Are the contracts concluded years ago still up-to-date and appropriate? An expensive annoyance is the double or even triple insurance coverage or “overinsurance”.
The subject of insurance is neither new nor particularly exciting for the dealership entrepreneur. But it is worthwhile – and is existential in an emergency – to fetch the insurance folder every year from the farthest corner of the filing cabinet, to dust it off and to check the current contracts, the level of insurance cover and the completeness.
Because the risk of damage is omnipresent for the car trade and is therefore extremely high. He should not only secure his employees, customers and the company building including all systems, but also his own fleet and customer vehicles in the workshop and on the company premises.
And in the event of a claim at the latest, the person concerned must ultimately find out, which is painful and costly, if under certain circumstances he is checking his insurance cover or determining the actual need under
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