Dealers garage liability coverage Includes auto liability & premises liability.
Auto liability is provided to customers who are test driving the dealerships vehicles. This coverage would also cover employees who test drive with the consumer, pickup parts, run errands and driving to take care of other dealership operational duties.
Premises liability insures your dealership against customers getting hurt on your physical premises.
Both of the premiums are determined by a few factors; the county of the physical dealership, liability limits, radius of dealership operations, total number of dealership employees and the exact number of owners/shareholders that going to be furnished with vehicle demos.
Key questions we see regarding these coverages:
- When are the employees covered and when are they not? (ie: scope would be an employee delivering a car to a customer after hours).
Answer: Employees are only covered during actual business hours OR in the scope of their duties
2. Are the owners/shareholders covered 24 hours a day for the demos they drive?
Answer: Furnished drivers are covered 24hrs per day.
3. Are customers covered if they have the vehicles overnight?
Answer: No, it’s important that know over night coverage are the customer liability, most dealers get a signed overnight demo agreement and copy of the customers insurance ID card.
4. Are vehicles covered that I loan out to friends, family or employees?
Answer: There is no coverage under the garage liability coverage.
5. Does my garage liability coverage protect against employees getting hurt?
Answer: Employees are covered under workers comp policy, which is a separate policy
6. If a customer slips and falls on the dealers premises will my garage liability cover it?
Answer: Yes, the premises liability coverage protects against these types of accidences.
7. Can the premises be extended to cover the landlord or additional insured.
Answer: Yes, please let us know who you want to extend the coverage to and we can handle it.
Complete Auto Dealers Insurance Coverage Solutions
- Garage Liability
- Dealers Bonds
- Umbrellas Policies
- Dealers Open Lot
- Directors & Officers Coverage
- Broad Dealer Errors & Omissions coverage
- Employee Theft and Crime coverage
- Corporate Identity Theft
- Employment Practices Liability
We have the top insurance carriers in the world to provide your dealership the most comprehensive Coverage Solutions ™ in the industry. Call us today 800-460-7601 (toll free)