Your APV4 Garage Policy, reviewed by an advisor who’s read three decades of them.
ICBC writes your auto inventory and APV4 Garage Policy — that’s a BC monopoly. Everything wrapped around it — CGL, property, equipment breakdown, EPL, cyber, crime, pollution — we shop the private market every renewal. It starts with a free APV4 Gap Audit.
ICBC writes the Garage Policy. We shop everything around it.
ICBC writes your auto inventory and APV4 Garage Policy — that's a BC monopoly. Everything wrapped around it — CGL, property, crime, equipment breakdown, EPL, cyber — we shop the private market every renewal. When a carrier tightens its appetite on dealer property or commercial liability, we move you.
What an APV4 Garage Policy & commercial wrap-around covers.
Your full commercial program, one anniversary date
Managed under a single renewal date and shopped across our commercial markets, so each line follows the best fit instead of one insurer’s appetite.
- APV4 Garage Policy — full review, declared values
- Floor-plan endorsement (APV4AA) review — finding the gaps before a claim does
- Commercial General Liability (CGL) — slip-and-falls, customer injury, third-party damage
- Commercial property — buildings, tenant improvements, signage, tools, parts inventory
- Equipment breakdown — hoists, lifts, compressors, diagnostic gear when they fail
- Employment Practices Liability (EPL) — wrongful dismissal, harassment, discrimination claims
- Cyber — customer financial data, lender documents, payment exposure
- Crime / employee dishonesty — internal theft, parts shrinkage, cash exposure
- Pollution liability — fuel, oil, refrigerant spills from shop operations
- Fleet and courtesy-vehicle plates and insurance
Second-opinion review & pre-launch setup
For dealers who want our expertise without switching everything over — or for new dealerships about to open. Everything except the in-person plate work. It starts with the free APV4 Gap Audit.
- APV4 Garage Policy review — second opinion on your existing program
- Care/Custody/Control (CO) factor audit — most dealers don't audit this, premiums leak
- Fleet claims strategy — review history, advise on which to absorb vs. submit, protect long-term discount
- APV16 Temporary Operating Permits issued by email
- Pre-launch fleet insurance setup for new dealerships — ducks in a row before opening day
Most advisors learn what voids a Garage Policy after a claim.
What quietly voids your Garage Policy
Declared values that drifted below the inventory on the lot, a floor-plan endorsement that never matched the financing, property limits set years ago. The coverage looks fine on paper until a claim tests it. We put these gaps in writing during the Gap Audit — before they cost you.
Floor-plan exclusion (APV4AA)
If your lender insures your financed floor-plan stock, the APV4AA endorsement excludes those units from your Garage Policy’s own-damage coverage — comprehensive and specified perils — which lowers your premium. The catch: the lender’s policy usually won’t cover a financed unit once it’s in operation, plated or not, or once it’s modified. That’s the gap, and it’s exactly what the Gap Audit checks.
Employee averaging (APV4AH)
If your headcount swings with the season, the APV4AH endorsement lets you stop reporting every change mid-term — your premium is set on last year’s average employee count instead. For a lot that staffs up in spring and trims back in winter, that’s less paperwork and a fairer premium. We flag whether it fits how you actually run.
Built for EV rooftops
EV inventory values move with mid-year MSRP cuts — declared values and property limits can drift out of line in a single quarter. Charging hardware, high-voltage tooling, and battery storage carry property and liability exposures most garage policies were never set up for. We review all of it. EV dealers are a segment we're built for.
Eight questions worth asking before your next renewal.
These are the questions a dealer principal should be able to answer about their own program. If any of them aren't a clear yes, there's a gap somewhere worth a half-hour conversation.
Garage-policy questions dealers ask.
Do you also write our garage policy and CGL, or just plates?
Both. Prime is an independent brokerage with full ICBC Autoplan appointment for plates, transfers, and the APV4 Garage Policy. For everything wrapped around it — CGL, property, equipment breakdown, EPL, cyber, crime, pollution, business interruption, and fleet programs — we work with a broad panel of Canadian commercial markets.
That said, our experience is that dealers usually start with plates and Autoplan first, and move the commercial program over once we've earned it. That's how the relationship in 1992 started, and how most of our current dealer relationships started too.
Can you review my existing Garage Policy without us switching brokerages?
Yes. We call it the APV4 Gap Audit — our Tier 2 service. Send us your APV4 declarations, your floor-plan endorsements, your employee count and plate count, and we'll tell you where the gaps and the leaks are.
Some audits stay a Tier 2 review. Some become Tier 1 over time, the way the 1992 dealer did. Either is fine. Either way, you'll walk away knowing exactly where your program stands.
We're opening a new rooftop. Can you set up the program before we open?
Yes — and you should. Setting up garage, CGL, property, fleet, and demo-plate insurance the day you open is too late. We line everything up before opening day so the day-one transactions are covered properly. New rooftops are one of our specialties.
Find the gaps before a claim does.
The APV4 Gap Audit is a free, half-hour review of your plate count, employee count, floor-plan endorsement, and property limits against what you actually run on the lot. No switching, no obligation — we put the gaps in writing and hand them to you.
Call 604-582-0557Turn up. Stay on your side of the table. Never cut a corner that puts your dealership at risk.
Looking for on-lot plates and ownership transfers? See For Auto Dealers.