The Real Deal On Coverage
Whether your dealership sells new or used vehicles, your business faces risks that are unique to only you. You work hard to make sure that the vehicles in your lot are in top condition for sale, that your clients are supported from the moment they walk in, and that your services hit the highest level of quality. From protecting the vehicles in your lot, to retaining top talent employees, your insurance needs extend beyond a basic property and liability policy.
Let’s protect what matters most to you.
Products & Coverages
Vehicles held for sale are at major risk of being damaged by hail, wind storm, and flood. Buying a vehicle is a major purchase, so it’s normal for clients to want to test drive. Dealer plates only get the vehicle on the road legally, but if you want to protect that vehicle from collision or upset while it’s being operated, you’ll need the proper insurance in place.
When most people think of insurance, they think about physical assets like their buildings and equipment. If a substantial loss occurs, like a fire burning down your building, it’s great that you have property insurance, but all that policy is going to cover is the cost to rebuild your building. What about all the income you’re losing because your business is now closed? Business interruption insurance is an absolute must when it comes to protecting your business from a significant financial loss.
General Commercial Liability
Accidents happen, and if one results in a lawsuit, the financial settlement could be hard for your business to absorb. Damage to a third party’s belongings, or causing injury to a third party, isn’t something anyone plans for when they come to work in the morning, but accidents happen. That’s why having a general commercial liability policy is essential to financially protecting your business.
Equipment Break Down
The loss of a vital piece of equipment could undoubtedly impact your ability to operate your business. This coverage was designed to protect your equipment from losses that are typically excluded under a general equipment policy. Insured items could be anything from your most complicated piece of equipment, to your phones (the life lines of your day-to-day business operations).
If your business stores sensitive client information, bank records, or any other vital information on its computer systems, then this coverage is essential. As a business owner, it’s important to be realistic about the risk cybercrime poses. To protect yourself fully, you’ll want to talk to one of our advisors who can help assess your situation and make appropriate coverage recommendations.
Connect with our team of experienced advisors so we can help analyze your risks and match you with the best protection options for your unique needs.
Most business owners agree, their employees are the lifeblood of their business, which makes the attraction, retention, and most of all the well-being of your employees a top priority. Employee group benefits are an effective way of making sure the hardworking talent you attracted not only continues to work, but continues to work for you!
Already have a plan in place? It may just be time for a review. Let our experienced team help make sure your plan is competitive and running smoothly.
Book your free review today.