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Franchise Equipment Dealers

Designed for Franchise Equipment Dealers with less than 25% of their revenue exposures from short-term rental operations.

Product Offering

  • General Liability – Up to $1M/$2M
  • Business Auto – Up to $1M/$1M
  • Umbrella/Excess – $5M Maximum
  • Crime & Fidelity
  • EPLI

Ineligible

  • Sales of used standalone equipment
  • Rental of safety equipment
  • Used equipment wholesalers
  • Service or repair of safety equipment
  • Risks who have any exposure to equipment rental operators
  • Insureds offering for-hire transportation services
  • Coverage for recreational vehicles such as ATV’s, snowmobiles,
    motor homes, amphibious vehicles
  • Excluded States: Alaska, Hawaii, Louisiana, Missouri

Target Classes

  • Construction Equipment
  • Forklifts
  • Lift Trucks
  • Agricultural Equipment
  • Forestry Equipment
  • Material Handling Equipment
  • Rack, Shelving and Storage Equipment
  • Conveyors
  • Warehouse Equipment
  • Miscellaneous Equipment

Value-Add Solutions

  • Cyber Suite Coverage
    • A package of comprehensive coverages that help businesses respond to a full range of cyber incidents, including data compromise, cyber extortion, identity theft, misdirected payment fraud and computer attacks
  • SafetyNow® Workplace Training Program
  • Admitted in all states except umbrella in NY

Underwriting Teams

VP, Underwriting

Robert Crowell

B +1 (973) 532 - 1999

rcrowell@coactionspecialty.com

Underwriting

Jeremiah Colon

B +1 (973) 532 - 1952

jcolon@coactionspecialty.com