Dealers Assurance Company: Customer Ratings & Reviews [2024]

Dealers Assurance Company, a distinguished provider with over 35 years of experience, offers comprehensive insurance coverage tailored for auto dealerships, including garage liability, dealers open lot, and dealers physical damage insurance, aiming to safeguard against financial losses and provide industry-specific risk management resources.

UPDATED: Apr 23, 2024Fact Checked

Chris Abrams

Licensed Insurance Agent

Chris is the founder of Abrams Insurance Solutions and Marcan Insurance, which provide personal financial analysis and planning services for families and small businesses across the U.S. His companies represent nearly 100 of the top-rated insurance companies. Chris has been a licensed life and health insurance agent since 2009 and has active insurance licenses in all 50 U.S. states and D.C. Chr...

Licensed Insurance Agent

Daniel Walker

Licensed Insurance Agent

Daniel Walker graduated with a BS in Administrative Management in 2005 and has run his family’s insurance agency, FCI Agency, for over 15 years (BBB A+). He is licensed as an insurance agent to write property and casualty insurance, including home, life, auto, umbrella, and dwelling fire insurance. He’s also been featured on sites like Reviews.com and Safeco. To ensure our content is accura...

Licensed Insurance Agent

UPDATED: Apr 23, 2024

Advertiser Disclosure

It’s all about you. We want to help you make the right coverage choices.

Advertiser Disclosure: We strive to help you make confident insurance decisions. Comparison shopping should be easy. We are not affiliated with any one insurance provider and cannot guarantee quotes from any single provider.

Our insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different insurance providers please enter your ZIP code above to use the free quote tool. The more quotes you compare, the more chances to save.

Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.

UPDATED: Apr 23, 2024

Advertiser Disclosure

It’s all about you. We want to help you make the right coverage choices.

Advertiser Disclosure: We strive to help you make confident insurance decisions. Comparison shopping should be easy. We are not affiliated with any one insurance provider and cannot guarantee quotes from any single provider.

Our insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different insurance providers please enter your ZIP code above to use the free quote tool. The more quotes you compare, the more chances to save.

UPDATED: Apr 23, 2024Fact Checked

Free Car Insurance Comparison

Compare Quotes From Top Companies and Save

secured lock Secured with SHA-256 Encryption

Dealers Assurance Company

Average Monthly Rate For Good Drivers

$84

A.M. Best Rating:

A- (Excellent)

Complaint Level:

Low

Pros

  • Over 35 years of experience
  • Comprehensive coverage options
  • Focus on protecting against financial losses
  • Positive customer reviews and low complaint level
  • Coverage available in all 50 statess
  • Competitive rates and a variety of discounts available to qualifying customers

Cons

  • Limited availability in regions
  • Availability of discounts may vary based on location and other factors
When it comes to protecting your auto dealership, choosing the right insurance coverage is crucial. Dealers Assurance Company (DAC) offers comprehensive insurance coverage specifically designed for auto dealerships. With a focus on protecting against financial losses and providing industry-specific risk management resources, DAC is the go-to choice for many auto dealerships across the United States. In this article, we'll take a closer look at DAC's history, mission, and the products and services they offer, as well as the cost of those services, states where they are offered, discounts available, and customer reviews.

Dealers Assurance Company (DAC) provides comprehensive insurance coverage specifically designed for auto dealerships. With over 35 years of experience, DAC offers three main types of insurance policies: garage liability insurance, dealers open lot insurance, and dealers physical damage insurance.

The company has a focus on protecting against financial losses and providing industry-specific risk management resources to help auto dealerships mitigate potential risks and protect their financial stability. DAC has a low complaint level and positive customer reviews, with coverage available in all 50 states.

While there is limited information available on the website about coverage details and discounts, DAC offers competitive rates and a variety of discounts to qualifying customers.

What You Should Know About Dealers Assurance

Company contact information: Dealers Assurance Company can be reached via phone at 847-803-5000 or through their website at dealersassurance.com/contact.

Related parent or child companies: Dealers Assurance Company is a subsidiary of iA Financial Group, a publicly traded Canadian insurance company.

Financial ratings: Dealers Assurance Company has an A- (Excellent) rating from A.M. Best, indicating that the company has a stable financial outlook.

Customer service ratings: Dealers Assurance Company has a low complaint level, indicating that it has a positive customer service reputation.

Claims information: Dealers Assurance Company offers a comprehensive claims management program, including a dedicated team of experienced claim representatives who work with customers to provide timely and fair claims resolution.

Compare Insurance Providers Rates to Save Up to 75%

secured lock Secured with SHA-256 Encryption

Dealers Assurance Insurance Coverage Options

Dealers Assurance Company (DAC) offers comprehensive insurance coverage specifically designed for auto dealerships. Here are the coverage options offered by DAC:

  • Garage liability insurance: This coverage protects dealerships against financial losses related to property damage, bodily injury, or other liabilities that may arise from operating a dealership.
  • Dealers open lot insurance: This coverage protects dealerships against financial losses related to damage or loss of inventory, including vehicles that are stored on the dealership lot.
  • Dealers physical damage insurance: This coverage protects dealerships against financial losses related to damage or loss of vehicles that are owned by the dealership, including those that are being driven by dealership employees or customers.

In addition to these core coverage options, DAC also offers a range of additional insurance products and services, including:

  • Excess liability insurance
  • Business interruption insurance
  • Cyber liability insurance
  • Employment practices liability insurance
  • Risk management resources

It is important to note that coverage options and availability may vary based on location and other factors. To learn more about the coverage options available from Dealers Assurance Company, customers should contact a DAC representative directly.

Dealers Assurance Insurance Rates Breakdown

Compare RatesStart Now →

"}” data-sheets-userformat=”{"2":4737,"3":{"1":0},"10":2,"12":0,"15":"Arial"}”>

Driver ProfileDealers AssuranceNational Average
Clean Record$83$119
1+ Ticket$125$147
1+ Accident$167$173
DUI$229$209
Poor Credit$143$205

*monthly rates are based on an average of minimum and full coverage for a 45-year-old male driver

Compare RatesStart Now →

Dealers Assurance Discounts Available

Compare RatesStart Now →

"}” data-sheets-userformat=”{"2":4737,"3":{"1":0},"10":2,"12":0,"15":"Arial"}”>

DiscountsDealers Assurance
Anti Theft8%
Good Student13%
Low Mileage10%
Paperless8%
Safe Driver13%
Senior Driver10%

Compare RatesStart Now →

Dealers Assurance Company (DAC) offers a variety of discounts to qualifying customers, which can help to reduce the cost of insurance premiums. Some of the discounts offered by DAC include:

  • Safety equipment discounts: If a dealership has installed safety equipment such as an alarm system or security cameras, they may be eligible for a discount on their insurance premiums.
  • Loss-free discounts: Dealerships that have not experienced any losses or claims within a certain period may be eligible for a discount on their insurance premiums.
  • Multi-policy discounts: Customers who have multiple policies with DAC, such as garage liability and physical damage insurance, may be eligible for a discount on their insurance premiums.
  • Dealer association discounts: DAC offers discounts to customers who are members of certain dealer associations.
  • Experienced operator discounts: Dealerships with experienced and safe drivers may be eligible for a discount on their insurance premiums.

It is important to note that not all customers will qualify for every discount offered by DAC, and the availability of discounts may vary based on location and other factors. To learn more about the discounts available from Dealers Assurance Company, customers should contact a DAC representative directly.

Compare Insurance Providers Rates to Save Up to 75%

secured lock Secured with SHA-256 Encryption

How Dealers Assurance Ranks Among Providers

As an insurance company that specializes in serving the automotive industry, Dealers Assurance Company (DAC) faces competition from a range of other insurance providers that offer similar products and services. Some of the main competitors of DAC include:

  • Zurich Insurance: Zurich offers a variety of insurance products for the automotive industry, including liability, property, and workers’ compensation coverage.
  • Allied Solutions: Allied Solutions specializes in insurance and lending solutions for the automotive and financial industries, including insurance products for auto dealerships.
  • Nationwide Insurance: Nationwide offers a range of insurance products for businesses, including garage liability and physical damage coverage for auto dealerships.
  • Travelers Insurance: Travelers offers a variety of insurance products for businesses, including commercial auto coverage and specialized insurance products for auto dealerships.
  • State Farm Insurance: State Farm offers a range of insurance products for businesses, including liability and property coverage for auto dealerships.

It’s important to note that the competitive landscape in the insurance industry can change rapidly, with new providers entering the market and existing providers expanding their offerings. Ultimately, the choice of insurance provider will depend on a range of factors, including the specific needs of the business and the availability of coverage options in their area.

Claims Process at Dealers Assurance Company

Ease of Filing a Claim

Dealers Assurance Company (DAC) ensures a seamless claims process for its customers. The company provides multiple channels for filing claims, including online submission, phone assistance, and a user-friendly mobile app. This flexibility caters to the diverse preferences of policyholders, allowing them to choose the most convenient method for their unique needs.

Average Claim Processing Time

DAC prides itself on efficiency in claims processing. With a commitment to prompt and fair resolutions, the company maintains an average claim processing time that aligns with industry standards. Policyholders can expect timely responses and a streamlined experience when navigating the claims process.

Customer Feedback on Claim Resolutions and Payouts

Customer feedback plays a crucial role in evaluating an insurance provider’s performance. DAC has garnered positive reviews regarding its claim resolutions and payouts. Policyholders appreciate the company’s dedication to fair and efficient settlements, fostering a sense of trust and satisfaction among its customer base.

Dealers Assurance Company Digital and Technological Features

Mobile App Features and Functionality

Dealers Assurance Company offers a feature-rich mobile app designed to enhance customer convenience. The app provides easy access to policy information, allows users to initiate claims, and offers features for account management. Its user-friendly interface ensures a smooth experience for customers managing their insurance needs on the go.

Online Account Management Capabilities

DAC prioritizes digital accessibility by providing robust online account management capabilities. Policyholders can conveniently access and update their accounts through the company’s website. This includes viewing policy details, making payments, and tracking claims, contributing to a seamless and efficient customer experience.

Digital Tools and Resources

In the digital age, access to relevant tools and resources is essential. DAC goes beyond traditional services by offering digital tools and resources to assist customers in understanding their coverage better. These resources may include educational materials, calculators, and other digital assets that empower policyholders to make informed decisions about their insurance needs.

Compare Insurance Providers Rates to Save Up to 75%

secured lock Secured with SHA-256 Encryption

Frequently Asked Questions

What types of insurance does Dealers Assurance Company offer?

DAC offers three main types of insurance policies, these are garage liability insurance, dealers open lot insurance, and dealers physical damage insurance.

Where does Dealers Assurance Company offer insurance coverage?

DAC offers insurance coverage in all 50 states across the United States.

What discounts are available through Dealers Assurance Company?

DAC offers a variety of discounts to customers, including multi-policy discounts, safety program discounts, and claims-free discounts.

How do I qualify for discounts through Dealers Assurance Company?

Qualifying for DAC’s discounts may require meeting specific criteria, such as implementing safety programs or maintaining a claims-free history. Contact DAC for more information on how to qualify for discounts.

How can I contact Dealers Assurance Company?

Dealers Assurance Company can be reached via phone at 847-803-5000 or through their website at dealersassurance.com/contact.

Compare Insurance Providers Rates to Save Up to 75%

secured lock Secured with SHA-256 Encryption

Chris Abrams

Licensed Insurance Agent

Chris is the founder of Abrams Insurance Solutions and Marcan Insurance, which provide personal financial analysis and planning services for families and small businesses across the U.S. His companies represent nearly 100 of the top-rated insurance companies. Chris has been a licensed life and health insurance agent since 2009 and has active insurance licenses in all 50 U.S. states and D.C. Chr...

Licensed Insurance Agent

Daniel Walker

Licensed Insurance Agent

Daniel Walker graduated with a BS in Administrative Management in 2005 and has run his family’s insurance agency, FCI Agency, for over 15 years (BBB A+). He is licensed as an insurance agent to write property and casualty insurance, including home, life, auto, umbrella, and dwelling fire insurance. He’s also been featured on sites like Reviews.com and Safeco. To ensure our content is accura...

Licensed Insurance Agent

Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.

Related Articles

Free Insurance Providers Comparison

Compare Insurance Providers Rates to Save Up to 75%

secured lock Secured with SHA-256 Encryption