Bradd Friel Insurance Agency — What is Garage Liability Insurance

1. Bradd Friel Insurance Agency — What is Garage Liability Insurance? Bradd Friel Insurance Agency , Your property and cars are not covered by the regular garage coverage. Garage liability insurance, as opposed to the ordinary policy, offers dealers and owners of auto repair shops piece of mind by protecting all the cars, personnel, and property. For instance, if a worker slips and hurts his leg at work, the insurance coverage will pay for all of the worker’s medical costs. Some insurance plans also cover dishonesty and fraud. For instance, the loss a shop owner has to endure as a result of a dishonest employee who stole the expensive company vehicles and equipment may be covered by the garage liability insurance policy liability.

2. Understanding Garage Liability : For coverage of workshop normal business activities, the workshop has garage liability insurance. It only functions, though, when accidents are brought on by garage activities. For instance, if an employee is hurt outside of work hours, the injury will not be compensated. It is crucial for company owners to review all the key clauses of the policy to understand how it will supplement the garage keeper’s coverage. Keep in mind that garage liability insurance is not a substitute for general liability protection. Additionally, you have the option to purchase coverage that would compensate you for any losses you sustain as a result of fitting your client’s car with subpar components or installing subpar equipment. Verify that neither the insured nor the store owner are the intended beneficiaries of this insurance. As a result, do not anticipate the policy to provide coverage for your homes, businesses, or other properties. There are many levels of coverage for garage insurance.

3. Garage Liability Insurance and Garage Keeper’s Coverage :The distinction between garage keepers’ coverage and garage liability insurance must be made. The latter provides insurance as long as the customer’s vehicles are handled by the business owner. This implies that general liability will cover any losses if the vehicle is damaged while it is being used. You will require two insurance if you operate more than one garage or service station in the same or separate cities (or more, depending on the number of shops you have). The theft and destruction brought on by a dishonest employee are also covered by the policy. The daily activities of the workshop, garage, service station, and vehicle repair and maintenance shop are the only ones covered by garage liability insurance. Although not required, this policy is strongly advised for individuals who require more security. Every owner of a garage or business must have general liability insurance. Purchasing a garage insurance policy would extend your coverage alternatives.