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Auto Dealer Insurance protects dealerships from the financial risks tied to vehicle inventory, test drives, customer activity, employee actions, and daily operations. Dealer exposures are materially different from standard retail businesses and require specialized insurance programs.
Cogo Insurance provides Auto Dealer Insurance for independent dealers, franchise dealers, and commercial vehicle dealerships across the United States, including dealerships selling heavy-duty and medium-duty vehicles such as Volvo Trucks and Freightliner.
Auto Dealer Insurance is not a single policy. It is a coordinated set of coverages designed specifically for dealer operations.
Garage Liability is the foundation of dealer coverage. It protects against third-party bodily injury and property damage arising from dealership operations.
Covered exposures include:
Garage Liability is required for both passenger and commercial vehicle dealerships.
Dealers Open Lot insurance covers vehicles held for sale, whether owned by the dealer or held on consignment.
Covered losses typically include:
This coverage applies to vehicles on the lot, in storage, or temporarily off premises.
Commercial Auto covers dealership-owned vehicles used for:
Proper classification is especially important for commercial truck dealerships.
Garagekeepers Liability covers customer vehicles while in the dealer’s care, custody, or control.
This applies to:
Coverage can be written on a legal liability or direct primary basis.
Property coverage protects dealership assets, including:
Business Income coverage can be added to protect revenue after a covered loss.
Workers Compensation covers employee injuries arising out of employment.
Dealer risks include:
Coverage is required in most states.
Many dealerships add additional protection based on operations and ownership structure.
Common optional coverages include:
Cogo Insurance structures these coverages to avoid overlap and gaps.
Auto Dealer Insurance is designed for:
If you sell vehicles, specialized dealer coverage is required.
Dealer insurance requires precision and experience.
We protect inventory, operations, and ownership.
Certain components such as Commercial Auto and Workers Compensation are required by law. Others are required by lenders, manufacturers, or landlords.
It covers vehicles held for sale against damage from fire, theft, vandalism, and weather.
Yes, when written correctly, it covers dealership exposure during test drives.
Yes. Inventory value, vehicle size, and operational exposure require different underwriting.
Yes. We review limits, classifications, exclusions, and compliance with manufacturer and lender requirements.
