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Common Dealer Bond Claims and How to Protect Your Dealership
Dealer bond claims can cost your dealership money and jeopardize your license. Common claims include delayed title transfers, unpaid trade-ins, misrepresentation, warranty violations, odometer or VIN errors, and failure to remit taxes or fees. Protect your dealership by implementing clear policies, using a Dealer Management System (DMS), maintaining thorough documentation, and training your staff on compliance. Working with experts like All American Bonds and Insurance ensure

www.QUICKERBONDS.com
2 days ago3 min read
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Dealer Bond vs. Garage Liability Insurance: What’s the Difference?
Starting a car dealership requires both a dealer bond and garage liability insurance, but they serve different purposes. A dealer bond is required by the state and protects customers, ensuring your dealership follows regulations and operates honestly. Garage liability insurance protects your business from accidents, property damage, or injuries related to dealership operations. Together, these coverages keep your dealership compliant and financially secure. At All American Bo

www.QUICKERBONDS.com
Nov 42 min read
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