Buying Insurance Coverage for Protecting Automotive Dealerships

by | Dec 30, 2021 | Auto Dealer

Insuring Your Car Dealership

Your automotive dealership is naturally at risk of theft, vandalism, and other common crimes. Fortunately, you could buy a special type of insurance policy to protect your entire inventory in the lot. When shopping for a car dealer insurance quote, you must provide several key details on the application. For example, the location of your auto dealership will have a major impact on the estimated premiums and deductibles for the insurance plan. A car dealer insurance quote will carefully evaluate the crime statistics in your local area in order to determine the risks. The insurance agency will evaluate data on car theft and damage in the immediate surroundings. Additionally, trespassing statistics should also be considered by an insurance company that offers plans for car dealership.

Appraisals of Your Car Inventory

A car dealer insurance quote will carefully consider the total value of your whole inventory at the dealership. Based on the market prices of your vehicles, the insurance agency will come up with an appropriate rate for monthly premiums. If your new vehicles are equipped with advanced security technologies, you will save money on the insurance coverage. You should also set up electronic surveillance and other security devices around the entire perimeter of the dealership. Additionally, you could hire private security personnel to patrol your lot in the evening and at night. On-site security solutions will deter attempted thefts and other crimes at your highly fortified property. Visit Auto Dealership Insurance now to protect your car dealership.

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