Cost Effective and Convenient
A dealer’s financed inventory is a huge investment and critical to the bottom line. In the event of a natural disaster or damaging event, it’s imperative to have the right protection in place, to minimize business disruption.
Safehold administers a comprehensive, convenient, and cost-effective insurance program to help dealers protect their assets, providing dealers and their lenders peace of mind for the unpredictable.
Valuation. Our program values inventory based on the average daily balance of the inventory on-hand.
Billing. We automatically adjust billing to match the reported inventory's value; Applicable adjustments will appear on the monthly billing statement.
Multi-Dealer Preferred Rates. Separate rates for multiple dealerships, based on the percentage of inventory held under each dealer number.
Coverage Features
- Quick, easy enrollment
- Special causes of loss for financed inventory - including collision, earthquake, false pretense, and flood
- Flexible deductibles
- Claims phone line, staffed 24/7 by experienced adjusters to help resolve claims quickly - generally within 14 business days
Special causes of loss for financed inventory, including:
- Collision
- Earthquake
- False pretense
- Flood
Deductibles
Flexible deductibles ranging from $1,000 to $10,000 per occurrence for covered loss or damage.
The information below is a general summary of requirements and exclusions and is for reference only. Additional requirements and exclusions may apply.
Requirements
Inventory must be financed through an approved lender to be eligible.
Resources
Ready to Get Started?
Contact us to explore how Safehold can tailor a comprehensive package to meet your specialized insurance needs.
Territory: National
Jennifer Kyser
Underwriting Manager