Progressive Paloverde Repo Agency Insurance – Are you Really Covered?

EDITORIAL

With the never ending increases costs of repossession agency insurance, a solution rising in popularity is the use of Progressive Paloverde insurance. I’m not speaking of the cleverly marketed national carrier “Progressive”, but “Progressive Paloverde” insurance which provides policies that cover only the portion of business that a business conducts that are repossessions. These policies are intended for companies who do not solely function as repossession agencies and conduct basic tow functions or any other allowed services under the policy terms.

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