What Kinds of Claims Does Garage Liability Insurance Cover?
The risks that a specific garage liability insurance policy protects against are determined by the policy’s particular terms, conditions and exclusions. Generally speaking, there’s a range of claims that a policy may cover: Although they don’t perform work on vehicles, valet companies also should consider having garage liability insurance coverage. Valets also may be held responsible for vehicle damage that occurs while a car is in their care.
- Accidental damage
- Extreme weather
An agent who specializes in this particular type of liability coverage will be able to explain in full what a given policy will cover.
Do Garage Liability Policies Extend Coverage to Customers’ Belongings?
Garage liability policies don’t normally extend coverage to belongings that customers leave in vehicles as a standard protection. Instead, customers are usually expected to insure their belongings through their own auto or homeowners insurance policy.
For garages that do wish to cover belongings that are in customers’ vehicles, some garage liability policies make it possible to do so. When it’s available, coverage is usually added on via an endorsement that provides the additional protection.
How Much Do Garage Liability Policies Cost?
Premiums for garage liability policies are based on a number of factors, and they vary from one policy to the next because of this. Coverage is generally affordable, though, and it’s almost certainly less costly than what a major claim could be if no protection were in place.
Comparing quotes is the best way to find out precisely how much purchasing insurance in a specific situation will be, and working with an independent agent makes comparing quotes easy. An independent agent can request quotes from different insurance companies in the state, and they have the expertise needed to check for differences in both prices and protections.