Manage your risk to protect your Car Dealership Business Insurance

• Understanding what their risks are, and ways to manage those risks from both a day to day and long term perspective
• Educating them on their insurance options, and how it responds to all the different aspects of their business.

Reducing risk for your Car Dealership

• HAIL NETS: Whether your business pays for hail insurance or not, hail nets will go a very long way to adding protection to the companies income, without needing to involve insurance companies at every event to payout claims. This WILL reduce your premium, often with a return on investment only 2-3 years away.

• SECURITY UPGRADES: Vehicle theft and malicious damage from dealerships and their related mechanical workshops represents a large portion of the claims we see within our client base. Some very effective deterrents include the installation of Bollards, or Minimum 6 foot perimeter security fencing. Manned security or frequent, random security company inspections and the installation of CCTV will also greatly reduce your risks and assist with premium reduction

• SECURITY UPGRADES: Vehicle theft and malicious damage from dealerships and their related mechanical workshops represents a large portion of the claims we see within our client base. Some very effective deterrents include the installation of Bollards, or Minimum 6 foot perimeter security fencing. Manned security or frequent, random security company inspections and the installation of CCTV will also greatly reduce your risks and assist with premium reduction

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Joe Daley

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• DETAILED WORKSHOP PROCEDURES AND QUALITY VERIFICATION: Dealership mechanical workshops process huge numbers of jobs every day, with dealers offering capped price servicing and very standard service requirements, having well written procedures that include quality verification and proof of work will go a long way to not only building trust with your customers, but also protecting your business against liability claims.

• PLANNED MAINTENANCE: A critical aspect of your business, in particular where a mechanical workshop also exists, planned maintenance is not only a recommendation, but often also a requirement under aspects of your policy, in particular machinery breakdown and hydraulic equipment breakdown insurance. It also demonstrates care for your staff, customers and vehicles by ensuring your equipment is safe for use.

Some features that may benefit your Car Dealership

• DEALER HOLDBACK EXTENSION - covers a new car dealers lost commissions in the event of written off vehicles that weren’t able to be sold due to a claimable event

• TEST DRIVING - covers test drives of your stock vehicles and demos, as well as your staff test driving customers vehicles in the workshop

• STATIC VEHICLE INSURANCE - covers vehicles whilst not in use or on test drives against fire and peril events at the insured location

• HAIL INSURANCE - available now as an included section of your primary insurance account, or on a standalone parametric* insurance policy, this covers either a total loss amount or first loss cover, dependent on insurer, dealership size and requirements or customers choice. There are also diminished value extensions available for the purposes of covering the difference in sold price versus wholesale price to ensure the business does not lose money.