by Guest » Fri Dec 08, 2006 01:03 pm
What types of insurance would an auto dealer have to have?
To cover liability for customers in the store, the business itself,the cars on the lot, what different types would it need?
Just guessing, Building and Personal Property, maybe Business Interuption,,or would a Commercial package policy cover all the insurance they need?
To cover liability for customers in the store, the business itself,the cars on the lot, what different types would it need?
Just guessing, Building and Personal Property, maybe Business Interuption,,or would a Commercial package policy cover all the insurance they need?
Posted: Fri Dec 08, 2006 02:44 pm Post Subject:
Not really my field (unless they already have a claim) but I'd say GL for liability through the use of the property and Garage Keepers (comp/coll and liability) to cover the use of the cars.
If they own the property they operate out of, property insurance (fire, etc)
Posted: Sat Dec 09, 2006 12:02 am Post Subject:
anyone else?
Posted: Sat Dec 09, 2006 05:02 am Post Subject: A package rather..
Why not! Look out for a package that contains the following:
Garage Liability
Dealer`s Errors and Omission coverages
Dealer`s Open Lot
Dealer`s Contents/Data Processing
Garage Keeper`s Coverage
Building and/or Leased Property
Crime Coverages
Transport Vehicles
Dealer Tags
Dealer Bonds
Worker`s Compensation
Hope that would suffice!
take care, Sasha T.
Posted: Sat Dec 09, 2006 05:07 am Post Subject:
hi student,
Good to see your participation. Please use the sign up form and become a part of the community and share your knowledge and experience with the members.
Thanks,
Evan
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