Do You haul Containers and Want to Get A Commercial
Trucking Insurance Policy that Meets UIIA Requirements?
Elite Insurance & Beyond is the
ONE-STOP-SHOP for All Your Trucking Insurance Needs!

Being an Industry-Leading Trucking Insurance Company, Elite
Insurance & Beyond provides UIIA Intermodal Trucking Insurance,
a
full-fledged commercial Intermodal Trucking Insurance policy that exactly meets
the UIIA requirements. 

What is Intermodal UIIA for Trucking
Insurance?

UIIA (Uniform Intermodal Interchange and Facilities Access
Agreement) is a standard industry contract that regulates the interchange of
equipment between Intermodal Trucking Companies, motor carriers, and equipment
providers (Ocean carriers, railroads & equipment leasing companies). The
UIIA is administered by the IANA (The Intermodal Association of North America,
a trade association that oversees the combined interest of the whole intermodal
freight industry.

The UIIA can be explained in the form of a binding contract
between intermodal trucking companies and motor carriers (who use containers or
other intermodal equipment) on the one port and ocean carrier, rail carriers,
or leasing companies that offer this type of intermodal equipment on the other
port. The intermodal trucking companies and motor carriers at the port where
freight transportation starts are known as users, while the ocean carriers,
rail carriers, or leasing companies that provide intermodal equipment on the other
port are known as Providers. So, UIIA is a standard industry contract between
intermodal equipment users and providers.

Both Users and Provider parties are bound to follow the
guidelines given by the UIIA for any type of interchange of Intermodal Equipment.
The UIIA covers liability and other issues related to the interchange of
intermodal equipment, such as containers and chassis between parties.

The Commercial Intermodal Trucking Insurance that meets
the requirements of UIIA is known as The Intermodal UIIA Trucking Insurance,
and it is mandatory to have for Intermodal motor carriers that transport
container-based freight between shipping ports and railyards.

When a motor carrier becomes a participating party to the
UIIA, they agree to the UIIA’s provisions and rules and regulations that govern
the safe and undisputed interchange of intermodal equipment. The equipment
provider (Generally a rail carrier, leasing company, or ocean carrier) also
agrees that equipment interchange activities will occur according to the rules
and regulations of UIIA.

For motor carriers, it’s important to maintain a US DOT
Number in order to stay compliant with UIIA. They also must have to secure an
active motor carrier operating number (also known as (MC Number) where applicable.

What are the UIIA Insurance Requirements?

The major requirements that a Trucking Insurance must meet
to be the Intermodal UIIA Trucking Insurance are as follows:

  • General Liability Coverage

A UIIA Insurance must include the General Liability coverage
with a limit of $1 million per occurrence.

  • Auto Liability Coverage

A Trucking must have auto liability coverage with a CSL
(Combined Single Limit) of $1 million. The Auto Policy must be marked as any of
the following:

  • ANY AUTO Policy
  • SCHEDULED AND HIRED Policy
  • ALL OWNED AND HIRED Policy
  • Cargo Insurance

The limits of Cargo Insurance should be up to $100k, always check
the equipment provider requirement because some of them require higher limits.

  • Trailer Interchange Coverage

Trailer Interchange Coverage must start from $20,000 some
equipment providers required higher limit. It covers you against any physical
damage to non-owned equipment when it’s in the control and custody of your
insured. Trailer Interchange Coverage also protects you against physical damage
to the containers that are being transported.

  • Employer’s Liability and Workers Compensation

Employer’s liability and workers’ compensation are optional
coverage and included in the trucking insurance policy if applicable.

What are the Major Benefits of the Uniform Intermodal Interchange &
Facilities Access Agreement (UIIA)?

UIIA Increase Business Opportunities for Motor
Carriers

Currently, around 95% of the well-known railroads and ocean
carriers are the participating parties of the UIIA, which makes doing business
very easy for motor carriers. They don’t have to work hard to find
interchangeable intermodal equipment. They just pick the right equipment and
get their freight delivered in the scheduled time.

  • UIIA provides freedom to the motor carriers from
    signing separate interchange contracts.

One of the best advantages of the UIIA is that it brings the
users (Motor Carriers) and providers (Ocean carriers or railroad carriers)
closer to each other for on-time and cost-effective delivery of freight. Motor
Carriers don’t have to sign separate equipment interchange contracts with
individual equipment providers as almost all famous equipment providers are the
participating parties of the UIIA.

  • It reduces the number of necessary insurance
    certificate that needs to be filed.

Without UIIA, whether it’s a motor carrier or an ocean or
railroad carrier, a large number of insurance certificates need to be filed.
However, the UIIA reduces the number of insurance certificates that must be
filed as one contract serves as a whole insurance certificate.

  • UIIA Increases Operational Efficiency

Under the UIIA Contract, the provider (Ocean and Railroad
carriers) are directly connected with the users (Motor Carriers and Trucking
Companies), which significantly increase the operational efficiency.

Don’t Waste Your Time in Thinking
and Get an Intermodal UIIA Trucking Insurance Quotes from
Elite Insurance & Beyond!

If you want your trucking business to be smooth,
streamlined, and profitable, don’t delay in getting a commercial trucking
insurance policy that meets the UIIA requirements. Just give us a call or leave
a message, and we will find the insurance quote at the best possible rates in
the market. Elite Insurance & Beyond acts as a bridging force
between You and UIIA so you can improve the productivity and efficiency of your
trucking business. Just Trust Us, and You Won’t Regret It!