Do you complete mechanical or body repairs on vehicles owned by others? If you do, you probably have thousands of dollars invested in tools and equipment. You need the proper garage insurance coverage for your business.
The proper insurance isn’t just about tools. The right policy will cover your customers’ vehicles while you are working on them, and while they are in your care.
Garage Insurance can provide coverage for;
Care, Custody & Control
As a garage owner, you are responsible for customers’ vehicles in your shop. Garage insurance provides protection for customers’ vehicles while in your care and control.
Negligence on the part of the garage or any employee must be present for garage policy to respond. This policy provides coverage when found legally liable for the loss or damage to the customer’s vehicle.
There are many endorsements that can be added to a garage policy including: Multiple Alteration, Open Lot Theft (Owned Vehicle and Customer’s Vehicle) and many more… Please note difference insurance companies offer different coverages. Talk to your broker to find out more.
What does your coverage come with?
A Garage Insurance policy can includes the following coverages;
Tools & Equipment
Commercial General Liability
Non – Owned Auto