Used Car Dealership Insurance: Are You Covered?
Used Car Dealership Insurance: Are You Covered
?If you are the owner or operator of a used car dealership in Canada, you need flexibility and other coverages which are typically not available through generic insurance policies. Luckily, there is a company which offers a customized policy specifically for pre-owned auto dealers!
Custom Used Car Dealership Policies
TEN STAR is a Canadian insurance company which introduced a new approach to used car dealership insurance. The custom dealer's insurance program includes comprehensive key coverages which other companies are typically unable to provide.
Key Pre-Owned Car Dealership Coverages include:
Garage Automobile Dealer Plate & Inventory
Open Lot Theft
False Pretense
Conversion Coverage
Auto Dealers Errors & Omissions Liability
Odometer & Prior Damage Liability
Business Interruption
Umbrella Liability
Pollution Clean Up
Commercial Property
Commercial General Liability
Installment Payment Plan
Legal Assist Service
Finding Used Car Dealership Insurance
When discussing insurance options with your broker, prepare a short list of questions before arriving. Finding a knowledgeable broker with experience dealing with the type of insurance you need can help you in the long run, so remember to take your time when finding the most appropriate broker for your needs. It is very important that your insurer completely understands your operations so they can stand behind you at the time of a claim. Be sure to thoroughly review your operations with your broker when requesting a quote to insure you receive adequate coverage. Remember, insurance brokers are there to answer your questions. So be prepared to ask questions, and be prepared to receive answers.
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