Car dealers have a variety of property risks that can be mitigated with business insurance.
Like most businesses, car dealers likely have a building and other valuable commercial property that need to be protected with insurance. In addition, you face property risks associated with your inventory and your interaction with the general public.
Your inventory can be damaged in any number of ways, from windstorms and hail to vandalism and customers simply touching and testing the vehicles on your lot. Weather is one of the more serious concerns for your inventory. If one vehicle is damaged in a hailstorm, chances are every vehicle on your lot has sustained damage.
Understanding the different ways your inventory can suffer loss will lead to understanding the coverage you need.