LL JAN 2013 1
ASSURED WARRANTS THAT ALL STATEMENTS MADE IN THE PROPOSAL ARE TRUE, COMPLETE AND HAVE BEEN MADE TO
INDUCE UNDERWRITERS TO ACCEPT THE RISK(S) CONTAINED IN THE POLICY. ANY MISREPRESENTATION WILL VOID THE
POLICY AND FORFEIT ALL CLAIMS MADE THEREUNDER. A COPY OF THIS PROPOSAL WILL BE INCORPORATED IN THE POLICY
AND FORM THE BASIS OF THE CONTRACT BETWEEN THE UNDERWRITERS AND THE ASSURED
NOTE: THE POLICY, IF ISSUED. WILL BE SUBJECT TO LIMITS OF LIABILITY AT EACH LOCATION, A LIMIT OF ANY ONE UNIT
AND SUBJECT TO COINSURANCE
Effective Date: From ________________ to ____________________
QUESTIONS OR STATEMENTS:
New Cars Used Cars Snowmobiles/ATVs Camper Trailers Mobile Homes
Motorbikes Trucks/Tractors/Trailers/Semi-Trailers Other, Please specify _____________________________________
1. Describe Business Operations:
2. Location(s) at which Insurance applies: Location 1:_________________________________________
3. What is the Radius for Pick-up and delivery?
4. Are customers accompanied at test drives? Yes No
5. Does the insured have units which are floorplanned? Yes No
6. Any vehicle furnished for personal use? If yes, please specify:
Individual’s ______________________________
Age’s ______________________________
Driving Record ______________________________
Type and value of the vehicle ______________________________
Yes No
7. Perils required
Dealers Open Lot
Dealers Open Lot – Excl. Theft
Dealers Open Lot – Excl. Collision
Dealers Open Lot – Excl. Theft and Collision
8. How many years have you operated the business being proposed for insurance? (Include in your answer previous business of a similar nature, which may have
been operated under a different name or corporate structure stating the previous business title)
A. At the above location(s) (previous name)
________________________ ____________________________________
B. At any other location(s) (previous name)
________________________ ____________________________________
9. Nature of Location(s)
Are units stored in:
a. A closed building
b. An open lot
c. Other than above (parking lot, building with open lot or forecourt),
If so, please describe:________________________________________________________
Yes No
Yes No
Yes No
10. a) Are premises unattended at any time during the day or night? Yes No
b) Number of entrances _____________________
c) Are keys left in ignition? Yes No
If No, explain procedure of handling ______________________________
TYPE OF OWNERSHIP OF BUSINESS: (PLEASE CHECK ONE)
INDIVIDUAL
PARTNERSHIP (MARRIED COUPLE)
PARTNERSHIP (ALL OTHER)
CORPORATION
Name of applicant
Producer Code: Phone:
DBA
Name:
Address:
Address:
City:
City:
State:
Zip Code:
State:
Zip Code:
Dealers Open Lot
Lloyds of London
Phone # 888-495-4950
Fax # 888-997-9970
P.O. Box 8010
Goldsboro, NC 27533-8010