Aon subsidiary K&K Insurance Group announced yesterday it is expanding its franchised powersport dealership program to include recreational vehicle dealers. The comprehensive program also caters to motorcycles, personal watercraft, snowmobile and ATV dealerships.
Coverage options under the program include property, general liability, inland marine, crime, garage liability, garagekeepers coverage, employment practice liability (in some states), excess and workers’ compensation. Dealer physical damage coverage is not available.
Limits of $1 million are available, with up to $25 million excess.
Lita Mello, senior vice president of K&K’s recreation division, said the company’s history in sports and recreation gives it an edge in offering coverage to RV dealers.
“K&K Insurance has more than 30 years of experience providing coverage to franchised motorcycle and powersport dealerships,” Mello said. “With an experienced staff of underwriters and claims managers that understand the specific needs of dealerships, we are well-prepared to provide exceptional service to insurance agents and their RV dealership clients.”
The program is available to agents without prior appointment or agreement, and is offered in all states except Massachusetts, Minnesota, New Jersey, Virginia and the District of Columbia.
Coverage is offered on either an admitted or surplus lines bases depending on the state and provided through an insurance carrier rated “A+” by AM Best Company.
Interested agents can learn more and access applications and underwriting guidelines by visiting www.kandkinsurance.com.
