Auto Dealers Insurance
Coverage That Keeps Your Dealership Running Smoothly and Securely
What Is Auto Dealers Insurance?
Auto Dealers Insurance is specialized coverage designed to protect businesses that sell, trade, service, or store vehicles. This includes new and used car dealerships, wholesale dealers, independent lots, motorcycle or RV dealers, and specialty vehicle shops.
The coverage helps protect your inventory, buildings, employees, customers, and day-to-day operations from risks like accidents, theft, property damage, liability claims, and test-drive incidents. Auto Dealers Insurance combines key protections into a comprehensive policy that fits the unique needs of the automotive sales industry.
Why Do You Need It?
Auto dealerships manage valuable inventory, constant customer traffic, and multiple moving parts—both literally and figuratively. A single accident during a test drive, a customer injury on the lot, storm damage to your vehicles, or theft of expensive inventory can result in major financial loss. Without proper coverage, these risks can threaten your profitability and business stability.
Auto Dealers Insurance protects your vehicles, your property, your staff, and your liability exposure. With this coverage in place, you can operate with confidence, knowing that your dealership is protected from unexpected events.
Types of Auto Dealers Insurance
Garage Liability Insurance – Covers accidents and injuries that occur during dealership operations, including test drives.
Garagekeepers Insurance – Protects customer vehicles left on your lot for service, trade-in evaluation, or storage.
Dealer’s Open Lot Coverage – Protects your inventory—new or used vehicles—from fire, theft, vandalism, hail, and other physical damage.
General Liability Insurance – Covers customer injuries or third-party property damage that happen on your premises.
Commercial Property Insurance – Protects your building, office, signage, tools, and business equipment from fire, theft, or vandalism.
Business Auto Insurance – Covers company-owned vehicles used for parts runs, business errands, or other dealership operations.
Errors & Omissions (E&O) – Protects against claims related to paperwork mistakes, title issues, misrepresentation, or contract errors.
Workers’ Compensation – Covers employee injuries, especially in roles involving vehicle movement, lifts, and shop areas.
Business Interruption Insurance – Helps replace lost income if your dealership must shut down temporarily due to a covered event.
Cyber Liability Insurance – Protects customer data, financing applications, and digital systems from cyberattacks or breaches.