Auto and Truck Dealer Insurance

Protection for your vehicles from damage, theft, and other risks while on your lot. This coverage is crucial for dealerships with significant capital tied up in inventory, providing peace of mind against unforeseen events like hailstorms or vandalism. Policies can be tailored to cover a range of vehicles, from standard passenger cars to specialized commercial trucks, and can include options for new, used, and consigned vehicles.

Shields against claims related to operations, including customer injuries on-premises or issues arising from vehicle sales. This insurance is essential for managing the risk of lawsuits that could arise from accidents occurring on your property, such as slips and falls, or disputes over vehicle conditions and warranties. It can also extend to cover operations like test drives, offering protection in case a customer or employee is involved in an accident while in a dealership vehicle.

Safeguards your showroom, service centers, and other physical assets against damage. Beyond covering the structures themselves, this insurance can also protect the contents within, including office equipment, tools, and customer property left for service. Policies can be customized to include specific risks relevant to the location and operations of the dealership, such as flood, earthquake, or business interruption coverages.

Protects against digital threats and data breaches affecting your business operations. In an age where dealerships increasingly rely on digital tools for sales, inventory management, and customer relations, this coverage is critical for mitigating the financial and reputational risks of cyber incidents. It can cover a variety of expenses, including notification costs, credit monitoring services for affected customers, and legal fees related to data breach lawsuits.

Covers your employees in case of job-related injuries or illnesses. This is a statutory requirement in most states, ensuring that workers receive medical care and compensation for a portion of their lost wages due to work-related injuries. For auto and truck dealers, where employees may work with heavy machinery or perform physically demanding tasks, this coverage is crucial for financial stability and compliance with labor laws.