Garage Liability 101: Legal Liability

As a garage or auto body shop owner, you require a specific insurance program that can effectively address the unique risks your business faces on a daily basis. A garage insurance policy does just that; with customized coverage options, you can secure a commercial insurance program specifically designed to fit the needs of your distinct garage or auto repair venue.

Before settling on a packaged policy, it’s vital that you understand each type of coverage available, how it can benefit your commercial venture and what the effect could be if you go without it. The first coverage you should be aware of is your legal liability options.

Garagekeepers Legal Liability:

This policy in particular covers the legal liability for garage shops, repair centers, dealers, etc.

Garagekeepers Legal Liability coverage protects a customer’s vehicle when you are keeping it at a covered location for parking or storing, or to perform service. Additionally it helps to protect your financial responsibility by providing protection in the event that a client’s vehicle is damaged by fire, theft, vandalism or collision.

In order to properly enroll in a Garagekeepers Legal Liability program the policyholder must select limits for the coverage; which will in turn determine the maximum amount of coverage available to you on a per-occurrence basis.

Imagine one car, or a garage full of cars, is damaged while in your care; where would you stand without the proper coverage? With Garagekeepers Legal Liability insurance, the total amount, by which you are covered, is based on the limit you choose. Most often, you can select from a variety of options depending on your location, however. Keep in mind that if you have more than one storage location, each venue must be listed and documented separately and will be issued its own insurance.

Interested in learning more about Garagekeepers Legal Liability? Contact the coverage experts at Wolpert Insurance to discover your specialized commercial insurance options today!