Coverage

Limits

Each Occurence

$1,000,000

Errors & Omission/Wrongful Repossession

$1,000,000

Damage To Rented Premises

$100,000

Medical Expense (any one person)

$5,000

Personal & Advertising Injury Liability

$1,000,000

General Aggregate

$3,000,000

Prod - Comp/Op Aggregate

$3,000,000

Blanket Additional Insured (optional)

Commercial Auto Summary Outline

Liability

Bodily Injury and Property Damage

$1,000,000 CSL

Owned & Scheduled, Hired, Borrowed, Non-Owned-
Employee used vehicles, Repossessed vehicles while
being transported

Uninsured/Underinsured Motorists

$100K-$1M CSL

(non stack limits equal to or less than the limit of Liability)

Physical Damage To

Owned, Leased or Hired when scheduled on the policy.

Repossessors Primary Coverage

Garagekeepers Direct Primary Liability

On-Hook – Drive-Away – Storage Lot

Debtors Personal Effects

When is property insured:

This policy covers the repossessed property while at lot location named in
the policy; when such property is in the course of being transported. This
policy does cover limited non-repossession towing for hire (dispatch towing).

Policy Coverage Description:

·

This policy covers repossessed property in your care, custody or control.

·

Property means property of others seized by you as part of a repossession operation.

·

Personal effects means property of debtor retrieved from Repossessed property that is not part of the repossession order.

Provides coverage against COMPREHENSIVE and COLLISION, and towing damage.

Deductible

per car

$500

maximum per claim

$2,500

About The Insurance Company

This insurance protection is specifically designed for the collateral recovery agents that is underwritten by three A-Rated companies.