Used Auto Dealers Garage Property & Liability Insurance

CEMIC provides Garage Liability and Physical Damage/Dealers Open Lot coverage for the target market of small Texas independent used car dealers. The program also covers property directly affiliated with the used car business, (offices, storage buildings, etc). Specific coverages include Garage Liability Coverage, Garage Keepers Liability, Dealers Physical Damage, Specifically Described Automobile Coverage, Medical Payments, Uninsured Motorists, Personal Injury Protection, False Pretense, and Commercial Property Coverage.

In addition to Garage Property and Liability Insurance CEM Insurance Company is also licensed to provide Surety Bond Coverage as required by the Texas Department of Transportation. Before an individual can become authorized to own and operate a non-franchised auto dealership in the State of Texas, he/she must file an application with the Texas Department of Transportation, which includes a required surety bond with a face amount not less than $25,000 as required by Texas Statute § 503.033 Security Requirement.

For more information, or to receive a quote, please contact our underwriting staff at (972) 855-3566.

Click here to download an application:

Also see information regarding Used Auto Dealers Surety Bonds.