Car Dealers Insurance
From a ‘one-man-band’ used car salesman trading from a home address to a sparkly new showroom, if you buy and sell cars, you need to ensure that you have the correct car dealers insurance cover in place. We can even arrange competitive Car Dealer Insurance from home. Get a quote now!
What is Car Dealers Insurance?
Car dealers insurance, also known as car dealership insurance or motor dealer insurance, is designed to protect auto dealers when they sell new or second-hand cars. Car dealers insurance is a type of auto trader insurance that includes special provisions for car stock, tools and equipment, machinery, dealer premises and other risk factors likely to influence car dealerships.
Car dealerships can easily get caught out by a lack of insurance or significant gaps in coverage. While typical motor trade policies provide a number of coverage options, motor dealers require an extra level of protection that has been tailored to their business model. For example, dealerships need to protect their car stock from loss or damage, and their customers and employees from liability. This is why a specialist dealership insurance policy is most suitable.
Allowing customers to test-drive cars is a crucial part of day-to-day operations for a car dealership, with accompanied demonstration coverage also needed. Depending on the business in question, it may also make sense to take out car in transit cover, loss of income insurance, and other measures that protect you and your customers. To ensure protection, it’s important to speak with an insurance broker and take out a dedicated car dealers insurance policy.
Who needs Car Dealers Insurance?
Motor dealer insurance is recommended for any commercial business that is involved in the sale of new or second-hand cars. Whether you’re selling a few cars on a part-time basis or operating a fully-fledged dealership with hundreds of cars, it’s essential to get the coverage that your business deserves. Dealership insurance needs to be flexible, affordable, and able to protect you against all possible contingencies. We can also offer great rates for Car Dealer at Home Insurance.
1st Choice Insurance provides a range of coverage options for car dealerships across the UK, with individual traders able to tailor contracts to meet their needs. Typical Car Dealers Insurance coverage options include business premises insurance, car stock protection, road risk cover, tools and equipment insurance, public liability, employers’ liability, loss of income insurance, accompanied demonstration insurance and much more.
Benefits of Car Dealers Insurance
Insurance for dealerships is a crucial part of running a successful business. While you can always take out individual insurance contracts, this way of working can be expensive, complex, and highly risky. Dedicated car dealer insurance combines a range of protections under a single umbrella, which makes it easier for you to get insured than ever before. Here at 1st Choice Insurance, we provide a range of car sales insurance coverage options to meet the demands of dealerships across the UK.