Insurance Coverage for Physical Damage
When exploring affordable insurance for auto dealers, you could find coverage for your inventory in an outdoor parking lot. Such a plan provides protection against damage that’s caused by collisions involving other motorists at your dealership, including customers and other business partners. Similarly, the cars that are listed for sale or lease will be protected against damage that’s done by natural events, such as lightning, hail, sleet, and other extreme weather. When you buy affordable insurance for auto dealers, you should provide an accurate estimate of all assets that are held at your parking lot or other storage areas. If you’d like to reduce the premiums and rates on the insurance plan, you can install advanced security systems at your dealership. For example, video surveillance systems will expedite any investigations and claims that are done by your insurance agency. You can also install access-control systems, fencing and other physical barriers to prevent vandalism and theft at your car dealership.
Auto Garage Liability
As an auto dealership operating a repair shop, you should purchase some type of insurance plan for garage liability. Such an insurance policy protects you against lawsuits involving bodily injury to mechanics and other employees at the service department. When you buy garage liability affordable insurance for auto dealers, you will also receive coverage on physical damage to any equipment and tools used for repairs. For example, hydraulic lifts and other large machines could be heavily damaged from overloading and improper operation. To know more please visit the website of Auto Dealership Insurance today.
