Ask Your Peers DEALERS OPEN LOT (Closed)

stev e, Forsyth Insurance Agency - Lincoln, NE 68510

Reputation: 494 - Total posts: 58

We are looking for stand alone Dealers Open Lot (or package if necessary) markets for a used car dealership in Nebraska with a $1,700,000 inventory and a $470,000 DOL hail loss, a $115,000 building hail loss & a $7,200 deer hit all in the past year.

9 year(s) ago

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4 Verified Reviews - 5 of 5.0

Ashley Fuerstenberg, AmWINS Underwriting - Catlett, VA 20119

Reputation: 4666 - Total posts: 403

Hi Steve,

Thank you for using CompleteMarkets!

I wanted to let you know that I did a market search and was able to find a company that can help you write this risk. USG Insurance Services has a Garage Dealers and Non-Dealers Insurance program that specifically works with open lot dealers. They have a $750 minimum premium and work with more than 10 A rated carriers for this.

Please click here to send in a submission to them, include any apps/accords you have, this will help the process go faster.

Do not hesitate to reach out to me with any questions you have.

9 year(s) ago

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1 Verified Reviews - 5 of 5.0

Kenneth Kukral, International Excess - Beachwood, OH 44122

Reputation: 563 - Total posts: 101

Might be ale to get this done in Lloyd's open market.... e-mail me an application at [email protected]

Kenneth Kukral, CIC
www.intlxs.com
www.xsprograms.com

9 year(s) ago

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0 Verified Reviews - 0 of 5.0

stev e, Forsyth Insurance Agency - Lincoln, NE 68510

Reputation: 494 - Total posts: 58

Thanks Ashley, but we already submitted to USG and they would exclude wind & hail for DOL which defeats the purpose or need. EE Hall/Corepoint, Empire Undw, Schinnerer, CIG, All Risks & KBK are other secondary markets we have approached and they all either declined or would exclude Wind & Hail. The only quote that covers the entire inventory without wind & hail exclusions is Houston Specialty and they have high deductible requirements, but it is a bindable quote

9 year(s) ago

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