Limousine

Innovative solutions for limousine businesses

Lines of business*
  • Automobile liability
  • Physical damage
Liability coverage/limits*
  • Up to $1MM CSL
  • Higher limits available at the underwriter’s discretion
Physical damage*
  • Minimum $500 deductible for comprehensive and collision coverages
  • Minimum stated value or ACV of $35,000
  • Stated values greater than $250,000 must be reinsured
  • Terminal exposures greater than $1MM in total value will be reinsured
  • Units older than 15 years require underwriting approval. A current mechanic’s statement and photograph may be required at the underwriter’s discretion.
Vehicles*
  • Luxury sedans and stretches, vans, and minibuses
  • Vehicles with seating capacity greater than 10 passengers, excluding the driver, may be rated as a charter bus
  • Classic vehicles, stretches greater than 150 inches long, and vehicles with unique modifications will be considered at the underwriter’s discretion
  • Vehicles should be no older than 4 model years
Eligible operations*
  • Pickups arranged at least 24 hours in advance
  • Vehicles used for special events (weddings, proms, funerals), business functions, airport trips, and local “nights on the town”
  • New venture individuals with 2 years professional driving experience or new venture partnerships may be acceptable with resume or letter indicating experience operating a similar vehicle type
  • Radius of operation within 100 miles
  • Must be present at beginning and end of event
Ineligible operations*
  • Risks that operate as demand-response units
  • Risks with fare boxes or meters


To obtain more information about limousine insurance with AGMI or to get more specific detail about the information outlined above, please fill out the form below.

*Eligibility of individual risks and availability of insurance services is ultimately determined by AGMI underwriting. You should consult the actual insurance policy or your broker for details regarding policy terms, conditions, coverage, exclusions, products, services, and programs which may be available to you. Your eligibility for particular products and services is subject to meeting underwriting qualifications and final acceptance by the insurance company providing such products or services.