(NOTE: Refer to Company Underwriter
if number of moves exceeds 15 per year.)
Self-Insured Retention: 5,000 Per Occurrence
Section II: Rolling Stock and Contents
Insurance Options:
Members now have the option to include
or exclude physical damage coverage. We have also added
the option to buy coverage for the contents of the rail cars.
PHYSICAL DAMAGE COVERAGE ON YOUR RAIL CAR AND ITS CONTENTS
REQUIRES THAT YOU PURCHASE THE RPCA LIABILITY COVERAGE. YOU MAY
ALSO COVER STATIC LOCOMOTIVES. THE RATE IS .60 PER 100 DOLLARS
VALUE.
Coverage to be offered at a flat rate
of 64 cents per 100 dollars of value with a 1,000 deductible.
How do you enroll for the insurance
program? On the attached page,
you will find an application and premium calculation worksheet.
Please complete the form, calculate your premium and return everything
with you check made payable to: HMBD, INC.
RPCA MEMBERSHIP REQUIRED