Every business faces its own unique challenges and risks. Whether your auto repair shop has been in business for decades or you’ve just opened the garage doors, ensuring the safety of your employees and clients should be at the top of your safety list. While there are a great many insurance options available for protecting your team and your bottom line, additional coverage options like Garagekeepers Liability insurance help protect against the truly unexpected.
This insurance coverage is designed to protect against damage to a customer’s vehicle while in your auto shop. It covers damage by fire, theft, vandalism or collision. This optional coverage is great for any business owners who offer towing services or operate service stations because it protects your customer’s vehicles whenever you keep it in a covered location for parking, storing or to provide services.
At Zuma Insurance, we believe it’s important to explore optional coverage options whenever you choose an insurance policy that is tailored to fit your business needs. If your business provides towing services or auto repair services, this type of coverage will protect against liability claims whenever you store customer vehicles on-site.
An auto repair shop was called to tow away a broken-down car very late at night when their garage was already closed. The customer was aware and knew that repairs wouldn’t begin until the morning, so the driver stored the car in the shop overnight. Unfortunately, someone broke into the shop overnight and vandalized the customer’s car. The garage didn’t have the right level of coverage and had to pay for the damages out-of-pocket.
When picking up her new Mercedes from her local auto repair shop after a few minor repairs, a customer noticed that there was a ding on her driver’s side that wasn’t there before. Not knowing what happened, her mechanic suggested she notify her insurance company to file a claim. Upset, the customer successfully filed a claim. And unfortunately for the repair shop, they were forced to pay for the expensive cosmetic repairs to her new car.
Even with warning signs, when customers park their broken down vehicles outside to wait for repairs, shop owners are responsible for damages. Like in the case where a customer left his expensive laptop and work tools in his car over the weekend. While it was waiting for repairs someone broke in and stole everything inside. He filed a claim against the repair shop and won because they didn’t invest in the right level of protection.
Because garagekeepers liability is considered an additional or optional coverage option, many business owners skip this coverage altogether, only to find that they could have used it after an accident. Keep these factors in mind when building your insurance policy at Zuma Insurance:
Don’t get caught without the right level of protection when your business needs it the most. Instead, invest in a comprehensive insurance policy that includes optional coverage like garagekeepers liability, with Zuma Insurance. Visit us online to get a free quote and invest in a new policy today.