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Interim Liability & Physical Damage Coverage

10 Reasons Why™

  1. Coverage available for pre-lease vehicles
  2. Coverage available for post-lease vehicles (up to 60 days)
  3. Interim coverage with same carrier as Lessors Contingent & Excess Liability
  4. Coverage may be extended to cover repossessed autos
  5. Automobile Liability limits available up to $1M CSL
  6. Physical Damage coverage available up to $100,000 on any one auto
  7. A++ (Superior) A.M. Best rating
  8. Dedicated auto claims unit that specializes in handling auto leasing industry claims
  9. Defense costs in addition to Limits of Liability
  10. Interest-free installments available for accounts that generate at least $2,000 in premium

Interim Liability & Physical Damage Coverage 10 Reasons Why

Benefits of the Program

This coverage offers Primary Liability and Physical Damage insurance before and after leasing a vehicle and for repossessed vehicles. Coverage extends up to 60 days for any one vehicle, unless specified for a longer period of time. Coverage available only in conjunction with Lessee Contingent Liability / Lessee Excess Liability.

Supplemental Applications

Please select state specific forms when applicable.

Documents Required for Proposal

  • Completed and signed Interim Liability and Physical Damage application
  • Current list of leased autos (year, make, model)
  • Description of present procedure for disposing of repossessed and terminated leased vehicles
  • Copy of current lease agreement

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