Specialty Equipment Insurance Products and Services
Types of Coverage: Physical damage, lessor liability, and lease portfolio risk management
Automated and self-serve programs to protect equipment and commercial vehicle assets
Stip Loss Shortfall Insurance to eliminate stip loss gap exposure for quicker transactions
Residual Value Insurance to achieve capital lease accounting
Vicarious liability insurance
In Business Since: 1872
Great American Insurance Group provides powerful risk protection to the entire equipment distribution channel, from manufacturing to distribution to finance origination. We help our clients use insurance strategically to manage risk and build business.
Customized insurance programs for automatic and do-it-yourself environments help:
Ensure customer compliance with contract insurance requirements
Expedite funding and customers’ equipment acquisition
Generate fee income to create a new revenue stream for your business
Provide customers with a convenient alternative to purchasing their own insurance
Great American Insurance Company, flagship company of Great American Insurance Group, has continuously earned an “A” rating or higher by A.M. Best Company for more than 100 years (affirmed August 11, 2017).