Vehicle Dealer / Garage Insurance
Why Hecht and Hecht?
Hecht and Hecht Insurance Agency, Inc. specializes in Vehicle Dealer/Used Auto Dealer and Garage insurance. We have been doing so for 30 years. That is a long time. It has given us the opportunity to learn much about the "car" business; to be familiar with your business operations and to become knowledgeable about your insurance needs. We can tailor make your Dealer Insurance to your needs and shop for the most competitive price. Over that time we have established trusted and lasting relationships with many insurance companies, governmental agencies, auto dealer associations, and most important, OUR CUSTOMERS. "Service First" is our moto. Your business is our business.
A brief overview of insurance tailored for "used car dealers" follows.
Garage Liability is a hybrid insurance policy that provides the necessary general liability and premises liability coverages, as well as auto liability and physical damage for the owned or non-owned vehicles in their care, custody and control of business selling, servicing and or repairing vehicles. This unique policy can be tailored to cover the basic needs of a small one man operation to businesses with multiple locations and many employees.
Dealers Open Lot provides physical damage coverage on vehicles that are owned by your business. Physical damage includes collision and comprehensive coverage.
Garage Keepers Liability: If your operation does repair on vehicles that are not owned by the business it protects against damage to your customer's vehicle in your possession.
Auto Liability protects in the event of a lawsuit because of an accident.
False Pretense Covers losses in the event you are scammed or cheated as if someone goes on an authorized test drive and pretends to be someone else.
E & O Certain errors and omissions coverages related to the operations of used car dealers may include: Truth in Lending/Leasing Liability, Federal Odometer and prior Damage Disclosure Liability, and Title Errors and Omissions.