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Proper insurance coverage protects your small business from unexpected circumstances and costs. Yet, according to the 2023 Hiscox Underinsurance Report, 75% of small businesses in the U.S. don’t ...
In the United States, a car dealership is a business that sells cars. A car dealership can either be a franchised dealership selling new and used cars, or a used car dealership, selling only used cars. In most cases, dealerships provide car maintenance and repair services as well as trade-in, leasing, and financing options for customers.
The company provides retail loan and lease programs through auto dealers for customers across the credit spectrum. [4] They also offer commercial lending products, such as retail floorplan, construction and real estate loans, or insurance for car dealerships. Before its acquisition by GM, the company ranked at 768 on the Fortune 1000. [5]
But there’s likely no single small business insurance policy that offers all the coverage your company needs. Most business owners have to purchase multiple policies to get the right protection.
Some dealers offer key protection, a separate insurance policy just for your keys. That, too, can easily cost more than $100, which is an unnecessary expense for an unlikely event.
With many similarities to the 2007–2008 financial crisis, credit was difficult to obtain, unemployment was rising & the economy was still in a transformation from a production-based economy to a service-based economy. Automobile dealers who still wanted to sell cars had to find a way to deal with the increasing price of vehicles relative to ...
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related to: car dealerships that offer insurance for small business prices based on moneycomparison411.com has been visited by 100K+ users in the past month
perfectfaqs.com has been visited by 100K+ users in the past month