Franchised Automobile Dealer Open Lot Inventory Insurance in New Jersey

Monoline auto physical damage coverage is available for vehicles that are owned by franchised dealers, including new and used inventory, vehicles held for consignment, demonstrators, furnished autos, shop rentals, and hired vehicles.

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Alaska

Maryland

North Carolina

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New Jersey

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Pennsylvania

Arizona

Maine

Utah

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West Virginia

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California

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Connecticut

Delaware

New Hampshire

Coverage: Excess and surplus lines carrier with A.M. Best ratings of A (Excellent) Category Size XV (15, the largest category).

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Includes comprehensive, collision, flood, earthquake and most other causes of loss

Competitive Wind/Hail deductible aggregates available

Applicable flood and earthquake sublimit

Quick turnaround on quotes

Deposit & Monthly Payments

Monthly reporting of values

Livegenic® claims handling for most losses

Policy Sublimit

Coverage

Maximum Per Vehicle

$250,000

False Pretense

$100,000 per occurrence

$200,000 annual aggregate

Parts % and Labor %

75% for Parts / 90% for Labor

Economic Loss Collision

Up to $2,500 per vehicle

Weather Deductible

Per car/aggregate options available for most dealers

Spot Delivery

Government Confiscation

Included

are you eligible?

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Franchised Automotive Dealership

time in business franchised automobile dealer open lot inventory insurance in phoenix

Risk must have at least 3 years in business

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Completed Diversified Dealer Open Lot online application

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Loss runs (4 years)

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Become a Registered Agent

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