Founded in 1864. An employee-owned company.

Armored Car Insurance

Coverage for Armored Car Companies

Marshall & Sterling is one of the very few insurance agencies that specialize in obtaining Cash-in-Transit coverage for the Armored Car and Courier industries.


Specialty Risks presently places armored car coverage nationally for over 135 customers. Our specialist has 18 years of armored car ownership experience along with over 23 years of insurance experience, making our program one of the finest and most comprehensive available.

Whether you have one vehicle or 200 vehicle truck operation, Specialty Risks can place coverage for both your vault and transit exposures. Our Cash in Transit program can be tailored to meet the specific needs of your operation. Armored car coverage is offered on an all physical loss basis which includes protection for losses caused by employee theft, robbery, burglary, destruction, mysterious disappearance, theft, and wrongful abstraction.

In addition to “crime” coverage and surety bonds, we can also supply you with various property liability insurance coverage, which will assist in rounding out your insurance program. Following are some examples of additional insurance coverage we can offer:

Top 10 reasons to choose Specialty Risks for your Security Services Package in addition to your Cash-in-Transit Coverage:

  • Coverage provided on an admitted basis in most states by A.M. Best “A” rated Insurance companies
  • Security Service Errors & Omissions (Professional Liability) Coverage
  • False Arrest coverage
  • Coverage for use of firearms
  • Assault & Battery
  • Lost Key coverage
  • Broad Form Property Damage
  • Wage Freeze endorsements available (Freezes guard wages at a given level for premium computation purposes)
  • Personal Injury coverage
  • Interest-free installments available for accounts that generate at least $5,000 in premiums

Courier Companies:

Marshall & Sterling’s Specialty Risk’s Division has also developed an insurance program for the courier industry. Our main focus for this program revolves around courier operations that service the retail and banking industries by utilizing unarmored motor vehicles.

The coverage has been set up for the protection of the customer’s property in the courier’s care, custody and control. The coverage is provided for third parties and insures against losses caused by employee theft, robbery, burglary, theft, mysterious disappearance, destruction and wrongful abstraction. Limits are available up to $100,000 in coverage and higher limits would be considered under certain circumstances.

In addition to “crime” coverage for the Courier industries, Marshall & Sterling can also furnish you with property and Liability coverage to assist you in rounding out your insurance program. Here are some of the examples of insurance coverage we can offer:

  • Property
  • Business income
  • Electronic data processing
  • General liability
  • Commercial automobile
  • Umbrella policies
  • Excess liability
  • Employment practices liability
  • Directors' and officers' liability
  • Workers’ compensation
  • Disability
  • Group or individual life & health