Contingent Lease Liability Coverage (AL, FL, GA, OH, TN)
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Eligible Classes
Available Products
- Liability
- State Statutory PIP
- Physical Damage Coverage
Product Highlights
- Carrier is A.M. Best Rated A IX
- We are one of a few preferred MGAs for this product. We have "in house" underwriting authority up to $50,000 annual premium
Major Coverage Exclusions
- Leasing of mobile equipment
- Contractors equipment or farm equipment
- Any risk that does not have proper follow-up procedures in event of cancellation of lessee's coverage if insured offers to provide insurance for lessee in contract
Parameters
- Long Term Leases - 12 months or longer
- Deductibles up to $2,500
- Annual premiums to $300,000
Submission Requirements
- ACORD Applications
- Automobile Leasing Application
- MVRs
- Loss Runs (current + first 2 previous policy terms)
Availability
- Alabama, Georgia, Ohio & Tennessee
Download this fact sheet
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Contact 5Star Business Auto Program (Misc. Classes)
877.247.9772
marketing@5StarSP.com
5Star Business Auto Program (Misc. Classes)
158 N. Harbor City Boulevard
Melbourne, FL 32935
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