Automobile accidents are a growing and expensive liability for dealerships, mainly due to distracted driving and a legal concept called negligent entrustment.
Many garage liability policies do not offer coverage for incidents of negligent entrustment and business auto policies may not provide enough coverage. Juries often award the plaintiff punitive damages in excess of any compensatory damages resulting from negligent entrustment.
About the Speakers:
Going Beyond Automotive
Valent Group specializes in dealership risk management and insurance. Learn more at valentgroup.com/dealers/auto.
This blog and its contents are not intended to be exhaustive nor should any discussion or opinions be construed as legal advice. Readers should contact legal counsel for legal advice.