I'm in California putting together a Business Plan for an incubator I was accepted into called Skydeck at UC Berkeley.
When doing further research on period 2 and 3 insurance coverage for a fleet of vehicles for transportation, I found out James River has a monopoly on this market in California and they will only give quotes for ventures that already have funding.
This is very alarming since I can't finalize my BP without including rates for car fleets of 5k up to 55k. It shows that innovation is put to a halt with this practice as well, and now I am reaching out to forums to get a rough estimate of what composite rate insurance would be.
My assumption is there is a deep discount on the numbers of cars available, but what is that discount for every 5k cars when it comes to period 2&3 coverage?
When doing further research on period 2 and 3 insurance coverage for a fleet of vehicles for transportation, I found out James River has a monopoly on this market in California and they will only give quotes for ventures that already have funding.
This is very alarming since I can't finalize my BP without including rates for car fleets of 5k up to 55k. It shows that innovation is put to a halt with this practice as well, and now I am reaching out to forums to get a rough estimate of what composite rate insurance would be.
My assumption is there is a deep discount on the numbers of cars available, but what is that discount for every 5k cars when it comes to period 2&3 coverage?
