I am starting a small auto wholesale business - selling used cars to other dealers. My licence and my dealer plates are from WA but I am doing business out of my home in MA. No lot, no garage.
WA does not require insurance on dealer plates but because I am a MA resident I must comply with general MA auto liability requirements.
All I need is auto liability for the dealer plates but I am having hard time finding a policy in either MA or WA. The agents I spoke with offered auto liability as an option for the garage policy, and insurance companies seem to be confused by the fact that I don't have a garage. The cross-state situation seems to be another confusing factor.
I am also now considering the self-insurance option via a bond or a cash deposit.
Any advise on finding a policy or a self-insurance bond will be much appreciated.
WA does not require insurance on dealer plates but because I am a MA resident I must comply with general MA auto liability requirements.
All I need is auto liability for the dealer plates but I am having hard time finding a policy in either MA or WA. The agents I spoke with offered auto liability as an option for the garage policy, and insurance companies seem to be confused by the fact that I don't have a garage. The cross-state situation seems to be another confusing factor.
I am also now considering the self-insurance option via a bond or a cash deposit.
Any advise on finding a policy or a self-insurance bond will be much appreciated.