Description
GenStar offers specialized coverage for repossession operations; operations involved in the repossession of automobiles and other vehicles such as watercraft and mobile equipment.
Coverage:
• Commercial General Liability coverage
• Garage Keepers Coverage—Options to provide coverage on a third party/legal liability basis, or first party/physical damage alternative
• Additional Insured—Financial Institutions—Automatic status when required in a written contract or agreement
• Personal Property of Others Legal Liability—Coverage for the property of others in a covered auto—$5,000 limit applies
• Assault and Battery exclusion (with option to delete)
• Wrongful Repossession
• On Hook Coverage for Repossessed Automobiles and other vehicles—Coverage is provided while on the hook of the insured tow trucks
• Operation of Repossessed Automobiles and other vehicles up to a 100-mile radius from an insured location during the repossession process
Limits:
• General Liability: $1,000,000 per occurrence
• Excess Liability: Up to $5,000,000 in Excess limits
Coverage:
• Commercial General Liability coverage
• Garage Keepers Coverage—Options to provide coverage on a third party/legal liability basis, or first party/physical damage alternative
• Additional Insured—Financial Institutions—Automatic status when required in a written contract or agreement
• Personal Property of Others Legal Liability—Coverage for the property of others in a covered auto—$5,000 limit applies
• Assault and Battery exclusion (with option to delete)
• Wrongful Repossession
• On Hook Coverage for Repossessed Automobiles and other vehicles—Coverage is provided while on the hook of the insured tow trucks
• Operation of Repossessed Automobiles and other vehicles up to a 100-mile radius from an insured location during the repossession process
Limits:
• General Liability: $1,000,000 per occurrence
• Excess Liability: Up to $5,000,000 in Excess limits
Details
Has Pen
Offered By
Availability 50 states
Alabama
Alaska
Arizona
Arkansas
California
Colorado
Connecticut
Delaware
District of Columbia
Florida
Georgia
Hawaii
Idaho
Illinois
Indiana
Iowa
Kansas
Kentucky
Louisiana
Maine
Maryland
Massachusetts
Michigan
Minnesota
Mississippi
Missouri
Montana
Nebraska
Nevada
New Hampshire
New Jersey
New Mexico
New York
North Carolina
North Dakota
Ohio
Oklahoma
Oregon
Pennsylvania
Rhode Island
South Carolina
South Dakota
Tennessee
Texas
Utah
Vermont
Virginia
Washington
West Virginia
Wisconsin
Wyoming
Covered
Not Covered
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