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Daihatsu dealer insurance initiative

27th January 2009 Print
Japanese manufacturer, Daihatsu is starting the New Year with a bang by launching a new, bespoke motor trade insurance policy for its dealer network.

Motor Trade Insurance is of course mandatory, essential and costly but in these difficult trading conditions, Daihatsu, through its partner, Aston Scott Ltd, and underwritten by NIG/RBS, will provide all dealers with a beneficial, cost saving product.

During the recent trial period, seven key benefits stood out compared to existing policies, particularly on coverage and pricing:

Guaranteed premium saving of a minimum of 5% against a ‘like for like’ quotation
Partnership Security Contribution funded by the insurer up to £1,000 towards risk improvements and security enhancements
Retrospective low claim rebate up to 12.5% of annual premium at renewal
Interest free credit terms
Free of charge seasonal stock increases up to 50% during February/March and August/September
Commercial legal cover up to £500,000
Option of two-year package

During the recent trial period this facility provided an average annual saving of between 20-25% over existing premiums with more than 20 extra benefits to enhance the level of protection and cost effectiveness.

Roy Marshall, Director, After-Sales, Daihatsu Vehicle Distributors Ltd said: “We are pleased to be able to offer this initiative in these difficult times and hope that all our dealers will be in a position to take advantage of this programme in the New Year.”