CORRECTION: Universal Casualty launches independent car dealership partnership with NIADA
updated: August 22, 2022 6:11 PM EDT
JERICHO, NY, Aug. 22, 2022 (Newswire.com) –
Universal Casualty is proud to announce its partnership with NIADA; the National Association of Independent Automobile Dealers. NIADA was founded in 1946 and serves as the representative body for more than 38,000 used vehicle dealers in the United States.
By partnering with Universal Causality, an insurance company that specializes in serving independent car dealerships, NIADA members are now eligible for market-exclusive premiums.
Tim Derham, CEO of Universal Casualty, is excited about the opportunity to work with NIADA, saying, “We hope to save NIADA members a lot of money and understand their very specific coverage needs.”
Gary Bolan, Director of Underwriting at Universal Casualty, adds, “The partnership is a symbiosis of our organization’s shared goals.
The partnership is 100% dedicated to independent automotive shop owners, with hassle-free tailored solutions. By removing the broker, specializing our service, and partnering with a major organization like NIADA, Universal Causality has reduced premium costs with increased customer service capabilities for independent car dealerships through this bundle.
Bob Voltmann, CEO of NIADA, says he “is very excited to work together to explore the opportunity for industrial products that better protect our member companies.”
Paula Frendel, Executive Director of NYIADA, added that she “is excited to expand our partnership nationwide to meet members’ insurance needs.” Services available under this offering include General Liability, Workers’ Compensation, Professional Liability, Commercial Automobile, Tools/Equipment, Commercial Property and Business Owners Policy.
About Universal Casualty:
Universal Casualty Risk Retention was founded in 2017 to serve the automotive service industry. They have a dedicated loss control department that has over 40 years of experience handling dealer claims and is licensed as a Risk Retention Group by the State of Oklahoma for insurance underwriting responsibility in all 50 states. It is a captive association and policyholders are required to join the association (included in the policy premium) in order to benefit from our rates. Universal Casualty’s goal is to provide the best rates and programs for everyone. They adapt rates, deductibles and coverage and pay particular attention to good loss control.
Source: Universal Casualty