Started in 2009, the Barrett-Jackson Endorsed Insurance Program continues to provide outstanding property and casualty insurance for the collector lifestyle. The program not only provides excellent coverage and insurance advice for classics, customs, muscle cars and late-model exotics but daily drivers, homes, watercraft, aircraft, motorhomes, jewelry and high umbrella liability as well. The program represents many different insurance carriers to meet the individual needs of each client.
The exclusive servicing agent, BridgePoint Risk Management (formerly TDC Risk Management) listened to Barrett-Jackson CEO Craig Jackson and President Steve Davis when they requested the program strive for the best in class service, best in class advice, best in class pricing and best in class claims experience for their clients.
“For me and my family, it just made sense to bring all our assets under one umbrella with personalized attention,” says Craig Jackson. “It not only lowered our premiums, but maximized the coverage we received.”
AIG Private Client Group has been the primary carrier supporting the Barrett-Jackson Endorsed Insurance Program from the very beginning. The AIG collector car policy includes up to 150% Agreed Value at the time of a total loss, meaning market appreciation will be considered. Diminished Value is also included, which takes into consideration market depreciation after a partial loss if the vehicle losses value. Unlimited roadside and towing, automatic 90-day coverage for physical damage/30-day automatic coverage for liability, your choice of repair facility, first right to buy back the salvage and worldwide coverage territory round out the outstanding policy offering from AIG Private Client Group.
“Sound advice and policy coordination are key to a solid personal risk management program,” says Matt Llewellyn, Barrett-Jackson Endorsed Insurance Program Manager. Common mistakes collectors make are not matching the liability limits with their daily driver cars, choosing lower limits of uninsured/underinsured motorist, using their collector car beyond the scope allowed in their policy and not having personal umbrella that adequately protects their assets and net worth after a significant accident.
Although TDC Risk Management has rebranded to BridgePoint Risk Management, the entire team remains in place to service the thousands of clients and billions of collector car values insured. However, they are now geographically better positioned with offices in Phoenix, Scottsdale and Los Angeles, as well as Carlsbad, CA; Maumee, OH; Greenwich, CT; New York City; and Naples and Palm Beach, FL, with plans to expand.
To learn more on how you may benefit from the Barrett-Jackson Endorsed Insurance Program visit the team in the auction office or auction hall at any event, call 877-545-2522 or visit online at www.Barrett-Jackson.com/insurance.