https://completemarkets.com/company/Ryan-Specialty-National-Programs/Franchised-Auto-Dealers-Package-Insuance/
Insurance for Franchised Auto Dealers Package
Ryan Specialty National Programs offers a dedicated Franchised Auto Dealers Package Insurance Program built for retail agents who place franchise new-vehicle and RV dealership accounts. Backed by more than 50 years of combined automotive industry experience, the program pairs broad coverage forms with access to multiple competitive carriers so you can place complex dealer exposures with confidence. A stand-alone Dealers Open Lot (DOL) option is also available in most states.
Ideal Accounts and Appetite
The Franchised Auto Dealers Package is designed for:
Authorized, brand-name franchised new car dealerships
Franchised new RV dealerships
This program fits dealers that operate showrooms, sales and service departments, and offer demo/loaner vehicles. It is not intended for independent dealerships or used-only lots.
Coverage Highlights and Advantages
This program combines dealer-specific liability and property protections with specialty endorsements commonly required by franchised operations:
Auto Dealers Liability — limits up to $1,000,000
Errors & Omissions enhancements — including Title E&O, Insurance Agents E&O, and Truth-in-Lending coverage
Disclosure liabilities — Odometer Alteration, Auto Damage, Auto Parts, and Used Car Buyer’s Guide
Legal defense for product-related claims
Garagekeepers and Garage Liability — Blanket Garagekeepers Comprehensive and Garage Identity Theft Vicarious Liability
Property and business income — Agreed Value BPP, Equipment Breakdown, and Actual Loss Sustained BI/EE options
Crime and Cyber Liability — including Computer and Funds Transfer Fraud
Employment Practices Liability Insurance (EPLI) with third-party coverage
Umbrella limits up to $10,000,000 with 2x aggregate
Dealers Physical Damage, Driveaway Collision, False Pretense, and Economic Loss coverages
Flexible billing is available (Direct Bill and Agency Bill), with guaranteed-cost options that require no audits or monthly reporting and multiple installment plans.
Underwriting Notes and Submission Requirements
To quote a risk, provide:
Completed package and supplemental applications
Four years of currently valued loss runs
Current financial statements
Copies of demo and loaner agreements
Target pricing or expiring premium
Minimum premiums and final terms depend on exposures, location, and loss history.
Territories and Availability
This program is available in: AL, AZ, AR, CA, CO, CT, DE, FL, GA, IL, IN, IA, KS, KY, LA, ME, MD, MI, MN, MS, MO, NE, NV, NJ, NM, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, WA, DC, WV, WI. The program is non-admitted and placed through various carrier partners.
Why Work With Ryan Specialty National Programs?
Ryan Specialty National Programs is a program administrator with focused expertise in franchised dealer exposures. Their underwriters understand manufacturer requirements, dealer operations, and the common loss drivers for showroom, service and lot operations. As an agent you benefit from:
Access to multiple competitive carriers and broad forms tailored for franchised dealerships
Underwriting familiar with demo/loaner exposure, garagekeepers, identity theft and title-related liabilities
Flexible billing and placement options suitable for high-volume or multi-location dealers
Streamlined submission requirements to speed quoting for well-documented risks
Practical Placement Examples
You have a multi-line franchised new car dealership with showroom, parts and service operations and occasional loaner vehicles — this program can combine Dealers Liability, Garagekeepers and Property on an agreed value basis to match the dealer’s needs.
You represent a franchised RV dealer expanding inventory and requiring Dealers Physical Damage, DOL protection and cyber/crime coverage — the program’s endorsements and umbrella capacity can be combined to address those exposures.
Frequently Asked Questions
What types of accounts are a good fit for this program?Franchised new car and franchised new RV dealerships with showroom, sales and service operations are the intended accounts. Independent or used-only dealers are outside the program’s appetite.
Is Dealers Open Lot (DOL) coverage available on a stand-alone basis?Yes. In most states, stand-alone DOL coverage is available as a companion offering through this program.
What billing options are available?Both Direct Bill and Agency Bill options are available. The program offers guaranteed cost placements with no audits or monthly reporting, plus flexible installment plans.
Is this program admitted or non-admitted?This program is non-admitted and is placed through various carrier partners.
What documentation is required to submit a risk?Provide completed applications, four years of currently valued loss runs, current financials, demo and loaner agreements, and target pricing or expiring premium to start the quoting process.
Need help placing an account? Connect with a market specialist.