Garage Keepers Insurance Form
It helps pay for claims associated with medical expenses liability costs and structure repair expenditures as a result of the incident.
Garage keepers insurance form. Garage keepers insurance massinsurers proudly offers specialized garage keepers insurance. Garagekeepers coverage legal liability only this endorsement modifies insurance provided under the following. 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 a service. Garage liability insurance is an absolute necessity for your auto clients.
What options are available for garage keepers liability insurance. Used in garage business non owned autos ject collision excess perils specified primary comp direct basis legal liability garage keepers liability products comp op agg general aggregate personal adv injury med exp any one person each occurrence damage to rented premises ea occurrence general liability commercial general. Protects your customers vehicles while they are under your custody. Garagekeepers legal liability insurance provides protection in case a vehicle is damaged by fire theft vandalism or collision.
It is safe to say that this policy safeguards your client s goods which in this case is the vehicle against unwanted instances that might arise during. Once it s determined the coverage is appropriate to your situation a discussion as to level of protection is in order. By the very definition of garage liability the coverage is in a sense the equivalent of combining a business auto form with a commercial general liability form including products and completed operations. What is garage keepers insurance.
Now that we know who should purchase a garagekeepers endorsement it s time to talk about the options available. Garage keepers liability insurance. Garagekeepers liability coverage. This means it s a combination of a business auto form and a general liability insurance.
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. Commercial general liability coverage part schedule limit of insurance each location. Simply put garage keepers insurance or garagekeepers legal liability coverage is available for businesses that have service repair stations body shops or towing services. U029a 0913 includes copyrighted material of insurance services office inc page 1 of 4 with its permission.