Garage Insurance

Commercial Garage Insurance

At Reliance Insurance, we specialize in providing comprehensive insurance solutions for commercial garages. Whether you’re repairing, maintaining, servicing, selling, storing, parking, towing, or transporting vehicles, we’ve got you covered.

Why Do You Need Commercial Garage Insurance?

Your garage operations require specialized insurance. While customer vehicles have their own insurance, this doesn’t protect your garage operations while you have care, custody, or control of their vehicle. To ensure you’re covered, you need a policy specifically for your garage operations.

Who Needs Commercial Garage Insurance?

It’s not just auto repair shops that require garage liability coverage. Reliance can help find tailored insurance policies for a variety of automotive businesses, including:

• Automotive repair shops
• Auto service technicians or mechanics
• Collision body shops
• Car washes and detail garages
• Emission and inspection repair centers
• Engine rebuild, muffler, and transmission repair shops
• Glass and windshield repair facilities
• New and used car dealerships
• Parking garages
• Service stations, lube, oil, and filter change shops
• Towing companies and auto transporters

Auto garages offer a wide range of services, but they’re also exposed to various risks, including fire, theft, vandalism, and natural disasters. Don’t risk being underinsured.

Garage Insurance Coverage

Garage policies can cover every vehicle you need for your business. This includes your customers’ vehicles, your owned business vehicles, and even your vehicle inventory if you operate a new or used car dealership. Garage liability insurance protects your business from costly lawsuits and unexpected expenses.

Auto garages offer a wide range of services, but they’re also exposed to various risks, including fire, theft, vandalism, and natural disasters. Don’t risk being underinsured.

The price of your garage policy will be based on your type of business, the total number of plates purchased, the number of employees, the value of owned vehicles, and the value of customers’ vehicles under your care and control. Reliance can provide garage insurance through ICBC or a private insurance provider.

We can review your operations to meet your needs and provide the right coverage for your business. And if your garage has 5 or more plates, your ICBC Garage policy may be eligible for a fleet discount.

Our Commitment to You

We understand that unfavorable incidents can occur. Our goal as your advisor is to help you put checks and balances in place to mitigate any future risks. Talk to one of our commercial risk advisors at 604-255-4616.

Types of Commercial Garage Insurance Coverage

• Liability for Damage to Customers’ Vehicles: Covers damage to customers’ vehicles while they’re at your premises and/or in your custody and control (e.g., test driving, delivery, etc.).
• Damage or Loss Caused by Work: Protects against damage or loss caused by work performed on vehicles.
• Property Exposure: Fire risks from oils, solvents, or other flammables must be properly labeled, stored, and separated. Welding exposures are often part of the operation.
• Cargo Exposure: Risks from goods in transit. Employees who run errands to pick up various needed items then transport them back to operations.
• Crime Exposure: Risks related to money and securities. All ordering and inventory control should be handled by different individuals to have adequate checks and balances. Inventory control procedures should be in place to prevent employee theft. Cash should be maintained by a cashier with money regularly deposited.
• Occupiers’ Liability Exposure: Risks from slip and falls by customers. Product liability concerns stem from vehicles that are not properly repaired. Check-off procedures should be in place.
• Environmental Impairment Exposure: Risks from the disposal of used oils, solvents, and other hazardous wastes. Disposal procedures need careful review.

Automobile liability exposures regarding fleet vehicles. All drivers should have valid licences, and their MVRs should be regularly checked. If towing takes place, a more serious exposure exists. All tow drivers must be experienced in towing.

Garagekeepers exposure comes from the physical losses to customers’ vehicles while in the repair shop’s care, custody and control. Lots must be well lit and chains should be in place to prevent transport. Fences and other security also may be appropriate.

For all your commercial garage insurance needs, trust Reliance to provide the best coverage and support. Contact us today to learn more!