April 27, 2015 – Newtown, Pa. – V3 Insurance Partners LLC today introduced Rental V₃antage®, a new multi-line insurance program for the daily auto rental industry, including nationally franchised rental agencies and independent auto rental operators.
Rental V₃antage® is a guaranteed cost program written through an insurance carrier rated A+ by A.M. Best Company, and will be available in all states except Massachusetts and Hawaii.
“The V3 Rental V₃antage® program brings together a veteran team with deep auto rental experience and expertise,†said Don Barrand, senior vice president and transportation national practice leader for V3. “We’re pleased to bring a quality program to the market, along with specialized industry expertise in claims administration.â€Â
Barrand’s experience in the auto rental insurance industry dates back to the 1980s. He was involved in the development of the first licensee/independent operator rental association, ACTIF (Association of Car and Truck Independents and Franchisees), and was a member of its board of directors. Barrand, along with V3 vice president Brad Stubbendieck, will manage the Rental V₃antage® program.
Rental V₃antage® coverage includes Auto Liability, UM/UIM (uninsured and underinsured motorist), PIP (personal injury protection), Auto Physical Damage, General Liability, Property, Inland Marine and Crime. Liability limits up to $5M in house with higher limits available.
Insurance agents and brokers can contact Don (913-297-7468) or Brad (913-297-7469) at don.barrand@v3ins.com or brad.stubbendieck@v3ins.com.
About V3 Insurance Partners LLC
V3 Insurance Partners LLC (www.V3ins.com) is a Newtown, Pa.-based Program Administrator offering insurance programs targeted at middle market companies. Its four major practice groups are Internet Workers’ Compensation, Transportation, Professional Lines and Property/Casualty, each managed by industry leaders chosen for their talent, expertise and integrity. V3’s focus is creating value for its carrier partners, producers and insureds.
Media Contact:   ÂÂ
Gary Kimball
Kimball Communications
610-559-7585
gkimball@kimballpr.com
