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.

ELIGIBLE CLASSES

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

PROGRAM PARAMETERS 

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 Property

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

INELIGIBLE RISKS

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.

PROGRAM AVAILABILITY

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.