Non-Franchised Auto Dealer’s Physical Damage Program Launched
Memphis, Tennessee – London American Risk Specialists, Inc. and Integon Specialty, a division of GMAC Insurance, are pleased to introduce the immediate launch of a Non-Franchised Auto Dealer’s Physical Damage (DOL) Program for dealerships located in Tennessee, Arkansas, & Mississippi. The coverage is very broad in scope and offers several attractive deductible options.
Available Coverage:
- Specified Perils: Fire, lightning or explosion; Theft and Total Theft; Weather; Earthquake; Vandalism and malicious mischief; Sinking, burning collision or derailment of any conveyance of a covered auto
- Collision
- Inventory Specified Perils
- Theft, flood and weather (includes flood) may be excluded
- Optional Coverage:
- Maximum value per vehicle: $25,000 (higher limit available)
- Maximum Limit: $250,000 (higher limit available with GMAC Insurance underwriter approval)
- Coverage for first 2 furnished autos included – additional furnished autos for an additional premium. Inventory Collision is optional
- Coinsurance Requirement: 100%
- Beyond the Claim: How Social Canvassing is Transforming Insurance Fraud Detection
- EPA Designates PFAS Chemicals as Superfund Hazardous Substances
- 4,800 Claims Handled by Unlicensed Adjusters in Florida After Irma, Lawsuit Says
- California Chiropractor Sentenced to 54 Years for $150M Workers’ Comp Scheme
- Inventory Collision
- False Pretense – $25,000 – (higher limits available)
- Unaccompanied Test Drives – an employee of the insured must accompany test drives
Limits:
For additional information contact Martina Lewis
at 800-448-7188 ext 329, mlewis@londonamericantx.com
London American Risk Specialists, Inc. is an independently owned and operated surplus lines/wholesale operation, headquartered in Houston, Texas.
Popular Today
Popular This Month