Auto and garage coverage are both important for businesses. This blog will discuss both of these types of coverage further. If you have any specific questions regarding business auto and garage coverage, contact the experts at Panichelle Insurance today.
What Is Business Auto Coverage and What Does It Cover?
If you use a commercial vehicle for work, business auto insurance can assist protect you and your employees on the road. This kind of company insurance can assist in paying claims for property damage or personal injuries if you are involved in a car accident. This protection is frequently referred to as business auto insurance or commercial auto insurance.
Your business’s automobiles are covered by business auto insurance, including:
- Cars
- Trucks
- Vans
- Trailers
Be advised that this insurance excludes vehicles used by your company for the following purposes:
- Rents
- Leases
- Hires
What Is Business Garage Coverage and What Does It Cover?
If your company works on cars and offers garage services like repairs, you are most likely storing and maintaining expensive cars and vehicles. Garage coverage plans can assist in shielding customers’ cars from damage or theft while at the garage and the associated expenses.
Garage insurance provides customers and businesses with the assurance that their vehicles are safeguarded during maintenance. The cost of insurance is considerably less than the expense of theft or the damage to many vehicles resulting from a catastrophe like a garage fire.
Business owners typically get garage insurance for a variety of reasons, including:
- Preventing theft of client property
- Defending clients from physical harm
- Defending the store from legal and financial dangers
How Do They Work Together?
General liability insurance and commercial auto insurance are combined in garage liability insurance. If there is an accident or injury in the garage, the insurance will cover the price of repairs, hospital bills, and other expenses. Typically, these types of policies include:
- Bodily Harm – This clause will pay for medical expenses if a third person is hurt in the garage, such as if they fall and break a limb.
- Property Harm – This section of the policy will provide coverage for harm to property belonging to a third party, such as a vendor’s cell phone being broken by falling machinery.
- Products and Finished Work – This section of the insurance plan will cover any problems that could result from garage maintenance, such as if a customer was hurt while driving because a mechanic did not secure a tire properly. This kind of insurance would cover the medical costs in such a scenario.
If you want to learn more about the benefits of business auto and garage coverage, contact Panichelle Insurance today to learn more!