Dealer's Open Lot insurance (DOL) (also known as inventory Insurance, Dealer's Blanket, Dealer's Floor Plan Insurance or Dealer's Physical Damage Insurance) provides coverage for both new and used, motorized and non-motorized units. It protects the respective interest of the Dealers and Lenders. It is comprehensive physical damage coverage that provides payment for damage to the dealer's inventory.  Coverage is provided both on the lot and while driven.  In addition to the inventory, service vehicles and customer loaners/rentals can be included as well as consigned vehicles. 

 

Dealership must be engaged in the sale of new and/or used automobiles, RV's, motorcycles, mobile homes, trucks, truck tractors or long haul trailers. Personal use of Demos and Company Autos must be appropriately controlled.