Posted on 29 May 2012 by Neilson
GMI Insurance, a leading managing general agent for transportation insurance nationwide, announced today that they have launched a new program for Non-franchised Used Auto Dealerships.
GMI is the exclusive, nationwide Underwriting Manager for this program, which is presently being offered through Liberty International Underwriters® (LIU), a member of Liberty Mutual Group, rated “A” (Excellent) XV by AM Best.
“GMI has enjoyed a strong working relationship with LIU, the global specialty lines division of Liberty Mutual, over the years of writing specialty auto program business,” said Karen Trudel, Chief Operating Officer at GMI Insurance. “We are now pleased to be able to provide this service to auto dealers.”
The program focuses on small- to medium-size, non-franchised auto dealers, incidental new automobile franchise operations, and incidental sales of trucks, RVs, boats and motorcycles. ISO based coverages include Garage Liability, General Liability (Lessors Risk), Property, Business Income & Extra Expense, Inland Marine, Dealers Open Lot/GKLL, False Pretense, and all forms of Dealer Error & Omission coverages.
“What makes this program unique is that GMI can provide the insurance not only for the used car operations, but also for the auto rental/loaner operations, which most of our competitors are unable to do,” says Ed Ragan, Program Director at GMI Insurance.
For more information, please visit us on the web at HUwww.GMI-Insurance.comU or contact Ed Ragan at 631-669-3830 or email ERagan@GMI-Insurance.com. The program is not yet available in CO, CT, FL, HI, MA, ND, NH or VA.
About GMI Insurance
GMI Insurance, founded in 1980 by Norman Trudel, has become one of the fastest growing managing general agents in the country. Their suite of transportation-related insurance programs includes Business Auto, Rental Fleet, Contingent Auto Lease, Non-Franchised Auto Dealers and Auto Service and Repair Garages.