Coverage for the regular activities of a garage may be found under an umbrella policy known as garage liability insurance. This additional insurance coverage will strengthen the company's general liability policy. Towing and labor costs, property damage, and personal harm from garage activities are all covered.
Garage liability coverage should supplement the company owner's existing general liability insurance rather than serve as a substitute for it.
Injuries sustained by clients on the premises are covered up to the policy's maximum. Theft or vandalism of a customer's vehicle by an employee is covered under the employee dishonesty section of most garage insurance policies. You may include company vehicles, courtesy vans, and parts delivery trucks for additional costs. Coverage for loss due to defective components put on a customer's vehicle is an example of supplementary protection that may be offered.
Garage insurance does not protect the policyholder's equipment, structure, personal or company belongings. It does not protect against theft, vandalism, or natural disasters like hail. The commercial insurance does not cover accidents or damage to client vehicles while they are on the premises for servicing. Annual or per-claim maximums may be indicated for the total liability coverage provided by the policy's basic and supplemental components.
A wide range of protection is available from commercial general liability (CGL) insurance products. Coverage for the building itself is an option, shielding the company against lawsuits filed there while it is open for business. Coverage for injuries and damage to property that may occur as a consequence of manufactured goods is also possible.
