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Crime Coverage: Cyber criminal hacking system at table.

Crime Coverage: How You Can Protect Your Dealership Against Crime

Employee dishonesty, embezzlement, theft, and property damage can happen to a business of any size, including your dealership. Since auto dealers regularly manage large financial transactions, there is also an elevated risk for forgery, fraud, data breaches, and hacking. The consequences of these crimes can be financially devastating and lead to severe reputational harm. Ordinarily, …
Employment Practices Liability (EPLI): Two middle age business workers working together. Woman suffering sexual harassment at the office.

Employment Practices Liability Insurance: Win or Lose, Lawsuits are Costly

Today's attention-grabbing headlines and viral social media stories are overflowing with employment-related scandals. From Hollywood studios and sports arenas to political offices and business boardrooms, allegations of harassment and discrimination are increasing in frequency, severity, and publicity. In the past, employers and employees quietly handled workplace conflicts. Family and friends might know about a scandal, …
Dealer Risk Services - Garage Liability

Dissecting the Garage Liability Policy

From an insurance perspective, every business has a unique set of exposures. Business owners within the automotive industry are undoubtedly different than manufacturers or owners of other retail operations. For Auto Dealers, Garage Liability Insurance protects your business from unwanted outcomes that may arise. Garage Liability Insurance 101 Garage Liability Insurance originated by combining a …
State of the Dealership Insurance Market

The State of the Dealership Insurance Market

Featured Article in the NADC Defender October 2020 Newsletter If the year 2020 has taught us anything, it is that when times change, so must we–and times are certainly changing. The cost of dealership insurance is moving upward, and quickly. Without following the industry news, it may be hard to understand why. The following will …

Disaster Preparedness: Protecting Your Inventory from Hurricanes

Last year (2019) appeared to be a “mild” year from a weather perspective, but damage estimates, according to Accuweather, exceeded $22B. If Hurricane Dorian had kept its projected course and not moved further eastward, the destruction to Florida’s east coast corridor would have been devastating.