Auto Dealership Insurance
Auto dealerships have much more to worry about than just moving cars off the lot. In an industry hit hard by economic shifts, inventory losses can quickly deplete profits and threaten a business’ long-term viability.
Auto Dealership Insurance
Auto dealerships have much more to worry about than just moving cars off the lot. In an industry hit hard by economic shifts, inventory losses can quickly deplete profits and threaten a business’ long-term viability.
Lloyd Sadd can help you manage the risks to your business — and protect your balance sheet. We are one of the largest providers of risk management services for auto dealerships across Canada. From the showroom to the garage, our in-house experts will evaluate all aspects of your business to identify where risks lurk and losses occur. From this information, we create a customized risk management plan to reduce losses and liabilities, protecting your staff, customers, and inventory.
In addition to our value-added risk management services, Lloyd Sadd will work with you on a customized insurance plan through our exclusive dealership insurance program. Our experts will make sure you’re well-covered with both specialized policies (like Garage Automobile Liability) and the general policies all businesses need (like Directors’ and Officers Liability). All of our clients receive preferred industry rates.
Our risk management services will help you to avoid making insurance claims. But in the worst-case scenario, our claims advocacy unit will help you navigate the complex process. We’ll act on your behalf to facilitate communication and remove speed bumps — from the initial loss reporting to final resolution.
With your dealership’s profitability at stake, you need strategic risk management and insurance solutions.