TIA partners with Federated Insurance for property and casualty coverage, other services

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Federated Insurance and the Tire Industry Association (TIA) have signed an agreement to offer TIA members property and casualty policies, risk management resources and life and disability services.

Members will have access to personal service from a Federated representative, including a no-obligation Right Report, which is a tool used to analyze your exposures and business needs. Part of this review also includes a discussion regarding business succession and access to a network of independent specialized estate planning lawyers when necessary.

“While no tire dealer spends much time thinking about fires, natural disasters and other similar events, the fact of the matter is that these things do occur, and thus it’s important that every tire dealer makes sure he or she has the right level of insurance coverage,” says TIA Executive Vice President Roy Littlefield.

“Federated will make sure that our members receive proper coverage at a competitive price,” he points out. “Given the current economy, we encourage all our members to contact Federated and get an ‘insurance check-up.’ They will probably be pleasantly surprised at how much they might save; TIA is excited about our new partnership.”

The carrier is rated A+ (Superior) by the A.M. Best Co., an insurance rating authority. In business for more than 100 years, Federated, based in Owatonna, Minn., specializes in creating tailored products and services for the tire industry; its Trac Pac program “was designed for tire dealers by tire dealers.”

“Federated Insurance is proud to be recommended by TIA,” says Pat Cooper, first vice president and director of marketing. “TIA is the premier tire dealer association in the country, and its members are some of the ‘best of the best’ in the industry. TIA’s professionalism, culture and core values are a perfect fit with Federated.”