• Program is available for Franchised and Non-Franchised Auto Dealers, RV Dealers, Truck Dealers and Motor Cycle Dealers.
• Risk Point Alert Weather App sends push notifications to a mobile device when severe weather is within 30 miles, 20 miles, and 5 miles of a target auto dealership.
• Weather Loss aggregate deductibles available.
• Economic Loss covered to a maximum of $2,500 as a result of collision damage to a new vehicle and $2,500 for additional miles added to the odometer of a new vehicle as a result of a theft loss to a new vehicle.
• A high sublimit ($200,000 per year) for False Pretense (trick, scheme or device) loss.
• Coverage available for stored “off lease” vehicles.
• An aggregate deductible on collision losses. This is unique in the industry.
• Dealer “holdback” covered on total losses to new vehicles – this too is a coverage not often offered by other carriers.
• The “margin clause” provides coverage equal to 125% of the limit shown in the event that a loss exceeds the limit of insurance shown on the policy. The average monthly value is the limit of insurance shown on the declaration page that will be used as the rating basis. The “margin clause” does not apply to Flood or Earthquake coverage.
• Convenient payment plan with 15% down and 10 monthly payments.
• No monthly reports of values required by dealers.
• Superior Customer Service.
• Claims Service provided by Risk Point and managed from our Dallas, Texas headquarters.
• Program commission starts at 10%.
Brian Atkinson SVP of Marketing & Business Development
Risk Theory, LLC
5 listings in 50 states + DCView Company
Availability 50 states + DC