Dealers Insurance

What Does Dealers Insurance Mean?

Dealers Insurance is an insurance company based in Florida that specializes in providing coverage for individuals working in vehicle dealerships. They offer products from various providers, with a primary focus on garage liability, workers’ compensation, and employee benefits. Dealership owners wanting to compare quotes can look up typical auto dealer insurance costs to see how inventory size and lot location affect pricing.

Insuranceopedia Explains Dealers Insurance

Employee benefits and workers’ compensation are important for individuals across various industries, but Dealers Insurance specifically targets employees of car dealerships. These employees may work in repair shops or service centers, which have different working conditions and safety standards compared to typical office environments. Workers’ compensation pays for medical bills and lost wages when an employee is hurt on the job, and rates for mechanics and service technicians tend to run higher than for office staff because of the risks around lifts and heavy vehicles.

Dealers Insurance provides garage liability coverage to protect car dealers if cars or other vehicles are damaged while in their service centers, repair shops, or garages. Garage liability is usually sold as part of a broader car dealership insurance package that also covers the vehicles on the lot and the building they sit in.