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:
Inventory Collision
False Pretense – $25,000 – (higher limits available)
Unaccompanied Test Drives – an employee of the insured must accompany test drives

Limits:

• 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%

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.

Topics Auto New Markets