Coverage Highlights

Contingent Interest

When the party’s financer requires the financed party to insure their property, there’s still a risk of loss if the financed party defaults. In these cases, our contingent interest policies help protect the financer’s insurable interest.

  • Contingent Single Interest Leased Property - Insures the interests of financers who lease property to others
  • Contingent Single Interest Installment Sales - Insures the interests of financers who sell property on an installment basis

 

Dual Interest

When the financer maintains insurance responsibility, our dual interest policies protect both parties’ interests.

  • Dual Interest Leased Property - Provides protection for financers who lease property to others
  • Dual Interest Installment Sales - Protects the insurable interests of both parties in the finance agreement

 

Floor Plan Property/Dealer’s Stock in Trade

This insurance package protects property while at a dealer’s location against direct physical damage or loss, whether encumbered by a secured lender or not.

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