What Is Garage Keepers Insurance?
Automotive garages that service and repair vehicles may be held responsible for any damage that customer vehicles incur while they’re in the car of a garage. Considering many garages have multiple customer vehicles at a given time and vehicles can be quite expensive, this potential liability risk can be quite substantial. Garage keepers insurance helps protect Vermont garages that service vehicles from this particular risk.
Garage keepers insurance is a highly specialized form of commercial liability insurance for automotive garages. Like other liability insurance coverages, garage keepers liability coverage will usually pay any legal fees, settlement or judgement associated with a covered claim.
What Vermont Businesses Need Garage Keepers Liability Insurance?
Broadly speaking, most Vermont businesses that service or repair customers’ vehicles should have garage keepers liability insurance in place. This includes businesses such as:
- Dealerships that have large automotive service centers
- Independent automotive garages
- Gas stations with automotive garages
- Auto body shops
- Auto glass repair and installation centers
- Quick oil change and lube shops
- Emissions testing sites
- Tow truck operators
- Vehicle painting specialists
- Audio sound system specialists
In addition to these service and repair businesses, valet parking operations also usually can benefit from the protections that garage keepers coverage provides. Although valets don’t do actual automotive repair work, these businesses are still entrusted with customers’ vehicles and can be held responsible for damage that vehicles sustain.