Dave Beard

Expertly compared by Dave Beard

Products Updated April 30, 2018

Business Insurance For Car Dealers

If you are a car dealer then you need to consider having the right insurance. When your customers step onto your property or when you deal with them and offer them advice you are at risk. Cover for your business can be arranged quickly across a wide range of insurance needs including professional indemnity, public and employers liability insurance.

Our insurance experts can compare the market to find you the best deal on business insurance. Get a free quote and advice today:

2 providers expertly compared:

Hiscox

Provider
Hiscox Business Insurance

Products
Business Insurance

Business Type
Sole Traders, Partnerships & Limited Companies

Speciality
Small business and commercial insurance

Rated 4.8/ 5

All credit types

Hiscox commercial business insurance provides a professional level of cover to protect every aspect of your business, from the premises to the people who work for you, and any legal matters that may arise from your day-to-day operations.

2 providers expertly compared:

AXA

Provider
AXA Business Insurance

Products
Business Insurance

Business Type
Sole Traders, Partnerships & Limited Companies

Speciality
Small business and commercial insurance

Rated 4.7/ 5

All credit types

AXA business insurance can cover you and your business for every eventuality. Apply online today and save an extra 10% on your quote instantly.

Read our customer and visitor reviews for this product:

Rating: 5 / 5 with 1 votes

Recieved quotes as promised.

by Clear Eye Wear Limited

Happy with the process and quotes. Simple to use and back up with a phone call. No pressure to buy, which was reassuring.

FAQ

This risk is related to advice that you might provide or even acting negligently and they may even injure themselves while on your property and this could be down to you. Therefore, it is crucial for you to have business insurance in place so you are protected in every possible way.

As part of your service you have to ensure that your customers are treated in the right way. This means that their safety should be at the top of your list of priorities but if they decide to make a claim against you then you could find that the costs of defending a claim or paying compensation could cause serious financial damage.

Business insurance suitable for car dealerships

Business insurance suitable for car dealerships

Having business insurance in place will give you confidence knowing that your business is protected. In many cases, the law will fall in favour of your customers should they make a claim and this means that you need to protect your business.

There are many costs associated with a claim such as court costs, settlement costs and defence costs but business insurance will take care of all expenses.

As a car dealer you have access to two important forms of business insurance in professional indemnity insurance and public liability insurance. Both insurances will help to give your business the right protection should a customer make a claim against you.

Professional indemnity insurance can help you to deal with claims made against you as a result of negligence and bad advice. If you have behaved negligently, offered advice while omitting important information that could lead to loss or injury or even shared confidential information then a claim can be submitted. A claim could be extremely damaging to your business so it is vital that you protect your business in the right way.

Your dealership, offices and forecourt are all accessible by the public when they come to look at vehicles and discuss deals with you. Therefore, there is a risk that a customer could injure themselves or damage equipment while they are on your property. Public liability insurance will protect you from claims against slips on oil, car parts or even faulty furniture. The list is endless but public liability insurance will ensure that you and your business are protected from all costs.

Business insurance comes with the following features:

  • Every cost associated with a claim will be covered even if a claim is unsuccessful
  • A thorough assessment is carried out in order for payment to be released
  • The cover will prove to be crucial for your business
  • Defence costs, compensation costs and all other costs are handled
  • Cover is designed around your business
  • Court appearance costs will be included
  • Insurance created to suit your budget

What Are the Benefits?

You will receive the following benefits with business insurance:

  • Legal and regulatory requirements will be met
  • The ability to concentrate on your business and not worry about dealing with claims
  • Finances are fully protected
  • Professional advice and representation are available
  • Insurance will give your business a professional appearance

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