Garage Policies provide comprehensive liability coverage to account for general liability as well as extended liability exposures to guard you against any gray areas. We look at things like premise liability, product liability, and auto liability to build a policy to fit your operation.
Our team has experience working specifically with:
- Auto Repair Shops
- Parking Garages
- Parking Lots
- Valet Services
We look to protect your business using …
Garage-Keepers Coverage:
When accidents happen, most often you as the business owner will be obligated to pay damages for a customer’s car left in your care while attending, servicing, repairing, parking or storing it.
There are two coverage options we help you customize:
- Direct Primary provides coverage even if the loss is not your fault or you’re not legally liable for the damages.
- Legal Liability provides coverage to the insured only for losses which are proven to be your fault and for which you’re legally liable for payment.
Hired Auto Liability:
This custom protection covers any vehicle you hire to join your fleet. This coverage may be purchased for the owned auto coverage policy.
Non-Owned Auto Liability:
Protect your business from damages caused by staff using their own (or other) vehicles on or off your property. Our team will work with you to customize a policy that fits your needs perfectly … not matter who is driving on your property.
Personal Injury Protection:
We can help you find a policy that not only meets your states operational standards, but also keeps your entire team safe.
Property Coverage:
OnMarket Insurance Associates will build your policy to cover every aspect of your facility:
- Any buildings or structures
- Business personal property inside any structures
- Personal property of staff inside any structures
- Any improvements made to your facility
UN-Insured Motorist:
We know that accidents happen, but what if someone with NO insurance causes damage to your property? Make sure your policy protects you if someone else is at fault, but has no way to pay. Most policies cover bodily injuries, but your state may require property damage coverage as well. Give us a call to get started on a plan.
Any questions?
Can you explain further the difference between Direct Primary and Legal Liability coverage?
Legal liability is the most common protection and applies to damage due to the negligence of your business. This is a minimal policy that insures you for losses that are legally proven to be your fault. Direct Primary coverage covers your customer’s vehicles regardless of who was at fault for the loss. Damage caused by weather, for example, would be covered under this policy.
Is there a way to recoup business income loss due to damages that close down my facility temporarily?
Yes, there are additions we can add to your policy to protect you from the loss of income during downtime for repairs to your property. In addition, we can also cover extra expenses incurred to remain in operation. Give us a call to talk to one of our team members today.
If a customer is the one to cause damage on my lot, will their insurance take care of repairs?
Just because someone else is at fault doesn’t always mean they can pay for the damage. The ideal scenario is the person has full insurance coverage and gets you fixed up quickly (that’s how we would take care of it). However, many people pay for insurance coverage that leaves them vastly under-insured. We can build you a custom policy that kicks in to get your facility fixed up properly when these things take place.
