Featured Article in the NADC Defender October 2020 Newsletter If the year 2020 has taught us anything, it is that when times change, so must we–and times are certainly changing. The cost of dealership insurance is moving upward, and quickly. Without following the industry news, it may be hard to understand why. The following will …
Last year (2019) appeared to be a “mild” year from a weather perspective, but damage estimates, according to Accuweather, exceeded $22B. If Hurricane Dorian had kept its projected course and not moved further eastward, the destruction to Florida’s east coast corridor would have been devastating.
Remember the lyrics of the old Bob Dylan song… “for the times, they are a changin’”… That is certainly true today as it has been a most unusual year for all of us! Everything in our world seems to have changed… including the insurance industry. All of which affect our bank accounts and profit margins. Our …
The Insurance Industry’s Response to COVID-19 and the Impacts it has on your Dealership The global impacts of Coronavirus, COVID-19, are far-and-wide. Organizations are being forced to make significant changes to their business models and supply chains overnight. Business travel has been restricted and many service industry businesses have taken steps to have their employees …
Last-Minute Insurance Shopping We all know the consequences of ‘’last-minute shopping’’…we always end up paying too much! Shopping on the Eve of Christmas, Valentine’s Day, or any other Special Occasion rarely produces the best gift and never the lowest cost. Insurance is no different. In fact, with insurance, waiting until the “last-minute” often costs much, …
