Summary of Coverages

This is a brief description of the coverages afforded to you through membership in RSIG. By clicking on each bolded subject header, you will be taken to a page that has more information about each coverage. As with any insurance policy you are encouraged to review the policy itself in detail for specific coverages and policy exclusions.

GENERAL LIABILITY COVERAGE: (NATIONAL CASUALTY COMPANY-Nationwide, “A” rated)

• $1,000,000.00 Limit of liability per occurrence.
• $1,000,000.00 Personal Injury Protection.
• $1,000,000.00 Drive Away Auto Liability
• $1,000,000.00 Limit On-hook coverage
• $75,000 Physical Damage Coverage when assigned to Non-RSIG subcontractor
• $5,000,000.00 Per Member Aggregate General Liability
• Defends wrongful repossession (incl. attorney fees.)
• Covers collateral while being driven, towed or stored.
• Provides comprehensive coverage that encompasses fire, flood, hail, lightning, explosion, earthquakes, windstorm, vandalism, collision, wrongful repossession, and breach of peace

EXCESS POLICY: (AXIS SURPLUS INSURANCE COMPANY – Nationwide, “A” RATED)

$2,000,000.00 Excess Coverage included in per repossession fee schedule

COMMERCIAL CRIME/EMPLOYEE DISHONESTY: (CAPITOL INDEMNITY CORP)

$1,000,000.00 “Bond” coverage also included in per repossession fee schedule

Click here to see a sample certificate of insurance…

ACCIDENTAL DEATH AND DISMEMBERMENT POLICY: (AIG INSURANCE COMPANY)

Provided to members and their full time employees upon enrollment forms being completed. Full time employee defined as an employee who works exclusively under your direction at least 30 hours per week. Enroll at time of membership approval and update employee list each month. Please remember to have beneficiary information completed for each participant. A portion of the per repossession fee is credited towards this policy.