What is Car Dealer Insurance?
Car dealer insurance is a specialised type of traders insurance designed to protect car dealerships or car traders.
Whether you operate a small independent dealership or a large franchise, this insurance provides comprehensive cover tailored to the unique risks faced by car dealers. It safeguards your business assets, employees, and customers, ensuring you can operate smoothly and confidently.
How our process works
We’ve worked hard to refine our process and keep it as quick, easy and simple as possible for our customers.
Available Levels of Cover
Comprehensive Cover
The most extensive protection, including all standard coverage options, plus additional benefits like legal expenses, tools insurance, and personal accident cover.
Third Party, Fire and Theft
A mid-range option covering third-party liabilities, vehicle fire damage, and theft.
Third Party Only
The minimum legal requirement, covering third-party injury and property damage.
What Can Car Dealer Insurance Cover?
Who Needs Car Dealer Insurance?
Car dealer insurance is essential for:
- Independent car dealers
- Franchise dealers
- Used car dealerships
- Car auction houses
- Vehicle importers/exporters
If your business involves selling, servicing, or handling vehicles, having the right insurance is crucial to protect against potential risks and liabilities.
How Much Does Car Dealer Insurance Cost?
The cost of car dealer insurance can vary significantly based on factors such as:
- The size and type of your dealership
- Location and security measures in place
- The number of vehicles and employees
- Your claims history
On average, premiums can range from £1,000 to £5,000 annually, but it’s crucial to get tailored quotes to understand the exact cost for your business.
How to Find Cheap Car Dealer Insurance Quotes
Finding affordable car dealer insurance doesn’t mean compromising on cover. Here are some tips to get the best quotes:
- Compare Multiple Quotes: Use online comparison tools to get quotes from various insurers.
- Tailor Your Coverage: Only pay for the cover you need by customising your policy.
- Increase Security Measures: Enhanced security can lower your premiums.
- Opt for a Higher Excess: Agreeing to a higher excess can reduce your insurance costs.
- Check for Discounts: Look for discounts for bundling policies or for no-claims bonuses.
