Coverage requirements
Armored Transport & Cash Logistics Services
Last updated August 2026 · Maintained and reviewed by the Advocate Insurance Consultants coverage research team.
Overview
What an adequately protected Armored Transport & Cash Logistics Services program looks like
Armored car services transport currency, coins, checks, and other valuables on behalf of their clients. Workers' compensation and inland marine are the leading exposures, reflecting the risk of serious injury to drivers and guards during robberies or accidents and potential large losses of valuables in the company's care. Taking in Auto Liability, Auto Physical Damage, General Liability, Worker's Compensation, Fidelity Bond among other essential lines, this Advocate Standard profile pins limit, deductible, and carrier-quality benchmarks to the real risk armored transport & cash logistics services carry.
Key takeaways
- Spans 110 published requirements across 38 coverage type-peril pairs.
- Applies to 2 asset types: Armored Vehicle Fleet, Transportation / Fleet Operator.
- Covers 15 coverage types and 15 distinct perils.
At a glance
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Completion score
7 of 38 WIM pairs required
Coverage tower
Required limits by coverage type and peril
Requirements
Full requirement set for Armored Transport & Cash Logistics Services
Every requirement in the Advocate standard, 110 rows across limits, deductibles, carrier rating, and presence checks. Search and filter to drill in.
Showing 50 of 110 matching · 110 total
Compliance
Who requires Armored Transport & Cash Logistics Services
- Armored transport and cash logistics insurance is required by the banks, retailers, and financial institutions who contract cash-in-transit services and demand certificates confirming coverage for currency in the carrier's care before releasing valuables.
- Federal motor carrier authority obligates for-hire operators to maintain auto liability filings and minimum limits.
- Equipment finance lenders holding paper on armored vehicle fleets require auto physical damage as a collateral condition.
- Carriers and reinsurers underwriting the account rely on documented inland marine and crime limits given the extreme value of contents in custody.
- Brokers assembling the placement, and investors evaluating a cash logistics operator, treat this coverage set as evidence that the firm can absorb a catastrophic loss of valuables or a robbery-related injury without impairing the balance sheet.
Carrier standard. Carrier must have AM Best rating >= A- and size >= VII.
Advocate runs these checks automatically for the brokers who place transportation & logistics coverage.
Exclusions
What Armored Transport & Cash Logistics Services does not cover
- Armored transport and cash logistics insurance built on inland marine, motor truck cargo, auto liability, crime, and workers' compensation still carries carve-outs.
- Employee theft and infidelity may be covered under the fidelity bond and crime forms but are frequently excluded from cargo and inland marine, creating a gap if limits are not coordinated.
- Mysterious disappearance and inventory shortage can be excluded or sublimited.
- Auto liability includes federal minimum obligations, but pollution from vehicle fuel and cyber exposures tied to tracking systems are outside standard terms.
- Also absent are directors and officers liability and employment practices liability.
- Damage to the currency itself while outside the vehicle, and losses during unattended stops, may be limited by policy conditions and require careful review of custody wording.
Risk advisory
Typical coverage gaps in Transportation & Logistics
Armored transport and cash logistics operators hold the highest care-custody-and-control values in ground transportation, and coverage coordination is the primary gap.
- First, confirm that inland marine, crime, and fidelity limits are aligned so a loss involving employee collusion is not denied by one form and sublimited by another.
- Second, verify that limits for currency in transit reflect peak load values on a single vehicle, not average routes, since one high-value run can exceed standard sublimits.
- Third, review auto liability filings to ensure federal minimums are met and the MCS-90 endorsement is in place for for-hire operation.
- Fourth, evaluate workers' compensation and employers liability for guards and drivers exposed to robbery-related injury, a severe severity driver.
- Finally, benchmark general liability for bystander injury during confrontations, and confirm custody wording covers unattended vehicles and losses that occur while valuables are outside the truck.
FAQ
Frequently asked questions
What insurance do armored car companies need?
Armored car companies need inland marine and crime coverage for currency and valuables in their care, motor truck cargo, commercial auto liability with federal filings, auto physical damage for the armored fleet, workers' compensation for drivers and guards, and general liability. Coordinating inland marine, crime, and fidelity limits is essential so a single loss is not sublimited or denied across overlapping forms.
How is customer currency covered in armored transport?
Customer currency in an armored carrier's care is covered through inland marine and crime coverage tailored to cash-in-transit. Limits should reflect the peak value carried on a single vehicle rather than an average route. Operators must review custody wording carefully, since losses during unattended stops or while valuables are outside the truck can be limited by policy conditions.
Do armored car services need FMCSA insurance filings?
For-hire armored carriers operating in interstate commerce must maintain commercial auto liability that meets federal minimum limits and file proof through the appropriate motor carrier forms. The MCS-90 endorsement guarantees public liability claims are paid up to the federal minimum. Without valid filings, an operating authority can be suspended, halting the ability to run routes legally.
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