May's dealer open lot insurance programs provide coverage for owned auto and truck inventory held for sale.
Coverage: Non-admitted with an A+ rated carrier
Availability: In most states across the country, with A+ rated carriers only
Limits: Up to $100 million per location with higher limits available upon request
Auto dealerships, truck dealerships, motorcycle dealerships, RV dealerships
Broad coverage including earthquake
Program includes aggregate wind/hail deductibles; terms will vary by state
Flood coverage options available for most dealerships with flood exposures
Competitive premiums
Streamlined application process
Auto Physical Damage supplemental application
Loss runs (5 years)
Copy of current declaration page(s)
Copy of front page of financial statement
Expiring premiums by line of coverage