Ohio Auto Dealer Insurance from Insured ASAP
Ohio auto dealer insurance isn’t just a regulatory requirement – it is essential for safeguarding your investment and ensuring your business’s success. At Insured ASAP, we have provided Ohio auto dealers with comprehensive insurance packages for many years. Whether you’re selling brand-new imports or used family cars, we will help protect every aspect of your business.
Read on to learn more about what the state of Ohio requires, options for further protecting your dealership, and the unique benefits of working with Insured ASAP.
What Type of Insurance Do Auto Dealers in Ohio Need?
Garage Liability Insurance
In the state of Ohio, auto dealers must have Garage Liability Insurance. Any insurance package from Insured ASAP will include it. It expands on General Liability Insurance to protect against claims of bodily injury or property damage that might arise from business and garage operations, ensuring your business can handle liabilities stemming from everyday dealership activities.
Other Options to Fully Protect Your Auto Dealership
We also recommend several other types of insurance to fully protect your auto dealership. A comprehensive auto dealer insurance package might look something like:
- Dealer Open Lot Insurance: Protect your valuable inventory of vehicles from theft, weather damage, vandalism, and other risks. This coverage is crucial for maintaining financial stability, particularly if much of your inventory is stored outside.
- Garage Keepers Insurance: Essential for dealerships that offer repair services, this coverage safeguards customer vehicles while they are under your care, covering damages incurred during repairs or storage.
- Defective Product and Faulty Work Coverage: This optional extension protects against claims arising from the sale of defective vehicles or parts, or from faulty service work that results in damage to a customer’s vehicle.
- Customer Autos Actual Loss Sustained: This type of protection covers the actual loss of a customer’s vehicle while it’s under your dealership’s control regardless of cost, providing significant peace of mind to both you and your customers.
Why Choose Insured ASAP for Your Ohio Dealership Insurance?
At Insured ASAP, we understand that no two dealerships are alike. Whether you are a retailer of luxury vehicles or need used car dealer insurance in Ohio, we will craft an insurance package that matches the risk profile and needs of your business.
We leverage our connections with top insurance companies, numerous data streams including public records, and our familiarity with Ohio dealership operations to quickly provide you with the best rates. 70% of business insurance shoppers receive an instant quote when working with Insured ASAP.
Request a Free Personalized Quote
Don’t wait for a loss to occur before securing the right protection for your dealership. Contact Insured ASAP today to discuss all your Ohio auto dealer insurance needs. We’ll help you understand what’s required of you, explore your coverage options, and ensure that your dealership is protected against the wide range of risks it faces every day.