Contractor's Equipment is subject to the following coverage limits:
$500,000.00 - Per unit
$1,000,000.00 - Per occurrence
Applications
We accept standard contractor's equipment forms which provide necessary information. We do not, however, use accord forms.
Binding Authority
Our producers do not have binding authority. Once an
individual quote has been issued by Gramercy Insurance Company, you may
make a written request to bind coverage by email or fax.
Submission Requirements
In addition to a fully completed and signed application, the following information is needed in order to obtain a fleet quote:
- Company loss runs for the last four years
- Company financial statements for the last two years
- Equipment list with values and serial numbers
- Summary of operations and exposures
- Summary of security programs
- Summary of maintenance programs
Quotes
Our quotes are based on information provided and are
valid for 30 days unless there has been a change in exposure, new claim
occurrence or an increase in the amount of existing claims.
Policy Form
Gramercy uses the AAIS Contractor's Equipment Form.
Underwriting Experts
Linda Brandon 1-888-202-0422 Ext. 2023 l@gic.com
Virginia Hall 1-888-202-0422 Ext. 2091 vhall@gic.com
Larry Martin 1-888-202-0422 Ext. 2029 lmartin@gic.com
Transportation Marketing Manager
Mike Darrah 1-888-202-0422 Ext. 1803 mdarrah@gic.com

