Of course nobody has to have insurance, but it's always a good idea. Typically someone will request that you provide proof of insurance. If you have coverage for your mechanic shop, garage keepers coverage is an endorsement that extends coverage to the customers vehicle while in your possession.
Garage keepers Insurance is Insurance for any comapny that works on people cars. Like, Auto Body Shops, Mobile mechanics, and so on, more info at http://garagekeepersinsurance.blogspot.com/
No, it would not cover damage of that nature. Garage Keepers insurance provides protection in case a vehicle is damaged by fire, theft, vandalism or collision.
If your insurance company is offering auto repair insurance, you have the option of taking your vehicle to your own mechanic. Taking your vehicle to a personal mechanic rather than one chosen by your insurance company eliminates the doubts.
Garage
car mechanic motor mechanic vehicle mechanic
Not nearly as much as the garage that employs the mechanic.
Your garage insurance should be covered by home owners insurance or renters insurance. I am not sure you would need liability insurance in a garage though, because no one else would be hurt in there.
Garage Keepers Legal Liability is primarily for an automotive repair shop with other people's vehicles in their Care, Custody and Control. Should a claim occur when this vehicle is in the shop's possession, it would be paid under this policy.
At the Chevy garage they insisted on "automotive technicians", but yes. They are all the same name for a mechanic.
Garage Keepers LiabilityThe type of coverage you need is a "Garage Keepers Liability" Insurance Policy. This Commercial Lines Policy is the appropriate insurance coverage for an Auto Repair Business and is widely available through most commercial underwriters.Just contact a local agent that offers commercial insurance in your area.Auto repair businessIt's important to make certain your policy covers: Products/Completed Operations Insurance for all completed work you perform on vehicles.Personal and Advertising Injury Insurance - In case you slander another firm in your advertising.Medical Expenses Insurance - In case a patron is injured on your premises.These coverages are all usually provided through a Commercial General Liability Insurance Policy.Best of luck with your businesses. Remember to compare quotes so you get the best prices and the best plan to meet your needs.
Garage keepers insurance policies are written for companies who for part of their operations take possession of others vehicles, whether that be for auto repair, collision repair, repainting, auto sales with repair, etc. The policy has special coverages just for these types of operations, like GKLL which is coverage for the vehicles while in your possession as a bailee. The policies also usually include auto liability coverage for test driving these vehicles. Make sure you work with a broker to understand what you are buying, skipping any of these essential coverages could be disastrous.
depends on your state. In Texas it is around $7k