Property Insurance
Protecting Your Auto Dealership with Property Insurance
Our team is here to help you find a plan that meets your needs and budget!
As an auto dealership owner, you have a lot on your plate. You need to make sure that your inventory is secure, your customers are happy, and your employees are protected. One important aspect of running a successful dealership is making sure that your property is insured.
Why is Property Insurance Important for Auto Dealerships?
Your dealership is more than just a building. It’s your livelihood and your reputation. Property insurance provides coverage for damage to your building and contents, including vehicles and equipment, in case of a disaster such as a fire or theft. It also provides coverage for loss of income if your dealership is temporarily closed due to damage from a covered loss.
What Does Property Insurance Cover for Auto Dealerships?
There are several types of property insurance policies available for auto dealerships, including:
Building Coverage
Building coverage provides protection for your dealership’s physical structure and its contents, including vehicles and equipment. This type of coverage is typically purchased as an all-risk policy, meaning that it covers damage from most causes unless they are specifically excluded.
Business Income Coverage
Business income coverage provides coverage for loss of income if your dealership is temporarily closed due to damage from a covered loss. This type of coverage can help you keep your doors open and pay your bills while your dealership is being repaired.
Choosing the Right Property Insurance for Your Auto Dealership
When choosing property insurance for your auto dealership, it’s important to consider your specific needs. Some questions to ask yourself include:
How much coverage do I need for my building and contents?
It’s important to make sure that you have enough coverage to replace your building and its contents in case of a disaster. Be sure to take into account the value of your vehicles and equipment when determining how much coverage you need.
Do I need coverage for loss of income?
If your dealership is temporarily closed due to damage from a covered loss, business income coverage can help you keep your doors open and pay your bills while your dealership is being repaired.
The Importance of Regularly Reviewing Your Property Insurance Policy
It’s important to regularly review your property insurance policy to make sure that it still meets your needs. As your dealership grows and changes, your insurance needs may also change. Be sure to discuss any changes with your insurance agent to make sure that your coverage is up to date.

(800) 770-3314
