Every aftermarket business faces risks. But the exposures faced by vehicle rental businesses often extend beyond the typical risks of employee and customer mistakes.
At vehicle rental businesses, rental cars, motorcycles, trucks and RVs are constantly on the move. While it’s all in a day’s work for a business like yours, the transit of these high-value business assets increases your risk of theft, fraud and fleet damage.
To serve the needs of today’s aftermarket businesses, Lockton Affinity Aftermarket has entered into a new partnership with Zurich, one of the most reputable insurers in the industry. This partnership is designed to benefit aftermarket businesses involved in commercial vehicle rentals. Here’s how.
Accessing the Zurich Rental Program
Lockton Affinity Aftermarket is now able to offer access to the Zurich Rental Program. This unique auto liability insurance solution is available to rental fleet businesses like yours and is designed to protect you against key exposures.
The broad commercial fleet insurance offered by the Zurich Rental Program covers:
- Financial responsibility limit – Including state-mandated liability coverage for at-fault bodily injury and property damages.
- Uninsured motorists coverage – For losses due to a negligent, uninsured third party.
- Underinsured motorists coverage – For losses due to a negligent third party lacking sufficient insurance.
- No-fault personal injury protection (PIP) coverage – For economic losses for injuries caused by automotive accidents, regardless of who was at fault.
- Owner limits – Including insurance protection for bodily injury and property damage liability resulting from ownership, maintenance or use of covered automobiles. (Note that coverage is not provided for personal use of vehicles by employees unless specifically endorsed.)
Fleet Rental Coverage You Can Trust
Lockton Affinity Aftermarket is one of the nation’s preferred aftermarket insurance specialists. We understand the needs of businesses like yours, offering enhanced coverage not available elsewhere. Many of our policies, limits and coverage options are unique to Lockton Affinity Aftermarket, thanks to our longstanding partnerships with carriers like Zurich.
As a carrier, Zurich has a reputation for excellence, particularly when it comes to the rental industry. Through Lockton Affinity Aftermarket, you gain access to the Zurich Rental Program and its many benefits, including:
- Industry expertise – Zurich has over 30 years of rental operations experience, with an unmatched tenure in the industry.
- Market leadership – Zurich is a leader in the rental industry space, insuring over 35% of the market.
- Dedicated service – Zurich offers access to knowledgeable claims team experts with a focus on adjusting only rental and leasing claims.
Ready to learn more and protect your fleet rental business? Visit us online to get started.
