A Twin Peaks Insurance Blog: consignment
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MONDAY, OCTOBER 14, 2013
RV Insurance Specialty Coverage: Consignment Coverage
Did you know most insurance policies even specialty RV insurance policies exclude coverage for your recreational vehicle when your RV is on a consignment lot?
The primary benefits of consignment are convenience and exposure. Most consignment dealers will offer the following 5 services.
Appraise/Value your RV at Fair Market Price
Feature your RV in both print and electronic advertisements
Assist purchasers in securing RV financing
Complete payoff processing of existing liens
Accept trade-ins or paying cash for your RV
In addition to foot traffic on the lots, Placing your RV with a consignment dealer will expose your unit to potential buyers through marketing channels that would otherwise be cost prohibitive such as print advertising, direct mail, websites and email marketing.
The dealers handle the showing of the units, but who is actually responsible if something goes wrong? While we hope for the best we are here to make sure you are prepared for the worst. From fires to vandalism to falling trees and inexperienced test drivers we have you covered. Our partnerships with the industry's leading specialty rv underwriters allow us to offer these and many more exclusive programs to ensure you have the coverage you need when it counts. For more information or to add RV Insurance Consignment Coverage to your policy call us today toll free 800-507-8467.
Nationwide RV Specialist