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You are here: Home / Agency Perpetuations, Valuations & Sales / Agency Mergers & Acquisitions / DealerPolicy Insurance Acquires Granite State Independent Insurance

DealerPolicy Insurance Acquires Granite State Independent Insurance

December 22, 2020 by AC Editor

The buyer and seller are independent insurance agencies based in Vermont and New Hampshire, respectively


DealerPolicy Insurance Agency, of Williston, VT has announced its purchase of the Granite State Independent Insurance of Tilton, NH. The deal, announced on December 21, 2020, will see the Granite State Independent Insurance agency cease its operations on completion of the deal. According to the terms of the transaction, all of the agency’s former personal and commercial insurance customers will be serviced by DealerPolicy Insurance Agency and their commercial insurance arm, Winooski Insurance.

Part of the AutoServ family of businesses in Tilton, NH, Granite State Independent Insurance is owned and operated by the Gaudet Family. The AutoServ family of businesses has been operating Lakes Region of New Hampshire for over 30 years.

“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.” said Dennis Gaudet, owner of Granite State Independent Insurance. “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. We are happy to entrust our wonderful customers to their team.”

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

Earlier this year DealerPolicy teamed up with J.D. Power

Based in Vermont, DealerPolicy is a leading auto insurance marketplace for automotive retailers. In addition to developing its online platform, for automotive retailers, the company has the DealerPolicy Insurance Agency, an independent insurance agency licensed in every state except Hawaii and Alaska. The full-service personal lines agency offers everything from auto and home, to RV, motorcycle, as well as personal umbrella and earthquake insurance. creating the ability of its online platform to capture new insurance clients at the point of sale.

Dealer Policy Slider

For those interested in revisiting our May 2020 article, it is entitled, “DealerPolicy Teams & J.D. Power Partner To Create Personalized Auto Insurance Quotes To Car Buyers.”


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