The weather can be highly unpredictable at times, and it can be even harder to predict when hail will start falling from the sky. Hail can do severe damage to anything it falls on, with hailstones ranging from the size of tiny pebbles to baseballs or even bigger. Car dealerships, in particular, can be at extreme risk in these situations and may experience millions of dollars in damages from a single storm.
Discover the various inventory hail protection options available and how car dealerships reap the rewards from these forward-thinking investments.
Read the full article or jump to a specific section:
- Why You Should Protect Your Inventory From Hail
- Ways to Protect Car Dealerships From Hail Storms
- Benefits of Using VPS Hail Structures
Why Should Car Dealerships Protect Inventory From Hail?
Car dealerships have multiple concerns regarding safeguarding their inventories, including theft, UV rays, harsh weather, and accidents. One of the biggest and most unpredictable threats to car dealerships is hail. Most people looking for a new car most likely don’t want a car with dozens of dents and dings in it, or they may be cautious about buying a previously hail-damaged car. To protect their business and provide the best service to customers, car dealerships must make hail protection a priority.
Below are a few reasons why protecting business inventory from hail is so essential.
Avoid Damage Costs
Protecting the cars within dealership lots from unpredictable and damaging hail will help businesses avoid unnecessary repair costs. While insurance may help cover most of these costs, car dealerships are still at risk of losing large sums of money during these disasters.
Some states are more at risk than others — Texas, Nebraska, Minnesota, Kansas, and South Dakota are five states that experience the largest number of hail events every year. However, hail events are becoming more common, with the total number of hail reports in recent years falling just above the United States yearly average. Most notably, the size of hail is increasing, with 15% of severe hail in 2023 being larger than 2 inches.
With the potential for increased hail storms and larger hailstones, car dealerships need to protect their inventory to lower damage costs now more than ever.
Lower Insurance Risk
With the increased risk of damage caused by hail storms and the rising cost of auto repairs, insurance for car dealerships can be harder to maintain. It is important for businesses to take matters into their own hands and protect their car inventory from hail. Thanks to adequate hail protection, car dealerships may be able to lower the cost of their insurance premiums, as they’ll have less risk.
Keep Profits Safe
Hail is an unforgiving natural phenomenon that affects car dealerships as much as everyone else. Most car dealerships have large quantities of expensive inventory on-site at all times, and hail can cause catastrophic losses for these businesses. In some cases, profits may already be slim for car dealers, and just a little bit of hail damage can slim them down further and compromise business longevity.
