Auto Dealers Insurance

Most dealer programs are assembled from the following parts. Which ones you need depends on whether you sell, service, store, or finance.

• Garage liability: The dealer equivalent of general liability plus commercial auto. Covers bodily injury and property damage arising from your premises, your operations, and the vehicles you own — including test drives, dealer plates, and demos.
• Dealers open lot: Physical damage to inventory you own: hail, wind, flood, fire, theft, vandalism, and collision. Written on a reporting or blanket basis so the limit follows your inventory value as it rises and falls.
• Garagekeepers legal liability: Damage to customer vehicles while in your possession — in the service lane, on the wash rack, awaiting parts, or parked overnight. Available on legal liability, direct primary, or direct excess terms.
• Errors, omissions and false pledge: Claims from the paperwork side of the deal: missed lien filings, defective titles, odometer and disclosure allegations, failure to place requested credit life or GAP coverage, and unwinds.
• Property and business interruption: Showroom, service bays, lifts, diagnostic equipment, signage, and lot improvements — plus lost income and continuing expense while the location is unusable after a covered loss.
• Workers' compensation: Medical care and lost wages for technicians, porters, detailers, and sales staff injured on the job. Rated separately for service and sales exposures in most states.
• Cyber and employment practices: Dealers hold credit applications, licenses, and Social Security numbers. Cyber liability responds to a breach or ransomware event; EPLI responds to wrongful termination, discrimination, and harassment claims.
• Umbrella and excess: Additional limit above garage liability and workers' compensation employers liability. Frequently required by franchisors and floor plan lenders, and the practical answer to a serious test-drive verdict.