About: Press Releases

Press Releases < Back to List

May 20, 2009

Expansion of Dealers Open Lot Nationwide Program

HUNT VALLEY, MD (May 20, 2009) – All Risks, Ltd., an independent and national wholesale firm, announces the expansion of its Dealers Open Lot program. This program is available nationwide on a non-admitted basis with an "A" rated carrier.

The Dealers Open Lot Program now targets Franchised New Car, Truck, Motorcycle, Recreational Vehicles, Implement and Equipment Dealers, as well as, large Non-Franchised operations. In addition to the standard coverages of Comprehensive, Collision and False Pretense the program highlights include: Guarantee Cost, no audits, no monthly reporting forms, stated amount coverage available, and weather aggregates on a state by state basis.

This program also can help those auto dealerships that will be closing their doors. Dealers Open Lot Coverage will be available for inventory that is in liquidation/receivership. Typically the bank or financiers’ floor plan loan assets are being liquidated by a court appointed receiver. Usually these policies are no more than three to four months and provide standard comprehensive and collision coverages.

Kevin Gast, Program Manager, has expertise in this niche with over 15 years of underwriting experience. Kevin can be contacted at 800-366-5810, ext. 3047 or .(JavaScript must be enabled to view this email address). Click here for more information on this program.

The National Specialty Programs unit, in the Hunt Valley, MD office of All Risks, specializes in Alarm Companies, Architects and Engineers, Crane Operators and Construction Equipment Rental, Dealers Open Lot, Fire Suppression & Sprinkler Contractors, Insurance Agents' E&O, Janitorial Contractors, Marine/USL&H, Medical Facilities, Pest Control Operators, Private Investigation, REO, Remediation/Restoration Contractors and Security Guards on a nationwide basis. Program descriptions, applications and brochures are available online at www.allrisks.com. They are located at 10150 York Road, Fifth Floor, Hunt Valley, MD 21030. For additional questions contact Chris Kelleher, Director, National Programs at 410-828-5810, ext. 3573.

All Risks, Ltd. based in Hunt Valley, Maryland, is a leading independent wholesale brokerage firm offering comprehensive insurance solutions with a full service platform of brokerage, contract binding, national programs, and personal lines products. The 44 year-old firm employs over 450 staff members in offices located in Maryland, Arizona, California, DC, Florida, Georgia, North Carolina, Pennsylvania, Texas, Virginia and Washington.