If an insured operates a dealership, which policy would they need for fire loss coverage on vehicles for sale?

For a dealership that operates by selling vehicles, a Standard Garage Policy #4 is specifically designed to provide coverage for various risks associated with the automotive business, including fire loss coverage on vehicles that are for sale. This policy covers both the building and the personal property of the dealership, as well as the vehicles in their possession for sale.

Having a dedicated garage policy is essential for protecting the inventory of vehicles and the operational facilities, thereby ensuring that the dealership can recover from losses due to fire or other specified perils. This is particularly important in a dealership setting, where vehicles are often valuable assets and at risk due to their nature, location, and the activities that occur on the premises.

In contrast, the other options do not provide the appropriate coverage for vehicles for sale. The Non-Owned Automobile Policy typically covers vehicles that are not owned by the dealership but are being operated by employees or representatives. The Standard Owners Policy and Standard Drivers Policy are more focused on personal vehicle coverage and individual driver liabilities, which do not align with the specialized needs of a dealership's inventory. As a result, the Standard Garage Policy #4 is the correct choice for the dealership's fire loss coverage.