Proof of Insurance

Savage takes seriously our contractual obligations to comply with customers’ insurance requirements.

We maintain a wide range of insurance programs with comprehensive policy terms and conditions. To simplify and enhance how we evidence insurance information to our customers, we provide direct links to our Memorandum of Insurance (MOI) maintained by our insurance broker, Marsh, for Savage Enterprises Holdings, LLC and its subsidiaries and affiliates. This provides immediate proof of coverage and could reduce the issuance of thousands of individual certificates of insurance. This MOI is available for viewing and distribution at any time for your convenience. The MOI evidences our compliance with standard insurance-related contract terms and conditions. In many cases, the MOI provides you with even more information than what is on a standard Certificate of Insurance.

Savage Enterprises Holdings, LLC and its subsidiaries and affiliates MOI

FAQ

WHAT IS A MEMORANDUM OF INSURANCE?
IS AN MOI EVIDENCE OF INSURANCE COVERAGE?
HOW DOES AN MOI VARY FROM A CERTIFICATE OF INSURANCE?
CAN THE MOI BE PRINTED?
WHAT ARE THE KEY BENEFITS OF USING A MEMORANDUM OF INSURANCE?
A Memorandum of Insurance:
- Provides immediate proof of insurance and is available to view and print at any time, meaning no more locked out trucks on a Saturday when the SSC is closed or delayed equipment rentals.
- Reduces the paperwork, phone calls, emails and faxes involved in obtaining paper certificates directly from Savage.
- Enables Savage to more efficiently provide you with additional information about our insurance program, such as a listing of policy endorsements granting Additional Insured status and granting Waivers of Subrogation where required by contract terms and conditions.
WHY IS SAVAGE NOW USING THE MEMORANDUM OF INSURANCE TO PROVIDE EVIDENCE OF INSURANCE?
WHO CAN I CONTACT IF I HAVE QUESTIONS ABOUT THE MEMORANDUM OF INSURANCE?