Texas Dealership Insurance

Dealership Insurance is one of the most complicated insurance policies to understand. Every policy is unique based on the type of operation and where the dealership is located. The Expert Agents at Barbee Jackson Insurance can help. We work with all the leading garage liability insurance carriers to get our clients the coverage they need to the best price. Call today to get you Insurance Quote…(850) 389-2001

Dealer Insurance Program Eligibility

  • Car Dealers Sales & Service
    Franchised and Non-Franchised Dealerships who primarily sell new and used cars
  • Marine Sales & Service
    Franchised and Non-Franchised Dealerships who primarily sell and service watercrafts
  • Recreational Vehicles Sales & Service
    Franchised and Non-Franchised Dealerships who sell motorcycles, golf carts, motorhomes, fifth-wheels, campers and all-terrain vehicles
  • Semi-Truck Sales & Service
    Franchised and Non-Franchised Dealerships that specialize in large commercial vehicle sales and service
  • Construction & Farm Equipment Sales & Service
    Franchised and Non-Franchised Dealerships that specialize in farm equipment sales and service

Texas Dealership Insurance Requirements

The State of Texas requires all dealerships to maintain a two (2) Surety Bond, also known as a Dealer Bond, and Garage Liability Insurance in the amount of $85,000 Combined Single Limit.

What is Garage Liability Insurance? The standard policy is designed to cover bodily injury and/or property damage that arises from a covered claim, such as a car accident from a test drive. The garage liability policy is split into two (2) basic coverages, Auto and Other than Auto.

More on Texas Garage Liability

What is a Surety Bond?

Program Highlights and Optional Coverages

  • Garage Liability Insurance
  • Surety Bond (Also referred to as a Dealer Bond)
  • Physical Damage Insurance – Blanket Dealers Open Lot up to $5 Million Dollars
  • Garagekeepers
  • Scheduled Auto’s – Tow Trucks and Service Vehicles
  • Business Interruption
  • Workers Compensation
  • Errors and Omissions
  • False Pretense Coverage
  • Diminished Value Coverage
  • Employment Practices Liability
  • Employee Benefits Liability
  • Furnished Auto Endorsement - Learn more Here Furnished vs Non-Furnished Auto

Protect Your Investment with our Dealers Open Lot Coverage.

Many car makers offer their franchise owners the opportunity to purchase comprehensive insurance packages to protect their new vehicle inventories, however many independent dealerships are not aware they can purchase the same insurance to protect their inventory.

Living in Texas it’s not uncommon for a hurricane, tornado, windstorm, hail, theft, flood, or large thunderstorm to cause extensive damage to the dealerships inventory. That’s why it is important to protect your investment, as you would your house, against natural and un-natural potential losses. Image if a flood destroyed your dealership tomorrow. Do you have the money in the bank to reinvest in your inventory? Could that loss potential put you out-of-business? In most cases the answer is YES and that’s why you must protect your inventory with Dealers Open Lot Coverage.

Learn More by clicking on our Blog - Dealer Open Lot

Call today to get started (850) 389-2001

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Amanda Avera

Courtney was awesome in every way. I’m knew to all of this and she helped explain everything to me definitely will continue business for years to come customer service matters the most ❤️

Adriana Jamie

Very quick and efficient. I would highly recommend for your commercial needs. 😊 Dana is very professional and easy to work with

Veronica Bravo

They have been very quick, nice and professional whenever I need a change or question to be answered. One of the employees Nick is awesome. He gets back to you in a timely manner and explains all the changes to your policy before finally submitting anything. I highly recommend going to them for insurance