Auto dealer insurance

When you sell and service cars, motorcycles, trucks, or RVs, you could face more risk than if you were merely driving those vehicles. Auto dealer insurance needs to reach beyond the basics to cover your business while you’re dealing with customers, transporting your products, and performing vehicle maintenance.

Get a quote

What kind of insurance do auto dealers and service providers need?

From maintaining customer relationships to maintaining vehicles, the routine tasks of auto dealers and service professionals bring along a variety of risks. Auto dealer insurance needs to cover your physical property, but also the exposures involved in transporting, storing, and servicing the machinery.

Commercial general liability (CGL):

Commercial general liability (CGL):

If a service you provide leads to bodily injury, property damage, or another type of loss to a third party, your business could be held legally liable. In these situations, a CGL policy can help cover your legal costs.

Property

Property:

Commercial property insurance can cover your workplace, plus the important equipment, devices, and accessories your business relies on. Since auto sales and repair can involve costly equipment and devices, you’ll want to protect them well with enough property coverage.

Business Interruption

Business Interruption:

Has a loss forced you to suspend business operations? Business interruption insurance can replace a source of income that’s disrupted, reduced, or completely eliminated, plus it can cover additional operating expenses that result from a covered loss.

Auto Fleet

Auto Fleet:

As the business owner, you’re generally responsible for any negligence of employees or volunteers while they’re operating vehicles on behalf of your organization. Fortunately, auto fleet liability can cover your vehicles – and your business – if something were to go wrong while your staff is behind the wheel.

Other important coverages for auto dealers and service providers include:

  • Crime
  • Cyber risk
  • Equipment breakdown
  • Business income
  • Inland marine
  • Commercial automobile
  • Garage automobile
  • Umbrella liability
  • Excess liability
  • Directors & Officers

Not sure which coverages you may need and which you may not?

We’ve made it easy for auto sellers and service providers by bundling the crucial coverages into a single policy!

When can auto dealer insurance come to your rescue?

Whether you run into trouble on the road, your computer network is breached, or your mechanic makes an error while servicing a vehicle, a sudden unexpected event can leave your business in crisis.

However, the right insurance coverages can respond to a variety of risks facing auto dealers, sellers, and service providers – like those in the following scenarios.

Errors and Omissions (E&O)

You’ll need some backup if your service falls short

Everyone makes mistakes, but when a mechanic forgets a crucial step or omits a necessary part while servicing a vehicle, you could be saddled with the costly consequences. E&O coverage can help ease the burden of expenses related to things like improper installation, defective replacement parts, or faulty repair work.

Crime

Don’t let thieves bankrupt your business

Auto dealerships and garages can be tempting targets for thieves, and a single crime can lead to a sizeable loss for the business. Crime coverage can protect against criminals who breach your defences, but also against employee dishonesty, credit card forgery, or other theft that comes from within your organization.

Cyber

Dodge digital disaster

If your computer system is hacked, could your business bounce back? Malware can make its way through a network in a flash, exposing sensitive data to cyber criminals and freezing your operations. Cyber risk coverage can help cover the costs involved in your recovery, including lost business while your systems were down (plus our Cyber Assist service can help get your business back on track in no time).

What can a broker do for me?

An insurance broker can be your greatest asset when it comes to finding the right insurance policy. A broker brings a wealth of insurance expertise, product knowledge, and personalized service to the table, working to protect your company and your peace of mind.

Northbridge believes in the power of strong partnerships. Our preferred network of reputable brokers can help craft a comprehensive policy that’s suited to your unique business.

Managing Risk

Risk management is a smart investment – and we provide it at no extra cost!

We know that the risks your auto dealership or service business faces are different than the risks affecting other service-based businesses. We also believe you can help defend against your unique set of risks with the right information and some smart guidance.

Our value-added services focus on helping you identify and mitigate the risks your business faces each day. An assessment of your management and inspection routines, shop floor, and best practice risk control measures can help uncover the inherent risks associated with the equipment you use and your work environment. In-person consultations carried out by experienced risk services professionals can leave you with the knowledge and confidence you need to protect every aspect of the business you’ve worked so hard to build.

Ready to get the right coverage for your auto sales and service business?

Request a Quote Now!

Back to Top
Northbridge Insurance

Menu Social icons