Best's Underwriting Report

Automobile Dealers - New and Used - Retail


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Best's Underwriting reports describe the hazards and loss controls of nearly 600 businesses and municipal services. Each report includes a detailed description of the industry and identifies the hazards and loss controls for those companies. The Hazard Index of each report quantifies the degree of liability in applicable lines of insurance.

Report Date: 2/22/2023 2:32:04 PM
Report Type: Update
Report Description: The Automobile Dealers — New and Used — Retail report helps readers assess the insurance needs of businesses that sell new and used automobiles to the general public. Automobile Liability, Automobile Physical Damage, and Garage Keeper's Legal Liability are the lines of insurance coverage that carry the highest degree of exposure. Special exposures, among others, include defective automobiles requiring recalls, theft of new vehicles by car thieves, and accidents during test drives. Related reports include Automobile Body Repair Shops, Automobile Repair Shops and Oil Change Centers, Automotive Aftermarket Parts and Accessories Stores, Tire Dealers — Retail, and Towing and Recovery Services.        

 


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