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341 4th Ave, Indialantic, FL 32903
321-733-6253
info@DealerRiskServices.com

Tag: Insurance

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 …

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 …

Know Your Vendors

Over the past 2 months we have reported several claims regarding insufficient insurance coverage carried by Vendors/Subcontractors.  In two instances, the claims involved companies contracted to transport vehicles for the Dealerships.  Car Haulers???  Yes! Dealers are normally in tune with the dangers of underinsured contractors regarding building and/or grounds maintenance.  They even scrutinize Certificates of …