Dealer open lot insurance program provides coverage for owned auto inventory held for sale.

Coverage: Non-admitted with A+ rated carriers

Availability: In all states except Alaska, Hawaii, Kansas (western portion), Louisiana, Montana, North Dakota, South Dakota and Wyoming.

Limits: Up to $25 million per location with higher limits available upon request

Target markets

• Auto dealerships

Program highlights

• Broad coverage including earthquake
• Program includes aggregate wind/hail deductibles; terms will vary by state
  
• Flood coverage options available for most dealerships with flood exposures
• Competitive premiums
• Streamlined application process

Submission requirements

• Auto Physical Damage application
• Loss runs (3 years)
• Copy of current declaration page(s)
• Copy of front page of financial statement
• Send submissions to autodealers.us@victorinsurance.com
  

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