Essential Coverage for Car Dealers
Stock Vehicle Insurance
Your most critical coverage - protecting the vehicles that represent your largest business investment.
Comprehensive Stock Protection
- Fire & Theft: Complete protection against the most common dealership losses
- Storm & Weather: Hail, flood, cyclone, and severe weather damage
- Vandalism & Malicious Damage: Protection against intentional damage
- Accidental Damage: Collisions, reversing incidents, loading/unloading damage
- Stock in Transit: Vehicles being transported to/from your dealership
- Off-Premises Coverage: Vehicles at shows, auctions, or other locations
Key Features
Automatic Coverage
New stock automatically covered from acquisition
Seasonal Adjustments
Coverage automatically adjusts for seasonal stock variations
Trade vs Retail Values
Choose settlement basis that works for your business model
Demonstrator Coverage
Special provisions for demonstration vehicles and staff cars
Typical Coverage Limits
- Per Vehicle: Up to [variable]
- Total Stock: $1M - $50M+
- Excess: a variable amount (depends on risk profile + claims history) per claim
Road Risk Insurance
Essential coverage for any vehicle driven in connection with your dealership operations.
Complete Driving Coverage
- Test Drives: Customer test drives with comprehensive liability protection
- Demonstration Drives: Sales staff demonstrating vehicle features
- Delivery & Collection: Moving vehicles to/from customers, workshops, auctions
- Inter-Site Transfers: Moving stock between dealership locations
- Service & Maintenance: Taking vehicles for servicing, WOF, registration
- Any Driver Coverage: Protection for any authorized driver
Common Road Risk Scenarios
Customer Test Drive
Customer crashes your [variable] SUV during test drive. Road risk covers vehicle damage and third-party claims.
Delivery Accident
Staff member delivering sold vehicle has accident. Customer's new car damaged plus third-party property damage.
Auction Transport
Vehicle being transported to auction crashes on motorway. Multiple vehicle collision with serious injuries.
Road Risk Limits
- Vehicle Damage: Up to vehicle value
- Third Party Property: Unlimited
- Personal Injury: Unlimited
- Legal Costs: Included
Liability Insurance
Comprehensive protection against claims arising from your dealership operations and professional services.
Public Liability Coverage
- Customer Injuries: Slips, trips, falls on your premises
- Property Damage: Damage to customer or third-party property
- Products Liability: Claims arising from vehicles or accessories sold
- Completed Operations: Issues arising after sale completion
- Advertising Injury: Claims related to advertising or promotional activities
Professional Indemnity Coverage
- Pre-Sale Inspections: Errors or omissions in vehicle inspections
- Warranties & Guarantees: Breach of express or implied warranties
- Financial Advice: Incorrect advice about finance or insurance options
- Misrepresentation: Unintentional misstatement of vehicle features or history
- Breach of Duty: Failure to meet professional standards or regulatory requirements
Real Liability Claims
Customer Injury - [variable]
Customer slips on oil spill in workshop area, suffers serious back injury requiring surgery and 18 months rehabilitation.
Faulty Vehicle Sale - [variable]
Vehicle sold with undisclosed flood damage. Engine failure leads to customer claims for replacement vehicle and losses.
Finance Mis-selling - [variable]
Customer claims dealer provided incorrect information about finance terms, resulting in financial loss and legal costs.
Liability Limits
- Public Liability: $1M - $20M
- Professional Indemnity: $1M - $10M
- Products Liability: $2M - $20M
- Legal Defense: Unlimited
Premises & Operations
Protection for your dealership premises, contents, and business operations.
Property Coverage
- Buildings: Fire, storm, impact, and other physical damage
- Contents & Equipment: Office furniture, computers, workshop tools
- Signage: Showroom displays, exterior signs, promotional materials
- Glass Coverage: Showroom windows, display areas
- Security Systems: Alarms, CCTV, access control systems
Business Interruption
- Loss of Gross Profit: Income lost during business interruption
- Additional Costs: Temporary premises, extra staff costs
- Loss of Stock Turnover: Reduced sales due to premises damage
- Extended Cover: Prevention of access, suppliers/customers affected
Business Interruption Scenario
Dealership Fire Scenario
Incident: Electrical fault causes fire in showroom, destroying building and 12 display vehicles worth [variable].
Direct Costs
- Building rebuild: [variable]
- Display vehicles: [variable]
- Contents & equipment: [variable]
Interruption Costs
- Lost profits (8 months): [variable]
- Temporary premises: [variable]
- Staff costs (retained): [variable]
- Marketing (re-launch): [variable]
Premises Coverage
- Buildings: Full replacement value
- Contents: $100K - $1M+
- Business Interruption: 12-24 months
- Glass: [variable] - [variable]