Blanket Equipment Insurance

J.T. Miller Company
800-328-4545

Spending Too Much Time Tracking Collateral Insurance?

Blanket coverage for loans on Agricultural, Commercial Equipment, Business use vehicles, Skid Steers, Tractors and Trucks.

Save Time & Money by Eliminating Insurance Tracking and Force Placing!

Avoid negative contact with borrower regarding insurance lapses.

Equipment insurance, especially Farm and general business equipment are difficult to track, often loans are cross collateralized and if the bank would like to take advantage of blanket coverages on their Real Estate portfolio, a blanket for Equipment is often needed. See the benefits of eliminating tracking and force placement of insurance on your equipment loans with our specialized programs!

Equipment Insurance Benefits:

  • Improves the lender borrower relationship by eliminating the need to constantly check on coverage lapses.
  • Eliminates the time and expense surrounding borrower insurance tracking
  • Reduces charge offs
  • Avoids unexpected losses from insurance lapses or cancellations.
Standard Coverage:
Blanket all risk coverage for uninsured collateral during or after repossession. That includes collision, rollover, and fire. Blanket equipment insurance also offers higher limits of liability for tangible collateral, where a typical VSI program may not.

See what our satisfied clients say about us

"Thanks again for doing such a great job for us, and answering ALL of our questions! We love working with you and the entire staff at J.T. Miller."

Kathy Junker

VP of Real Estate Mortgage, First State Bank & Trust - Bayport

"We really appreciate Wade & Kurt from J.T. Miller as they have taken time to explain in detail our insurance options and coverage. Because of Wade and Kurt, we believe that we have purchased the best Bond and D&O Coverage possible. Kudos to J.T. Miller!"

Dean M.

President & CEO, VisionBank

Contact Us

Does your financial institution lend on equipment? Want to see more about how you can be covered?  Contact a J.T. Miller Company expert today to see how you can lend on equipment worry free.

CONTACT

J.T. Miller Company
52 Hamel Road
Hamel, MN 55340-9625

Map / Directions

(800)-328-4545
Fax: 763-512-2818

Hours: 8am - 4:45pm Mon.-Fri.

 

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