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HomeMy WebLinkAboutWAGNER RENTS - INSURANCE CERTIFICATEWAGNER WAGNER RENTS OR17en"tal' 18000 Smith Road Aurora, CO80011r:qi?t; ti! i;i; 303-365-8989 — Phone - ` 866-202-0140 — Fax March 23, 2009 CITY OF FT COLLINS P 0 BOX 580 ATTN: ACCOUNTING DEPARTMENT FORT COLLINS, CO 80522-0580 Re: Insurance for Rented, Leased and Financed Equipment Dear valued customer, Our records indicate that the insurance you are required to carry for equipment that is currently Rented, Leased or Financed through Wagner Equipment Co./Wagner Rents, Inc. is due to expire on 411512009. If you do not currently have equipment Rented, Leased or Financed with Wagner but anticipate doing so in the near future, you may want to renew your policy to ensure coverage when the time comes. This letter is a reminder of your policy's expiration date and of Wagner's insurance requirements which are as follows: Certificate Holder to be recorded as: Wagner Equipment Co/Wagner Rents, Inc. 18000 Smith Road, Aurora, CO 80011 Rented Equipment requirements General Liability- minimum coverage of $1,000,000.00 per occurrence and $1,000,000.00 general aggregate o List Wagner Equipment Co/Wagner Rents Inc as Additional Insured for General Liability Automobile Liability- minimum of $1,000,000.00 of non -owned auto coverage per occurrence for those customers who rent water, on -road trucks or trailers. o List Wagner Equipment Co/Wagner Rents Inc as Additional Insured for Automobile Liability • Physical Damage -A damage waiver up to 14% of the rental rate will be charged. In lieu of this option, the insured must carry equipment coverage with their insurance company with a specific limit the insurance will cover up to. o Wagner EquipmenfNVagner Rents listed as Loss Payee in regards to rented equipment. Leased Equipment requirements • General Liability- minimum coverage of $1,000,000.00 per occurrence and $1,000,000.00 general aggregate o List Wagner Equipment Co/Wagner Rents Inc as Additional Insured for General Liability • Physical Damage- Per contract with Wagner EquipmeniuWagner Rents, the equipment that is leased must be specifically listed on your insurance policy with year, make, model, s/n and value for the term of the lease. Automobile insurance will be used for Trailers only but must still be listed as a scheduled auto. o Wagner Equipment must be listed as Loss Payee in regards to the specific equipment leased. Financed Equipment requirements • Physical Damage- Per contract with Wagner Equipment/Wagner Rents, the equipment that is leased must be specifically listed on your insurance policy with year, make, model, s/n and value for the term of the note. o Wagner Equipment must be listed as Loss Payee in regards to the specific equipment financed. Should you have any questions about these requirements or desire assistance in determining if you are in compliance, please do not hesitate to contact Michelle Hines, Customer Insurance Specialist, at: Phone: 303-365.8989 FAX: 866-202.0140 Email: mhines(Dwagnerequipment.com rZl�iankrYou!