“….WHAT ARE MY EXPOSURES?....”
It’s important to understand the exposures of your unique business & how to address the vulnerabilities
How To Determine your Exposures
Your exposure to liability and property damage losses is determined by your business plan and goals. Each dealer’s insurance plan should be designed to address the unique vulnerabilities of his/her operation. There are insurance products to extend from the rural mom/pop businesses to multi-location, state-wide ventures.
…WHAT ARE MY INSURANCE OPTIONS?...
Dealer Bonds .. Title Bonds .. Notary Bonds .. City Bonds
Premises Liability .. Auto Liability .. Garagekeepers Liability
Recreational Vehicle Liability
Excess Liability .. Cyber Liability .. Lessor’s Risk Liability .. Wrecker Liability
Damage to Rented Premises
Broad Form Drive Other Car .. Service Vehicle Liability
Medical Payments .. PIP .. UM/UIM Protection
Dealers Errors & Omissions
Directors & Officers .. Employee Practices Liability .. Workers Compensation
Crime Coverage .. Wrecker for Hire ..General Liability
Inventory Physical Damage .. False Pretense .. Cargo
Building .. Contents .. Inland Marine .. Rental Property .. Builders Risk
Flood .. Windstorm .. Theft .. Equipment Breakdown .. Signs
Business Income & Extra Expense
…HOW DO I MAKE REASONABLE CHOICES?...
That’s the easy question:
- Check out the Texas Independent Auto Dealers Association. The education available, as well as the state-level political influence, excellent legal direction, seminars, newsletters, are just a few of the benefits of being a TIADA member. Typically, TIADA members are among the most educated and successful of all Texas Independent Auto Dealers.
- Find an agent who specializes in insurance for the Independent Auto Industry. There are several in the State.
- Be completely honest with your agent. There are a few people with whom it is always good practice to be completely open and honest. Your attorney is one, of course, and honesty is usually the best policy in dealing with one’s spouse. Third on the list must be your insurance agent. It is most productive to arm your agent with all of the information. We cannot help our clients protect themselves if we don’t know the real story.
- Make time for annual reviews of your insurance portfolio to verify that it continues to reflect your operation and protection needs.
Mullen Insurance Agency Is Ready To Help
Our clients can rest assured, knowing our priority is providing a quality product with a competitive premium as we have done for the last thirty-three years. That goal remains and the chosen replacement products meet our standards and our clients’ needs.
Do not hesitate to contact me. I’m eager to receive your feedback, questions and comments. If you have specific subjects or insurance concerns you would like to discuss, please let me know. firstname.lastname@example.org or www.mulleninsurance.com.
If you’d like additional information on insurance for your business or you’d like to request a quote, please visit https://mulleinsurance.com/#Insurance-quote or give us a call at 972-681-6297.
MULLEN INSURANCE AGENCY, INC
If you found this article helpful, feel free to share it with others using the buttons below for social media, email or to print a copy.