Automotive News - November 17, 2008 - (Page 18)

ADVERTISEMENT Dealership Loss Prevention: Now More Than Ever As recent events prove, a weather-related event can wreak havoc on dealership inventory. Hurricanes Katrina, Gustav, and Ike, are devastating examples of why GMAC Insurance provides a comprehensive Loss Prevention Program. “We work proactively with dealers on loss prevention, in particular, with dealers that have flood exposure, like those in coastal areas,” explains Scott Hill, Vice President of P&C and Benefits at GMAC Insurance Dealer Products & Services. Having a robust loss prevention strategy can make the difference between continued business and going out of business. GMAC Insurance offers a comprehensive suite of products that covers a dealership’s risk management issues. The protection begins with Inventory Coverage* which insures the dealership’s , most valuable asset – new-and usedvehicles. “When a hurricane is forecast, we’ll start phoning and faxing dealers to let them know there’s a storm developing and get them started on their evacuation plans,” Hill continues. “With the GMAC Insurance Loss Prevention Plan they’ll already know how many people are needed to move all the vehicles, how many vans are needed to take people back to the dealership, or their homes, and where they will park their inventory.” Scott Preston, General Manager, Marshall Brothers Lincoln/Mercury reports, “While other insurance companies tell us to just leave ‘em there – you’re talking 6 to 8 million dollars in vehicles – GMAC Insurance pays us to move our inventory out of harms way. The others just hope and pray for the best, then come in after the fact and start mopping up. GMAC Insurance is out in front of everyone else, sending out warnings and asking us to move the inventory, trying to stop a loss from ever happening. Our relationship with GMAC Insurance is one reason why we were the only dealership, after Katrina, that had inventory on the ground.” Adding to its risk management products and services portfolio, GMAC Insurance has developed a comprehensive suite of property, casualty and surety products speciﬁcally developed for automobile dealerships that can be tailored to the individual dealership’s needs. Acting as an agent for this suite of products, GMAC Insurance can continuously monitor the market for new providers and new or enhanced product offerings to ﬁnd the coverage, terms, pricing and service that best ﬁts each dealer’s needs. Hill continues, “Our comprehensive portfolio of protection helps prevent and minimize losses on the back-end, so our dealers can sleep easy at night.” Insurance for your inventory. Insurance for your garage. Look, there’s plenty to concern yourself with running your business … securing your assets doesn’t have to be one of them. Risk Management Solutions from GMAC Insurance have you covered. That’s our policy: surrounding you with choices that help protect what’s most important. Your inventories, facilities and equipment. Our full circle of business-building solutions can be custom-tailored to your speciﬁc needs. And they’re backed by one of the most responsive, service-driven insurance providers in the world. Visit dealer.gmacinsurance.com, or call us at 877-357-8477, option 6. Nature doesn’t care about your inventory. That’s why we do. http://dealer.gmacinsurance.com

Table of Contents Feed for the Digital Edition of Automotive News - November 17, 2008

Automotive News - November 17, 2008

Automotive News - November 17, 2008 - (Page Intro) Automotive News - November 17, 2008 - (Page BB1) Automotive News - November 17, 2008 - (Page BB2) Automotive News - November 17, 2008 - (Page 1) Automotive News - November 17, 2008 - (Page 2) Automotive News - November 17, 2008 - (Page 3) Automotive News - November 17, 2008 - (Page 4) Automotive News - November 17, 2008 - (Page 5) Automotive News - November 17, 2008 - (Page 6) Automotive News - November 17, 2008 - (Page 7) Automotive News - November 17, 2008 - (Page 8) Automotive News - November 17, 2008 - (Page 9) Automotive News - November 17, 2008 - (Page 10) Automotive News - November 17, 2008 - (Page 11) Automotive News - November 17, 2008 - (Page 12) Automotive News - November 17, 2008 - (Page 13) Automotive News - November 17, 2008 - (Page 14) Automotive News - November 17, 2008 - (Page 14a) Automotive News - November 17, 2008 - (Page 14b) Automotive News - November 17, 2008 - (Page 15) Automotive News - November 17, 2008 - (Page 16) Automotive News - November 17, 2008 - (Page 17) Automotive News - November 17, 2008 - (Page 18) Automotive News - November 17, 2008 - (Page 19) Automotive News - November 17, 2008 - (Page 20) Automotive News - November 17, 2008 - (Page 21) Automotive News - November 17, 2008 - (Page 22) Automotive News - November 17, 2008 - (Page 23) Automotive News - November 17, 2008 - (Page 24) Automotive News - November 17, 2008 - (Page 25) Automotive News - November 17, 2008 - (Page 26) Automotive News - November 17, 2008 - (Page 26a) Automotive News - November 17, 2008 - (Page 26b) Automotive News - November 17, 2008 - (Page 27) Automotive News - November 17, 2008 - (Page 28) Automotive News - November 17, 2008 - (Page 29) Automotive News - November 17, 2008 - (Page 30) Automotive News - November 17, 2008 - (Page 31) Automotive News - November 17, 2008 - (Page 32) Automotive News - November 17, 2008 - (Page 33) Automotive News - November 17, 2008 - (Page 34) Automotive News - November 17, 2008 - (Page 35) Automotive News - November 17, 2008 - (Page 36) Automotive News - November 17, 2008 - (Page 37) Automotive News - November 17, 2008 - (Page 38) Automotive News - November 17, 2008 - (Page 39) Automotive News - November 17, 2008 - (Page 40) 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