DEALER
INVENTORY
INSURANCE PROGRAM
Renewing or Purchasing New Dealer Inventory Insurance
Sports and Non-Sports Dealers can click the buttons below for the Dealer Inventory Submission Form for Appliances & Electronics, Boats 25' and under, Lawn & Garden, Golf Carts, and Powersport.
Ineligible Inventory Types
Non-Floor Planned Inventory
Motorcycles
Automobiles
Motortrucks
Watercrafts Larger Than 25 Feet
Farm Equipment other than Kubota
Construction Equipment
Rental Facilities
Heavy Equipment
Aircrafts
RV's
Buses
The Dealer Inventory Insurance Program provides Huntington Distribution Finance Inc. (Huntington) Dealers with comprehensive coverage for floorplan inventory at a very competitive price. The Program is offered by Alera Group (formerly Alper Services) working hand-in-hand with insurance carriers rated A+ by A.M. Best.
Alera Group is the broker and administrator of insurance programs to groups such as Huntington Dealers. To participate in our inventory program, it’s required that you have a Huntington account.
Eligible Inventory Types
ATVs/UTVs
Can-Am
Spyders and Side by Sides
Lawn & Garden Dealers
Household Appliances
& Electronics Dealer
Kubota
Personal Watercraft
Boats (25 feet or less)
Boat Motors
Trailers
If you're interested in more information about a program including but not limited to Property, General Liability, Garage Keepers etc., click the appropriate inventory type name below.
Want more information?
The Dealer Team
3 Parkway North Deerfield IL 60015
Contact
HOUSEHOLD APPLIANCE & ELECTRONICS
BOATS UNDER
25 FEET
LAWN & GARDEN
POWERSPORT
Gary Kirshenbaum
VP, Director of Global Trade Risk &
Account Executive for the Dealer Programs
Gary is a Vice President, Account Executive for the Dealer Programs and the Director of the Global Trade Risk Management Division. Under his guidance, Global Trade Risk Management provides companies the ability to strategically manage their commercial trade risk, both domestic and export, as well as to mitigate political risk involving international business investments.
E: Gary.Kirshenbaum@aleragroup.com
P: 312.576.2611
Carey Urbancich
Account Manager for the Dealer Programs and Alera Group's Property & Casualty Division
Carey is the Account Manager for the Dealers Program and the Global Trade Risk Management Division at Alera Group. She provides Dealers with guidance throughout the application process and uses her expertise to answer any questions or concerns.
E: Carey.Urbancich@aleragroup.com
P: 312.335.1114
What operations are eligible for this inventory program?
- ATVs/UTVs
- Can-Am
- Spyders and Side by Sides
- Lawn & Garden Dealers
- Household Appliances & Electronics Dealer
- Kubota
- Personal Watercraft
- Boats (25 feet or less)
- Boat Motors
- Trailers
What operations are ineligible for this inventory program?
- Non-Floor Planned Inventory
- Motorcycles
- Automobiles
- Motortrucks
- Watercrafts Larger Than 25 Feet
- Farm Equipment other than Kubota
- Construction Equipment
- Rental Facilities
- Heavy Equipment
- Aircrafts
- RV's
- Buses
What operations require an additional application outside of the point and click inventory program?
- Non Floor Planned Inventory
- Motorcycles
- Automobiles
- Motortrucks
- Watercrafts other than boats (larger than 25 feet)
- Farm Equipment other than Kubota
- Construction equipment
- Rental Facilities
- Heavy Equipment
- Aircraft
- RV's
- Buses
How soon can my coverage start?
Coverage starts once payment is received and the requested start date has been approved.
How can I pay?
We accept Mastercard, Visa or Discover.
Can I insure eligible inventory other than what I finance through Huntington Distribution Finance Inc. (Huntington)?
Yes, as long as it is eligible and financed inventory, and you are a current client of Huntington or Red Iron.
Can I insure more than $1,999,999 of inventory?
Yes. Please complete the application indicating your coverage amount, and we will contact you with additional questions to determine your coverage.
Where is coverage available?
We cover the United States.
Can I insure my building and liability coverages in the program?
No, however, Alera Group can insure other coverages outside of the Dealer Inventory program. Contact Gary Kirshenbaum to learn more at gary.kirshenbaum@aleragroup.com or 312-576-2611.
What will I be paid in the event of a claim?
You will be paid the replacement cost of the equipment.
What is my deductible?
- All Flood Zone A, AE, AO, AH, A1-A30, A99-Not Covered
- Flood Zone V, V1-V30– Not Covered
- Earthquake-$2,500
- Other Covered Property Claims-$2,500
- Named Windstorm-5%, $25,000
- Theft (Sports Dealer) - $10,000
- Theft (Non-Sports Dealer) - $2,500
How do I report a claim?
Claims are to be reported to Allianz at 800.558.1606.
Can a Dealer cover other lines of equipment financed elsewhere?
Yes, as long as they are a current client of Huntington or Red Iron.
What if my exact coverage amount isn't listed on the price matrix?
You should round up to the closest amount.
What if I don't see a description that fits the inventory I finance?
Contact Gary Kirshenbaum at gary.kirshenbaum@aleragroup.com or 312.576.2611 for help.
Will the program cover used equipment if it's the same as the equipment financed by Huntington?
No, to qualify it must be floor planned.
Are my demo's covered? Are they covered if they're offsite?
Yes, as long as they are floor planned.
Can I call or email Carey Urbancich to renew coverage?
Renewal limits under $1,999,999 are completed online through the Dealer Inventory form found on the homepage. To renew limits over $1,999,999, contact Carey Urbancich at 312.335.1114 or Carey.Urbancich@aleragroup.com.
All Boat and RV renewals are handled by Carey.
Who do I call with questions on the program?
Please contact the Dealer Team:
Gary Kirshenbaum: 312.576.2611 | gary.kirshenbaum@aleragroup.com
Carey Urbancich: 312.335.1114 | carey.urbancich@aleragroup.com
FAQ Guide