Risk Point LLC, a nationwide dealer open lot program for independent agents, has expanded its offerings to include physical damage and garage package coverage for franchise RV dealers.
The Vehicle Inventory Program (VIP) provides dealer open lot physical damage insurance for dealership owned vehicles. This includes new and used inventory, demonstrators, shop rentals, furnished autos, vehicles held for consignment, and hired vehicles.
Available for dealers nationwide, the turnkey VIP program provides optional aggregate weather deductibles at competitive rates. Claims are managed by Applied Claims Group, LLC’s whose claims professionals are located in our Dallas office. Coverage is written on a non-admitted basis.
The Risk Point Garage Program is tailored to meet the insurance coverage needs of franchise RV, dealers. Coverage is written on an admitted basis and includes property; garage liability coverages, including products and completed operations and transactional errors and omissions; garage keepers; employee dishonesty, depositors’ forgery, and other forms of crime, and an umbrella policy.
The VIP program and the Garage Package are underwritten with insurers that are rated A- or better by A.M. Best & Company.
The program is available to retail insurance agents and brokers.