As a new car franchise dealer or an independent car dealer, there are certain best practices that you need to follow to ensure the success and sustainability of your business. One of these best practices is to shop your commercial insurance at least every two years. This is important because the insurance industry is constantly changing, and you need to ensure that you are getting the best coverage at the best price. Plus the last thing you need is any surprises when and if you ever have to file a claim.
Shopping your commercial insurance can be a complex time-consuming and frustrating process. You have to gather all the necessary paperwork, fill out forms, and send them to various insurance companies. This can take up valuable time that could be better spent running your business. Not to mention, as your dealership grows, it can often grow out of the current policies you have in force, leaving your empire vulnerable to very costly litigation. Fortunately, there is now a faster and easier way to shop your commercial insurance.
Dealersure is an industry disrupter and offers a "push button" streamlined process for shopping your commercial insurance. You can visit their website at www.dealer-sure.com and upload the same paperwork you would normally send to your current insurance agent each year. (Dealersure takes competitors applications) This will save you time and make the process much easier.
From a profitability standpoint, there are several ways you will make more money. The first way is by enjoying significant savings simply by cloning your existing insurance coverages for less money. The second way is through a profit share program we set up with properly licensed dealers. The third way is by removing extra or duplicate coverages you may not even be aware that you are paying for.
The bottom line is that Dealersure, at the very least will help keep your current providers honest and ensure you're properly protected. A free and friendly review of your existing policies will ensure that you're not paying too much or worse that you're underinsured and exposed to risk, or over insured and giving money away for no reason. It is not uncommon to find that dealers are paying twice for the same insurance that is simply bundled differently across your insurance portfolio.
Did you know that our conglomeration of agent partners is now the fastest growing agency network in the nation: Collectively we represent more than $8 Billion in new written premiums per year with access to over 100 Carriers. Our carriers also have an AM Best Financial Strength Rating of "A" (Excellent)
If you have any questions, or would simply like to start the discussion, feel free to reach out to us anytime. And yes, our insurance platform is licensed in all 50 states.
In conclusion, shopping your commercial insurance at least every two years is a best practice that all new car franchise dealers and independent car dealers should follow. It can save you time and money, and help you ensure that you have the best coverage for your business. Dealersure offers a faster and easier way to shop your commercial insurance, so visit their website at www.dealer-sure.com today to learn more. Give us a shot, and take back control of out of control insurance costs.