Turbocharge Savings With Auto Dealers Garage Insurance Secrets
Real-World Examples and Benefits
Consider the case of a mid-sized dealership that reduced its annual premiums by 15% by switching providers and bundling its garage insurance with a business owner's policy. This dealership also invested in a state-of-the-art security system, which further decreased its risk and, consequently, its insurance costs.
According to industry data, the average cost of garage insurance can range from $1,000 to $3,000 annually, depending on factors like location, size of the dealership, and coverage limits1. By strategically managing these factors, you can achieve significant savings.