American Lease Insurance (ALI) offers an automated program of insurance coverage and tracking to leasing and finance companies of equipment and commercial vehicles that works for your customers — and for you. When you work with a funder who uses the ALI Program, you benefit from a professionally managed insurance program that delivers distinct advantages to your customers – and to you.
The ALI Program provides coverage automatically, from the date a deal is booked. Your customers don’t have to worry about insurance at funding – and neither do you. You no longer have to verify insurance documentation prior to closing.
If customers choose to provide their own insurance, ALI tracks that coverage for the full term of the agreement. If their coverage expires or is cancelled, ALI Program coverage goes into effect. You won’t be asked to obtain evidence of renewed or reinstated coverage, because your funder’s portfolio is covered at all times.
Underwritten by A-rated insurance carriers, the ALI Program provides the dependable coverage your customers deserve. See what’s covered for equipment or vehicles.
The ALI Program is affordable: there’s not even a deductible to pay. We’ve made it easy for your customers to compare costs with a free insurance quote online.
ALI is convenient for your customers, invoiced or electronically transferred along with their finance or leasing charges, so there’s no additional bill to keep track of or payment to make. Should they experience a loss, a simplified claims process ensures claims are processed quickly, so they can continue operating.
The ALI Program is designed to deliver a broad range of benefits. Comprehensive portfolio protection for your funder. Superior protection, affordable cost and convenience to your customer. Additional value you can rely on – and no more insurance obstacles at funding for you.
Show equipment customers a printable summary of coverage
Show vehicle customers a printable summary of coverage
For more information, contact firstname.lastname@example.org.