Repossession Insurance • Repossession Assignment Management Tools • Repossession Certification and Training

Repossession Insurance


RSIG offers access to a custom insurance policy exclusively for repossessors. Applicants are closely underwritten to ensure that the group is only accepting those professionals that will assist the organization in maintaining exceptionally low loss ratios; maintaining our marketability to insurance providers.

We offer General Liability, Wrongful Repossession, On-hook and Drive Away.
Program Highlights:

  • Garagekeepers Direct Primary Coverage
  • $1,000,000.00 per occurrence limit / $5,000,000.00 per member aggregate.
  • Claims Expenses & Defense Costs - outside the limits of liability; meaning your insurance coverage is not reduced by costly legal fees and associated claim expenses.
  • Coverage for repossessed unit while being driven, towed and stored.
  • Coverage for boats (25ft limit on most policies, RSIG policy offers up to 44ft standard and over 44ft by endorsement), recreational vehicles, tractor trailers and heavy equipment.
  • Insurance provided by Zurich American Insurance Company, A+ (Superior) XV rating by AM Best

Every Member also has

  • Excess Liability Coverage - $2,000,000.00
  • Commercial Crime / Employee Dishonesty Coverage (often referred to as the Bond) - $1,000,000.00 and
  • Accidental Death and Dismemberment Coverage $15,000 for all enrolled F/T employees, including owners.

Click here to complete our online pre-qualification form. One of our representatives will contact you with additional program information.