What Does A Garage Keepers Policy Cover

Garagekeepers coverage coverage provided under a garage policy for auto and trailer dealers particularly those dealers that maintain a service department or body shop for liability exposures with respect to damage to a customer s auto or auto equipment that has been left in the dealer s care for service or repair for example.

What does a garage keepers policy cover.

This coverage is not included in a standard garage liability policy. Garage keeper s insurance definition businesses that keep non employees vehicles on their property require garagekeeper s liability insurance to protect those vehicles against accidental damage. It doesn t cover physical damage to customers cars left in your care such as for service repair or storage. A garagekeepers insurance policy protects you if a customer s vehicle is damaged while it is at your business.

For other types of auto related businesses such coverage is available under the. 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 garage policy had evolved since its introduction in 1987 from a form of coverage designed to be written for a variety of auto related businesses to a policy intended for use only with auto dealerships including their related service operations. In a nutshell garage keepers liability coverage aims to protect your business and your customer s vehicle if something unlikely happens while it is under your possession.

Garagekeepers coverage filling in the gaps mentioned above garagekeepers offers coverage directly to the vehicle left in the business care no matter if that car is simply being parked or being left with your business for repairs. It protects customers vehicles from damages while in your possession or control as a result of. 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. Garage keepers garage liability insurance has one major exclusion.

Additionally this policy is comprehensive meaning it will provide diverse coverage other than collision or overturn. If you run a body shop and a cutomer s vehicle is damaged while in your hands your business is responsible to pay for repairs.