This can be a tricky policy to navigate. Make sure you talked to your trusted insurance advisor for a full review of what coverages you need and don’t need.
Customer
- Vehicle and trailer dealers
- Auto & equipment dealers
- Auto service & body shops
Coverage
- Damage to your customer’s vehicle while it is in your care
- Mechanics errors
- Property damage and liability while test driving a car
- Slips and falls
- Damage to vehicles or equipment on your lot
Cost Factors
- Type of operation
- Location of business
- Coverage and deductible limits chosen
- Endorsements chosen
- Value of vehicles in the businesses’ care, custody and control
- Size of business operations
- Number of technicians
Claim Examples
- Damage to customer car while test driving
- While test driving a customers car, your mechanic causes an accident and injures a 3rd party
- Human mistakes during repairs of a vehicle
- Slip and fall on your lot
- Hail damage to vehicles on your lot
In addition to standard property and liability coverages, the policy can offer many industry-specific coverages. Coverages include garage liability, garage keepers, and auto physical damage. Garage policies are tricky to navigate. Having a insurance professional help you is important.
