Garage liability provides protection for bodily injury and property damage claims for which your dealership is held liable. Garage Liability is the foundation of any automobile dealer's insurance program. Structured as a hybrid of automobile liability and premises liability, this essential protection is normally required by DMV to comply with license requirements.
Physical Damage coverage insures a dealer for loss to their vehicle inventory caused perils such as collision, theft, vandalism, fire and weather. Also known as Dealer's Open Lot Coverage, Dealer's Blanket or Floor Plan Insurance, this coverage is often required by lenders and floor planners under the terms of their contracts. Worker's Compensation coverage provides wage replacement and medical benefits to employees injured in the course of employment.
While requirements for purchasing coverage vary from state to state, any business with employees should consider this valuable insurance. Most states require Motor Vehicle Dealers to post a surety bond prior to obtaining their dealer's license.
Physical Damage coverage insures a dealer for loss to their vehicle inventory caused perils such as collision, theft, vandalism, fire and weather. Also known as Dealer's Open Lot Coverage, Dealer's Blanket or Floor Plan Insurance, this coverage is often required by lenders and floor planners under the terms of their contracts. Worker's Compensation coverage provides wage replacement and medical benefits to employees injured in the course of employment.
While requirements for purchasing coverage vary from state to state, any business with employees should consider this valuable insurance. Most states require Motor Vehicle Dealers to post a surety bond prior to obtaining their dealer's license.
Services
Dealers Insurance Services is an insurance sales and risk management organization focused on the needs of those in the automotive industry.
We strive to constantly develop cutting edge technology to be able to deliver these products and services in the most efficient manner possible while never forgetting the three principals of our mission, to provide the protection our clients need, the service they require and the loyalty they deserve.
Dealer's Insurance Services is, has been and promises to always be a dealer's "best friend in the business".
We strive to constantly develop cutting edge technology to be able to deliver these products and services in the most efficient manner possible while never forgetting the three principals of our mission, to provide the protection our clients need, the service they require and the loyalty they deserve.
Dealer's Insurance Services is, has been and promises to always be a dealer's "best friend in the business".
Unlike "Direct Writers", whose agents may only sell the products of one company, as an independent agency, we are free to offer Dealers competitive insurance products and services from a wide range of companies.
We carefully select the companies we represent and are able to offer competitively priced products from a wide variety of "A" rated insurance companies for virtually all of a auto Dealers insurance needs.
We understand the Garage Liability, Workers' Compensation and Employee Benefits insurance that all Dealers need to protect their Dealerships and their employees.
We carefully select the companies we represent and are able to offer competitively priced products from a wide variety of "A" rated insurance companies for virtually all of a auto Dealers insurance needs.
We understand the Garage Liability, Workers' Compensation and Employee Benefits insurance that all Dealers need to protect their Dealerships and their employees.
Since the dawn of time man has trusted their canine friends for their loyalty, protection and service.
This relationship has always given them the title "man's best friend".
When we sat down several years back to discuss our mission statement and create a logo, the similarities between who we want to be as a company and the attributes of our canine partners became clearly evident.
The direction of the mission statement and logo were easily followed from that realization.
This relationship has always given them the title "man's best friend".
When we sat down several years back to discuss our mission statement and create a logo, the similarities between who we want to be as a company and the attributes of our canine partners became clearly evident.
The direction of the mission statement and logo were easily followed from that realization.
We recognize the importance of having the proper level of liability and property insurance protection for your dealership.
We represent carriers with whom we have direct appointments and we maintain relationships with other Garage Liability Insurance carriers so that we can often provide multiple sources to quote this important coverage.
The Garage Coverage Form is designed to provide both general liability and automobile liability coverages in one form for insureds who operate a garage.
While the CGL has become broader, the Garage form's liability coverage has not been expanded.
We represent carriers with whom we have direct appointments and we maintain relationships with other Garage Liability Insurance carriers so that we can often provide multiple sources to quote this important coverage.
The Garage Coverage Form is designed to provide both general liability and automobile liability coverages in one form for insureds who operate a garage.
While the CGL has become broader, the Garage form's liability coverage has not been expanded.
This coverage typically provides protection for owned autos, motorcycles, trucks and trailers owned by the dealership and held for sale.
In most cases, the coverage extends to other "land motor vehicles" like golf carts, scooters and construction equipment.
It can be extended to cover other vehicles on a dealer's lot that may be under a floor plan or on consignment.
The classes of vehicles to be covered will be notated within the policy declarations.
It is important that a dealer review their policy to determine what vehicles are covered.
In most cases, the coverage extends to other "land motor vehicles" like golf carts, scooters and construction equipment.
It can be extended to cover other vehicles on a dealer's lot that may be under a floor plan or on consignment.
The classes of vehicles to be covered will be notated within the policy declarations.
It is important that a dealer review their policy to determine what vehicles are covered.
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