Save a ton while protecting your business to the max –
Often Southeast can save dealers thousands of dollars on their annual premium, and most dealers that use Southeast for their insurance needs have noticed savings in the five figures range.
Open Lot Insurance
We offer comprehensive coverage for the serious exposures, natural and manmade, that could decimate your business. Here’s what we cover:
- Comprehensive: Coverage for any causes of loss except collision with another object or overturn.
- Specified Causes: Coverage caused by fire, lightning, explosion, theft, windstorm, hail, earthquake, flood, mischief, vandalism, or the sinking, burning or derailments of any conveyance transporting covered vehicles.
- Fire and Theft: Coverage to a covered RV or its equipment caused by fire, lightning, explosion or theft.
- Collision: Coverage for loss or damage caused by its collision with another object or overturn.
- False Pretense: Coverage for voluntarily parting with covered vehicles (loss) by trick or scheme. For instance, allowing an unaccompanied test drive; driver does not come back—this is a false pretense claim. Most policies exclude false pretense and you have to ‘buy back’ this coverage.
- In-transit: Coverage for vehicles off premises—an auto auction, repair facility, etc.
Other Business Insurance
Southeast also offers a wide range of other insurance for your dealership:
- Property Insurance: covers the building or buildings and contents of your business. You can also cover outdoor signs, crime coverage, property of others, glass coverage, etc., depending on the needs of your business.
- Liability Coverage: covers what you could be obligated to pay due to bodily injury or property damage to others. If you do not own your building, your landlord normally would need to be added as an additional insured on the policy in order to protect them. Liability insurance covers the premises and operations of the insured, as well as products and completed operations.
- Commercial Auto: is similar to personal auto coverage but is intended for vehicles used in the course of business. For example, if an employee is making a delivery and backs up and dents another vehicle in a parking lot. The property damage portion of the policy would pay for the damages to the other vehicle.
- Workers Compensation: protects your employees if they suffer job-related injuries. The policy pays the medical bills for the employee who is injured on the job. If there is time off from work due to that injury, the insurance pays disability income to the injured worker.
- Key Man: protects key individuals in your business. If you are operating with a business loan, your banker may require "key man" insurance (or life insurance) as a way for the bank to get its money back if you are incapacitated in some way. Sole proprietors generally don't carry key man insurance; however, a partnership may have key man insurance. Or you might want key man insurance is if you employ a sales person who generates 80 percent of all your revenues. If that person is incapacitated, it may take you a few months to replace that person. Key man insurance would cover the difference in the revenue you produce until the person can return to the job or is replaced.
You may have other business insurance needs as well, and Southeast can likely cover those, too. Plus we can even write a binder insurance policy for your customers.
Call for a quote on Open Lot Insurance for your RV business and save today.
Contact Southeast Financial toll free at 866.900.8949
Our business hours are: 8:30-5:00PM Central Time M-F
Or Email us
Home 
