Faith Shield Insurance Provides Auto/Car Insurance, Homeowners Insurance, Business/Commercial Insurance, Life/Health Insurance, and Employee Benefits to All of Florida, Including Boca Raton, Deerfield Beach, Pompano Beach, Fort Lauderdale, Delray Beach, West Palm Beach, Orlando, Miami, Coconut Creek and Coral Springs. Also in the state of New Jersey.
Car dealerships, repair shops, service stations and other companies that work with automobiles have special insurance needs that aren't adequately addressed by the general liability policies available to most commercial customers. For that reason, the insurance industry has developed a type of coverage called "garage liability insurance." When paired with a related product, "garage keepers coverage," these policies offer auto businesses full protection.
Garage liability insurance is a specialized product for auto-focused enterprises that combines the general liability protection of a CGL policy with business auto liability coverage, eliminating areas of overlap. Garage liability policies are designed to be flexible to meet the needs of individual businesses--for example, a company could add coverage for loaner vehicles driven by customers whose own cars are being repaired or for personal vehicles used for company business.
GARAGE KEEPERS
Garage liability insurance has one major exclusion: It doesn't cover physical damage to customers' cars left in your care, such as for service, repair or storage. For example, if one of your employees is test-driving a customer's car to make sure that a repair has worked and he crashes it into another vehicle, your garage liability policy will cover your liability for damage to the other car but not the customer's. For coverage of damage to customers' vehicles, you need a separate policy called garage keepers insurance.
COMBINATION
Most commercial insurance companies can sell you both a garage liability policy and a garage keepers policy. They may come bundled as a package deal, but they will be separate and distinct policies.
Contact us today.For a full list of coverage available, or to learn more about those products.
