status.

(Photo: iStock)

Comprehensive Coverage Options Available

The RAP includes multiple deductible choices ranging from $1,000 to $10,000 and offers an optional deductible specifically for windshields. Additional coverage options encompass uninsured or underinsured motorist protection, Personal Injury Protection in certain states, and optional coverage for downtime or rental reimbursement, along with towing coverage that provides up to $20,000 for Class 8 assets and $10,000 for trailers and other vehicle categories. Non-trucking liability coverage is also available in specified states alongside physical damage protection.

Enhancing MFS’s Insurance Solutions

The introduction of RAP is a continuation of MFS’s efforts to enhance its extensive range of waiver and insurance solutions.

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