Florida Auto Dealer Insurance

Running a car dealership in Florida presents unique challenges and opportunities. From Jacksonville to Miami, auto dealers need robust insurance solutions to protect their valuable investments and ensure legal operations.

At Insured ASAP, we create tailored insurance packages that meet the specific needs of Florida auto dealers. Whether your inventory consists of luxury imports or affordable used cars, we are ready to assist you.

Mandatory Insurance Requirements in Florida

• Surety Bond (Dealers Bond): $25,000
• Garage Liability Insurance: $25,000 Combined Single Limits for bodily injury and property damage
• Personal Injury Protection (PIP): $10,000

Essential Insurance Coverage for Florida Auto Dealers

Auto dealer insurance protects your business from unexpected liabilities and financial losses. Here’s how Insured ASAP can cover your dealership:

Garage Liability Insurance in Florida

Garage liability insurance is required by Florida law. It protects against claims of bodily injury or property damage arising from your operations. It is essential for maintaining a safe and compliant business environment.

Garage Keeper’s Liability Insurance

This insurance covers any damage to customer vehicles under your care. It is essential for dealerships that offer repair or maintenance services.

Dealer Open Lot Insurance

Protect your valuable inventory from theft, vandalism, and Florida’s unpredictable weather. This coverage secures your financial assets and ensures business continuity despite external threats.

Do I Need Dealer Plate Insurance in Florida?

Dealer plate insurance is just another name for garage liability insurance. As mentioned earlier, this type of insurance is required by Florida law.

Enhanced Coverage Options

To fully protect your dealership, consider these additional coverages:

• Cyber Liability Insurance: This coverage safeguards your dealership from claims arising from data breaches and cyber-attacks.
• Errors and Omissions Insurance (E&O): Protect your business from claims related to administrative errors like title issues or warranty claims.
• Workers Compensation Insurance: Comply with Florida laws and protect your employees by providing medical benefits and wage replacement for work-related injuries or illnesses.
• False Pretense Coverage: Protect your business against losses from fraudulent acts by customers, ensuring your dealership’s financial stability.
• Commercial Property Insurance: Protects the physical assets of your dealership, including buildings, equipment, and inventory.

Why Choose Insured ASAP for Your Florida Auto Dealer Insurance?

• Competitive Rates: Insured ASAP partners with top-rated insurance companies to offer you the best rates.
• Fast, Reliable Service: We provide instant quotes so you can quickly secure coverage.
• Customer-Centric Approach: Our status as an independent agency allows us to put our clients first.

Request a Free Quote Today

Don’t leave your dealership’s future to chance. Contact Insured ASAP today to secure robust auto dealer insurance in Florida. We guide you through the intricacies of the insurance industry and help you obtain cost-effective solutions.

Call us at (800) 641-7488 for a personalized quote. Experience the peace of mind that comes with being fully insured.

 

For more information on Florida auto dealers and dealership licensing, visit: https://www.flhsmv.gov/motor-vehicles-tags-titles/dealers-installers-manufacturers-distributors-importers/