What Is Garage Keepers Insurance Coverage

Garage keepers insurance is a separate policy that covers the property damage to a client s car while it is in the care of the policyholder.

What is garage keepers insurance coverage.

A basic garage liability insurance policy is designed to cover bodily injury or property damage caused by an accident during garage business operations garage liability coverage is typically purchased by automobile dealerships and repair shops among other businesses. Garage keeper s coverage is mainly applicable to service stations car dealerships repair shops and tow truck drivers. The difference between garagekeepers and garage liability insurance. What is a garage keepers insurance policy.

Garage liability is not garage keeper coverage. Types of garage keepers insurance the two main types of garage keeper s coverage are garage liability insurance and garage keeper s policy. Garagekeepers liability insurance covers sums you must legally pay as damages for loss to a customer s auto or its equipment left in your care while you are attending servicing repairing parking or storing it in your garage operations this term means the use of locations for the purpose of a business of selling servicing repairing parking or storing. Garage keepers insurance also called storage location insurance in certain us states essentially provides protection or insurance against any damage to a vehicle by theft vandalism collision or fire.

Garagekeepers legal liability coverage is an optional coverage designed for business owners who offer towing services or operate service stations. Covers bodily injury and property damage related to an accident arising from garage operations including ownership maintenance or use of the. Simply put garage keepers insurance or garagekeepers legal liability coverage is available for businesses that have service repair stations body shops or towing services. Garage liability serves as a hybrid policy commercial general liability with a bit of commercial auto coverage that s specific to garage operations and auto dealers.

Garagekeepers coverage coverage provided under a garage policy for auto and trailer dealers particularly those dealers that maintain a service department or body shop for liability exposures with respect to damage to a customer s auto or auto equipment that has been left in the dealer s care for service or repair for example. As such this policy. Garagekeepers legal liability insurance provides protection in case a vehicle is damaged by fire theft vandalism or collision. Garagekeepers liability coverage.