Authority & Insurance · Carrier profile · USDOT 270373

FRED E UNDERWOOD

MONROE, NC 74

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$750,000 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

$750k on filegeneral-freight federal minimum

$750k floor

Filed BIPD coverage of $750k meets or exceeds the $750k federal minimum for general freight (49 CFR 387.9). Some commodities (hazmat, larger vehicles) require $1M–$5M — confirm against your load.

Insurance continuity· insurer · policy · lapses

$750k BIPD last filed · 4 insurers · 1 lapseCoverage lapse

Sentry Select’93–’98

Canal’98–’16

Atlantic’16–’20

1993200220112020now

Shorter eras are too brief to label at this scale — all 5 insurers are named in the list below.

BIPD in force — $750,000 · CANAL INSURANCE CO. · since Mar 2024

All 5 insurer eras · dates, limits, renewals

Insurer	Period	Limit	Renewals
ATLANTIC CASUALTY INSURANCE COMPANY	Mar 2023 → Mar 2024	$750k	2
PROGRESSIVE SOUTHEASTERN INSURANCE COMPANY	Mar 2021 → Mar 2023	$750k	1
ATLANTIC CASUALTY INSURANCE COMPANY	Jul 2016 → Jul 2020	$750k	8
CANAL INSURANCE CO.	Jun 1998 → Jul 2016	$750k	7
SENTRY SELECT INSURANCE COMPANY	Apr 1993 → Jun 1998	$750k	3