There are few sights more alluring than a row of cars on a dealership lot. Each car represents an investment and a promise to their future owner. While this view is attractive for buyers, it is also a public display of your business assets, which also means greater exposure to risk.
From accidental damage and theft, to liability concerns involving customers or employees, every vehicle on display adds to the potential vulnerabilities a dealership faces daily. That is why having comprehensive dealership insurance is essential to protect not just your inventory, but your entire operation.
But what does dealership insurance actually cover? Keep reading to find out!
Operations Coverage
From test drives and service appointments, to employee responsibilities and customer interactions, a lot can happen in a single day. That is why dealership insurance is there to protect your daily operations.
This protection helps cover accidents or mishaps that occur as part of routine business, whether it is a fender bender during a test drive, a customer injury while browsing the lot, or an error made by a team member. With this coverage, you can focus on running smoothly, knowing that one mistake will not derail your success.
Liability Coverage
Even minor incidents can turn into major legal challenges. Liability coverage within a dealership insurance policy helps protect against claims related to bodily injury, property damage, or other unexpected events. It can also cover more complex situations like a customer tripping on the lot, or a misunderstanding over an ad. With this safeguard in place, you can operate with confidence, knowing that your bottom line and reputation are always protected.
Property Coverage
From showroom floors to outdoor inventory, your dealership faces constant exposure to risks like theft, vandalism, fire, and severe weather. Property coverage helps protect these valuable assets, ensuring that buildings, tools, office equipment, and vehicles remain financially protected.
Even after a major setback, this coverage helps your dealership recover quickly and keep business moving forward without missing a beat.
At Frost Insurance Agency, we serve dealership insurance to Bryan, Miller City, Defiance, Haskins, Montpelier, Otsego, OH, and the surrounding areas. We know the risks you face, and we work hard to design dealership insurance solutions that keep your business, employees, and inventory protected from the unexpected. Contact us today to get a quote and protect your dealership!