Not easy to keep up with the speed of automobile innovation and serve the changing needs of California car buyers. You must always be ahead of the competition, offering a choice of vehicles to serve their purpose and not compromising on quality.

That, coupled with the countless liabilities associated with operating an automotive dealership only reinforces the importance of having reliable auto dealer insurance in California. The right insurance can offer you financial security, keep your business moving forward and give you peace of mind in good times and bad.

We are a Reputable Auto Dealer Insurance Service in California

The amount and type of coverage necessary also influences your California car dealer insurance rates. You generally will pay an average of $3,000-$10,000 per year for a “reasonable” level of coverage. “But these are just rough numbers. The cost of your policy will be based on a number of factors, including the size and complexity of your business, how many vehicles you have out at once, the value of those vehicles and more.

Western Insurance Marketing Corporation has been offering complete auto dealer insurance coverage in California for over 50 years. By offering tailored commercial coverage, our team of experienced professionals is able to create the best plan for your business. We represent some of the finest insurance companies in the State, including many with extremely broad coverage.

Contact us today to begin working with our experts towards your ideal auto dealer insurance package. We will be in touch soon!

We are a Reputable Auto Dealer Insurance Service in California

Contact us today to begin working with our experts towards your ideal auto dealer insurance package. We will be in touch soon!

Why Should I Have car dealer Insurance in California?

For any business in California that handles and provides services for vehicles, auto dealer insurance is a must. Without the proper coverage, you risk losing a lot of money if an accident or lawsuit occurs.

In California, DMV sets the rules for auto dealer insurance. The DMV mandates that every dealership have a certain amount of coverage to remain in compliance with state law. These include:

Liability Insurance
Property Insurance
Garage Keepers Liability Insurance
Garage Liability Insurance
Commercial Auto Insurance
If you have employees - Workers Compensation Insurance
Vehicle Service Contracts (if applicable)

Your insurance company can also help you determine which coverages are appropriate for your business and what limits you should purchase.

California Auto Dealers General Liability Insurance.Compute the our program may save you 15% or more on your insurance.

California auto dealers will also want to have general liability insurance. As the name implies, it offers a support for your business in case a third-party liability claim occurs such as another person is injured or there’s property damage caused by you or one of your employees. It also extends to certain legal fees and other expenses related to defending yourself against such claims.

This type of insurance is a very important component of any California auto dealer insurance policy because we all know that there are plenty of losses a business owner can incur when they sell and service vehicles. Your liability policy limits are something to consider, and they should be high enough to support the potential damages.

You might also want to think about getting an umbrella policy — a type of extra insurance that provides additional liability coverage that exceeds the limits of your regular liability coverage. An umbrella policy can help cover the costs of serious accidents or lawsuits, so it is typically a good idea to have one.

CA Auto Dealers: Shop Around For Commercial Property Insurance

What is commercial property insurance for auto dealerships? Commercial property insurance covers physical assets that you own or lease. This includes things such as vehicles, tools and equipment, office furniture and fixtures, signs, computers and other electronic items, inventory items – or anything else you can think of.

It also offers protection for specific “perils,” like fire, wind and theft. Your coverage limits should be based on the current value of your assets and whether they could be vulnerable in an accident or disaster.

If you’re leasing a building for your dealership, landlord liability insurance may also be necessary. This way you have financial coverage in the event that someone gets hurt on your property or damage is done to a client’s property while you’re doing business.

California Auto Dealer’s Garage Keepers Liability Insurance If you run a car dealership in California, having convenience for your customers is key!

This liability coverage kicks in when you damage a customer’s vehicle while it is in your care, custody or control. It could be because an employee does something to someone else’s car they’re working on, accidentally or otherwise, or even just leaves a key in the ignition allowing someone to walk off with it.

Garage keepers coverage can help provide substantial peace of mind and financial security if a customer sues.77FLOORThis type of protection is typically part of most California auto dealer insurance plans in the state of California. You need to ensure you’re holding enough limits in place in case of any such losses.

California Auto Dealers Insurance Quote – Commercial Auto Insurance for CA Used or New Automobile Dealers Safety and Savings Built into one!

If your business has invested in any vehicles that it owns or leases, you’ll need commercial car insurance. This is the type of policy that offers you financial protection when one of your vehicles gets into an accident, is stolen or is destroyed in a natural disaster. It also includes the cost of injuries to drivers and passengers, and it covers property damage to other people’s vehicles.

You will also want this type of coverage if you allow employees to take their own cars for business purposes. In this example, the policy would need to have extended protection for non-owned autos.

Minimum coverage for commercial auto insurance in California is $15,000 per person/$30,000 per accident for bodily injury liability and $5,000 for property damage. Still, it's often better to buy larger limits for enough financial protection.

Additional Available Coverages for California Auto Dealers

These are just some of the many coverages available to help protect your business. These products are Professional Liability Insurance, Data Breach & Cyber Liability Insurance and Employment Practices Liability Insurance. An insurance professional can help you assess your risk and discover which extra coverage you need.

Methods of Reducing Your California Auto Dealer Insurance Rates

Tinkering with deductibles: If you increase your deductible, it should help reduce your premiums but be sure that you have enough money in reserve if there is a claim.
Get multiple quotes: By comparing rates of different insurance companies, looking around and getting quotes from various sources you can find the best prices for your business.
Bundle your policies: Insurers will often give discounts for bundling different types of coverage, like so-called general liability and commercial auto insurance together.
Check safety discounts: If you have safety rules in place at your dealership, like an employee wearing a seatbelt or even having an alarm system, most insurance companies are willing to offer a discount.
Inquire about group discounts: Some providers may offer discounts if you have more than one vehicle insured or a second location.
Equip your cars with safety devices: You can help lower the costs of theft or vandalism by adding car alarms, GPS tracking systems which could help you qualify for a reduced premium.
Maintain a claims-free record: Most insurers will offer some discount on your premiums if you can prove that you’re not likely to make many claims.

Receive The Most Competitive California Auto Dealers Insurance Quotes

It is a situation with so much involved, making it quite challenging for people who are in need of getting the most advantageous rates on California auto dealers’insurance.

Western Insurance Marketing Corporation connects you with the top rated California Insurers. We bring decades of experience to the car insurance business, and we’re here to help you find coverage that suits your needs without breaking the bank.

What car insurance do car dealereships use?
Car dealerships typically use dealer insurance or dealership liability insurance to cover their operations. This type of insurance is specifically designed to protect dealerships from a variety of risks they may encounter, such as:

Inventory Insurance (Stock Insurance): This protects the vehicles on the lot, whether they’re new or used, in case of theft, damage, or vandalism.
Garage Liability Insurance: This covers injury or damage caused by the dealership’s employees while they’re test-driving vehicles, working on cars, or providing customer service.
Workers' Compensation: Covers employees in case they get injured while working.
General Liability Insurance: Covers damage or injuries caused to third parties on the dealership's property.
Errors and Omissions Insurance: Provides protection against claims related to the sale of faulty vehicles or misleading sales practices.
How much does a dealership insurance cost?
The cost of dealership insurance can vary widely depending on several factors, including the type of dealership (new or used vehicles, for example), the value of the inventory, location, the size of the dealership, and the level of coverage required. On average, dealership insurance can range from $1,000 to $5,000 per month or more.

For Antarctica, the situation would be quite different. Since there is no typical automotive market or vehicle sales industry in Antarctica, it is unlikely that you would find a conventional car dealership operating there. However, if a business were to operate in Antarctica (such as for a scientific expedition or specialized equipment rental), the cost of insurance would be highly specialized and might be far more expensive due to the extreme weather conditions and logistical challenges. It would likely include elements like coverage for extreme environmental risks, specialized vehicle insurance for harsh conditions, and high operational costs.
Do all dealerships require full coverage insurance?
No, not all dealerships require full coverage insurance, but many do. Whether or not full coverage insurance is required depends on the dealership and the type of vehicle you are purchasing or leasing.

For financing or leasing: If you are financing or leasing a vehicle through a dealership, they may require full coverage insurance (which includes both collision and comprehensive coverage) to protect the car in case of an accident, theft, or damage. This requirement helps protect their financial interest in the vehicle.
For outright purchases: If you are buying a car outright (without financing or leasing), the dealership may not require full coverage. However, some dealerships might still recommend or suggest it for your own protection.
Do dealers need to be self-insured?
In general, whether dealers need to be self-insured depends on the specific regulations of the country, state, or region they operate in. However, in many jurisdictions, car dealerships, particularly those that handle a significant volume of vehicles or operate in a larger capacity, may be required to have certain types of insurance. These could include general liability insurance, property insurance, or even specific coverage for the vehicles they sell.

In Antarctica, the situation is a bit unique, as it is governed by international treaties rather than a conventional national legal system. The Antarctic Treaty System, which regulates international relations in Antarctica, does not specifically address car dealerships or insurance requirements. Given that no commercial vehicle dealerships are typically operating in Antarctica, the need for dealers to be self-insured would not generally apply in that region. Additionally, there are no permanent residents or typical business operations like car sales in Antarctica due to the extreme conditions and the international status of the continent.