What Does Last-Mile Delivery Insurance from Founder Shield Cover?

Founder Shield is a retail insurance brokerage, described on its site as “the innovation arm of The Baldwin Group,” and places Founder Shield Last-Mile Delivery Insurance with third-party carriers rather than underwriting the policy itself. ²Company-reportedAbout-us page; applies to Founder Shield's brokerage model generally, restated here for this line.

Founder Shield says it places policies, including Founder Shield Last-Mile Delivery Insurance, only with carriers rated A- or better by AM Best, chosen for the client's industry. It does not name the issuing insurer for this line; that depends on which carrier the policy is placed with. ³Company-reportedGeneral carrier-selection FAQ, not specific to this line's placements.

Founder Shield markets this policy to logistics and delivery companies, e-commerce businesses, independent contractors and gig workers, and restaurants and food-delivery services. ¹Company-reportedLast-Mile Delivery Insurance product page.

Founder Shield says the policy consolidates commercial auto liability, cargo/inland marine coverage for goods being delivered, hired and non-owned auto coverage, and general liability for non-vehicle incidents like a driver falling on a customer's property. ¹Company-reportedProduct page; the issued policy and declarations control actual coverage.

You request Founder Shield Last-Mile Delivery Insurance through Founder Shield's website or an insurance advisor rather than binding coverage directly; Founder Shield says its placement team then approaches carriers on the client's behalf. ^2,3Company-reportedAbout-us and carrier-selection pages describe the general placement process, not a line-specific application form.