For Immediate Release
V3 Launches Rental V3antage Program for Auto Rental Industry
Multi-line insurance program is led by auto rental insurance veterans Donald Barrand and Brad Stubbendieck
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.”
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.
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.