Saturday, October 21, 2017

Used Car Dealer Insurance



USED CAR DEALERS
Dealer Protection Group (DPG) provides insurance for used car dealers with a wide range of options. Whether large or small dealers or just dedicate a part of his lot to vehicles pre-rights have, our comprehensive coverage will ensure that cars and trucks in a parking lot and a garage that is associated with the sale.



In the DPG, we can give you a competitive insurance package that can include:

GARAGE LIABILITY: provide protection over the liability due to maintenance and ownership of the garage.

DEALERS OPEN LOT coverage: provides a such as physical damage on vehicles owned by your business. Physical damage includes collision and comprehensive coverage, such as fire, lightning, explosion, theft, hurricanes, hail, flood, and vandalism and other malicious damage.

Sustainability GARAGE LIABILITY: if the operation You perform repairs or body work on a vehicle that is not owned by the dealer, you need this coverage to protect against damage to the vehicle to your customers that you have.



AUTO LIABILITY: provides protection for you in case of lawsuits because of a car accident.

FALSE PRETENSE: Include the loss of the vehicle if you are scammed or cheated. For example, if someone comes to drive a car (with your consent) and he took the vehicle to pretend to be someone who is not yourself, you will incur losses due to this coverage. (Note, however, that this is not a bad credit insurance.

BONDS: bonds used car dealer to help you comply with state laws related to running a used car business.

E and O COVERAGES: certain omissions and Errors associated with operating a used car dealership which includes such as: truth in Lending or Leasing Liabilities, Obligations and Federal Odometer Disclosure of Previous Damage, and also Errors and omissions before.



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