If you provide service or repairs to vehicles or install products to vehicles in your care custody and control, you have the potential for losses that we can help insure. Protect your assets with the below listed coverages including garage/garagekeepers coverage. Businesses selling automobiles, trucks, boats, RVs or motorcycle are not eligible for this program.
Coverage for your buildings, furniture and fixtures, machinery and equipment, office supplies, inventory, personal property owned by you and used in your business, betterments and improvements and additional structures on your property to name a few.
This coverage protects you (the “insured”) from the risks of liabilities imposed by lawsuits and similar claims for a covered cause of loss.
Being sued is not something you anticipate, but everyday legal actions are taken due to negligence, personal injury, libel, slander, errors, omissions, faulty products, advertising misprints, etc. General liability coverage plays a major role in providing protection for your financial assets in case of a law suit. Defending a suit, as the policy makes clear, includes the costs of investigating the claim against the insured and handling negotiations with the claimant that may lead to a settlement rather than a court proceeding.
Protection for covered losses caused to customers’ autos in your care, custody and control. This coverage is designed to offer protection for your customers’ autos and the auto while you are attending, servicing, repairing, operating or storing the autos. Loss or Damage to Customer’s Autos is offered on either a Direct Primary or Legal Liability basis as described below. Auto Service Risks-Loss or Damage To Customers' Autos (Direct Primary Coverage) - This endorsement provides primary coverage for damage to customers' autos under the Building And Personal Property Coverage without regard to fault, or the availability of the customer's own auto insurance to pay for loss. The customers' autos and auto equipment must be in the care, custody or control of the named insured being attended, serviced, repaired, operated or stored. It pays only for damage that occurs on the covered premises or while temporarily away from it. The perils covered are any cause of loss except for the following:
Auto is defined in the endorsement as a land motor vehicle, trailer or semitrailer.
Deductibles apply to:
Loss or Damage To Customers’ Auto (Legal Liability) - This endorsement is identical to Auto Service Risks-Loss or Damage To Customers' Autos (Direct Primary Coverage) except this coverage is limited to only the named insured's legal liability for the covered property. An exclusion for loss due to contractual obligation is added and a list of supplementary payments that are outside the limit of insurance is provided.
Equipment Breakdown – This coverage pays to repair or replace mechanical or electrical equipment due to mechanical breakdown.
Business Income – This coverage provides protection against loss of income, or profits due to property loss or damage from a covered peril, such as a fire, windstorm or natural disaster. It can also compensate you for rental income you receive from property you own and rent/lease to others. Payroll is also included in your continuing normal operating expenses.
Extra Expense – This coverage compensates you for additional expense needed to avoid or minimize the “suspension” of business and to continue “operations”.
Hired Auto Liability – This insurance provides coverage for “bodily injury” or “property Damage” arising out of the maintenance or use of a “hired auto” by you or your “employees” in the course of your business.
Non-Owned Auto Liability - The insurance applies to "bodily injury" or "property damage" arising out of the use of a "non-owned auto" by any person in the course of your business.
Many additional coverages are can be including Money and Securities, Employee Dishonesty, Outdoor Signs, Employee Tools at Described Premises, Fire Extinguisher Systems Expenses, Reward Payment Money Orders and Counterfeit Money, Forgery and Alterations just to name a few.
In the event you are found liable for a loss and the financial settlement exceeds the liability limits of coverage found on your primary policies, your Commercial Umbrella Policy is designed to provide an extra layer of coverage.