An insurance program for professional repossession contractors who work with banks, credit unions and other reputable lending institutions.
auto repossession

We take care of the risk so you can take care of your clients.  

In the U.S. more than two million vehicles are repossessed every year.  Over the past five years, an expanding economy and consumer spending have resulted in a larger volume of debt, increasing the market for repossessions while growing industry revenue by an annualized rate of 4.3% to $1.6B.  With yearly repossession rates at 65% compared to yearly new car sales, this means that for every 2.4 cars sold, one existing vehicle on the road will be repossessed.

TUMI, part of the Amwins Underwriting division,  offers an exclusive repossession program that is distributed through a select group of retail brokers.  Repossession contractors deal in a line of work that involves unpredictable risk and varying degrees of volatility.  Our experts have been underwriting repo business since 2008, providing tailored solutions for both small and large fleet accounts.  We offer a wide range of insurance solutions that save your clients time, hassle, and money so they can focus on the day-to-day operations of their business.

Eligible accounts

  • Professional repossession contractors that work closely with banks, credit-unions and other reputable lenders

Ineligible accounts

  • New ventures
  • Pawn shops

Coverage & limits

  • Auto liability - $1M
  • General liability - $1M
  • Physical damage - $500K
  • On-hook/cargo - $500K
  • Garagekeepers - legal liability or direct primary
  • Wrongful repo & drive away coverage available
  • Excess limits available

*No monoline GL

Repossession Insurance
Program details


The program is available in AL, AR, AZ, CA, CO, DE, GA, MD, MS, NJ, OH, OR, PA, TX, VA, and WA.

Minimum premium



A.M. Best rated "A" (Excellent)

Contact Us

Rob Mills
Senior Underwriter
Trinity Underwriting Managers (TUMI)