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16 Apr Used Car Dealer Insurance
Used car dealer insurance can sometimes be very difficult to find in today’s insurance industry. There are several types of coverages that can be offered to a used car dealership. Those coverages include auto liability, garage liabiality, dealers open lot, garagekeepers’ legal liability and E&O coverage. Most insurance companies will deny coverage if you have claims or an extensive loss run history. At EIB we won’t deny coverage just because of claims. We have over 30 years of expertise in assessing underwriting and claims to deliver customized coverage. The majority of used car lots require dealer plates that are used for customer test drives and it is important to have the dealer plates covered under their liability policy. This is just one example of how EIB can help identify your specialty insurance needs. As an excess and surplus lines broker we will work to craft the best policy for you and work to help you avoid costly claims.