DealerPro Auto and Truck Dealer Captive Program
Offered by Novum Underwriting Partners
Auto Dealers Franchised Auto Dealer Trucking Liability CaptiveDescription
Novum Underwriting Partners is your expert source for Auto and Truck Dealer Captive Insurance solutions. With over 30 years combined experience in this space, we understand the market trends and carriers difficulty in providing cost effective insurance solutions for mid to large size dealer risks.
Target Members
- Mid to large size Auto and Truck dealerships who want to take control of their insurance costs and claims
- Minimum captive premium of $250,000
Benefits of a Captive
- Long-Term Control
- Stable Premiums and Coverages
- Insulation from the Cyclical Market Trends
- Superior Policy Coverage
- Return of Underwriting Profits to Members
- Claims Settlement Authority
- Choice of Counsel
- Enhanced Customized Loss Control / Risk Management Services
Novum has the ability to provide a cost analysis to any dealer interested in exploring the Captive concept with five year historical premium, losses and exposures. This is an excellent sales tool to show your dealers what they could see for return in profits over the course of 5 years.
Details
Appointment Required
Carrier Information
Admitted
Listing Contact
Tina May AVP - Garage Program Manager
Offered By
Availability 50 states + DC
Covered
Not Covered