Authority & Insurance · Carrier profile · USDOT 299549

NEXUS COOPERATIVE

CHARLES CITY, IA 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$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

Filed BIPD coverage of $1M 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 · 3 insurers · 0 lapsesContinuous
2010201420182022now

Shorter eras are too brief to label at this scale — all 4 insurers are named in the list below.

BIPD in force — $1,000,000 · CRESTBROOK INSURANCE COMPANY · since Sep 2024

All 4 insurer eras · dates, limits, renewals
InsurerPeriodLimitRenewals
PENN MILLERS INSURANCE COMPANYSep 2023 → Nov 2024$750k2
AUSTIN MUTUAL INSURANCE COMPANYSep 2021 → Sep 2023$750k3
NATIONWIDE AGRIBUSINESS INSURANCE CO.Sep 2011 → Oct 2021$750k3
AUSTIN MUTUAL INSURANCE COMPANYSep 2010 → Sep 2011$750k2