Products

Our product pages have moved to:
https://agent.libertymutual.com/Products
Please update your bookmark.

CT: Coming soon! Cyber suite for additional lines of business

In Connecticut, our comprehensive cyber suite endorsement will soon be available for monoline general liability (GL) and business package policies with effective dates on or after June 1.

With cyber suite for monoline GL and business package policies, your clients will enjoy expanded limits of up to $5 million to provide protection for more complex business exposures.

Offered through The Hartford Steam Boiler Inspection and Insurance Company and replacing the data security endorsement, cyber suite gives your small commercial clients more robust coverage for today’s digital world.

To learn more about cyber suite for monoline GL and business package policies – including how to quote it – check out the on-demand training and visit the product page.

 

 

In Connecticut, our comprehensive cyber suite endorsement will soon be available for monoline general liability (GL) and business package policies with effective dates on or after June 1. With cyber suite for monoline GL and business package policies, your clients will enjoy expanded limits of up to $5 million to provide protection for more complex business exposures. Offered…

Misclassified trailers will be updated at renewal

Starting Feb. 19, trailers with a load capacity greater than 2,000 pounds that are classified as “service/utility trailer” will be updated to the correct classification — “trailer” or “semi-trailer,” as applicable — effective with the policy’s renewal. Trailer classification will be confirmed using manufacturer and model information. This change may result in premium impacts.

 

Trailers with a larger load capacity represent more risk in the event of a loss and must be rated appropriately for the exposure. Inaccurate data and improperly rated policies lead to premium leakage, which drives higher rates at new business and renewal.

 

Use these definitions to help ensure a better client experience:

  • Service/utility trailer — any trailer or semi-trailer with a load capacity of 2,000 pounds or less.
  • Trailer — any trailer with a load capacity greater than 2,000 pounds, other than a semi-trailer.
  • Semi-trailer — a trailer with a fifth-wheel coupling device for use with a truck-tractor, with load capacity over 2,000 pounds. This includes bogies used to convert containers to a semi-trailer.

 

 

Starting Feb. 19, trailers with a load capacity greater than 2,000 pounds that are classified as “service/utility trailer” will be updated to the correct classification — “trailer” or “semi-trailer,” as applicable — effective with the policy’s renewal. Trailer classification will be confirmed using manufacturer and model information. This change may result in premium impacts.  …