Burbank, CA (PRWEB) August 14, 2012
Business Insurance USA is pleased to announce a new auto dealer insurance program that keeps the needs of used automotive dealerships in mind by providing a comprehensive and cost effective way to protect these important places of business.
Business owners who deal in used auto sales can now receive customized business insurance plans to protect the unique aspects of a used car dealership company. Auto dealer insurance will include the fundamental coverage of general liability insurance but used auto dealers can now optimize coverage options through business owners policies as well.
General liability is the basis of a complete business insurance plan and provides financial coverage for many unexpected events that can happen in a used car dealership. For example, general liability gives financial protection in the event an accident happens on location, such as a slip and fall of a customer. General liability insurance also covers in the event products sold were to cause harm to customers.
Additionally, general liability includes protection in the event litigation arises from claims such as discrimination, un-intended copyright infringement issues, slander, and other similar claims. These types of claims are many times brought on by mistakes and/or errors in judgment. The costly legal fees that are involved in fighting these types of cases can pile up, but a BOP policy can now provide financial protection for the car dealership business.
The business owners policy (BOP) portion for used car dealership insurance provides a way to choose particular policies to make the business insurance purchased optimized for the particular needs of used auto dealers. Of importance for used auto dealers would of course be open lot coverage, as well as garage keepers coverage and outdoor and indoor inventory, as well as buildings and any others structures used for business purposes. Buildings and inventory can be listed and protected under the “buildings and contents” portion of a BOP.
Business income and extra expense is also now available with auto dealer insurance and helps with the expenses if a car dealer mush relocate during disaster and can even help with lost income.
Another important protection that is now offered for used car auto dealers is protection for employee dishonesty. Small business lose four hundred billion dollars annually due to dishonest employees, but a BOP plan can now afford the protection that is needed against this unfortunate risk.
A full range business insurance program is a crucial part of an effective overall business plan that accounts for some of the unplanned accidents, disasters, and even mistakes that happen in day to day business. For this reason, Business Insurance USA is pleased to now offer these personalized options for used auto dealer insurance.
For more information visit: http://www.businessinsuranceusa.com