PHYSICAL DAMAGE PROTECTION
FOR PURCHASED AND/OR LONG-TERM LEASE EQUIPMENT

The newest addition to the JT Bates Insurance Group family of risk management products is Physical Damage Protection™ (PDP). PDP offers the same great features for purchased and/or long-term lease equipment that our rental clients enjoy from Rental Equipment Protection™ (REP).

With Physical Damage Protection, investments in equipment financed for purchase or long-term lease equipment are protected from loss.

BENEFITS OF PDP

  • All the same great protections of Rental Equipment Protection™ (REP) in a program designed for purchased and/or long term lease equipment.
  • Provides replacement cost on equipment five years old or newer.
  • No insurance license necessary to sell.

PDP OFFERS BROAD PROTECTION TO COVERED EQUIPMENT FROM: 

  • Accidental damage
  • Collision
  • Earthquake
  • Falling objects
  • Overturn
  • Tornado
  • Vandalism
  • Weight of load
  • Flood
  • Hail
  • Wind
  • Theft
  • Fire
  • Other non-excluded perils

EXCLUSIONS:

  • Criminal Activity
  • Ingestion
  • Mechanical Breakdown
  • Missing Property
  • Normal Wear and Tear

Contact us today for a free, no-obligation quote at jbates@jtbatesgroup.com or 1-877-900-8729.

OTHER PRODUCTS

Rental Equipment Protection™ (REP)

Straight|Docs Compliance Services including certificate management