Serving California, Arizona, Nevada, and Idaho Car Dealers CALL US: 888-DLR-INS4 (357-4674) Join us on Google+  Join us on Facebook  Watch Us on Youtube

 
   

News

MOTOR DEALER SERVICES NEWSLETTER

Where Did My Insurance Company Go?
I hope he has the right coverage and a sharp agent

In the first few months of 2014 State National Insurance, TOPA Insurance and Starr Indemnity all left the California / Arizona dealer insurance market. We hear that losses made it unprofitable for each of them to do business here. Did your insurance company disappear? We work with multiple companies to save you money. We shop your insurance based on your business model and your location to place you with the company with rates best for you.

Bond Rates Have Plummeted

Six years ago bond rates skyrocketed during the economic crisis. For the last couple of years rates have been coming down. Since January some companies have reached pre-disaster rates. Clicking this fully automated link http://www.motordealerservices.com/quote.html will take you to our bond application. We shop multiple bond companies. We have cut many dealers bond rates in half. California and Arizona dealers click the link and save.

50% - 66% - 100%

If the flooring company only requires a percentage of my inventory to be insured, why would I want to cover it all? Because of your insurance policy’s “co-insurance clause.” Part of the insurance company’s formula to determine their risk and your rates, is the dealer’s total inventory value. Although we do everything we can to save dealers money, we would never want to do anything that would cause a claim to be underpaid. Under declaring inventory amounts leads to claims being underpaid by the same percentage the inventory was under declared. Click this link http://www.motordealerservices.com/news_2010.html and read “underreporting money saver or suicide” to see a detailed explanation on our site.

Is there information here that your agent didn't tell you?

Did it cost you money?

We hope not.

Written by:
Dave Hoffman - Broker / Owner
Lic. CA 0D87197 AZ 906944 NV 1100441

Newsletter Archive


Used. Car. Insurance. Used car dealer insurance. Car dealer insurance. Dealer Insurance. Auto Dealer Insurance. Used automobile dealer insurance. Automobile dealer insurance. Auto dealer bond. Used car dealer bond. Wholesale dealer bond. Dealer plate insurance. DMV bond. DMV bond quote. Mvd bond quote. Plate insurance. Used car dealer bond. Dave Hoffman. Garage keepers insurance. Garage keeper's insurance. Used car wholesaler insurance. Car wholesaler insurance. Wholesaler insurance. Garage liability insurance. Open lot coverage. Garage keepers legal liability. Garage keeper's legal liability. Truth in lending errors and omissions. Odometer errors and omissions. Title errors and omissions. GKLL. Home About Us Important Bonds QUOTE Why Us Repair Forms and Applications Videos Newsletter Links Links Page 2 Contact Us West Coast Dealer Magazine Ad
Valid XHTML 1.0 Transitional Valid CSS!