Authority & Insurance · Carrier profile · USDOT 507471
BILLY REED
SARALAND, AL 50
Authority & Insurance
Active operating authority by type and the full insurance continuity timeline — insurer, policy, coverage, and any lapses — so you can confirm they can legally and adequately haul your load today.
Operating authority· 49 CFR · per type
Operating authority
- Common
- None
- Contract
- Active
- Broker
- None
Insurance & bonds
BIPD / liability$1,000,000 in force
Cargo filing (census)Not recorded per census
Surety bond (census)Not recorded per census
Insurance adequacy· filed BIPD vs the $750k federal floor
$1M on filegeneral-freight federal minimum
$750k floor
Insurance continuity· insurer · policy · lapses
$750k BIPD last filed · 11 insurers · 0 lapsesInsurer churn
Lancer’11–’25
1993200220112020now
Shorter eras are too brief to label at this scale — all 12 insurers are named in the list below.
BIPD in force — $1,000,000 · PROGRESSIVE SPECIALTY INS. CO. · since Feb 2025
All 12 insurer eras · dates, limits, renewals
| Insurer | Period | Limit | Renewals |
|---|---|---|---|
| PROGRESSIVE SPECIALTY INS. CO. | Feb 2025 → Feb 2025 | $750k | 1 |
| PROGRESSIVE MICHIGAN INSURANCE COMPANY | Feb 2025 → Feb 2025 | $750k | 2 |
| LANCER INSURANCE COMPANY | Feb 2011 → Feb 2025 | $750k | 5 |
| PROGRESSIVE SPECIALTY INS. CO. | Feb 2009 → Feb 2011 | $750k | 1 |
| SAGAMORE INSURANCE COMPANY | Dec 2008 → Feb 2009 | $750k | 1 |
| CANAL INSURANCE CO. | Feb 2007 → Dec 2008 | $750k | 2 |
| CAROLINA CASUALTY INSURANCE CO. | Feb 2002 → Feb 2007 | $750k | 6 |
| WAUSAU UNDERWRITERS INSURANCE COMPANY | Feb 1999 → Feb 2002 | $750k | 2 |
| RELIANCE NATIONAL INDEMNITY COMPANY | Feb 1998 → Feb 1999 | $750k | 1 |
| CREDIT GENERAL INSURANCE COMPANY | Feb 1997 → Feb 1998 | $750k | 1 |
| AXA GLOBAL RISKS US INSURANCE COMPANY | Feb 1995 → Feb 1997 | $750k | 2 |
| OCCIDENTAL FIRE AND CASUALTY CO. OF N.C. | Feb 1993 → Feb 1995 | $750k | 1 |