SEMA offers insurance option

Jan. 1, 2020
The specialty Equipment Market Association (SEMA) now provides its members with an option to save money in the Specialty Equipment Insurance Alliance (SEIA), a collaboration between SEMA and Driver Alliant Insurance Services.

THE SPECIALTY Equipment Market Association (SEMA) now provides its members with an option to save money in the Specialty Equipment Insurance Alliance (SEIA), a collaboration between SEMA and Driver Alliant Insurance Services.

SEMA members can take advantage of insurance coverage and risk management solutions to the specialty-equipment industry at the lowest possible cost. SEIA pairs member companies with automotive insurance risk specialists to aggregate the knowledge and buying power for the association's members. Some have recorded four- and five-digit savings, according to SEMA.

SEIA's products include property and casualty insurance, as well as employee benefits coverage.

"We have experienced a significant savings in the thousands," says Lisa Chissus, president of Flex-a-Lite Consolidated and Motorsports Parts Manufacturers Council (MPMC) chairwoman. "I was speaking to our distributor, and he was telling me that his savings are more than in the 50s."

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