Garage Insurance
The garage policy was developed to provide coverage against general liability and automobile exposures on one policy. We will examine this unique policy form to include the 6 sections that make up this form. This includes symbols used, liability coverage, garage operations and covered autos, garage keepers coverage, physical damage coverage, conditions and definitions.
- The types of businesses that would need a garage policy
- Coverage symbols (Triggers)
- A detailed review of who is insured
- Liability coverages including
- coverage extensions
- coverage exclusions
- How Garage Keepers Coverage differs from general liability and auto
- Physical damage coverages including
- Per Auto and Per Occurrence Deductibles
- exclusions
- limits of insurance
- conditions
- definitions
- The rating factors unique to garage risks
- Review of the Acord Garage Applications
The following will be addressed in this course:
****This course lasts 1 consecutive hour****