DealerGuard®

DealerGuard®

A complete P&C offering for franchised auto, truck, and RV dealers as well as large independent auto dealers.
For over 25 years, DealerGuard has provided insurance solutions to agents competing with the direct writers. Our comprehensive offering gives local agents all they need to protect auto, truck, and RV (franchised only) dealerships.

Program “Sweet Spot” includes new & larger used automobile, truck and RV (new only) businesses. Independent dealers should mirror best practices of franchised dealers. Best results come when we can write all lines on dealerships with between 50 and 2,000 employees and under 12% demo issuance.

 

Click here to access marketing materials for the DealerGuard program.

Success Story

DealerGuard was able to assist a large dealer group with locations in six states. Service from the “large accounts” team at the direct writer had deteriorated and they wanted servicing from their preferred broker. By partnering with DealerGuard, they were able to reduce reporting requirements while maintaining coverages and reducing premiums.

Eligibility Requirements

 

Eligible Risks:

  • Franchised automobile, truck and recreational vehicles dealers. Typical operations include: sales of new and used vehicles, with incidental operations including vehicle maintenance, service, and repair.  Minimum account premium is $25,000.
  • Non-Franchised/Independent Auto Dealer Package minimum premium is $20,000.
  • Garage Liability coverage is available in all states except dealerships domiciled or with major operations in the following venues: MA, CT, NJ, downstate NY (south of Route 84), Cook County, IL, FL and LA.
  • Dealer Open Lot coverage is available in conjunction with Manufacturer and Floorplan coverage.
  • Dealer Open Lot coverage is available in all states with restrictions in those states with extreme hail zones.
  • Dealer Open Lot stand-alone minimum premium is $4,800.
     

Ineligible Risks:

  • Auto (daily or weekly) rental operations
  • Bus, boat, motorcycle and ATV dealers (inventory protection is available for bus and motorcycle)
  • Call if risk is involved in emergency equipment sales or repair as well as bus repair operations
  • Independent Auto Dealers with less than 3 years history, salvage operations, and retaining of title on financed or leased vehicles

Success Story

DealerGuard was able to assist a large dealer group with locations in six states. Service from the “large accounts” team at the direct writer had deteriorated and they wanted servicing from their preferred broker. By partnering with DealerGuard, they were able to reduce reporting requirements while maintaining coverages and reducing premiums.

Coverage Available*


Dealer's Open Lot including:

  • Available stand-alone (some restrictions apply)
  • Available for “non-floored only” when necessary
  • Inventory protection is available for motorcycle and bus dealers

Comprehensive Garage Package, with Coverages available specifically to meet the needs of Franchised and Non-Franchised dealerships:

  • Garage Liability (including Garagekeepers)
  • Broad Dealer Errors & Omissions coverages including limit options for: Truth in Lending/Leasing, Federal Odometer Statute, Title E & O, Lemon Law or Consumer Complaint, Insurance Agents Errors & Omissions
  • Broadened Garage Liability including Advertisers and Personal Injury, Products Extension, Fire
    Legal, Host Liquor, Limited World Wide, Fellow Employee, Employee Benefits Liability
  • Property coverage including Building, Business Personal Property, Business Income/Extra Expense, Equipment Breakdown and Inland Marine
  • Crime coverages
  • Umbrella Liability
  • Monthly Installments at no extra charge

Other Coverage Available (separate policies):

  • Employment Practices Liability
  • Pollution and Underground Storage Tank
  • Cyber Liability

Beyond coverage, precision crafted services include:

  • Loss control and consultative services
  • Claims management provided by nationally recognized third party administrator
  • Client focused service team


*This is intended as a brief overview of the coverages offered.  Please ask for complete copies of policies for a full description of coverage.

All policies are underwritten by insurers that are rated, "A" (Excellent) or better, by A.M. Best.

Success Story

DealerGuard was able to assist a large dealer group with locations in six states. Service from the “large accounts” team at the direct writer had deteriorated and they wanted servicing from their preferred broker. By partnering with DealerGuard, they were able to reduce reporting requirements while maintaining coverages and reducing premiums.

Contact Information

The DealerGuard Insurance Program has two office locations:

Tampa Office

4211 W. Boy Scout Blvd; Suite 1000
Tampa, FL 33607
Phone: (517) 242-4383

Michigan Office

26555 Evergreen Rd., Suite 1600
Southfield, MI 48076
Phone: (517) 242-4383

 

For more information on the services and products offered by DealerGuard, and to learn more about the best ways to address insurable business risks specific to the franchised auto dealer industry, contact:
 

Matthew Cermak, CRM, CIC, AFIP, Senior Vice President, Program Manager

Phone: (517) 242-4383
Fax: (248) 354-5508
Email: matthew.cermak@willistowerswatson.com


Claim Reporting Contact:

Success Story

DealerGuard was able to assist a large dealer group with locations in six states. Service from the “large accounts” team at the direct writer had deteriorated and they wanted servicing from their preferred broker. By partnering with DealerGuard, they were able to reduce reporting requirements while maintaining coverages and reducing premiums.

Obtain A Quote

The DealerGuard program is available to independent agents in the U.S. You must be approved to write business with Willis Programs before you we can bind coverage for your client. If you are not, please visit our “Writing Business With Us” page.

In an instance where the same submission is received from more than one broke, a Broker of Record letter determines control.

All Submissions should include the following:

Garage Package Coverage:

Open Lot Coverage:

  • Completed DealerGuard Application
  • Currently valued loss runs (current plus two prior years)
  • Franchised dealers: page one of most recent month end financial statement for each franchise/dealership
  • Non-franchised dealers: detailed inventory listing for all vehicles


In addition to the coverages listed above, we may be able to provide quotes for the following optional coverages.  Please complete the appropriate application for:


Send Completed applications to: dealerguard.submissions@willis.com

When completing the applications, please be sure to include the Date a Quote is Required and the Expiring and/or Target Premiums.
 

Success Story

DealerGuard was able to assist a large dealer group with locations in six states. Service from the “large accounts” team at the direct writer had deteriorated and they wanted servicing from their preferred broker. By partnering with DealerGuard, they were able to reduce reporting requirements while maintaining coverages and reducing premiums.