Car Dealer Insurance Ontario
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Commercial general liability insurance or cgl for short is the foundation to any liability insurance program for business owners.
Car dealer insurance ontario. Many but not all. 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. Insurance is a costly but necessary evil for my dealership business while this statement is somewhat true you the customer may be able to influence your costs through aspects of dealership insurance that you are presently unaware of. The pbl dealership insurance program has been providing protection for new car dealerships for over 25 years.
Here is a quick guide on car trade ins work in canada. Ward strickland 613 226 1350 ext. 5 key types of coverage every auto dealer should consider commercial general liability insurance. Designed to protect new and used car dealers and heavy truck dealers.
Dealer plates and insurance. Dealerships primarily offer gap insurance for new cars but you might also get a pitch for it if the car you re buying is less than 3 years old especially if it is luxury car. During this time the complexity of the sector has grown substantially including the adoption of an array of technological advances. Johninbarrie on fri mar 04 2011 10 03 am.
I was driving a car from our lot a used car dealership company my boss said that the car is insured under the fleet policy and that i am fine. Car dealers sell used or new vehicles to the public. Dealer protection group dpg provides insurance for used car dealerships with a variety of options and choices. Shelley sawyer 613 226 1350 ext.
Established in 1918 binks insurance brokers has been the exclusive broker for the preferred dealer protection program in eastern ontario since 1982. For more information please contact. 3 years business or industry experience preferred acceptable claims history physical premises must be well maintained. However not many people know how trade ins work.
We have kept pace with these developments and are continually improving the scope and depth of our coverage. Trading a car in at a dealership is very common. Dealers are further required to successfully complete the automotive certification course. The accreditation body for all car dealers in ontario is the motor vehicle industry council.