Businesses that handle customer's vehicles need Garage Insurance or what is commonly referred to as Garage Liability Insurance in addition to its Commercial General Liability Coverage. It is typically purchased by businesses such as car dealerships, repair shops, tow truck drivers and service stations and covers property damage and bodily injury resulting from the operations of an auto garage.
Typically it might not cover accidents and damage to cars that are brought into the shop, and could cover vehicles that are owned by the shop. It basically provides coverage for the day-to-day operations of a garage.
Why Garage Insurance?
Businesses incorporate this coverage into their policy in order to limit personal liability otherwise an accident that exceeds the Commercial General Liability Insurance coverage of the business might wind up costing the owner out-of-pocket money.
To find out more about Garage Insurance, contact Massey, Clark, Fischer, Inc. today!