Garage

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Garage Motor CarrierInsurance
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Garage Liability Who Needs It?

• Auto Repair Shops
• Dealerships New and Used
• Service Stations
• Paint/Body Shops
• Aftermarket Accessory Shops
• Towing Services
• Parking Garages
• Quick Lube Car Washes

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Garage Liability

• Three Main Sections
• 1. Liability
• Auto Liability
• Other Than Liability Insurance
• 2. Garagekeepers
• 3. Physical damage
• Business Autos
• Autos Held For Sale

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Liability Coverages

• Operations With Covered Autos
• Bodily Injury
• Property damage
• Covered Pollution
• Operations Other Than Covered Autos
• Premises Operations
• Products completed operations
• Contractual Liability

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Who Is An Insured?

• Auto Liability
• Same as BAP except customers are not
  insureds unless they are uninsured/underinsured
  and then only for minimum limits
• Other Than Auto Liability
• Same as CGL

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Auto Liability Coverage

• Same as BAP except
• Movement of property by mechanical device
  and completed operations are included for
  coverage
• Coverage is eliminated for any auto rented
  or leased toothers

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Premises Operations Liability

• Limited to Garage Business
• No Employment Practices coverage
• No coverage for watercraft less that 26
• No Fire Legal Liability coverage
• Stricter Care,Custody or Control exclusion
• Stricter Liquor Liability exclusion

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Products Completed Operations

• GARAGE LIAB.
• Defective Products
• Work You Perform
• Loss Of Use
• Products Recall

• CGL
• Damage to Your Product
• Damage to Your Work
• Damage to Impaired Property
• Products recall

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Broadened Coverage Endorsement

• Personal advertising Injury
• Host Liquor Liability
• Fire Legal Liability
• Incidental Medical Malpractice
• Non-owned watercraft
• Additional Persons Insured Spouse
• Newly Acquired Garages 90 days
• Limited Worldwide Liability

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Garage Keepers Coverage(Bailee Liability)

• On Premises or Remote Location
• Being Towed, Cleaned,Repaired,Stored, Painted,etc
  (Including Loss of Use)
• Two Approaches
• 1. Legal Liability Basis only
• 2. Direct Coverage Basis
• a. Primary to any other insurance
• b. Excess of any other insurance

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Garage Keepers Coverages

• Comprehensive
• Collision
• Specified Causes of Loss
• Deductibles generally apply
• Per Auto (lower for theft,vandalism)
• Per Event

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Garagekeepers Exclusions

• Contractual Liability
• Insider Theft
• Defective Parts/Faulty Workmanship
• Electronic Equipment

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Physical Damage

• Non-reporting Approach
• (based on maximum possible loss)
• Reporting Approach
• Select Maximum Limit
• Submit monthly or quarterly reports
• Average reports at end of term

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Physical Damage Exclusions

• Autos Rented or Leased to Others
• False Pretense (can be added endmt.)
• Exclusions for Dealers Only
• Profits
• Unnamed Locations
• Driveaway Collision ( can be added)
• Collision of Transporting conveyance

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Motor Carrier Coverage Form

• Common Carriers
• Contract Carriers
• Private Carriers

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Key definitions

• Owner Operator
• Deadheading
• Bobtailing

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Trailer Interchange Agreement

• Symbol 69 - Covers Physical damage to the
  trailers of others in the insureds possession
• Symbol 70 Covers the insureds trailers in
  possession of others(excess of any insurance
  they might have)

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MCS 90 EndorsementPollution Coverage

• Applies to
• Trucks 10,000 pounds GVW or more
• Trucks for Interstate transportation
• Trucks hauling hazardous cargo
• Complies with the Motor carrier Act of 1980 but
  insurance company will recover payments from the
  insured