Garage Insurance For Used Car Dealers
Garage insurance for used car dealers is very similar to that of used auto insurance. There are a few differences between the two though. Some things are protected in different ways. Also, there are a few things covered that aren't necessarily covered anywhere else. Read on to find out what's covered and not covered when you're shopping for used car dealer insurance.
The most common items that are insured is a car's valuable content such as jewelry and electronics. However, most policies will also include other types of items in addition to these that are worth more than the car itself. They call these items "total loss" coverage and they're required by law. Essentially, this means that if your car is damaged or stolen and all of the contents are lost along with it, you'll be paid for it. So be sure to ask about total loss coverage before buying a policy.
Another item that's usually included in garage insurance policies is personal property. This means things like tools, motorcycles, gardening equipment, yard equipment, furniture, antiques, and even sports equipment like golf clubs and tennis equipment. Again, be sure to find out about all of the coverage options that are available before buying a policy. There may be things that are automatically added as part of the fee or as part of a promotion but you should be aware of what's included and what's not. If you have items in your garage that you no longer use, be sure to note them down and get rid of them as soon as possible.
Another type of coverage that is sometimes included with garage insurance for used car dealers is public liability. This will protect the business from claims made against it by customers, employees, or suppliers. For example, if you were working at a car wash and your car was involved in an accident, your insurance company could make a claim against the business. Your insurance would cover your expenses for repairing your vehicle as well as any medical bills you may be faced with because of injuries. This could include more than just repairs to your car though.
When you're shopping around, be sure to ask about any warranties or repairs that might come with your insurance policy. If there's Insureinfoq on the equipment itself, be sure that you understand exactly what it covers and what you'll need to do to maintain it. The same goes for any fluids or supplies that came with the vehicle. If you're purchasing a brand new machine, be sure you know exactly what you're looking at. Just because it was previously owned by a manufacturer doesn't mean you can't have it repaired or service it under their warranty.
Ask to take a test drive if you're buying from a private dealer. While this isn't usually required, it does give you a great opportunity to smell the motor and get a feel for the vehicle. If you're buying from an online source, don't be afraid to ask questions. While the site may have all of the information you need, you'll still get a better feel for the automobile through questioning the salesperson. It's also a good idea to talk about any parts that you're concerned about and see if they'll fix them or replace them with something else.
If you're purchasing used cars that have been previously owned, be sure to check over the entire history. This will tell you what happens to the odometer, how many owners owned it, and anything else pertinent. You want to know exactly what has happened with the vehicle so you can make an informed decision about purchasing it. Also, make sure you look at any receipts or other documents relating to repairs done before you make your purchase.
Lastly, be sure to check over your coverage thoroughly before you leave the lot. Many used car dealerships will have separate policies for their garage insurance so be sure to look over that before you sign anything. Also be sure you know how much collision protection you're getting. While many people think this is optional it really isn't and should always be included. If you aren't getting coverage in place for this factor, be sure to ask the salesperson why this isn't in place and what you can do to get it.