Why choose us
An insurer whose interests line up with yours
RyskLOK is owned by its members and focused on trucking. That combination changes the relationship between insurer and insured.
The RyskLOK difference
Four reasons, one direction
Owned by the members it protects
As a risk retention group, RyskLOK is owned by its policyholders. The people who pay the premiums are the people the company answers to.
Focused on trucking
Our lineup is built around motor carriers: the liability your authority depends on, plus the coverages your contracts ask for.
One conversation, every coverage
Tell us about your operation once. We look at liability, cargo and equipment needs together instead of one policy at a time.
Plain-language guidance
Limits, filings and lease requirements explained clearly, so you know what you are buying and why.
How we work
Service you can feel
A person reviews your operation
Your quote request is read by our team, who follow up about your drivers, radius and freight instead of pricing you from a single form field.
Answers before you buy
Filings, lease requirements and contract limits are confusing. We explain what each coverage does and why it is recommended.
Guidance when you claim
Clear first steps, a checklist of what to collect, and a claims team that keeps you informed until the claim is resolved.
Know the model
Risk retention group vs. traditional insurer
An honest comparison. A risk retention group is not right for everyone, and we want you to choose with the full picture.
| Topic | Risk retention group (RyskLOK) | Traditional insurer |
|---|---|---|
| Who owns it | The policyholders (members) | Shareholders or policyholders, depending on the company |
| Who it insures | Members with a similar type of liability risk | A broad mix of risks and industries |
| Lines written | Liability insurance only | Liability, property and other lines |
| Regulation | Chartered and primarily regulated in one jurisdiction, then registers in others | Licensed separately in each state where it writes |
| State guaranty funds | Not available | Generally available |
How it works
Four steps to coverage
- 1
Tell us about your operation
Share your USDOT number, equipment, drivers and the coverage you need through our quote request form.
- 2
We review your submission
Our team reviews your operation and follows up with any questions about your drivers, radius or freight.
- 3
Get your proposal
Receive a proposal that explains the limits, terms and options we recommend, in plain language.
- 4
Bind and join
Accept your proposal to bind coverage. As a policyholder you become a member-owner of the risk retention group.
Ready to lock in your coverage?
Tell us about your operation and our team will follow up with the options that fit.