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The MexiPass Automobile Special PLUS Program is a high-quality automobile insurance solution designed specifi... Advantages
MAS stands for “More Automobile Coverage” and includes:
B...
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COMMERCIAL AUTOMOBILE
Overview of the Program From CM...o multiple markets, our Commercial Automobile Product provides flexible soluti...
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https://completemarkets.com/company/GMI-Insurance/Auto-Lease-Insurance/
Here at GMI Insurance, our Auto Lease Insurance program is built to provide focused protection for leasing companies and financial institutions that lease autos and trucks. We understand the specific exposures that arise in commercial auto leasing, and our coverages are structured to address gaps such as excess liability, physical damage to lessor interests, interim vehicle use, and contingent exposures when a lessee’s coverage is inadequate.
With decades of experience in auto risk and claims management, GMI delivers flexible, reliable solutions. Our carriers, including National Interstate, are experienced in handling leasing risks. We’ve maintained a 90% average client retention over the past five years by offering tailored coverage, responsive service, and underwriting expertise for a wide range of leasing operations.
Ideal Accounts and Appetite
This program is designed for auto dealers, banks, and financial institutions that lease vehicles under agreements of 12 months or longer. We write accounts for both passenger vehicles and commercial trucks without size restrictions. Typical accounts include:
Independent auto leasing companies
Fleet leasing operations
Truck rental and leasing firms
Financial institutions leasing repossessed or off-lease vehicles
Example: You might have a client that operates a multi-state fleet leasing business seeking stronger protection for off-lease vehicles, or a bank that needs contingent liability coverage if a lessee’s insurance lapses. GMI can help place that business.
Coverage Highlights and Advantages
GMI’s Auto Lease Insurance program includes a broad set of features to protect lessors throughout the lease lifecycle:
Lessors Contingent Liability – Protects the lessor when a lessee’s liability limits are insufficient or the lessee’s policy is uncollectible.
Lessors Excess Liability – Provides liability coverage in excess of the lessee’s policy limits.
Lessors Physical Damage – Covers the lessor’s interest in leased vehicles when collision or comprehensive coverage is not provided by the lessee.
Interim Car Coverage – Physical damage and liability coverage for off-lease vehicles awaiting resale or re-lease.
Garage and Property – Facility and business personal property coverage can be included.
GAP Coverage – Available nationwide for both auto and truck leasing operations.
Underwriting Notes and Minimum Premiums
We underwrite risks with an emphasis on well-managed operations: clear lease documentation, driver vetting, loss control procedures, and vehicle tracking improve placement prospects. Minimum premium and specific terms vary by risk and state; our underwriting team will work with you to structure terms that support long-term client stability.
Territories and Availability
This program is available in all 50 states plus Washington, D.C. Admitted and non-admitted options are available depending on jurisdiction and the account’s profile, enabling support for multi-state leasing operations.
Why Work With GMI Insurance?
As a specialized Managing General Agency, GMI focuses on leasing exposures and commercial auto risk. Our strengths include deep underwriting expertise, access to top-tier carriers like National Interstate, and a service model built for brokers and agents who place complex leasing accounts. Working with GMI gives you a partner experienced in structuring contingent and lessor-owned coverage efficiently.
If you have a client that could benefit from our Auto Lease Insurance program, contact our team to discuss eligibility and next steps. We’re ready to help you place complex leasing accounts with confidence.
Frequently Asked Questions
What types of accounts are a good fit for this Auto Lease Insurance program?This program is ideal for auto dealers, banks, leasing companies, and financial institutions that lease vehicles for 12 months or longer. We cover both autos and trucks without size restrictions.
What coverages are included in this program?Key coverages include Lessors Contingent Liability, Lessors Excess Liability, Lessors Physical Damage, Interim Car Coverage, Garage, Property, and optional GAP coverage.
Are there vehicle size or type limitations?No, our program covers all types of trucks and autos with no size restrictions, making it suitable for both passenger and commercial vehicle leasing.
Which states is this program available in?This program is available in all 50 states and Washington, D.C. We can accommodate leasing operations that span multiple jurisdictions.
What makes GMI Insurance a strong partner for leasing coverage?GMI has decades of experience in the auto leasing space, a proven track record of high client retention, and access to top-rated carriers like National Interstate. We offer expert underwriting and responsive service tailored to leasing risks.
Need help placing an account? Connect with a market specialist.
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https://completemarkets.com/company/a-i-bnet/Commercial-Auto/
Commercial Auto Coverage from America's Internet Brokers, Inc.
America's Internet Brokers, Inc. provides flexible, competitive Commercial Auto solutions to help agents and brokers place a wide range of light commercial vehicle risks. Whether the account is preferred or non-standard, our program gives you access to markets that accommodate small fleets and local operations across many industries. Coverage is backed by AIG and offered on a non-admitted (surplus lines) basis when required, giving you options for accounts that fall outside the admitted marketplace.
Ideal Accounts and Appetite
This program is designed for small commercial accounts with primarily local driving exposures. It's an excellent fit for artisan contractors, tradespeople, and service-based businesses that rely on light vehicles for daily operations. We typically write accounts with:
Light-duty vehicles used in local operations
Private passenger-type autos, vans, SUVs, and pickups
Horse and utility trailers
Small dump trucks (up to 26,000 GVW)
Accounts with up to 10 vehicles and up to 20 drivers
Example: You might have a small HVAC contractor with six pickups and vans working within a 50-mile radius, or a landscaping business that operates utility trailers and pickup trucks locally — both are strong candidates for this program.
Coverage Highlights and Advantages
The Commercial Auto program is built to give agents flexibility when matching coverage to a client's needs. Key features include:
Competitive pricing across preferred and non-standard tiers
Flexible rating tiers to align with varying risk profiles
Use of insurance scoring to help tailor rates
Combined single limits available up to $1 million
These options let you balance protection and affordability while placing accounts that need customized solutions.
Underwriting Notes and Minimum Premiums
We can handle a broad range of commercial vehicle risks, but there are underwriting parameters to keep in mind:
Maximum of 10 vehicles per account
Maximum of 20 drivers
Vehicles must meet acceptable size and use guidelines (no long-haul trucking or specialized heavy equipment)
Minimum premiums vary by state and risk characteristics. For the fastest response and most accurate quote, include complete driver and vehicle details with your submission.
Territories and Availability
This Commercial Auto program is available in most U.S. states, including CA, TX, FL, NY, IL, and GA. We actively write business across the country subject to surplus lines eligibility and any state-specific restrictions. Contact us to confirm availability and filing requirements in the state where the risk is domiciled.
Why Work With America's Internet Brokers, Inc.?
America's Internet Brokers, Inc. pairs underwriting flexibility with carrier access—most notably AIG—to help you place hard-to-place or bespoke commercial auto risks. Our team focuses on responsive service, practical underwriting, and a streamlined submission process so you can move accounts from submission to bind quickly. If you work with small fleets, trades, or service contractors that need tailored coverage, this program gives you a reliable surplus-lines option.
Frequently Asked Questions
What types of accounts are a good fit for this Commercial Auto program?Small, local operations such as contractor crews, landscapers, and other service businesses with up to 10 vehicles and 20 drivers are ideal.
Is this program available in my state?The program is available in most states, including CA, TX, FL, and NY. Because coverage is placed on a non-admitted basis when necessary, confirm surplus lines eligibility and filing requirements for the specific state.
What vehicle types are eligible?Eligible vehicles include private passenger autos, SUVs, pickups, vans, utility and horse trailers, and small dump trucks up to 26,000 GVW.
Do you consider new ventures?Yes—new ventures can be considered depending on driving history, risk profile, and the completeness of the submission.
What limits are available under this program?Combined single limits up to $1 million are available, subject to underwriting approval.
Need help placing an account? Connect with a market specialist.
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...ures of the program include:
Automobile liability limits up to $5 million
...