When people bring vehicles to auto repair shops, garages, or towing companies for repair or maintenance, they trust these professionals to protect their cars from damage. As service providers, your clients are liable for the vehicles’ safety while in their care. Unfortunately, accidents can and do happen, making both garage liability and garagekeepers liability necessary to protect your clients from financial loss.
Your clients may have this question when they discuss insurance options with you. Explain that each of these policy types provides distinctive protections. Information regarding each plan helps your clients choose the coverage that is right for them. A garagekeepers plan pays for damages that may occur to customer’s cars while on-site. Garage liability covers the business operations.
This policy protects your clients when accidents occur on their properties that cause damage to customers’ vehicles. This coverage mitigates owner risks by paying for expenses associated with these types of mishaps and unexpected events.
Standard insurance of this kind covers bodily injury or property damage that happens during regular business operations. It is a must for car dealerships, repair shops, and other similar organizations. This kind of policy pays the legal fees and expenses related to the defense of lawsuits. It protects your clients against third-party legal claims but does not cover the car.
For companies that work servicing vehicles, both garage liability and garagekeepers liability are applicable policies. To avoid gaps in coverage, you should recommend that your clients choose both plans. The following businesses benefit from this strategy:
Garagekeepers insurance safeguards auto service companies by protecting their customers’ vehicles while on-site. When used in conjunction with garage liability coverage, the two plans work together to provide a comprehensive solution for your customers.