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Category: Dealership Insurance 101

Developing Zero Tolerance Policies for Your Dealership

There are some things that we just cannot tolerate in the workplace.  They just mean trouble!   Sexual Harassment, Misuse of Computers, Visiting Inappropriate Websites, Distracted Driving, Unauthorized Weapons into the Workplace, the list goes on.   When injuries, whether physical or mental, result from these issues, we run the risk of adverse jury awards,  …

Protecting Your Dealership with Property Policies

For those of us operating businesses on the East coast or Gulf coast states, it’s officially Hurricane Season.  In fact, we’ve already had an early Tropical Storm and enough rain in areas to sufficiently soak the ground. So, before the succession of summer storms begins to roll our way, take time to review your Property …

Dealership Insurance Coverage You Need in the Current World

The insurance coverage you needed 20 years ago…even 5 years ago…may not be appropriate today to protect you from financial loss. There are truly some areas of concern that were not on our radar just a few years ago: Cyber Security                   Directors and Officers                    Kidnap and Ransom Active Shooter Coverage              Terrorism Coverage All of those …

Insurance Solutions for Vehicle Inventory

The weather activity of 2017 and 2018 has taken a toll on the Inventory/Dealer Open Lot markets. The record Hail in the Midwest and the effects of Hurricanes Harvey and Irma sent wake up calls through the carrier and reinsurance markets Underwriters who became ‘’overly aggressive’’ with their pricing and deductibles felt the pains of …

How to Properly Manage Key Control and Lot Protection

  With every missing inventory vehicle, the first questions are (and should be) How, When and Who. We always begin with How.   The ‘’How’’ always revolves around the key issue…Where are the keys?  Insurance Claims Adjusters ask about the main set and then make sure the warranty books and/or files contain the second set.  This …