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A trend in its infancy: A few new-car dealers now offer full line of property coverage

Published: February 17, 2015

A trend in its infancy: A few new-car dealers now offer full line of property coverage, from Omaha.com.

Most of the time, buying a car and buying insurance for your car or other property are separate transactions.

But a few Midlands new-car dealers are adding a separate — but related, they say — business to their lineup of sedans, SUVs and pickups: Coverage not only for that new vehicle but for your home, boat and diamond rings as well.

It’s a trend in its infancy and so far fairly slow to catch on, said Loy Todd, president of the Nebraska New Car and Truck Dealers Association.

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“It’s something we’re seeing nationally with a handful of dealers,” Todd said. “It’s certainly not a common practice. It’s more of an experiment, as far as we can tell.”

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