Protect yourself from the risks that come with operating a used car automotive dealership by choosing auto dealer garage insurance. ALIGNED’s team of insurance experts can help you find a customized, flexible policy that meets your independent auto dealership’s needs.
What is auto dealer garage insurance?
Auto dealer garage insurance, or automotive dealership insurance for used car dealerships, is insurance designed to protect the unique set of risks that come with operating a used car dealership. For example, beyond protecting your dealership from theft, vandalism, and fires, you may also need protection against injuries or property damage that occur when an employee or prospective customer is out for a test drive and the risk that they might not return! Please note that many auto dealer garage insurance policies cover not only automotive dealers but also power sport dealers, recreational vehicle dealers, parking garages, gas stations, tire services, oil and lube shops, and motorcycle dealers. Contact an ALIGNED advocate to learn more about the policy options available to you.
What does automotive dealers insurance cover?
It is ultimately up to the policyholder to decide which coverage to purchase as part of their automotive dealers insurance policy. Typically, the following types of coverage will be available:
- Commercial general liability insurance
- Garage Auto Insurance
- Commercial property insurance
- Machinery breakdown insurance
- Business interruption insurance
- Commercial auto insurance
- Crime Insurance
- Cyber insurance
Why do I need auto dealers insurance?
If you own a used car dealership, auto body shop, or another type of automotive-related service, then you likely need auto dealers insurance to protect your business from financial losses. As we all know, a lot can go wrong at any business, especially one where valuable items like cars are involved. Property damage, medical expenses due to bodily injury, and lawsuits can be incredibly expensive. Without insurance, your business would be left to pay for these fees out of pocket. But with auto dealer garage insurance by your side, your insurance provider will help cover the cost of insured losses.