Colonial General Insurance Agency, Inc. offers specialized insurance solutions for farm equipment sales and repair operations through its Commercial Garage program. This program is designed to help agents place coverage for clients who sell, service, or repair farm equipment and related machinery. With access to a variety of carriers and some admitted markets, Colonial General provides flexible underwriting and tailored protection for this niche class of business.
Ideal Accounts and Appetite
This program is an excellent fit for businesses involved in the sale and repair of motorized farm equipment. Eligible risks typically include:
- Farm equipment dealerships
- Repair shops servicing agricultural machinery
- Businesses that tow or transport farm equipment
Note: Non-motorized equipment sales or repair operations do not qualify for this program.
You might have a client who operates a regional dealership selling tractors and combines, or a repair shop that services field machinery—these are the types of accounts that fit Colonial General’s appetite well.
Coverage Highlights and Advantages
Colonial General’s Farm Equipment Sales Insurance program includes robust coverage options designed to address the unique exposures in this sector:
- Garage Liability Limits up to $1,000,000 per accident
- $3,000,000 Aggregate Liability Limit
- $5,000 Medical Payments
- Broadened coverage endorsements
- Dealers Physical Damage
- False Pretense Coverage
- Fire Legal Liability
- Garage Keepers Coverage on a primary basis with specified causes of loss
- In-Transit Coverage for towing operations
- Property coverage options available
These coverages help protect your clients from costly legal and physical damage exposures, whether they’re transporting equipment, storing customer property, or offering repair services.
Underwriting Notes and Minimum Premiums
Colonial General underwrites this program through various carrier partners, allowing for flexibility in terms and pricing. While minimum premium information is not specified, the program is competitively structured to accommodate a wide range of account sizes. Submissions should include complete operational details, including equipment types handled and services offered.
Territories and Availability
This program is available to agents and brokers placing business in the following states:
- Arizona
- California
- Colorado
- Idaho
- Nevada
- New Mexico
- Utah
- Wyoming
Admitted markets may be available in select jurisdictions. Contact Colonial General for state-specific availability and underwriting guidelines.
Why Work With Colonial General?
As a Managing General Agency and Excess & Surplus Lines Broker, Colonial General has deep experience in niche commercial programs, including garage and equipment-related risks. Their commercial garage department offers responsive underwriting, access to multiple markets, and product knowledge that can help you secure hard-to-place accounts in the farm equipment sector.
By partnering with Colonial General, agents benefit from personalized service, market flexibility, and a focused approach to specialized risks.
Frequently Asked Questions
What types of accounts are a good fit for this program?
Farm equipment dealerships, repair shops for motorized agricultural machinery, and operations involving towing or transporting farm equipment are ideal candidates.
Is non-motorized equipment eligible for coverage?
No, businesses that primarily handle non-motorized equipment are not eligible for this program.
What coverage limits are available under this program?
The program offers liability limits up to $1,000,000 per accident and $3,000,000 aggregate, along with options like Garage Keepers, Dealers Physical Damage, and more.
Which states is this program available in?
This program is available in AZ, CA, CO, ID, NV, NM, UT, and WY.
Does Colonial General offer admitted markets for this program?
Yes, some admitted markets are available depending on the state and specific risk profile.
Need help placing an account? Connect with a market specialist.