Floor Plan Insurance Program

Depending on the characteristics of the dealership there are clear individual winners and losers within many of the wholesale floorplan insurance programs.

Floor plan insurance program. Plan ahead as there is typically a 30 day waiting period for an nfip policy to go into effect unless the coverage is mandated it is purchased as required by a. An office floor plan is a type of drawing that shows you the layout of your office space from above. When floor plan insurance is part of a client s insurance program i recommend that the business personal property coverage be endorsed to exclude all items protected under the floor plan insurance. Office floor plan 23x20.

To purchase flood insurance call your insurance company or insurance agent the same person who sells your home or auto insurance. If you need help finding a provider go to floodsmart gov find or call the nfip at 877 336 2627. Office floor plan 15x17. Floor plan finance options are popular within the automotive industry.

We combine decades of industry knowledge with the strength and stability of one of the largest insurance carriers in the world to deliver a sustainable. The office floor plan will typically illustrate the location of walls doors windows stairs and elevators as well as any bathrooms kitchen or dining areas. However not all inventory finance companies offer retail and dealership wholesale financing options. The inventory can include cars trucks recreational vehicles motorcycles equipment and manufactured housing dealers.

For over 25 years the dealerguard insurance program has provided open lot physical damage coverage for franchised and large independent dealers associations and finance company floor plans. Simply call 1 800 729 4622 option 4 mon fri 8 am 7 pm et or contact your dealership insurance specialist your insurance account executive or your ally representative. While some lenders are unable to properly serve independent dealers nextgear capital has proudly served the independent dealer market for over ten years our floor plan financing options allow dealers to finance nearly any. Every floor plan insurance contract i have seen was an inland marine based policy.

Insurance that covers goods meant for sale that are in the possession of a retailer and have been accepted as collateral for a loan. How do i get a quote for ally wholesale floorplan insurance program coverage.