Garage Liability

Navigating Dealer’s Open Lot Insurance with Clients

With more than 45,000 used car dealerships in the U.S., more than 40 million used vehicles are sold each year.1 To protect the vehicle inventory, Dealer’s Open Lot insurance provides coverage for physical damage to a dealer’s vehicles and equipment. Car dealerships can vary from lot to lot, and are unique businesses that require tailored…

3 Questions to Ask When Placing Garage Liability Policies

The automotive repair and maintenance service industry is a $58 billion market.1 With a total of 227,630 automotive repair shops in the U.S. alone,2 businesses or “garages” associated with this industry need to be properly covered. “As a trend, we are seeing more and more standard carriers picking up Garage business,” Rebecca Roberts, Managing Director and…