DealerPolicy Insurance acquires insurance business from Granite State Independent Insurance

Vermont-based DealerPolicy Insurance Agency has acquired the insurance business associated with New Hampshire-based Granite State Independent Insurance, for an undisclosed price.

Granite State Independent Insurance will stop its operations effective with the deal.

The company’s personal and commercial insurance customers will now be served by DealerPolicy Insurance Agency and its commercial insurance unit – Winooski Insurance.

Jeffrey Mongeon – DealerPolicy Insurance Chief Insurance Officer said: “We’ve been in the insurance business for over 35 years, serving all of New England.

“We’re an award-winning agency that continually earns recognition for our exceptional care of our customers, the way in which we use innovative technology to improve the insurance buying experience, and for our commitment to the communities we serve. I’m confident the customers joining us from the Granite State Independent team will feel they are in good hands.”

Granite State Independent Insurance is owned by the AutoServ family of businesses, which in turn is owned by the Gaudet Family.

AutoServ has been operating in the Lakes Region of New Hampshire for more than three decades.

Dennis Gaudet – Granite State Independent Insurance owner said: “Offering auto insurance to our AutoServ customers during the sales process allowed us to satisfy customers in search of a more affordable total cost of ownership.

“We look forward to evolving this added-value offering for our customers by now introducing DealerPolicy Insurance. Their team and their commitment to innovation continues to improve the independent agent channel.”