For auto dealerships and repair shops, having the right insurance coverage is essential. One type of coverage that is often needed is garage liability insurance.
What is Garage Liability Insurance?
This type of insurance provides both general liability and auto liability coverage for businesses that operate a garage. It covers legal liability for claims of bodily injury and property damage arising from business operations.
At Elite Insurance and Beyond, we specialize in providing garage liability insurance to auto dealerships, tow-truck operators, service stations, parking lots or parking garage operators, and other businesses that need this type of coverage.
What is the Difference Between Garage Liability and Garage Keepers Coverage?
Garage keepers insurance is a separate policy that covers the property damage to a customer’s car while it is in the care of the policyholder. This can include damage during road test drives and while storing the vehicle during non-working hours.
Why Do You Need Garage Insurance?
Garage insurance protects businesses from a variety of liabilities faced by garage owners and repair shops. This can include customer slips and falls or damages resulting from faulty work. With just one accident, a business can face a lawsuit that could damage it beyond repair. That’s why it’s important to have accurate and sufficient coverage in place.
If you operate an auto dealership, automotive repair shop, body shop, muffler shop, transmission shop, or auto service center, you likely need garage insurance. This type of coverage is particularly important if you have a physical location such as a garage, parking lot, or storage area used to repair or store vehicles.
Why Choose Elite Insurance and Beyond for Garage Liability?
Our insurance policies are designed to add an extra layer of protection to your general liability policy and help protect your business from financial loss due to unforeseen events. We have years of experience providing customized insurance packages to meet the unique needs of businesses in a variety of industries.
It’s important to note that garage liability insurance is not the same thing as garage keepers coverage.
What Other Coverages Might You Need?
In addition to garage liability insurance, there are other coverages that garage owners might need. These can include garage keepers legal liability, which protects against physical damage to a customer’s vehicle while it’s in your care, custody, and control, commercial auto insurance, and workers’ compensation insurance, which covers your employees’ medical costs and a portion of their lost wages should they become ill or injured on the job.
At Elite Insurance and Beyond, we understand that navigating the world of commercial insurance can be confusing. That’s why we’re here to help answer any questions you may have and provide you with the best coverage options to meet your needs. Contact us today to learn more about how we can help protect your business with garage liability insurance.