There are a few types of insurance that will likely be important to you as a car dealer, and which ones you need will vary slightly depending on your situation.
All car dealerships in the UK must have road risk motor trade insurance as a legal minimum to operate. This covers any potential claims made against you as a result of accidents when moving your vehicle stock on the road.
You may also need specific cover for other facets of your business. For example, if you have employees you will need employer’s liability insurance, and if you maintain cars as part of your business you’ll need garage liability insurance to protect you from any issues caused to customers’ cars.
Your customers will likely want to test drive their cars before they buy too, meaning that trade plate cover will be needed to protect them, and you, in case of any accidents.
Policies can also be adapted to cover other specifics such as cyber threats, property insurance, and interruption to your business.