Business Insurance | Automotive Dealerships | Security 360 Automobile Dealership Program Hi-Lites

The coverage provided under this program has been created to meet the specific needs of Canadian automobile dealers. Some of the highlights include:

• Commercial General Liability
• Limited Pollution Liability
• Property:
  • Buildings, equipment and stock
  • Valuable papers and records
  • Plate Glass
  • Signs
  • Employee Loss of Tools
• Loss of Income
• Accounts Receivable
• Crime Coverage:
• This program also includes coverage in the event of employee dishonesty and includes loss of money and securities inside and outside the premises.
• Boiler & Machinery:
  • Coverage includes mechanical breakdown of equipment
• Special contingency Insurance:
  • Directors, officers and employees of the dealership can be covered for kidnap and extortion risks and certain related expenses.

OTHER OPTIONAL COVERAGES AVAILABLE

• Key Person Accident & critical Illness Insurance:
  • This coverage provides a benefit if a designated key person suffers from one of the specified critical illnesses or has an accident anywhere in the world, 24 hours a day, on or off the job.
• Garage automobile coverage includes:
  • Automobile Third party liability
  • Physical damage (owned and customer’s auto)
  • Floor Plan (optional)
• Lessor’s Contingent automobile protects dealerships or owner of vehicles leased to others:
  • Includes automobile Third Party liability
  • Physical damage (optional)
• Gap insurance
  

Designed for dealerships involved in leasing automobiles. This coverage compensates the lessor for the difference between the actual cash value of the outstanding lease balance in the event of a constructive total loss to the vehicle.