Most vehicle dealers maintain substantial valuable inventory on their premises, correct? Physical damage or destruction to automobiles on your property can result in significant financial losses. That's where automotive dealership insurance becomes essential. This protection typically combines various insurance solutions—including general liability, property coverage, and operational interruption protection—designed to safeguard vehicle dealers.

- Pre-owned Vehicle Dealerships
- Motorcycle Retailers
- Second-hand car and truck dealers
- Recreational Vehicle Retailers
- Marine Dealerships
- Trailer Retailers
- Automotive Service Centers
- Agricultural Equipment Dealers
- Vehicle rental operations
- Any business maintaining a vehicle fleet should investigate this coverage for their operation.

For effective risk management, these represent insurance solutions automotive dealers should evaluate for business protection.

General liability coverage serves as the fundamental policy every dealership requires as basic business protection. General liability protection addresses claims involving third-party injuries, third-party property damage, defamation, and intellectual property violations. It covers essential medical expenses, repair or replacement of damaged assets, plus legal costs and settlements.

A commercial building insurance policy helps address repairing physical damage to your facility and replacing contents when damaged by fire, certain natural catastrophes, theft, or vandalism.Harper Insurance ensures your daycare liability policies include these critical coverages that are often overlooked:

When your automotive dealership and vehicles on your lot sustain significant damage from storms, fires, or other incidents, operational interruption insurance helps offset expenses by covering lost revenue, employee compensation, taxes, operating costs, and additional expenses. This protection often gets called business income and extra expense coverage.

A Business Protection Package (BPP) typically combines general liability, commercial property, and sometimes operational interruption insurance. It's usually offered at more economical pricing than purchasing individual coverages separately. Depending on the insurance provider, they may bundle additional industry-specific protections under the same policy.

You must protect your monetary investment in vehicles on your lot. Commercial vehicle insurance addresses this need. It encompasses personal injury protection, collision coverage, comprehensive protection, and can include supplementary endorsements to protect you and staff during accidents.

When employing automotive technicians, sales staff, office personnel, and other employees—you require employee compensation insurance. This coverage helps pay medical expenses and lost income when employees suffer job-related injuries or illnesses. Most states legally mandate this coverage when hiring specific employee numbers. Verify your state requirements and secure necessary protection.

When you or business employees face accusations of professional negligence or judgment errors causing customer harm, legal liability may result. Professional Liability Insurance (sometimes called Errors & Omissions Coverage) provides protection for you and your business against such claims. Consult with an agent about your services to determine if this liability protection suits your business needs.

Workplace Practices Liability Coverage (WPLC) becomes necessary should employees sue your company or you personally for discrimination, harassment, improper termination, contract violations, etc. With this protection, your insurance provider supplies legal representation and covers attorney fees plus settlements.

Open Lot Coverage: When your automotive dealership stores vehicles primarily in open areas, numerous inherent risks exist. This policy addition can include comprehensive protection for damage from lightning, storms, hail, floods, fires, explosions, and vandalism.
Workshop Liability Coverage: When operating an automotive service center at your dealership, consider workshop liability (which may bundle with certain policies).
Customer Vehicle Protection: For automotive service operations, this addresses associated repair costs when customer vehicles suffer damage on your premises while under your care.

We consistently recommend consulting experienced insurance representatives to help identify business risks and determine appropriate insurance solutions.

Since costs vary significantly, most insurance companies avoid listing standard pricing online. Some variables they consider include:
- Vehicle quantity on your lot
- Price range of vehicles you sell
- Employee count
- Whether you provide automotive repair services
- Commercial property age and size

These represent just some factors under consideration. For comprehensive cost analysis, speak with a Harper agent today.

Our goal at Harper Insurance is to help you find great commercial insurance quote(s) for your daycare business. As experienced insurance brokers, we work with multiple carriers to find you the best coverage at competitive rates. To get a competitive quote, visit harperinsure.com or give us a call.