What types of claims does garage keepers liability insurance cover?
The particular claims a garage keepers policy covers are defined by the policy's terms and conditions. Based on these terms, policies might extend coverage to claims arising from:
- Multiple vehicle collisions
- Various accidental causes of damage
- Severe weather events (e.g. hail)
- Theft and vandalism
- Fire incidents
Do garage keepers policies cover customer belongings?
Most garage keepers policies don’t include coverage for customer belongings left inside vehicles. To address this, most service centers have formal policies that make customers responsible for their own belongings.
If such coverage is desired, however, it might be available through a few policies. A knowledgeable insurance agent can check whether any policies include the coverage.
Do garage keepers policies cover the auto service center's own vehicles?
Garage keepers policies normally don’t cover vehicles that an auto service center owns. This is because the coverage is primarily for liability risks that could result in lawsuits, namely customer-filed lawsuits if their vehicle is damaged.
Comprehensive and collision coverages for business-owned vehicles usually must be obtained through a standard commercial auto insurance policy. This might be purchased along with or apart from a garage keepers policy.
How much does a garage keepers policy cost?
The premiums for garage keepers policies vary, as they're influenced by several factors. The number of customer vehicles, average value of customer vehicles, location of the service center, and service center's recent insurance claims history are just a few details that can impact premiums.
To find out how much insurance will cost in a particular situation, service centers can compare customized quotes with an independent insurance agent.
How can service centers in Massachusetts procure garage keepers insurance?
If you require assistance with garage keepers insurance, contact the independent insurance agents at Roger Keith & Sons Insurance. Our Massachusetts-based agents will work closely with you to find garage keepers coverage that offers robust protection for your business, and we can assist with almost any other coverage your business might also need.
