The Automotive Supplier+ policy offers suppliers insurance cover for, among other things, vehicle recalls that must be carried out due to a defective supplier part. The affected vehicle manufacturers or automotive suppliers can make recourse claims against the supplier responsible for the resulting recalls. For this reason, HDI has considerably improved the benefits of the original Automotive Supplier policy, which is still available. The following costs are now also covered:
- Travel costs, holiday and weekend surcharges for dispatched installation personnel, costs of installation supervision, costs for work equipment and additional items such as screws, nuts and gaskets
- Costs to determine whether the overall product works properly after replacement
- Costs to dispose of dismantled products
Insurance cover no longer distinguishes between obligations as a consequence of law of torts or contractual obligations. As a result, the policyholder benefits from broader coverage and a higher degree of legal security. At the same time, there are no differences in deductibles and sums insured.