DealerGuard®

DealerGuard®

An insurance program for Open Lot protection for: franchised and independent dealers, associations and Finance Company Floorplan. Since 1991, DealerGuard has been the industry leader providing "All Risk" form physical damage coverage for automobile dealerships nationwide. We keep up with the changes, so we can keep up with you. DealerGuard employs the same philosophies that all of our programs are built on – knowing your business almost as well as you do. Program “Sweet Spot” includes new & used automobile, truck, RV, equipment, and  motorcycle business with inventory between $1,000,000 and $25,000,000 excluding those in CO, AK, KS, OK, NE, MO, FL, RI.

Success Story

DealerGuard was able to adjust rates and exclusions for an auto dealer risk to meet a coverage requirement.

Eligibility Requirements

Designed for franchised and independent dealers of automobiles, recreational vehicles, motorcycles, trucks, buses, mobile equipment (i.e. construction, farm, and material handling), ATVs, jet skis and antique/classic cars.

  • The program is available on admitted paper in all states but Hawaii.
  • Minimum Policy Premium is $4,800
  • Standard program limits up to $30,000,000 per location, $750,000 per vehicle (higher limits available on request)
  • Written on a stand-alone basis or in conjunction with any of the manufacturer's floor plan insurance programs

SIC Codes:
5511 Motor Vehicle Dealers New or Used
5521 Motor Vehicle Dealers Used
5561 Recreational Vehicle Dealers
5571 Motorcycle Dealers
5599 Automotive Dealers, NOC
5082 Construction Equipment
5083 Farm and Garden Machinery and Equipment
5084 Industrial Machinery and Equipment

Success Story

DealerGuard was able to adjust rates and exclusions for an auto dealer risk to meet a coverage requirement.

Coverage Available

  • "All Risk" physical damage including but not limited to: Windstorm, Hail, Earthquake, Flood and Water Damage, Theft, Fire, Lightning, Malicious Mischief, Vandalism and Collision/Upset
  • False Pretense or "deception" coverage sublimit of $150,000 per dealership entity
  • Spot delivery coverage
  • Impending damage coverage
  • Economic loss collision coverage sublimit
  • Automatic coverage at tent sales, auction sites, trade shows, etc.
  • Coverage for consignment vehicles
  • Dealer trades covered without prior notification
  • Multiple deductible options

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

Success Story

DealerGuard was able to adjust rates and exclusions for an auto dealer risk to meet a coverage requirement.

Contact Information

The DealerGuard Program office is located in Farmington Hills, Michigan.

Our mailing address is:
32255 Northwestern Highway, Suite 201
Farmington Hills, MI 48334

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 auto service related industry, contact:

 

Matthew Cermak, CRM, CIC, AFIP, Program Manager

Phone: (248) 539-6670
Fax: (248) 354-5508
Email: matthew.cermak@willis.com

 

Success Story

DealerGuard was able to adjust rates and exclusions for an auto dealer risk to meet a coverage requirement.

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.

All Submissions should include the following:

  • Completed Vehicle Inventory Protection Application
  • Three years of currently valued, hard copy, carrier loss runs (a loss summary and/or list of loss codes is most helpful)
  • Franchised dealers: page one of most recent month end financial statement for each franchise/dealership
  • Non-franchised dealers: detailed inventory listing for all vehicles
  • The date you need the quote
  • Expiring and/or target premiums

 

Send Completed applications to:

Matthew Cermak, Program Manager
DealerGuard Insurance Program
Toll Free: (248) 539-6670
Fax: (248) 354-5508
Email: matthew.cermak@willis.com

Success Story

DealerGuard was able to adjust rates and exclusions for an auto dealer risk to meet a coverage requirement.