Risk Theory launches Dealer Transit to address vehicle theft

Specialty lines insurance manager Risk Theory launched Dealer Transit , a logistics solution combining insured transport with a technology-enabled platform to help dealerships reduce vehicle theft during transit.

Backed by underwriting platform Risk Point , the offering includes expanded theft protection, a $0 deductible for total theft losses, no impact to loss runs, and no additional cost for participating policyholders.

“Dealer Transit represents a proactive solution to a growing industry problem. By integrating insured transit protections with a vetted vehicle transportation platform, we’re giving dealerships a safer and more predictable way to move inventory while reducing exposure to theft losses.” – Nanci Valdez, Executive Vice President – Underwriting.

“Dealer Transit is designed to make the safer choice the easiest choice. Dealers maintain the same pricing structure while gaining stronger protection and a vetted transportation process.” – Brandon Vernon, Vice President of Transportation at Dealer Transit.