Insurance Tips

Do I need GarageKeeper's Insurance?

While your General Liability policy is designed to cover your liability for bodily injury or property damage caused by you or your employees, it excludes coverage for damage to any property of others in your "care, custody or control" This means that the basic General Liability policy would not cover damage to a customer's vehicle while it is in your possession. Adding GarageKeeper's Insurance will help cover this exposure.

Tip #1: If you work on other people's vehicles, you need GarageKeeper's Insurance!

How can I keep my automobile premiums low?

Insurance companies rely heavily on actuarial statistics to determine how much to charge for insurance so that they have a reasonable chance to make an underwriting profit. The statistics prove that poor driving records increase the probability of an automobile claim. In order to compensate for the higher probability of a claim, the insurer must charge more for automobile coverages when an insured driver has a poor record.

Tip #2: Checking MVRs on prospective employees may help to avoid insurance premium 'surprises'.