MSAG Unveils Commercial Auto Elite

The Main Street America Group announced the nationwide introduction of its new commercial auto endorsement – Commercial Auto Elite.

The endorsement complements the super regional property/casualty insurance carrier’s commercial auto product line by providing liability, physical damage and policy conditions enhancements to its insureds. Commercial Auto Elite is designed to provide business owners with the best auto insurance available in the market at a price that fits every budget.

Coverage highlights of Main Street America’s comprehensive endorsement include:

• Broad form insured — Provides coverage for legally owned subsidiaries and newly formed/acquired organizations.
• Amended fellow employee exclusion -- enables the bodily injury liability coverage to protect an employee against a lawsuit brought by a fellow coworker.
• Autos rented by employees coverage – provides liability coverage for automobiles rented by employees on the insured’s behalf or at their discretion.
• Waiver of subrogation -- waives Main Street America’s right of recovery against organizations the insured has a written contract with that require such a waiver.
• Hired auto physical damage -- covers up to $50,000 for physical damage loss of hired or rented automobiles.
• Additional temporary transportation expense -- increases rental car coverage up to $75 per day.
• Airbag coverage -- provides coverage for accidental discharge of airbags.

Commercial Auto Elite is the newest addition to Main Street America’s line of Elite products. In 2006, the company introduced the Homeowners Elite Program, which provides homeowners with three increasing levels of coverage.

In addition, MVP Auto Elite, Main Street America’s new personal auto package endorsements, was recently introduced in Massachusetts and also features three levels of coverage – platinum, gold and silver. All three endorsements also include 24-hour roadside assistance through the new MSAssist program at no extra charge.

Within the next year, Main Street America plans to roll out MVP Auto Elite to the remainder of the states where it writes business.