Risk management Archives - Dealer Risk Services

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 …

Accidents Happen, Protect Your Dealership with Commercial Umbrella Coverage

Mishaps and accidents happen at dealerships. And, sometimes even the most insignificant incident turns into a financially devastating multi-million-dollar lawsuit that can place your hard-earned assets in jeopardy. Protecting your dealership means preparing and planning for the worst-case scenario. For example, suppose a customer suffers an injury on the property and sues your dealership. Or, …

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, …

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 …

How to Develop Your Risk Management Team

Developing a solid Risk Management Team may be easier than you think. Sure, you can hire a qualified Risk Manager at a 6-figure salary, but that may not be necessary. Take a look at your existing Dealership Team for help: Chief Financial Officer, Operations Manager, General Manager, CPA and your Attorney. Together with you (the …

Tag: Risk management

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

Accidents Happen, Protect Your Dealership with Commercial Umbrella Coverage

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

Dissecting the Garage Liability Policy

How to Develop Your Risk Management Team

Personal Lines

Captive Insurance

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