When a vehicle has been towed or repossessed, there is no way to know the kinds of damages that could occur during the transportation or holding period. At XINSURANCE, our goal is to provide coverage for those gaps to those who need it most where regular insurance companies do not. Whether you need insurance for wrongful repossession, risks in the transportation of goods, liability insurance for risks associated with garage keepers and watchdogs, or something else, XINSURANCE is the insurance partner you want for the coverage you need.
With XINSURANCE, you can purchase customized liability insurance coverage that will protect you in all the areas that your homeowners, employers, and business insurance policies won’t or can’t. Our underwriting team brings you over 30 years of experience, along with the ability to offer customized limits, coverage, deductibles, and premiums to create the perfect plan for your personal protection.
Approximately 2 million Americans take out an auto title loan each year. High interest rates of 300% or more are charged resulting in a high rate of repossession and long repayment periods.
One out of every five auto title loans results in the borrower’s car being repossessed.
Even the best of intentioned repo professionals can open themselves up to situations where they could be charged with violations, including property or bodily injury.
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