SUPPLEMENTAL HAIL INSURANCE
FOR AUTO DEALERS
SPECIALTY HAIL

Our Solution

1. Parametric Supplemental Hail Insurance pays directly to the Dealer in addition to the Inventory Policy.


2. The Dealer selects a payout limit and hail size options based on the Dealer’s unique knowledge of how weather can damage their inventory and property.


3. An independent company will install a hail monitoring station at your dealership.

Hail Damage rz_edited.jpg
 

ARE YOU PREPARED?

  • If your inventory was completely totaled by a storm

  • If you have no cars to sell for 60-90 days

  • If there was a supply and demand issue

  • To pay a deductible in excess of a million dollars

  • If your competitor can discount their cars more then you in a hail sale

  • Additional advertising expenses for a hail sale

FREQUENTLY EXPERIENCED PROBLEMS

  • Inventory insurance protects the lender instead of you

  • The claim process can be long and complicated

  • High deductibles for hail

  • Inventory insurance does not cover lost income and profits

  • Inventory insurance excludes the diminished value of the vehicles

  • Garage coverage could exclude hail coverage for customers’ vehicles

STATES WITH MAJOR HAIL EVENTS

 
 

Contact

800-638-9412