Insurance Requirements

insurancepolicy If you are selected to become a Capital Service Provider, you will be required to maintain and submit proof of the following insurance coverages:  
  • Automobile insurance of at least $1mm
  • Umbrella/excess liability insurance of at least $1 million per occurrence
  • Workers Compensation insurance of at least $1mm per occurrence
  • General Liability Insurance of at least $1 million per occurrence and $2mm in the aggregate, with the following minimum sub-limits:
    • $100,000 for damage to rented premises
    • $5,000 medical expenses per person
    • $1 million personal and adv injury
    • $2 million products – comp/og agg
While these insurance requirements may sound complicated, they are all actually quite standard and simple for your insurance agent or broker to arrange. Capital would be happy to communicate directly with your insurance agent or broker to help you get this right.