Issue link: http://osercommunicationsgroup.uberflip.com/i/1038161
Aftermarket Daily News Friday, November 2, 2018 8 Steer Clear of the Wrong Insurance Coverage By Franco L. Ganino, A.A.I., First Vice President The goal of your insurance program is simple: to keep you covered. But what if you made this investment only to learn that you were still on the hook? Here are three useful tips to consider. 1. Close the Gaps on Your Property In order to determine where gaps in cov- erage exist, it is best to start off by reviewing contract requirements: Buildings: Review your leases/rental agreements to determine your obliga- tions. Fire damage legal liability, (aka damage to rented premises) provides coverage for property damage due to a fire to the leased or rented premises as a result of the insured's negligence. Whereas Buildings Coverage is broader in scope as it may require the cost of repairing damage to the structure for damages caused by: fire, explosion, storms etc. and may require coverage for flood and earthquakes requiring a sepa- rate policy. Contents: Review all of your lease agreements to determine if tenant improvements are required and assess the total value needed by creating an asset schedule. Once a total value is deter- mined, ask for any coinsurance penalties to be removed and agreed value to be stated on your policy so you can ensure you will receive the entire amount stated on your policy should a major claim occur. Business Interruption: Coverage is intended to keep the business afloat after a loss. By completing a business inter- ruption worksheet, an organization is able to determine what the limit need is by assessing operating expenses, extra expense incurred post loss and lost net income. 2. Customize Your Auto Policy Make sure your business auto poli- cy covers any modifications, acces- sories or custom equipment added to your vehicle by requesting agreed value on the physical damage por- tion of your coverage. 3. Lawsuits Happen. Be Prepared. Have a plan – and adequate coverage – in place to defend your business in the event of legal action. Make sure your insurance agent is aware of the specific risks you face and has experience to understand the complexities and potential pitfalls of the litigation your organization may face. About RevPro RevPro is a national insurance program custom built by Alliant to cover the wide- ranging risks of the automotive aftermar- ket industry. For more than 25 years, RevPro has proudly serviced a broad array of industry sectors, including parts manufacturers, material suppli- ers, wholesale distributors and many others. As the endorsed insurance broker of the Specialty Equipment Market Association (SEMA), you can count on Alliant's industry experts to build a powerful and cost-effective insurance program for your business. Thanks to the important SEMA member benefits offered through the RevPro busi- ness insurance program, certain cover- ages like product liability, product recall, garage liability, garage keepers and auto are included automatically. About Alliant Alliant is the nation's largest specialty insurance brokerage firm, providing risk management, insurance and consulting services that safeguard the physical and financial health of thousands of clients throughout the United States. For more information, visit SEMA booth #20757, call 800.390.9099 or go to www.alliant.com/revpro. Dee Zee's Hex Series Side Steps Dee Zee, Inc., the Quality Truck Accessory People, has expanded the line of Steps and Running Boards with the addition of the Hex Series Side Steps. Designed with customization in mind, Dee Zee's Hex Series includes a Cab Rack, Hoop Steps and Side Rails in three color options. Dee Zee's exclusive integrated extrusion channel design allows you to adjust the position of the drop steps from front to back for customized placement. Made of extruded aluminum, the Hex Series Side Steps are available in three finishes to match the style and acces- sories of the rest of your vehicle. Offered in silver, gloss black and textured black powder coat, the extrusion stays looking new and further protected from oxida- tion. Hex Side Steps are available in three lengths to fit the length of your cab: Regular (51 inches), Extended Cab (73 inches) and Crew Cab (86 inches). The Hex Series Side Steps are sold separately from the brackets. This allows a custom fit for each vehicle using factory holes and eliminat- ing drilling to the frame. The heavy duty steel brackets (sold separately) are powder coated black for protection under the vehicle and feature Dee Zee's NRT™ (No Rust Technology) additive. It provides further protection against rust on steel products that no other company can offer. Customization doesn't stop there with the Hex Series! Add Dee Zee's Hex Series Cab Rack and Side Rails to com- plete the off-road look for any truck. They are offered in the same three colors of powder coat and offer the same great benefits with extru- sion channels to add accessories such as lights and tie down anchors (sold sepa- rately). To learn more about the variety of prod- ucts offered by Dee Zee, visit www.deezee.com, follow @deezee mfg, call 800.779.2102 or stop by SEMA booth #30039. ProLine Makes Semi Hood Removal Easy Following the success of its pickup bed removal attachment for the Lift King, ProLine Tool & Supply came out with another product that has permanently transformed fleet maintenance and the collision industry. This product is an attachment for removing semi hoods that can also be used with its existing lift. If you already own the Lift King, then all it takes is the purchase of the semi hood attachment to convert your existing bed removal lift into a tool that will be able to remove semi hoods. The conversion process is done by simply removing a couple of pins and adding the new attachment; this process is quick and easy, even for a new user. ProLine saw a need for this attach- ment and it is quickly becoming one of the company's best sellers. The fact that you will no longer need to struggle when removing hoods will offer more shop efficiency and keep the technician using the lift safely while completing this process. Another great feature of this attachment is that the semi hood can be removed with or without the grill installed. When the removal process is done, it is rec- ommended that you pur- chase one of the compa- ny's semi hood dollies to set the hood on once removed. This will allow you to move the hood throughout the shop with ease, freeing up the lift for use on the next job. Owners of high-volume service shops or collision shops will purchase multiple units to help keep each of their technicians safe and injury free while increasing efficiency. Like most shop owners, floor space is at a premium, but the lift only requires a 3-by-3 square-foot storage space when folded and not in use. The lift doesn't require electrical power and it is not hydraulic. It only requires the manual power of a technician to use it. Visit ProLine Tool & Supply at SEMA booth #16421. For more informa- tion, go to www.prolinetoolsupply.com, call 989.315.8946 or email info@proline toolsupply.com. WeatherTech Offers Quality, American-Made Aftermarket Accessories Recognized by auto enthusiasts for pro- viding the most efficient, technology driven, American-made products, WeatherTech is the top brand in aftermar- ket automotive accessories. Striving to exceed industry expectations, the compa- ny remains innovative by expanding product lines year after year to provide customers with more high-quality acces- sories to protect their vehicles, homes and pets. As an industry leading manu- facturer as well as a premium wholesale partner, WeatherTech is committed to developing the best products with a focus on quality, so customers always experi- ence the highest satisfaction. Through creativity, productivity and innovation – with an eye toward conservation, WeatherTech will continue to develop the finest automotive accessories you can purchase to protect or enhance your vehi- cle ownership experience. If you have a physical retail estab- lishment and feel WeatherTech products would be a perfect buying option for your clientele, you could profit from being a partner. WeatherTech does not just offer a product, but rather a revenue stream for all of its resellers. In addition to the assortment of prod- ucts and displays resellers receive for their stores, WeatherTech offers programs to partners with its resellers to assist in driving traf- fic through their doors. Resellers are pro- vided with the essentials and continued support to utilize the reseller programs to their greatest potential in order to suc- cessfully generate an additional source of revenue for their store. WeatherTech wholesale partners benefit greatly due to the enforcement of its Unilateral MAP, reseller policy, experi- enced inside and out- side sales team, national campaigns and reseller programs. WeatherTech's philos- ophy is quite simple: build the best prod- ucts with a focus on quality first, so the customer experiences the highest satis- faction. For more information, stop by SEMA booth #31087 or go to www.weathertech wholesale.com.