What Is Garage Keepers Insurance Coverage

Garagekeepers legal liability coverage is an optional coverage designed for business owners who offer towing services or operate service stations.

What is garage keepers insurance coverage.

It s a form of bailee liability whose purpose is to protect your client s car van truck or motorcycle while you have it in your garage for parking storing or performing. Types of garage keepers insurance the two main types of garage keeper s coverage are garage liability insurance and garage keeper s policy. 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. 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 keeper s coverage is mainly applicable to service stations car dealerships repair shops and tow truck drivers. Garagekeepers legal liability insurance provides protection in case a vehicle is damaged by fire theft vandalism or collision. 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 liability is not garage keeper coverage.

Covers bodily injury and property damage related to an accident arising from garage operations including ownership maintenance or use of the. What is a garage keepers insurance policy. Garagekeepers coverage is an optional line offering protection to the garage business for loss to a customer s auto left in the insured s care custody or control. The difference between garagekeepers and garage liability insurance.

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 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. Simply put garage keepers insurance or garagekeepers legal liability coverage is available for businesses that have service repair stations body shops or towing services. As such this policy.