Choosing a Dealership Insurance? 5 Questions to Ask

Ask the right questions when you shop around for insurance options. This list will make it easier for you to decide which financial products are an excellent match for your auto dealership’s needs.

How Much Does It Cost?

Find out the monthly and annual costs of the insurance plan. Do you have enough in your budget? For instance, a garage keepers liability insurance could run somewhere between $400 to $3,000 every year.

Are There Plenty of Options?

You can’t pick the bestdealership insurance coverage if your options are limited. That’s why it’s much better to go to an agency partnered with major auto dealer insurance carriers. That will make it much easier to check out and compare financial products. You won’t have to worry that your options are limited to just a single insurance carrier.

Can They Provide Custom Plans?

If you have specific conditions and none of the insurance plans provide the features you want, don’t worry. You can still get the coverage you’re after by asking for a custom insurance plan. Look for an agency that provides customized options. Just make sure you understand all the rules and conditions to make sure the plan is perfect for you.

What are the Policy Limits?

Find out how much the policy limits are. The lower the limits of liability on your dealership, the lower the monthly premiums. Learn more about that if you want to take advantage of lower monthly insurance payments.

What Do the Reviews Say?

Don’t forget to research more about the insurance agency. Check out its site. Is it reputable and secure? Does it seem trustworthy? What about its reputation and background? Has it been in the business for years? What do other customers or clients say about the agency, its customer service levels, and insurance products?

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