Dealers Insurance
Definition of "Dealers insurance"
Coverage on an all risks basis, subject to listed exclusions, for personal property of the insured dealer that is used in normal business activities. Goods that have been sold on an installment basis contract upon leaving the care, custody, and control of the insured dealer; furniture and fixtures used in the business activities of the insured dealer; money; securities; and items that are in the process of being manufactured are generally excluded from coverage.
Popular Insurance Terms
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Determination of: property covered, property excluded; perils covered, perils excluded; location covered, location excluded; time period the policy is in force;persons covered, persons ...
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Legislation mandating that factors taken into account in the calculation of premium rates for automobile insurance include the insured's driving record, annual miles driven, and years of ...
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