Venice, Florida (September 27, 2007) – First Guard Insurance Company (FGIC), one of the nation’s premiere physical damage truck insurance companies for commercial (Class 8) vehicles, today announced they will start writing business direct in North Carolina and New Jersey beginning January 1, 2008. Currently, FGIC is licensed in twenty-three states, primarily concentrated east of the Mississippi. The addition of North Carolina and New Jersey brings the total to twenty five. First Guard Insurance Company is rated “A” by AM Best.
“Strategically, North Carolina and New Jersey make sense for our business model. A lot of truckers live in those states. It made sense to get licensed and write some more business.” stated Donna Fortuna, President of First Guard Insurance Company. “As a direct writer we are able to pass on the cost-savings to the owner operator by cutting out the middle man,” added Fortuna. “Customers in these states are going to enjoy the benefits of dealing direct.”
First Guard Insurance Company is the only truck specialty insurer in the country that does not market through independent insurance agents.
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