Garagekeeper Legal Liability Insurance
What is garagekeepers legal liability insurance?
Garagekeeper legal liability insurance protects your business against all the damages from the potential risks to the customer’s vehicle under your custody. This is important coverage for businesses providing automotive or towing services.
If you carry garagekeepers legal liability insurance, you get protected from liability when your customer vehicle gets damaged under your care while repairing, servicing, employee negligence, towing etc.
What businesses need garagekeepers legal liability insurance?
What type of protection do you get from garagekeeper legal liability insurance?
Garagekeepers liability vs. garage liability, which one do you need?
Both these terms are used interchangeably but differ from each other.
Garagekeeper liability is designed for those vehicles which you possess but don’t own. Like the vehicles of your customer that you have kept in your care. This coverage protects you against all the damages from possible risks to your customer’s vehicle while servicing, repairing, or till the time you retain it. This policy is critical for auto-related businesses to protect their daily operations.
Garage liability provides financial security against accidents leading to damages or bodily injuries during garage operations. For example, while driving your own vehicle you hit a customer’s property. This coverage covers you against such risks or the damage done to another vehicle (not the one you cause the accident with). It is a standard coverage that is requisite for vehicle service providers.
What properties are not covered in garagekeepers legal liability insurance?
What coverages are included in garagekeepers liability insurance?
- Location of business.
- Types of vehicles you service or keep in your care.
- Limit of coverage you choose.
- The number of vehicles you deal with each day.
- Medical expenditure
- Repair expenses
- Bodily injury
- Property damage
- Theft of personal items inside the customer’s vehicle.
- Damages to already faulty parts of the vehicle.
- Equipment that is not permanently installed in the vehicle, such as a car stereo.
- Bodily injury or property damage to the third party.
- Theft by employees.