Owning a garage dealership exposes your company to particular hazards on a daily basis. Having the appropriate insurance coverage is essential to safeguarding your livelihood, from test drives and vehicle inventories to liability issues. Insurance for garage dealers can help with that.
What is insurance for garage dealers?
A specific type of insurance intended for companies who sell, fix, or maintain automobiles is garage dealer insurance. It offers complete protection designed to meet the requirements of car dealers, such as:
Inventory protection: insurance against theft, vandalism, and natural disasters for the cars on your property.
Liability coverage safeguards your company in the event that a client or other third party is hurt on your property or while taking a test drive.
Garage keepers insurance protects against damage to clients’ cars while they are in your custody.
What Makes It Important?
Safeguards Your Resources: Your property and cars are important assets. Insurance for garage dealers protects them against unforeseen losses.
Reduces the Risk of Liability: Accidents can occur when cars are on your property or during test drives. This policy guarantees your coverage.
Compliance: Specific insurance is required for dealership operations by a number of states and lenders.
Obtain Appropriate Coverage
Each garage dealership has its own requirements. Our specialty at OKC Insurance Brokers is locating customized insurance plans that meet your company’s needs and financial constraints. Don’t let your company go unprotected; get a free quote from us right now and make sure you’re covered for everything that comes up.
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