Leased & Financed Protection

Customizable coverage limits at competitive rates

Exceptional Coverage for Financed Equipment

When it comes to commercial equipment protection, not all programs are created equal. You need a solution and benefit structure tailored to expediate your origination cycle, reduce your risk exposure, eliminate coverage gaps, and improve your bottom line. As the underwriter of our own products, we can develop unique solutions that meet your exact needs, from coverage limits to policy tracking. Plus, we're A-rated, which gives us more flexibility to develop custom coverages when you need them and stronger support even when you don't.

Our Features & Expertise

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Coverage limits up to $1 million

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Offer your customers affordable, fixed monthly charges for the entire term length

Comprehensive coverages designed to protect your insurable interest

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Build loyalty with industry-leading claims and customer service with fast payouts

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Able to fully integrate with your accounting software

Physical Damage Policy

Comprehensive coverage at affordable rates

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To safeguard your investment

  • Comprehensive coverage protects equipment from damage caused by flood, windstorm, fire, and theft, as well as accidental damage.
  • Commercial vehicle coverage protects against collision and comprehensive losses.
  • Replacement cost coverage means that for every covered loss.
  • In the event of a total loss, you can choose to receive stipulated loss value of the covered equipment.

Liability Policy

For leased equipment and commercial vehicles

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To meet lease requirements

  • Our optional liability policies protect your contingent liability in the case that bodily injury or property damage occur due to the operation, use, or existence of your leased equipment or vehicle.

 

Explore Other Assurant Solutions

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Automatic Insurance Tracking

Take the administrative costs of preventing and eliminating coverage gaps off your plate and Keep your entire portfolio protected with automatic insurance and ongoing tracking services.

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Extended Service Contracts

Point-of-sale coverage for heavy equipment in the construction, agriculture, trucking & forestry industries. All products are backed by our A-rated underwriting & Fortune 500 financial stability.

The Industries we Serve

Lessors and Financial Institutions

Protect your portfolio with a customized, comprehensive lease insurance program of property and liability coverage and insurance tracking for equipment and commercial vehicles.

Dealers

Build customer loyalty by offering comprehensive, flexible coverage options at the point of sale, including physical damage insurance, extended service contracts, loss damage waiver, and certificate tracking.

Manufacturers

Increase market share and parts and service revenue through physical damage insurance and extended service contracts for heavy equipment.

Customers

Protect the equipment you need with affordable coverage and a fast, simple claims process.

Brokers

Close deals faster without sacrificing portfolio protection. Our A-rated insurance products include property and liability coverage, with built-in tracking to ensure you're interests are covered.

Insurance Producers

Offer your customers Assurant's A-rated protection with built-in tracking. From automatic enrollment and easy verification processes, we help your team and your customers get the solutions they need quickly.
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