Used Auto Dealer
GMI is the EXCLUSIVE, COUNTRYWIDE UNDERWRITING MANAGER for Non-Franchised Used Auto Dealers. This program is offered through an A.M. Best A XV Rated Carrier.
o Non-Franchised Auto or Truck Dealers
o Automobile Wholesalers and Retailers
o Incidental New Automobile Franchise Operations
o Incidental Sales of RVs, Boats and Motorcycles
o Small to medium size, non-franchised auto dealers
o Private passenger vehicles, pick-ups, vans and trucks (max GVW 15K)
o Up to fifty units for sale on lot
o Servicing operations must typically be less than 15% of revenue
o Tow trucks, car haulers, and car trailers that are "not-for-hire"
COVERAGE HIGHLIGHTS (ISO Based Coverages)
o Garage Liability
o General Liability (Lessors Risk)
o False Pretense
o Inland Marine
o Dealers Open Lot / GKLL
o Business Income & Extra Expense
o All forms of Dealer Professional with limits up to $300K
Dismantling, salvage or recycling operations; Jetski's and ATV's; Franchised auto dealers; Exotic car dealers; Classic and antique autos; Bus and emergency vehicle dealers; Equipment and truck dealers.
Not yet available in CO, CT, FL, HI, MA, NH, ND or VA
We Can Also Accomodate Combined Dealership Operations with Rental/Loaner Operations, too! Please inquire today.