Insurance Agencies Inc. Blog: car dealership insurance
View the latest blog posts from Insurance Agencies Inc..
Wednesday, July 5, 2023It’s not easy running a car dealership. You have to make sales and move stock off the lot. You must provide a high degree of client service and security. You also need to protect your employees and the vehicles in your care. Protecting all you have built generally means getting insurance coverage. READ MORE >>
Thursday, March 2, 2023In all 50 states, car dealerships are required to post an auto dealer bond — a type of commercial surety bond — in order to get fully licensed. Where insurance protects your business, bonds are designed to protect customers. Essentially, a bond acts as a contract between the dealership, customers and a surety company. READ MORE >>
Friday, January 27, 2023Operating an auto dealership can be an exciting, lucrative and rewarding venture. However, your business must also manage many risks and exposures. Given the high value of your inventory, heavy foot traffic throughout your workplace and significant financial stakes invested by your customers, dealerships must have sufficient risk management and loss control practices in place. READ MORE >>
Thursday, October 6, 2022Selling used cars can be a rewarding and profitable business, but (like most businesses) it is not without risk. Between maintaining an expensive inventory that is subject to the weather and the liabilities of conducting test drives with customers, it’s easy to see why insurance protection is so important. READ MORE >>
Tuesday, September 13, 2022Running a car dealership brings unique risks. Appropriate business insurance can help provide financial protection when unexpected events or accidents happen on and off your company's property. Contact Insurance Agencies, Inc. in Northfield, New Jersey, today to build a business insurance package tailored to your dealership's needs. READ MORE >>
|
Blog Archive
|
|