Assurant Physical Damage Insurance

Simple, reliable coverage for lessors, financial institutions, and dealers’ distribution

Protect your investment with dependable physical damage coverage

Customizable commercial equipment physical damage insurance for lessors, financial institutions, and dealers’ distribution with available optional coverages. Our Physical Damage Insurance protects against unforeseen perils such as theft, collisions, or damage, ensuring equipment remains operational and business uninterrupted. Partner with us for tailored insurance, as the underwriter of our own products, we can develop unique solutions that meet your exact needs. 

Our Features & Expertise

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    Comprehensive Protection

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    Customized Coverages

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    Industry-leading Claims Processing

  • Black and blue icon of a shield

    Comprehensive Protection

  • 6 items all connected to a cloud

    Customized Coverages

  • Black and blue icon of handshake

    Industry-leading Claims Processing

Equipment Categories

Dealers

Physical damage insurance coverage for commercial equipment: 
  • Agriculture
  • Construction 
  • Forestry
  • Trucking 

Lessors and Financial Institutions

Physical damage policy available on most types of equipment collateralizing commercial leases or finance agreements: 

  • Agriculture 
  • Commercial Vehicles/Titled Transportation 
  • Construction 
  • Manufacturing 
  • Medical, Dental and Veterinary 
  • Office and Business; Furniture, Computers, Security Systems, Printers, Mobile Technology, Telecommunication 
  • Retail and Restaurant 

Coverages

CNC Laser cutting of metal, modern industrial technology

Dealers

  • Burglary & theft 
  • Collision and overturns 
  • Earthquake 
  • Fire and Smoke 
  • Flood 
  • Hail and lightning 
  • Tornado, wind, & hurricane 
  • Vandalism 

Lessors and Financial Institutions

  • Accidental Damage 
  • Burglary & theft 
  • Collision 
  • Fire and Smoke 
  • Flood 
  • Hail and lightning 
  • Power surge 
  • Terrorism 
  • Tornado, wind, & hurricane 
  • Volcanic action

Optional Coverages

Dealers

  • Downtime/Rental Reimbursement and Personal Effects Coverage 
  • Towing and Storage Coverage 
  • Windshield Replacement 

Available for Trucking only. 

Lessors and Financial Institutions

  • Automatic Coverage 
  • Earthquake Coverage 
  • Loss of Use 
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Companies We Partner With

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Dealers

Build customer loyalty with immediate, tailored, and seamless coverage at the point of sale, including extended service contracts, physical damage insurance, loss damage waiver, guaranteed asset protection, and non-trucking liability.
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Lessors and Financial Institutions

Expedite originations and protect your business portfolio with a hassle-free, customized, comprehensive program of best-in-class insurance tracking, physical damage insurance, and contingent liability insurance.
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