At Toth-Felty we provide insurance for auto dealers with a variety of options and choices. Whether a dealership is large or small, or simply dedicates one portion of its lot to pre-owned vehicles, our comprehensive coverage will insure the cars and trucks on the lot and the garage associated with sales.
We can provide you with a competitive insurance package that can include:
GARAGE LIABILITY INSURANCE: Provides protection for liability resulting from the maintenance and the ownership of the garage.
DEALERS OPEN LOT INSURANCE: Provides dealers physical damage coverage on vehicles that are owned by your business. Physical damage includes collision and comprehensive coverage, such as fire, lightning, explosion, theft, windstorm, hail, flood, and vandalism and malicious mischief.
GARAGE KEEPERS LIABILITY INSURANCE: If your operation does repair/body work on vehicles that are not owned by the dealership, you need this coverage to protect against damage to your customers’ vehicles in your possession.
AUTO LIABILITY: Provides protection in the event of a lawsuit because of an auto accident.
FALSE PRETENSE: Covers losses of vehicles in the event you’re scammed or cheated. For example, if someone comes to test drive a car (with your approval) and he or she takes the vehicle pretending to be someone they are not, you would be covered for the loss with this coverage. (However, please be aware this is not bad credit insurance.)
BONDS: Auto dealer bonds to help you comply with state laws pertaining to the running of a new or used car business.
E & O COVERAGES: Certain errors and omission coverages related to the operations of a new or used car dealers may include: Truth in Lending/Leasing Liability, Federal Odometer and Prior Damage Disclosure Liability, and Title Errors and Omissions.
BIG or SMALL, we have the right policy for you!