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16 Jul Insurance for Car Dealerships
Insurance for Car Dealerships – Driven to Protect Car Dealers
As a car dealer, you love putting customers into new or used cars at a great price. Let’s face it, there’s no greater satisfaction than closing a deal. But what about the risks of owning or running a dealership?
A customer takes a car out for a test drive and hits another car. A salesman clips another car in your lot. A customer’s car is stolen while on your premises. Your inventory gets damaged during a flood or hurricane. How about a simple slip and fall on your property? Case in point: a customer in a New York dealership sued the dealer for $50,000 when she slipped on the carpet that was drenched in water. Can you afford the financial damage of a lawsuit?
How, then, do you protect yourself — and your business — from financial ruin? Specialty liability insurance from XINSURANCDE is your best protection against litigation. Specialty liability insurance goes well beyond general liability insurance to cover the more difficult or unusual risks that car dealerships face.
XINSURANCE is powered by Evolution Insurance Brokers, an insurance brokerage. XINSURANCE provides customized specialty insurance for ever-changing risks and liability issues, including property and casualty insurance — and coverage for inflatables. We’ll even defend you in the event you are named in an incident, claim or lawsuit.