Skip to main content

Dealer Open Lot

Dealer open lot insurance provides physical damage coverage for fleets of vehicles owned and held for sale by licensed auto dealerships.

We know dealerships

Victor's dealer open lot policy is custom built and equipped to handle specific risks.

Get a quote

To get a quote, complete our auto physical damage application.

auto dealership inventory

Hail protection measures for auto dealers

Ranging from the size of tiny pebbles to tennis balls, hail can cause significant damage. Fortunately, there are a number of effective strategies auto dealerships can implement to reduce the potential impact of hailstorms on their inventory. 

dealer open lot

Agent/broker resources

Dealer Open Lot submission requirements:

Please send submissions to autodealers.us@victorinsurance.com

Dealer open lot insurance provides coverage for owned auto inventory held for sale.

Coverage: Non-admitted with A+ rated carriers

Availability: In all states except Alaska, Hawaii, Kansas (western portion), Louisiana, Montana, North Dakota, South Dakota and Wyoming.

Limits: Up to $25 million per location with higher limits available upon request

Program highlights:

  • Broad coverage including earthquake
  • Program includes aggregate wind/hail deductibles; terms will vary by state
  • Flood coverage options available for most dealerships with flood exposures
  • Competitive premiums
  • Streamlined application process

Download the Dealer Open Lot coverage highlights sheet

To help you and your clients understand and overcome risks, Victor Risk Advisory offers rock-solid industry insights, risk mitigation resources and much more.

Contact the auto dealers team directly at autodealers.us@victorinsurance.com or connect with your business development contact.

Policyholder resources

New business application

Please send completed applications to your existing insurance agent/broker.

If you need assistance in securing an insurance agent/broker, you can use our find an insurance agent/broker tool.

The world is changing at an unprecedented pace. And complex new risks are emerging every year.

To help you understand and overcome these challenges, Victor Risk Advisory offers rock-solid industry insights, risk mitigation resources and much more.

Auto physical damage application

To get a quote, complete our auto physical damage application. 

Pollution incidents

Know your exposures. Does your business have insurance coverage for these complex hazards? 

auto dealership pollution

Discover our other solutions

Our wide range of solutions provides protection on more fronts. No matter how complex, no matter the scale, we strive to leave no stone unturned in covering our clients.

Automotive Dealerships

Targeted, rounded solutions that keep pace with the automotive industry’s emerging risks.

Builders Risk

Protects buildings under construction from fires, theft, natural disasters and much more.

Business Owners Policy

Specialty insurance for small and midsize businesses, covering essentials like property damage and business interruption.

Catastrophe Solutions

ICAT provides property insurance protection to homeowners and businesses located in hurricane- and earthquake-exposed regions of the United States.

Contractors Equipment

Broad inland marine coverage for direct physical damage and loss to mobile machinery and equipment used for construction projects and other activities.

Cyber

Designed for a whole host of cyber threats, such as cybercrime, system damage, business interruption and even court attendance costs.

Design, Construction & Consultants

Far-reaching and flexible solutions for design and construction professionals. Includes professional liability; errors and omissions and property and casualty.

Developers Errors & Omissions

Protects against the complex risks that come with real estate development services. Offers the flexible coverage developers need to navigate today's risk landscape.

E&S Property and General Liability

Excess and Surplus coverage for unique and hard-to-place risks. Available to a broad appetite across several industries.

Flood

Protects against major damage to homes, businesses and personal property caused by floods. Includes an industry-leading, web-based flood portal and access to real-time flood policy insurance.

Forest & Logging

Competitively priced coverage for property, general liability, including loggers broad form property damage, commercial auto, inland marine and umbrella coverage.

General Liability

From artisan contractors to fitness instructors, we offer essential and comprehensive protection against injury, illness and property damage for businesses.

Kidnap, Ransom & Extortion

Available to practically any type of company or high net worth individual. We provide guidance on predicting and preventing these events - plus access to a leading international crisis response firm.

Miscellaneous Professional Liability

Protects against claims arising from professional malpractice. Covers a breadth of industries from advertising to surveyors, with limits up to $5m.

Non-Profit Management Liability

Protects non-profits' directors, employees, volunteers and more from a wide selection of risks. These include directors' and officers' liability, employment practices liability and other vital coverages.

Private Company Management Liability

Privately held organizations are vulnerable to a whole host of allegations. Our program provides D&O, EPL and several other essential coverages to help protect private companies.

Public Entities

We have a wealth of experience working with cities, counties, special districts, schools and colleges across the US. We're focused on providing underwriting and administrative services to public entity pools – and helping retail insurance brokers in finding markets for their public entity and school clients.

Real Estate Errors & Omissions

Real estate transaction risks are always on the move. Our insurance keeps up with flexible coverage for real estate agents, brokers, appraisers and more.

Reinsurance

If you're a small to midsize US insurer, we offer a number of programs to support your risk portfolio. With first-rate financial strength ratings, you know you're in safe hands.

Workers' Compensation

Top-tier wage replacement and benefits for employees who've been injured at work. Features super reactive claims services and limits of up to $1m.