PRODUCT: Mile High Markets Daily Auto Rental Insurance Program

COMPANIES: Falls Lake National Insurance Company; Falls Lake Fire & Casualty Company; James River Insurance Company.

BEST RATING: A-

AVAILABILITY: Appointed agents and brokers only.

FOCUS: Mile High Markets, a managing general agency specializing in fleet insurance for auto rental operators, has updated its daily rental insurance program with new carriers and a new third-party claims administrator.

The managing general agent (MGA) has specialized in daily auto rental insurance coverages since 1985 and takes pride in creating insurance programs tailored to a rental operator's exposures, needs and state laws.

“Mile High's program is proven and ready to offer solutions for agents' auto and truck rental risks," says Angela Dodd, vice president and program manager, Mile High Markets. “From carriers with an appetite for the daily auto rental market to a claims team with a reputation for service, the Mile High program offers agents an end-to-end solution."

COVERAGE DETAILS: Coverage highlights include liability limits up to $1 million with additional limits available; physical damage coverage; general liability coverage for premises and operations, including onsite or offsite at an airport; garage liability; and supplemental liability insurance for renters, up to $1 million.

UNDERWRITING: Operators must have a minimum of 10 units in their rental fleet with no high-value or exotic vehicles and no vehicles over 10 years old. The rental agreement is crucial in underwriting the risk. Mile High Markets are looking to insure operators with a clear transfer or risk.

TARGET: Small independent operators with 10 cars up to multi-state risks with 20,000 or more vehicles.

COVERAGE AVAILABILITY: Available in all states except CT, NY, NJ, MA, MD and HI.

CONTACT: Angela Dodd, vice president and program manager, Mile High Markets; 303-218-4066.

 Will Jones is IA editor-in-chief.