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Auto Repair Insurance Coverage’s

Garage Keepers Liability

Garage Keepers Liability coverage is designed to offer protection for business owners who take possession of customer’s vehicles. This coverage is specifically designed to protect customer vehicles while they are kept at the business location for parking, storage or to perform maintenance or services.

There are two types of Garage Keepers Liability coverage that are available:

  • Direct Primary Coverage – Coverage for a business, even if the loss is not the business’s fault nor are they legally liable.
  • Excess Coverage – Additional coverage over the limit of coverage that the vehicle owner/customer has from his/her own insurance company. This will pay if the customer does not have Automobile Insurance.

Limits

  • Purchasing the right amount of insurance is tough to determining but we have got you covered. The best way to determine what insurance limit is adequate is to take the average value of the vehicles in your care and multiply it by the average number of vehicles in your care at any given time.
  • For example, if the average value of your customers’ vehicles is $30,000 and you tend to have 10 vehicles on hand, then you should select a limit of $300,000.

Garage Liability Insurance

Garage Liability Insurance covers your businesses legal liability for claims of bodily injury (BI) and property damage (PD) arising out of your business operations.

Property Insurance

Commercial Property Insurance exposure from fire comes from the oils, solvents, or other flammables, which must be properly labeled, stored and separated. Welding exposures are often a part of the operation and need to be evaluated for proper handling of the tanks and gases, as well as adequate separation from the other operations with either a separate room or flash/welding curtains.

Crime & Theft

Crime exposures are from Employee Dishonesty and money and securities. All ordering and inventory control should be handled by different individuals in order to have adequate checks and balances. There should be inventory control procedures in order to prevent employee theft. Cash should be maintained by a cashier with money regularly deposited.

General Liability

General Liability also known as premises liability from the exposure of slips and falls by customers. There is also the attractive nuisance of cars in the parking lots. Customer waiting areas should be provided and customers must not be permitted in the garage area. Lots should be well lighted, with chains in place to prevent entrance after hours. Products liability concerns stem from vehicles that are not properly repaired. Check-off procedures should be in place.

Environmental Liability

Environmental Liability impairment exposures exist from the disposal of used oils, solvents and other hazardous wastes. Disposal procedures need careful review.

Automobile Liability

Automobile Liability exposures are from errand running to pick up needed supplies. All drivers should have valid licenses and their MVRs regularly checked. If towing takes place, a more serious exposure exists. All tow drivers must be experienced in towing. Vehicles must be regularly checked, in particular the hoists and tow bars.

Workers Compensation

Workers Compensation exposure by injuries to employees. This coverage provides medical and wage replacement benefits to employees injured in the course of employment.

Employee Tools

Employee Tools provides protection for your employees who own their own tools. Our garage insurance program can provide you with this important coverage.

Equipment Breakdown

Equipment Breakdown provides coverage for loss due to mechanical or electrical breakdown of nearly any type of equipment, including your lifts and mechanical equipment.

Allied Insurance Managers, INC.