Contingent & Excess Liability Insurance protects the lessor against exposure from lessees who are uninsured or underinsured.

Premier Lease and Loan Services'® coverages include:

1. Lessor's Contingent Liability--protects the lessor in the event it is named a defendant in a legal action resulting from a lessee's involvement in an accident while not maintaining adequate insurance required by the lease agreement.
2. Lessor's Only Excess Liability--protects the lessor above the lessee's primary liability policy or above the lessor's contingent liability policy (such as with a catastrophic accident).
3. Interim Car Coverage--protects the lessor against damage to a vehicle not assigned to a lessee, owned by your institution, while held for sale or reassignment under a new lease agreement.
4. Contingent Physical Damage--protects the lessor's interest if vehicle is repossessed and lessee does not have primary insurance to repair the vehicle.
   

Features

1. Monthly analysis reports detailing portfolio activity
   
2. In-house insurance tracking and verification availability
   
3. Prompt and competent claims handling

This product is underwritten out of our Home Office in Cincinnati. As a service, FIS will assist our agents in: making contact with the Underwriter, obtaining an Application, and presenting submission material for review by the Underwriter.