Where Property is insured:
This policy covers the repossessed property while at locations named in the policy; which
such property is in due course of transit (on hook or drive-away), or at a temporary
location incidental to a repossession business. This coverage does not cover
non-repossession towing for hire (optional).Policy Coverage description:
- This policy covers repossessed property in your care,
custody or control.
- Property means property of others excluding personal effects
seized by you as part of a repossession operation.
- Personal Effects means property retrieved from repossessed
property (vehicle) that is not part of the repossession order.
|
Provides coverage against FIRE, LIGHTNING,
FLOOD, EXPLOSION, WIND, HAIL,THEFT and VANDALISM & MALICIOUS MISCHIEF, COLLISION and TOWING
DAMAGE.
| Deductible |
|
| per car |
$1,000 |
| maximum
per claim |
$3,000 |
|
