Turbocharge Savings With Auto Dealers Garage Insurance Secrets
Key Components of Garage Insurance
Garage insurance typically includes several components tailored to the specific needs of auto dealers:
- Garage Liability Insurance: This coverage protects against bodily injury or property damage that may occur on your premises or as a result of your business operations.
- Garagekeepers Insurance: This component covers vehicles that are in your care, custody, or control, such as during servicing or storage.
- Dealers Open Lot Coverage: This protects the inventory of vehicles on your lot from risks like theft, vandalism, or weather-related damage.
By customizing these components to fit your dealership's specific needs, you can avoid overpaying for unnecessary coverage while ensuring adequate protection.