Best's Underwriting Report

Paratransit Services

Best's Underwriting reports describe the hazards and loss controls of nearly 600 businesses and municipal services. Each report includes a detailed description of the industry and identifies the hazards and loss controls for those companies. The Hazard Index of each report quantifies the degree of liability in applicable lines of insurance.

Report Date: 7/30/2020 11:54:01 AM
Report Type: Update
Report Description: The Paratransit Services report helps readers assess the insurance needs of companies that provide affordable, accessible transportation to passengers with special needs. Automobile Liability, Automobile Physical Damage, and Professional Liability are the main lines of insurance coverage that carry the highest degree of risk for this industry. Special exposures include the use of highly specialized vehicles, accidents involving multiple victims, and a wide range of injuries for drivers and mechanics. Professional Liability exposures relate to the insured being responsible for safely transporting people that already have some type of medical ailment. Related reports include Ambulance Services and Rescue Squads, Bus Charter Services, Bus Operations – School, Limousine Services, Public Bus Companies, and Taxi Companies.

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