Transform Your Dealership's Future with Garage Liability Coverage
Cost Considerations and Coverage Options
The cost of garage liability insurance varies based on several factors, including the size of your dealership, the types of vehicles you sell or service, and your business's claims history. On average, small dealerships can expect to pay between $1,000 and $3,000 annually for basic coverage, while larger operations may see premiums upwards of $10,0002.
When browsing options, it's essential to consider the coverage limits and any additional endorsements that might be necessary for your specific business needs. For instance, you might require coverage for employee dishonesty, false pretense, or even cyber liability if your dealership handles a significant amount of digital transactions.