Michael Dauth, Vice president and broker, Breckenridge Insurance Services
Breckenridge Insurance Services
Specialty: Dealer’s open lot
Traditional dealer’s open lot insurance has been challenged with the rise in natural disasters and catastrophic losses, and auto dealers increasingly face daunting losses and less-than-ideal coverage options. Michael Dauth has specialized in dealer’s open lot coverage since 2003, and his experience helps insureds prepare for such events through sound risk management practices that include maximum coverage and claims support. He has worked with a number of larger dealers and their agents in building a layered approach to proactive coverage solutions.
Having worked on both the agent and underwriting side, Dauth offers a valued perspective, even when it’s not the answer an agent wants but one he or she needs to hear. He prides himself on putting forth his time and expertise to be a long-term partner not only to his clients, but also to the carrier partners that he works with closely.
“It is almost a daily ritual to keep in touch with the markets and who is doing what,” he says. “I keep up with my bank relationships weekly and reinsurers weekly, as well as always try to make sure that I am on top of changes, as it seems to change all the time.”