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Equipment insurance coverage is offered as Physical Damage, Liability Coverage or Both.
Semi-annual premium payments are available for total lease values at and over $20,000 and quarterly premium payments are available for lease values at and over $40,000.
Physical Damage on the leased equipment for the full term of the lease. Our Policy Property Coverage includes: fire, lightning, explosion, windstorm, hail, smoke, riot, strike, vandalism, theft (with visible signs of forced entry), flood, earth movement,
goods in transit cargo coverage, and malicious mischief for the full depreciable value, repair of the equipment, or payoff the lease contract, whichever is less.
Deductibles: Theft/Vandalism 10% of loss minimum deductible $1500, maximum deductible $5000, Wind Damage $5000 per Occurrence, Earthquake and Flood, $10,000 per Occurrence (Earthquake Coverage EXCLUDED in the State of California), All other Risk $500, and
Laptop Computers $2,500 per Occurrence. You will be responsible to reimburse us for the deductible in the event of a claim.
Liability Coverage provides limits of $1,000,000 for both bodily injury and property damage resulting from use of the leased equipment.
For equipment insurance quote information, please visit our online insurance quote page or contact us via e-mail.
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