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BASIC
Essential coverages to meet client demands
Includes:
STANDARD
When you also have equipment or operate from a store
All Basic plan benefits and:
PRO
Get protected against employment-related issues
All Standard plan benefits and:
*plus Workers Compensation
CUSTOM
When you have specific requirements
ALREADY INSURED?
We will take care of the switching hassle.
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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.
Used car dealers need insurance so you won't lose all your profits when your vehicle is lost, vandalized, or stolen. It also protects your business from the lawsuits when your customer complains that the car you sold is not up to par with their requirements - regardless if the allegation is true or false. The insurance will pay for the damaged car and the defense and court fees, thus protecting your business and even your personal assets.
Below are some common risks used car dealers can face:
One of your customers complains that the car you sold them is faulty. They claim that it has cost them a lot of money for the repairs in just under three months. Your customer sues your used car dealership for the damages.
A part-time employee has stolen some of your car accessories amounting to $10,000. Your employee has been caught, but the stolen amount hasn't been recovered.
There is no fixed cost for insurance for used car dealers, as insurance carriers assess this depending on the amount of coverage you need, the number of employees required, and the size of your business. If you want to find out the cost of your insurance fast, simply apply online and we'll send your free insurance quote in an instant.
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