Step-by-Step Guide: Renewing Your Garage Liability Insurance Without Delays

Garage liability insurance is essential for auto dealerships. It protects your business from claims involving customer vehicles,

property damage, accidents on the lot, and employee-related incidents. Renewing your policy on time ensures your dealership remains compliant, operational, and protected.

At All American Bonds and Insurance, we specialize in auto dealer insurance and help dealerships renew quickly and efficiently. Here’s a step-by-step guide to renewing your garage liability insurance without delays.

1. Start Your Renewal Early

Most garage liability policies are renewed annually. Begin the process 30–60 days before your policy expires to prevent coverage lapses.

Tips:

• Mark renewal dates on your calendar

• Contact your insurance agent early

• Gather current policy and business information

2. Update Your Business & Operational Details

Insurance carriers require updated information to correctly assess your risk and set your premium. This includes:

• Updated driver list with licenses

• Number of employees and drivers

• Updated sales volume and inventory values

• Any new business locations or services

• Past claims history

Providing accurate information upfront avoids processing delays.

3. Review Your Coverage Limits

Dealerships evolve over time. Renewal is the perfect opportunity to ensure your coverage matches your current operations.

Consider reviewing:

• Garage liability limits

• Dealer Open Lot coverage

• Physical damage coverage

• Hired & Non-Owned Auto coverage

• Tow truck or transport vehicle coverage

Adjust coverage if you have expanded your business or increased inventory.

4. Shop Rates if Needed

If your dealership has changed, your premium may increase or decrease. A qualified agency can compare carriers to ensure competitive pricing without compromising coverage.

5. Pay on Time to Avoid Gaps

A lapse in coverage can leave your dealership exposed to:

• Licensing penalties

• Fines or DMV issues

• Claims that occur without coverage

Always pay your renewal before the expiration date to maintain uninterrupted protection.

6. Keep Documentation Accessible

After renewal, store your updated insurance certificates:

• In your office

• Digitally for easy access

• Attached to your dealer license records if required by your state

Renew Your Garage Liability Insurance with Confidence

At All American Bonds and Insurance, we help dealerships nationwide renew their garage liability insurance quickly and accurately. Our experts guide you through the process, ensuring no delays or lapses.

Get your fast renewal or quote today at QuickerBonds.com and keep your dealership protected and compliant.