Helping your clients build trust in your business is easy when you choose to secure garage keepers liability insurance. Garage keeper’s liability insurance adds a layer of protection that can help to put your clients mind at ease. Taking responsibility for someone’s vehicle is a tall order. There are so many things that can go wrong that could easily put you in a liable position. With an added layer of security in the form of a good insurance policy you and your client can both rest easier knowing that the vehicle is protected.
Who Should Have This Coverage?
Any business that provides:
- Towing service
- Repair services
- Garage/storage structures
- Any business that stores a client’s vehicle
This optional insurance can help to protect your client’s vehicles while they are in your care. If something should happen to the vehicle the repairs will be covered.
Do You Really Need It?
Repairs can get costly in the case of vandalism or natural events. Of course, you never want to lose a customer, so without the insurance you will have to come out of pocket to cover the costs. If you have more than one vehicle at a time that suffers a similar fate it can conceivably put a small business out of business. You can never have too much insurance. If the rates are affordable, this type of additional insurance can be one of the best decisions you ever made for your business.
The Caveats
Typically, there is a per occurrence limit on these types policies like $2500 per incident with a $500 deductible. There may be other caveats as well, but the right company will explain your options to you and help you to make an informed decision. Boardwalk Insurance Group can help you to make the right choice!
