Garage and Auto Dealers Insurance in Mobile County, Baldwin County and the Greater Gulf Coast Area
Owning a garage or automobile dealership, you are exposed to hefty financial risks because, well, you are dealing with automobiles. Whether you are selling inventory or you are repairing someone’s axel, there is no room for mistakes.
If you own either an auto repair shop or a car dealership, your insurance plan should begin with a garage liability policy. The garage liability policy provides liability coverage for the regular operations of the business. This can include automobile liability coverage and premises liability coverage. For example, you have just finished repairing a client’s vehicle and you need to take it for a test drive. During the test drive, you accidentally rear-end someone else’s vehicle. The garage liability policy will provide coverage for bodily injury and property damage caused to the individual that was rear-ended.
While the garage liability policy protects the person you hit, what protects the customer’s vehicle that you were test driving? This is where garagekeepers liability coverage comes into play. Garagekeepers liability is designed to protect against damage to your clients’ vehicles that you are responsible for.
All of that aside, let’s consider the massive amount of inventory you have in your car dealership parking lot. Is it properly protected? If you’re on the Gulf Coast, have you reviewed your wind coverages and deductibles? If not, will you be protected during the next hurricane? Will you be able to afford your deductibles? All of these concerns can be put at ease knowing you went with a customized physical damage policy, also known as a dealers blanket policy.
To protect your garage repair shop or car dealership, contact us today.