Our
Contingent & Excess Liability Insurance for Equipment Lessors
protects lessors from liability exposure to bodily injury or property
damage caused by leased equipment.
Specifically, the coverage includes:
Lessor's
Contingent Liability: If a lessee is uninsured, your company
will have protection if named as a defendant in a legal action resulting
from an accident involving your equipment.
Lessor's
Only Excess Liability: If a lessee is underinsured, this policy
will protect your interest above a lessee's primary liability insurance
policy or above your company's contingent liability policy.
Features/Benefits
- Single interest
policy that includes coverage for defense costs
- Can be coordinated
with a lessor's insurance tracking system process
- Claims are
handled by an experienced claims staff
Eligible
Asset/Customer Class
- Commercial
Equipment Lessors
- Equipment
portfolios
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.
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