UNSPSC 64121503: Commercial automotive insurance policy

A type of risk management contract that indemnifies against claims and losses arising from physical damage and liability coverages for amounts, situations, and usage not covered by a personal auto policy.

UNSPSC 64121503 Commercial automotive insurance policy is a Commodity code that encompasses third-party claims administration, insurance brokerage services, and underwriting of liability and property coverage for state and local government fleets, facilities, and operations. State and local buyers under this code range from school districts managing transportation fleets and campus properties to county school systems and higher-education governing boards administering multi-billion-dollar real estate portfolios. The work solicited includes full-lifecycle claims management (intake, investigation, reserve establishment, litigation support, settlement), insurance broker services coordinating policy placement and administration across multiple project locations, sealed-bid procurement for property, casualty, automobile liability, and workers' compensation coverage bundled with value-added risk management services such as quarterly loss reporting, contractual liability analysis, and safety training support. Scope varies significantly: a school district may procure claims administration for 280 open files across multiple coverage lines, while a university system's procurement focuses on brokerage services for student housing, recreation facilities, and stadiums valued above $3.5 billion.

Recent activity shows Polk County Public Schools (Florida) advancing an ITN for third-party claim administration services to recommendation-for-award stage in August 2026, with Cannon Cochran Management Services recommended as vendor following Phase II presentations; the contract term runs three years with optional renewals and covers auto liability, first-party property, general liability, professional liability, and workers' compensation claims management. Union County Board of Education (Georgia) issued a sealed-bid solicitation due June 11, 2026, for property and casualty, automobile, and workers' compensation insurance with $1.25 billion property limits, 70-vehicle fleet coverage, and statutory workers' compensation, requiring carriers to maintain Best's A ratings and provide value-added risk management services. The Board of Regents of the University System of Georgia solicited Public Private Venture Insurance brokerage services via eRFP due June 5, 2026. Geographic spread of recent opportunities includes Florida, Georgia, and Texas school districts. Recent solicitations show activity concentrated among K–12 school districts and higher-education systems procuring either full claims administration bundled with RMIS system access or sealed insurance coverage with risk management add-ons.