Scrap Metal Industry

Description:

The ScrapPro Program provides insurance coverage for companies engaged in the scrap metal industry. Targeted clients are as follows:

•	Scrap Metal Dealers

•	Scrap Metal Recyclers

•	Metal Recyclers

•	Auto Dismantling (No sale of auto parts)

Coverages:

•	Auto Liability (including pollution and MCS90 Endorsement)

•	Auto Physical Damage

•	Environmental Impairment Liability

•	General Liability

•

Umbrella

•	Workers Compensation

Limits:

•	Auto - $1M CSL

•	GL - $1M / $2M

•	Workers Comp - $1M / $1M / $1M (if writing Umbrella)

Minimum Premium:

•	$15,000 Auto or 5 power units

•

$5,000 GL

•	$50,000 Workers Compensation

•	$10,000 Umbrella

•	$10,000 Pollution

Requirements:

•	ACORD Applications

•	Current plus 3-year prior loss information

•	Current financials

•	Current MVRs

•	ScrapPro supplemental application

•	Fleet checklist

•	Expiring premiums

•	Copy of E&S license (required to file applicable surplus lines taxes & fees)

Availability:

National except Hawaii, Louisiana & Massachusetts

Carrier:

•	Great Divide Insurance Company

•	Nautilus Insurance Company

Highlights:

•	Conversion Coverage Endorsement

•	Impaired Property Amendatory Endorsement

•	Your Products Redefined Endorsement

•	GL auditable based on tonnage in lieu of sales