Car dealer insurance
out of 5 customer review rating and 200,000+ policies sold
Fully protect your business and your employees with auto dealer insurance.
Auto dealerships, like all businesses with employees, are typically required by states to have workers’ compensation insurance. At biBerk, we provide tailored car dealer insurance at savings of up to 20%. Specifically, our workers' compensation insurance for car dealers protects employees financially if they’re injured or become ill at work. And getting information or purchasing a policy is easy. Just complete a simple form online or speak with our licensed insurance experts to get a fast, free quote. Plus, with biBerk, you can purchase car dealer insurance, manage it, and report claims online for ultimate convenience.
Why does your company need auto dealership insurance?
You have too much at stake to run a car sales operation without auto dealership insurance. And there are too many ways for your employees to get injured. Slips, trips, and falls, getting hit by moving vehicles, and other hazards can result in minor to significant injuries. That’s why workers’ compensation insurance for auto dealerships is essential—not to mention that it is almost certainly required by your state. The right car dealership insurance coverage protects you from significant financial risks. That's true for all dealerships, and it is especially critical in certain settings. Take luxury and specialty auto dealers, for example. When you operate in the high-end market, having adequate workers' compensation insurance signals that you run a serious, professional, and stable business.
Second slide Being prepared with your proof of insurance is essential. It ensures that when opportunities arise to work with high-net-worth clients or attend prestigious events, your business is ready to proceed without hesitation or compliance-related delays. This preparedness reinforces the trust and confidence that are vital in the luxury market.
It ensures that when opportunities arise to work with high-net-worth clients or attend prestigious events, your business is ready to proceed without hesitation or compliance-related delays. This preparedness reinforces the trust and confidence that are vital in the luxury market.
Our auto dealer insurance covers vehicles sales organizations, including:
- Auto dealerships
- Motorhome dealerships
- New car dealerships
- Used car dealerships
What is covered under biBerk car dealer insurance? Real-world examples.
Workers' compensation insurance provides a crucial financial safety net for several common workplace incidents. The goal is to help your employee recover while protecting your business from legal and financial risk.
Example 1: A slip on the lot
A salesperson is walking a customer through the lot on a rainy day, slips on a wet patch of pavement, and fractures their wrist when they fall. In this case, your workers' compensation policy can cover the employee's immediate medical expenses, like the emergency room visit and X-rays. It could also cover the cost of ongoing physical therapy and provide partial wage replacement benefits if they are unable to work for a period of time while they recover.
Example 2: An injury in the business office
An employee in the finance department trips over a computer cord and sprains their ankle. Your workers' compensation policy can cover the medical bills for their examination and treatment, such as an ankle brace or crutches. If a doctor instructs the employee to stay home and rest for several days, the policy can also provide wage replacement benefits to help them avoid losing income while they are unable to work.
Get a car dealer’s insurance quote
What will you pay for a car dealer's insurance policy to cover workers’ comp claims? That depends on several factors, including the size of your company, your claims history, and others. You can get an instant, self-service, car dealer’s insurance quote online whenever it’s convenient. We make it simple to get your car dealer insurance quote.
Factors that affect insurance costs for car dealers: a deeper dive
Workers’ compensation is a critical type of commercial insurance for car dealerships. Several factors influence your workers' comp premium. The size of your total payroll is one of the most significant elements, as a larger staff generally corresponds to higher potential risk. Additionally, the specific roles your employees perform are critical. For instance, lot attendants who work around moving vehicles have a different risk classification than your sales and administrative staff, which is reflected in the final cost of your policy.
Your dealership's claims history also plays a vital role. A track record of frequent or severe workplace injuries will likely lead to higher premiums. Conversely, a clean history can help keep your costs down over the long term. Insurers also look favorably upon businesses that have proactive safety programs in place, such as documented training on lot safety and hazard communication. A strong, consistent commitment to workplace safety can positively impact your insurance expense. Understanding these factors is key to managing the cost of your car dealer insurance.
Insurance for auto dealers from a trusted provider
Workers’ compensation insurance is vital to your team members and is an essential type of car sales insurance. That’s why a highly respected company like biBerk is the place for insurance for auto dealers. A workers’ comp policy helps protect your business and any employee who is injured or contracts an illness on the job. It can cover medical costs, legal fees, and lost wages due to the injury. This type of car broker insurance can also pay a death benefit to the family of someone who dies at work.
Why biBerk for auto broker insurance?
We’re a nationally recognized brand. We’re also the experts when it comes to auto broker insurance—specifically workers’ compensation insurance for auto brokers and dealers.
Save time.
Get a quote entirely online or speak with one of our insurance experts right away for help getting a quote, buying a policy, or answering any questions you may have.
Save money.
We insure your small business directly, without a middleman or insurance broker, so we pass that savings on to you—up to 20% less than policies with other insurance companies.
Experienced.
We're part of the Berkshire Hathaway Insurance Group with millions of satisfied customers, more than 75 years of insurance experience, and $52.2 billion in paid claims in 2023.
How do I get car dealer insurance?
Protecting your auto dealership and your employees with the right workers' compensation insurance from a reliable business insurance provider is essential. We've streamlined the process so you can get the coverage you are required to have quickly and get back to business.
For larger franchise dealerships, the process is just as simple, though the stakes are often higher. Securing comprehensive workers' compensation coverage is a critical step in meeting your requirements. Having the right policy in place not only satisfies these obligations—securing your ability to expand—but it also demonstrates that you operate at the highest professional standard across your sales, service, and parts departments. We also bring clarity to managing risk across your entire operation. Your multi-department staff can be covered under one straightforward workers' compensation framework, simplifying what can often feel like an overwhelming process. This level of preparedness, including having your Certificate of Insurance ready, ensures smooth and rapid approvals with franchisors, financing partners, and vendors, preventing costly delays in your business.
Here’s how to get auto dealer insurance:
- Gather your information. To get an accurate quote, you'll need basic details about your business, including your total payroll and the number of employees in different roles (e.g., sales, service, administrative).
- Request a quote. You can get a fast, no-obligation car dealer insurance quote entirely online or by speaking with one of our licensed insurance experts.
- Review the policy. Look over the quote to ensure it accurately reflects your business operations and provides the protection your state requires.
- Buy your coverage. Complete your purchase online or over the phone. You can choose to pay your premium in full or in convenient monthly installments.
- Get proof of insurance. Once your policy is active, you can immediately access and download proof of insurance to have on file for compliance purposes. Following these steps makes getting car dealer insurance simple.
Frequently asked questions
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What type of coverage does a small car dealership need?
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Having the right coverage is essential, especially as an independent car dealer managing a small lot. Workers' compensation insurance, in particular, is a foundational part of running a credible and compliant business. Meeting this state requirement is crucial to running a successful business and growing your lot. Carrying the proper insurance demonstrates to lenders and regulators that you are a serious, professional operator, building confidence that can open doors to financing opportunities. Being prepared with a valid policy and a Certificate of Insurance (COI) also prevents delays with licensing or financing applications, ensuring your compliance is never in question. This is true whether you need new or used car dealer insurance. The most essential coverage for car dealerships is workers’ compensation insurance. In most states, this coverage is legally required as soon as you hire your first employee. It is designed to protect both your business and your employees by covering costs related to on-the-job injuries or illnesses, ensuring your team gets the care they need without putting your business's finances at risk.
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How do I get a car dealer insurance quote online?
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Getting a quote for workers' compensation is fast and straightforward. You can visit the biBerk website and fill out a simple online form with basic information about your dealership, such as payroll and number of employees. The entire process typically takes just a few minutes, after which you will receive a free, no-obligation quote. If you prefer, you can also speak directly with one of our licensed insurance experts to get a quote for car dealership insurance coverage.
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What factors affect the cost of auto dealer insurance?
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The premium for your workers' compensation policy is based on several key factors. The primary element is your total payroll, as a higher payroll generally indicates greater exposure to risk. Your dealership's past claims history is also important; a strong safety record can help lower your costs. Finally, the specific job classifications of your employees are considered, as different roles (e.g., sales vs. office staff) have different levels of risk associated with them.
Get a quote today.
See why getting small business insurance from biBerk is easier and more convenient. Obtain your free car dealer insurance quote from biBerk online.