Without proper coverage, car dealership owners risk liability for auto theft of a customer’s car on their auto dealership lot, accidents while test driving, weather or physical damage, or a simple slip and fall. Does your insurance carrier provide the proper custom coverage you need to cover all bases such as Garage Keepers Direct Primary (GKDP), Garage Keepers Legal Liability (GKLL), Drive Other Car (DOC), Over the Road Physical Damage (OTRPD), Hired & Non-Owned Auto Coverage, Drive Away Coverage, and Commercial Auto coverage? Most likely not. With our Insurance for Car Dealerships, XINSURANCE provides car dealers with custom insurance solutions so that they can continue running their business without worrying about any type of litigation being brought against them.
In 2017, approximately 2 million people were employed by enterprises in the motor vehicle and parts dealer industry.
In June 2017, there were 16,802 new-car (franchise) dealerships with a total of 1,135,700 employees, averaging 69 employees per dealership.
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