Contingent Auto Lease

Offered by GMI Insurance Services

Auto Leasing Leasing Contigency Coverage

Description

A specialized coverage in the complex world of commercial auto insurance is leasing operations. Our program is designed to cover a multitude of potential exposures on a contingency, excess, physical damage and interim basis for a minimum 12-month term.

Coverage Includes

Contingent/Excess Liability insurance provides coverage to the lessor of a leased auto for third party liability damages resulting from an accident and the lessee’s insurance is not collectible.

Contingent Physical Damage protects the lessor’s interest in the owned auto when the lessee’s comprehensive and collision insurance is not collectible.

Interim Car Coverage provides both liability and physical damage to off-lease owned autos while being held for sale and being re-leased

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Details

Has Pen

Appointment Required

Carrier Information

Admitted

Rating A+

Rating By A.M. Best

Listing Contact

Mark Trudel

Offered By

GMI Insurance Services

6 listings in 50 states + DC

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Availability 49 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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