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The Franchised Powersports Dealership Program has been specifically designed to provide dealerships selling powersports products with a comprehensive package policy along with options of excess and employment related practices liability. Eligible dealership operations sell products consisting of motorcycles, ATVs, snowmobiles, personal watercraft, boats, mopeds/scooters, motorized bicycles, utility vehicles and dirt/motorcross bikes, scooters, etc. Liability coverage is limited to the acceptable manufacturer brands reflected below. In addition to selling new and used motorized inventory, dealership operations can include the selling of related parts and accessories along with repair and service of the units they sell.
Eligible Operations
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American Ironhorse |
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KTM |
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Aprilia |
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Kymco |
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Arctic Cat |
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Lehman Trikes, Inc. |
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Big Bear American Made Chopper |
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Lynx |
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Big Dog |
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Moto Guzzi |
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BMW |
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Motor Trike, Inc. |
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Bombardier |
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Orange County Choppers |
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Boss Hoss |
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Piaggio |
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Bourget's Bike Works |
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Polaris |
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CanAm |
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Royal Enfield |
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Champion Side Car |
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Saxon |
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Derbi |
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SeaDoo |
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Ducati |
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Schwinn Motor Scooters |
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Gilera |
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SkiDoo |
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Ginuine Scooters |
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Sullivan's Motorcycles |
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Harley-Davidson |
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Suzuki |
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Honda |
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Thunder Mountain Motorcycles |
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Husqvarna/Cagiva USA |
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Triumph |
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Hyosung |
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Vespa |
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Kawasaki |
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Yamaha |
Ineligible for this program
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Program is available in all states with the exception of Vermont. |
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General Liability |
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Inland Marine |
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Contractual Liability |
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Not available in New Jersey |
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Personal & Advertising Injury |
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Available for your trailer and contents |
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$300,000 Damage to Premises Rented to You |
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Coverage applies while set-up or parked |
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$5,000 Medical Payments |
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$500 Minimum Premium |
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Options available include: Single Event (30 days or less), 6 Month Coverage and 12 Month Coverage |
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$1,000 Deductible (higher deductibles are available) |
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Additional Insureds at no charge |
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General Liability coverage must be purchased in conjunction with the Inland Marine |
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No limit on number of shows during the 6-month and annual coverage periods |
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Does not cover plasma or gas screens, video visual display monitors |
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No charge for Certificates of Insurance |
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All items must be insured to 100% replacement cost value |
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Discounted rates for multiple booths |
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Interest-free payment plans available. |
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Boats manufactured by Bombardier, Honda and Yamaha can be insured for liability, physical damage and includes demonstration coverage for these products. |
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Personal Watercraft coverage is limited to the acceptable mfg. brands. |
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Program available to approved manufacturer brand dealerships without motorcycle sales. |
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Audit and Reporting processes eliminated. |
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Inventory values can be rated on the prior 12 month average values. | |
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Common Associated Exposures |
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Demo rides |
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Parts & accessories sales | |
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Service & repair |
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Storage of customer units | |
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Key Underwriting/Qualifying Factors |
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$10,000 minimum account premium |
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Preliminary Underwriting Information Requirement |
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K&K application - Franshised Dealership Supplemental Application |
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Completed ACORD Applications for requested coverages |
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Four years of company loss runs, as applicable |
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Employee list with name, date of birth, license number, job title and if furnished a vehicle | |
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List of owned vehicles |
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If a new venture, a business plan and a narrative detailing management's experience (required) |
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Prior 12 month inventory values |
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Over 20 years of experienced & professional staff dedicated exclusively to servicing the Franchised Powersports Dealership Program. |
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Active participation in industry trade shows and meetings |
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Advertising presence in industry trade publications |
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Over 50 years of experience providing sports, leisure and entertainment insurance | |
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In-house underwriting, policy administration, loss control and claims services |
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K&K processes over 200,000 policy transactions and 40,000 claims annually |
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24-hour Emergency Phone service |
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Insurance carriers rated "Excellent" or higher by A.M. Best | |
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