Appetite · New ventures
Place the start-up nobody else will quote.
Companies 0 to 2 years old with 1 to 5 vehicles, applying to ModivCare, MTM or MATP. No loss history required.
Why other markets fail it
No loss runs to rate on, thin credit, and a year-one class premium above $15K per vehicle that kills the account before the first paid trip.
How we rate it
Driver vetting and Shuttlebee University completion stand in for loss history. Limits are set to the broker's minimums ($1M CSL, umbrella, abuse coverage) so the certificate clears credentialing the first time.
What to collect
- Broker application or credentialing checklist
- Vehicle list with VINs
- Driver list with MVRs
- Entity documents
- Expected start date
What the client cares about
The owner needs the certificate fast and the premium survivable; the family co-owner will veto a large down payment. Lead with the payment schedule and the bind date.