Meeting the demands of the American automobile industry creates many challenges. The weather is a major concern for your open lot inventory, as well as economic and inventory issues. Insurance is intended to mitigate much of this risk. With over sixty years of experience with auto dealers, we will design your program as your needs dictate. Our dedicated claims staff will stand by you when loss does occur to help protect your finances.
Evaluating the risks of auto dealers and body shops starts with a listing of assets. We access the open lot exposures, as well as the real and personal property. The business interruption exposures are calculated, and loss information gathered to reflect profitability. The information is sent to all the insurance companies writing auto dealers, and terms and conditions are analyzed once quotes are received. This process typically takes two months to complete.
AUTOMOBILE SPECIALIZED COVERAGES
- General Liability
- Title E&O
- Dealer’s E&O
- Business Interruption
- Open Lot coverage
- Employment Practices Liability
- Crime coverage
- Employee benefits