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
• Excess
• 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