Auto Dealer Insurance

Auto Dealer Insurance Provided By Our Agency

Between managing inventory, maintaining workplace safety and delivering superior customer service, running your business can be demanding. You need solutions that can keep up with your growing business needs, freeing you to focus on your customers’ needs.

Automobile Dealer garage insurance

Nearly every state in the country requires motor vehicle dealers to carry dealer insurance. Before you may receive a dealer license, many states want documentation of your dealer insurance policy. You will most likely need to purchase a "Dealer Garage Insurance Policy." Your dealer garage insurance policy will offer protection as you transport your automobiles to and from the auctions. Additionally, it will safeguard your clients when they test drive your cars, as well as you if someone breaks their leg on your lot. Because it covers your "garage" and the surrounding surroundings, the coverage is known as a garage policy. You may have a policy on another business you own, but you must have a dealer garage insurance policy that covers customers driving your demos.

Some states only require you to hold a basic liability dealer garage insurance policy, and others will require you to carry a minimum amount of comprehensive coverage. Check with your state dealer license bureau to ensure you meet your state minimum requirements.

Who is Auto Dealer Insurance for?

Motor Vehicle Dealerships
Trailer Dealerships
Truck Dealerships

What does Auto Dealer Insurance cover?

We'll work with you to learn about your business and help you identify the coverages that make sense for your situation. To begin, we encourage auto dealers to consider the following coverages:

General liability
Auto liability
Building insurance
Business income loss coverage
Crime coverage
Employee theft coverage
Cyber liability coverage
Workers' compensation
Umbrella liability
Products coverage
Dealers' errors and omissions (E&O)
Employment practices liability
Pollution coverage

How much does Auto Dealer Insurance cost?

Business insurance for auto and truck dealerships is designed to protect your business, employees, and inventory. The cost for commercial auto dealer insurance will depend upon the size of your dealership and the state you are located in, the specific risks you are exposed to, and the coverage amounts and deductibles you choose. Often, by bundling different auto dealer insurance coverage types, you can save on costs.

We can help review your risks and provide auto dealer insurance program costs for coverage that would best protect your business. Talk to us today to know more.

Already have Auto Dealer Insurance?

Switching is easy! It might be time to switch insurers whenever the service that your existing insurer provides doesn’t meet your needs. For example, if you have a poor claims experience or an unexplained rate increase, it might be time to consider other options

If you cancel a previous policy before a new policy is effective, you could run into some serious financial problems.