instaCOVER, a division of One80 Intermediaries, offers unique equipment insurance solutions to customers, financial institutions, leasing brokers, manufacturers, and equipment dealers. Customizable insurance programs are available for financed equipment including titled vehicles, specialty medical equipment, and rental equipment.
Our unique proprietary web-based technology allows insurance coverage to be placed in minutes. Equipment brokers and funders can utilize the platform to offer their customers specialized insurance for their leased/financed equipment at the point of the funding transaction. Financial Institutions can also use instaCOVER to proactively cover individual assets if there is insufficient or lapsed coverage to manage their risk exposure.
instaCOVER Services Overview
The target classes and typical risks we focus on for this program are:
- Equipment Leasing Brokers
- Equipment Dealers
- Equipment Manufacturers
- Equipment Funders/Financial Institutions
- Equipment Rental Houses
- Small Business Owners
Assets that are typically covered under instaCOVER’s programs:
- Agricultural
- Automotive, Garage
- Computer, Server, Software
- Construction, Surveying
- Copier Equipment
- Energy & Utilities
- Mobile and Fixed Medical/Dental/Vet Equipment
- Furniture, Art
- Golf Carts
- Laptops, Handheld Devices
- Lawncare Equipment
- Light Construction
- Manufacturing, Assembly
- Material Handling (External & Internal)
- Office Equipment
- Outdoor, Fitness Equipment
- Portable & External Equipment and Signs
- Printing, Audio, Video
- Restaurant
- Retail Equipment, POS, ATM
- Security Equipment
- Telecommunication
The highlighted features of this exclusive service include:
- Funders protect their risk exposure by automatically placing coverage at the point of sale
- Differentiate yourself from your competition with the ability to quote and bind coverage at the point of sale to ensure the funding process is never delayed for insurance reasons
- Earn additional income based on the volume of insurance coverage enrollments purchased by your clients – creating a new revenue stream for your business
- We’ll do all the billing and collection for you
- Web based platform
- Instant Quotes
- Activate coverage
- Print Certificates
- Rates remain constant for term regardless of claims
- $0 deductible options
- Multi-peril coverage (including accident drop protections for digital radiography equipment)
The specialty programs of this exclusive service include:
- Financed Equipment Insurance
- Vehicle Protection Program
- Medical Equipment & Digital Radiology Insurance
- Digital Radiology Warranties/Service Contracts
- Rental Waivers
- Non-Financed/Owned Equipment Insurance
