341 4th Ave, Indialantic, FL 32903

Category: Risk Management

Workers' Compensation: Protecting Your Dealership Against On-the-Job Accidents

Workers’ Compensation: Protecting Your Dealership Against On-the-Job Accidents

No matter the size of your dealership or the types of vehicles showcased, you have exposure to unique challenges that other business owners might not face. Maintaining a safe working environment and shielding yourself against liability claims are important and necessary goals for your dealership. Even with effective and efficient precautions, you cannot protect your …
Inventory Coverage for Dealerships

Inventory Coverage for Dealerships

In the dealership arena, inventory is one of your most precious assets. It is the vehicle (no pun intended) that entices customers to your dealership. The lure of that specific car and the advertisements surrounding the merits of your dealership are what stimulate sales. Therefore, without an inventory of cars and trucks to sell, your …

The State of the Dealership Insurance Industry 2020

Remember the lyrics of the old Bob Dylan song… “for the times, they are a changin’”… That is certainly true today as it has been a most unusual year for all of us! Everything in our world seems to have changed… including the insurance industry. All of which affect our bank accounts and profit margins. Our …

Dealership Insurance – Looking Back at 2019

A reflection on the insurance industry in 2019 from President of DealerRisk Services, Steven P. Gibson. As we near the close of 2019, there are some industry trends of note: Markets in Disarray Inventory Market Umbrella Market Premiums on the Rise Commercial Auto/Garage Property First, let’s address the premium increases as this market segment is …

Dealerships and Cyber Security Awareness

Reviewing your Cyber Coverage October is National Cyber Security Awareness month, making it a good time to review your internal controls and your coverage.  You DO have Cyber coverage…Right? It amazes me as we travel the country speaking with Dealers how many have not yet purchased Cyber coverage.  Dealers have a tendency to want their …