Garagekeepers Liability Coverage

GARAGEKEEPERS INSURANCE – 

WHAT ARE My CHOICES?

The Garage Liability policy is one of the most misunderstood types of business insurance policies. It is a unique type of policy and many seasoned professional insurance agents don’t really understand it well.  Attached to the garage liability policy, one often finds a coverage called garagekeepers insurance.  At the MVP Agency in Johnstown, OH we understand this form very well and hope to clear up some of the confusion about this policy type.

 The garagekeepers form is a coverage that can be added to the garage form and it allows for protection for the your clients vehicles, left in your care while you are repairing them.  This coverage includes both comprehensive and collision coverages for those vehicles.

 When purchasing this coverage, there are 2 more choices you will need to consider.  The first is the question of Direct coverage, verses Legal Liablity coverage.  If you purchase direct coverage, then your policy will pay the claims for collision and comprehensive coverage for your client’s vehicles whether you are at fault in the loss or not.  If you choose legal liability coverage, then these claims will only be covered if your repair or body shop can be found to be legally liable for the loss.  Of course the direct coverage will be a bit more expensive but you may choose it so that you can quickly pay the damages caused to any of your client’s cars. It may generate better client relationships too if you are paying the claim and not forcing them to file on their own personal auto insurance.

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