BALA CYNWYD, Pa., Feb. 5, 2014 (GLOBE NEWSWIRE) -- via PRWEB - Philadelphia Insurance Companies (PHLY) is revving the throttle on a new Franchised Motorcycle Dealership product. Franchised motorcycle dealerships will find PHLY's package policy and other coverage enhancements attractive to their unique coverage needs.
"Franchised Dealerships can take advantage of PHLY's package policy and expertise as an admitted carrier in this market," commented Adam Weisman, commercial auto underwriting manager at Philadelphia Insurance Companies. "Offering a Motorcycle Dealership product is a natural fit for us, after successfully writing Boat Dealers, Antique & Collector Car Dealers, and Commercial Auto fleets for years."
Franchised motorcycle dealerships that also sell small amounts of All Terrain Vehicles, Watercraft (including PWCs), and other power sports vehicles will be eligible. In addition to a package policy, PHLY offers a Garage & Property Enhancement endorsement tailored to the needs of the franchised motorcycle dealership.
PHLY's experience in covering dealerships includes a dedicated auto claims unit which specializes in handling motorcycle dealership claims. Free online defensive driver training and discounted background and motor vehicle record (MVR) checks are part of PHLY's Risk Management Services for this business class.
For more information on the PHLY Franchised Motorcycle Dealership product, please visit our website at http://www.PHLY.com or contact a PHLY Marketing Representative at 1-800-873-4552.
About Philadelphia Insurance
Philadelphia Insurance Companies designs, markets, and underwrites commercial property/casualty and professional liability insurance products incorporating value added coverages and services for select industries. In operation since 1962, the Company, whose commercial lines insurance subsidiaries are rated "A++" (Superior) by A.M. Best Company and "A+" for counterparty credit and financial strength by Standard & Poor's, is nationally recognized as a member of Ward's Top 50, National Underwriter's Top 100, and one of the Top 150 Workplaces in America. Policies are underwritten by Philadelphia Indemnity Insurance Company. The organization has 48 offices strategically located across the United States to provide superior service. For more information, please visit http://www.PHLY.com.
This article was originally distributed on PRWeb. For the original version including any supplementary images or video, visit http://www.prweb.com/releases/2014/02/prweb11545522.htm
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