The very nature of the auto broker side of the business dictates that the sales transaction needs to take place between a retail car dealer and a buyer. The auto broker helps source the vehicle to be purchased but never actually buys or sells the car or truck. So how could an auto broker be found liable for doing nothing more than making the introductions between buyer and seller?
Related FAQs
The California DMV insurance does not require proof of insurance to get or keep your used car dealer license. Even though it is not mandatory, getting insurance can save you quite a lot of trouble in your day-to-day operations.
Garagekeepers Coverage is designed to protect against claims arising from physical damage to vehicles owned by others that are left in your care, custody, or control. This includes vehicles that are being serviced, repaired, stored, and test-driven. This is an optional coverage that can [...]
We personally assist each of our insureds with a loss control survey in order to minimize or remove risk exposures.
In rare instances, collision losses affect more than one dealership vehicle at the same time. For example, let’s say a motorist loses control of their vehicle in front of your dealership and collides with six or seven dealership vehicles. With the aggregate deductible in [...]
