Truck sales in the U.S. can be located on stand-alone new and/or used commercial truck lots as well as some used car operations that carry both cars and trucks. The unique specialties and scope of truck dealership demands have also encouraged the growth of online truck sales portals. KBK has worked with used car dealers for about two decades. Their recent entry into “new” truck dealers is a natural extension of their broad commercial vehicle business skill sets.
KBK Insurance Group, as a recognized leader in commercial auto insurance products and services is “hitting the ground running” for new and used truck dealers in all but six U.S. States. Leveraging 25+ years in business including 80% of those years finding coverages for used car dealers, KBK has now added “new” truck dealer’s insurance. The expanded coverage will be a welcome addition to this underserved commercial auto segment. Very experienced underwriters can assess, rate and bind coverage for a variety of truck policy options. KBK Insurance Group deploys a very detailed application to fully understand the scope of the exposure. Details on flood plan proximity, type of lot security (physical and/or human/canine), number of dealership-owned service vehicles, escorted or non-escorted test drives, other than used truck inventories, etc. The company can provide a wide selection of truck dealer products and services such as the fundamental exposures of dealer liability, garage liability, dealers-open lot, personal injury and errors & omissions. Additionally, KBK can find dealers coverage for location-medical payments, uninsured motorists, drive-away collision, Federal odometer and property, in most cases.
KBK Insurance Group is licensed to write these commercial auto coverages in all U.S. States with the exceptions of Alaska, Hawaii, Massachusetts and New York.