The Diversified Auto Inventory Insurance (DAII) program insures physical damage for vehicles that are owned by franchised dealers, including auto, truck, RV and motorcycle franchises.
Franchised dealer open lot coverage is available for all dealer owned vehicles, including new and used inventory, demonstrators, shop rentals, furnished autos, vehicles held for consignment,and hired vehicles.
Following are details on Diversified’s DAII program:
❍ Includes comprehensive, collision, false pretense, economic loss due to collision, flood, earthquake and most other causes of loss
❍ Monthly reporting form
❍ Pays $25 per vehicle to move vehicles to avoid a flood loss
❍ Fast turnaround on quotes
❍ Losses under $10,000 are “fast tracked” for payment within 48 hours
❍ Underwritten through Allianz Insurance, rated A+ XV
❍ AccuWeather Services are available at a special program rate