Risk Theory, LLC, underwriter of the nation’s largest dealer open lot program for independent agents, has expanded its offerings to include garage package coverage for franchised auto, heavy truck, and motorcycle dealers.
The Garage Program, led by industry veteran Bob Tschippert, is tailored to meet the unique insurance coverage needs of franchise dealers. Coverage is written on an admitted and non-admitted basis and provides the following coverages:
- Garage Liability and Garagekeepers
- Commercial Auto
- General Liability
- Inland Marine
- Data Compromise
- Equipment Breakdown
The DOL program and the Garage Package are underwritten by insurers that are rated A- [Excellent] or better by A.M. Best & Company, the company says.