Car and Auto Dealers Insurance

Car Dealership Insurance Made Easy

Running a car dealership is rewarding, but it comes with its share of challenges. From storms damaging your inventory to a customer’s injury on your premises, unexpected incidents can pose significant threats to your business. With Statewide Commercial Insurance Brokers, you don’t just get insurance; you gain a partner dedicated to protecting the future of your dealership.

Our specialized insurance solutions are designed specifically for car dealerships like yours, providing coverage that gives you peace of mind and lets you focus on what you do best— selling cars and growing your business. Hear from our satisfied clients who have experienced the difference our tailored insurance solutions make.

Coverages Offered

Our team recognizes the critical need to protect your auto and car dealership when unexpected events occur, and we offer a range of insurance solutions designed to give you confidence that your assets are secure.

• Dealers Open Lot (DOL) Insurance: Provides coverage against physical damage to vehicles that are held in inventory. Vehicles parked outside dealerships are exposed to hazards such as fire, lightning, hail, theft, and vandalism. DOL addresses these risks, as well as damage from collisions or vehicle overturns, ensuring comprehensive coverage for your dealership’s autos.
• Garage Liability Insurance: This covers you against potential liability claims for injuries and property damage arising from dealership operations. It includes injuries that customers might sustain on the dealership premises or damages resulting from products installed or services provided. However, damage to a customer’s vehicle is not covered under this type of insurance; separate garagekeepers liability coverage is required for such claims.
• Garagekeepers Insurance: Protects against claims arising from damage to vehicles owned by others that are left in your care, custody, or control. This includes vehicles that are being serviced, repaired, stored, and test-driven.
• Professional Liability (Errors & Omissions) Insurance: Shields your dealership from lawsuits alleging professional mistakes or negligence. Whether it’s an error in loan paperwork, title transfers, or vehicle history reporting, this insurance offers financial defense against customers’ claims of negligence or misinformation.
• Commercial Property Insurance: Safeguards your business’s physical assets such as buildings, inventory, furniture, and equipment against damage due to events like fires, explosions, storms, theft, and vandalism.
• Workers’ Compensation Insurance: Mandatory in most states, this insurance covers medical expenses and a portion of lost wages for employees who get injured or sick as a result of their work.