Garage liability insurance is a policy that covers bodily injury or property damage caused by an incident out of garage operations.
Garage keepers liability coverage will be either direct or legal and.
These policies are for employers who make a living working on cars.
The garage liability policy is one of the most misunderstood types of business insurance policies.
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.
Garage liability insurance is an absolute necessity for the owner of a car dealership a local mechanic a tire dealer or a company doing oil changes.
Garage keeper s liability coverage is an optional but recommended insurance coverage for business owners that store customer s vehicles.
It is a unique type of policy and many seasoned professional insurance agents don t really understand it well.
Garagekeepers coverage is what protects the vehicles you are working on but ensuring you have the correct garage keepers coverage will save you from surprises and headaches when an accident does occur.
Garagekeepers liability coverage.
The two terms garage liability and garagekeepers liability should always be discussed with anyone owning any sort of auto repair business i e.
It is specifically beneficial to have for a business that provides either towing service or parking service.
Legal liability garagekeepers coverage only covers a loss when a tech or mechanic is legally liable for a loss.
Entities that cause water pollution can be held liable for cleanup.
The difference between garage keeper s legal liability gkll and direct primary coverage is that garage keepers will provide coverage to a vehicle if it is damaged due to the insured s negligence and direct primary covers the vehicle regardless of fault unless specifically excluded by an endorsement.
This kind of coverage also includes the ownership and use of the autos as well as maintenance.
As such this policy.
Attached to the garage liability policy one often finds a coverage called garagekeepers insurance.
Auto body shop or car dealership.
Covers bodily injury and property damage related to an accident arising from garage operations including ownership maintenance or use of the.
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.
Financial and legal responsibility for causing contamination to oceans rivers lakes or streams.
