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    TrueGuardInsurance
    (336) 600-5005GET A QUOTE
    Commercial truck dealership open lot with inventory
    Dealer Floorplan and Open Lot

    Commercial Franchise and Independent Dealer Program

    Advanced floorplan, open lot, and contingent physical damage coverage for truck and equipment dealerships carrying financed or high-value inventory.

    AM Best Rated Carrier A+ XV - Admitted Paper
    Game-Changing Advantage

    The Daily Rate Option: Pay Only For Your True Exposure

    Stop overpaying for static inventory insurance. Our exclusive Daily Rate plan is based directly on your floor plan lender statement. You only pay for the exact units you carry—day by day—maximizing your cash flow and protecting your bottom line.

    What This Program Is Built For

    This coverage is designed specifically for:

    • Franchise truck dealerships
    • Independent truck dealers
    • Heavy equipment dealerships
    • Construction equipment dealers
    • Wholesale and resale inventory operations
    • Floorplan-financed dealer lots

    If you carry inventory exposure - on your lot, in transit, or under financing - this program is built for you.

    Why This Coverage Matters

    Dealer inventory risk is not static.

    Your exposure changes daily:

    Units move between auctions, lots, and buyers
    Inventory is exposed to weather, theft, and transit damage
    Financing structures require strict lender compliance
    A single catastrophic event can impact cash flow and credit lines

    This program is designed to protect both:

    • 👉Your physical inventory
    • 👉Your financial structure tied to that inventory

    Comprehensive Protection

    Coverages Include

    A robust physical damage and liability suite designed for the unique exposures of commercial dealerships.

    All-risk physical damage coverage
    Daily rate plan available (based on floor plan lender statement)
    Property temporarily located elsewhere - $1,000,000 limit of insurance
    Transit coverage - $1,000,000 limit of insurance
    Any one item limit - $1,000,000
    False pretense coverage - $500,000 per dealer location
    Impending damage, economic loss, and spot delivery coverage
    Aggregate CAT deductibles for hail, tornado, wind, and flood
    Bailment lease and consignment equipment coverage
    Contingent physical damage for leased/rented equipment to others
    No monthly reporting required (where applicable)
    Pollution due to upset or overturn - $10,000 limit of insurance
    Claims reimbursement to dealer at 100% for parts and labor
    Flexible inventory reporting and payment options

    Common Losses This Program Protects Against

    Hailstorm damaging multiple units on a dealer lot
    Fire or theft impacting financed inventory
    Transit damage during auction pickup or delivery
    False pretense losses during spot delivery
    Equipment leased or rented and damaged off-site
    Inventory temporarily stored at another location

    Why TrueGuard Insurance?

    We do not place generic lot policies. We structure dealer-specific floorplan risk programs that align with how your inventory actually operates.

    That means:

    Coverage aligned to lender requirementsProtection for inventory in transit, storage, or consignmentFlexibility for franchise and independent dealer structuresFast certificate and compliance turnaroundAccess to A-rated admitted markets

    Get Covered The Right Way

    Whether you operate a franchise dealership or an independent lot, your floorplan insurance should match both your lender requirements and your real-world exposure.

    REQUEST FLOORPLAN AND OPEN LOT OPTIONS

    We will structure a program aligned to your inventory mix, financing, and operational flow.