New Car Dealer Insurance

Get business insurance with optimized coverage to meet your exact needs

Ready! We will provide the best Aon products and service for your business needs

Prefer to speak with a CoverWallet consultant? Call (646) 844-9933 anytime.

  1. Homepage >
  2. Industry >
  3. Retail >
  4. New Car Dealers

Better, Regardless of Your Size

  • Get an instant insurance quote for new car dealers

    Need to find out the cost of your insurance quickly? That's easy! All you have to do is sign up online, answer a few questions and your insurance quote will be delivered to you right away! Apply today!

  • Hassle-free insurance processing for new car dealers

    All it takes is just a few minutes to get a quote and purchase your insurance policy. Our mobile-friendly website can get your business insured in a flash.

  • Protect your business without breaking the bank

    We have developed insurance plans unique to new car dealers. This way we are able to provide better coverage with lower monthly fees than traditional insurance policies offer.

  • Hassle-free, professional service for your dealership

    We've got you covered. We protect your business according to your needs and budget, making sure that your business is covered every step of the way.

Coverage Plans for All Your Needs

BASIC

Essential coverages to meet client demands

General Liability (GL)

From
39
Month
Instant quote »

Includes:

  • Coverage against claims from bodily injury, property damage and personal injury
  • Coverage for products/completed operations
Get BASIC plan

STANDARD

When you also have equipment or operate from an office

General Liability + Property (bundle them with a BOP)

From
49
Month
Instant quote »

All Basic plan benefits and:

  • Bodily injury
  • Damage to third party property
  • Business personal property
  • Personal injury
  • Lost business income
  • Equipment breakdown
Get STANDARD plan

PRO

Get protected against employment-related issues

Business Owners Policy (BOP) + Workers Compensation*

From
49
Month
Instant quote »

All Standard plan benefits and:

  • Coverage for work-related accidents and disease and subsequent:
    • Ongoing medical care (such as rehab)
    • Missed wages during recovery

*plus Workers Compensation

Get PRO plan

CUSTOM

When you have specific requirements

Including Business Interruption, Garage Keepers Liability, etc.

From
___
Month
Instant quote »

ALREADY INSURED?

We will take care of the switching hassle.

Call us at (646) 844-9933 for help and more information

We've Got You Covered with Coverage You Need

Business Owners Policy (BOP)

A specialized form of insurance policy, Business Owners Policy (BOP) combines Commercial Property and General Liability insurance in one package. This is perfect for small to mid-sized businesses as these packages offer savings over buying them separately. You can also add miscellaneous coverages to streamline your premium even more.

Workers Compensation

Workers' Compensation insurance protects your employees against employment-related illnesses and injuries. It is a state-mandated program that will pay for medical expenses, rehabilitation fees and lost wages of the employees who have been sick or injured because of their job. In return, they give up the right to sue for employer negligence if these incidents occur.

Crime

Every business regardless of its size is a potential target of crime. Crime insurance can help your business survive after a business crime-related loss. It covers the loss due to theft, forgery, funds transfer fraud, computer fraud, credit card fraud, and other related risks.

Product Liability

Product Liability insurance helps cover the cost when the cars you sold provide any damage to your customers, financially or physically. It can also cover for when the product has caused third-party property damage to another. It provides protection against financial loss due to the covered risk.

Act Now, Get Protected Easily, Quickly and Affordably

See how much you could be saving, with best in class insurance partners.

Start your application and get a free quote in minutes.

Or call (646) 844-9933 anytime.

Get protected easily with CoverWallet

Frequently Asked Questions

Why do New Car Dealers need insurance?

Most new car dealers think that purchasing insurance is not necessary because the cars are new. What could go wrong? A lot, even for new car dealers. And when something goes wrong with the new car your customer purchased, make sure that you have insurance, to protect your business from the risks. Otherwise, you are responsible for all expenses out of pocket.

What risks do New Car Dealers face?

New car dealers face the same risks as all other businesses. Below are some examples:

  • The car your customer bought is faulty, causing an accident due to the defect. While the manufacturer is responsible for the loss, you are responsible for selling the product to the customer.
  • Your employee is hit by a car while driving outside of the showroom. As the employer, you are responsible for medical expenses, rehabilitation, and lost wages for the employee.
  • Your dealership is robbed. Money is stolen and cars are vandalized. You are responsible for all losses.

How much does New Car Dealer Insurance cost?

The cost of insurance for car dealers will depend on several factors. Most of the time, insurance companies will determine the cost based on the size of your business, the number of employees you have and the coverage required. To know what is the cost of your insurance policy, apply online to get a free quote or talk directly to our insurance experts.

Peace of Mind, At Your Fingertips

CoverWallet utilizes state of the art technology to help small businesses understand and buy customized coverage, get significant savings and conveniently manage their insurance, in a matter of minutes, all through our online platform.

why coverwallet

Businesses Love CoverWallet

Our mission is to help small businesses to be better protected, informed and served. See what our customers are saying.

Testimonial John White

Personalized Service

5 stars service

John White, Restaurant Owner

I didn’t know what type of insurance I needed for my new business so I called CoverWallet and the agent provided me with everything in under an hour!

Testimonial Laura Campbell

Quick and Easy!

5 stars service

Laura Campbell, Distributor

There is nothing more that CoverWallet could have done to make the process any faster or easier. They made it as painless as possible.

Testimonial Anthony Williams

Honest and Transparent

5 stars service

Anthony Williams, Contractor

I was extremely satisfied with all services and communications with customer support. I would definitely recommend to others. Thank you CoverWallet!

We are making headlines!

Already insured?

No worries, keep your insurance, just get an account with us to manage your policies, certificates of insurance and more

Get CoverWallet »

Need help? Get free advice

Understand in 10 seconds what type of insurance your industry needs, and why

Insurance Assessment »

The Power Behind CoverWallet

Algorithms, Science, Magic
Customized, Intelligent Application
Endless Experience!

Algorithms, Science, Magic!

You wanted better protection and cheaper pricing. So did we. We baked that dream into everything we've set out to accomplish in building our award winning platform.

Customized, Intelligent Application

We have one! How much could we have really improved the insurance purchase process? Try us! We ask only the questions you need to answer, nothing more.

Endless Experience!

We are proud to be part of Aon, the leading global professional services firm providing advice and solutions in Risk, Retirement and Health. With us, you’re in good hands!

Are you ready to get down to business?

Start your application and get a free quote in minutes or call (646) 844-9933 anytime.