AVATAR #1: Wholesale-Only Dealer
This dealer has 5 years of industry experience and 3 years in business.
A Special Thanks to Our Customers!
First and foremost, thank you for giving us the opportunity to earn your business. We truly appreciate working with you!
YOUR CAR DEALER BOND (YCDB) continuously strives to deliver the absolute best resources to allow you to reach your full potential as a new or existing car dealer.
After years of operating as a producer of dealer bonds, our industry expertise empowered us to recently expand our product offerings to dealer insurance. We invite you to see how we can add more value to our relationship!
These videos briefly define certain details of used car dealer insurance and how it protects your business.
Here is our video on why Garage Keepers Covered is imperative if you are test-driving any potential inventory!
How Much Does Used Car Dealer Insurance Cost?
The annual premium, down payment, and monthly payments are tailored to each dealer’s specific information. The estimates below are just samplesÂ
Inventory Info: $3,500 Average Wholesale Value
The dealer has 3 - 4 cars at a time.
$ 154
99
Monthly -
Liability: $100,000 Limit
-
Uninsured Motorist: $60,000
-
Inventory Coverage: $20,000
AVATAR #2: Retail Dealer
This dealer has 10 years of industry experience and 5 years in business.
The owner is married and over 35 years old
Business Location is in San Diego, CA
This Dealer Has 1 full-time Employee
Inventory Info: $7,500 Average Wholesale Value
The dealer has 7-8 vehicles at a time.
$ 284
99
Monthly -
Liability: $1,000,000 Limit
-
Uninsured Motorist: $60,000
-
Inventory Coverage: $75,000
Take Advantage of our eBook Giveaway!!
We are giving away our Dealer Insurance eBook during the months of summer!
This eBook contains invaluable tips and tricks that explain how to set-up and build a successful dealership, boost your sales, and strategically enhance your business.
