| | Market Spotlight
August 24, 2022 |
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Market Spotlight: Garage It is not an easy time to be in an auto-related business of any kind. Various forces are at play that make this a particularly risky time for auto dealers, auto repair shops, parking garages, car washes and towing companies. It's a time when they definitely need specialized insurance coverage in place. Catalytic converters are being stolen at a record rate across the country from cars parked at car dealers, body shops, service stations and parking garages. Supply chain problems with parts and supplies mean repairs may be started but not completed and vehicles end up staying in shops longer, testing the patience and wallets of shop owners and their customers. There are also delays and mistakes because employers are facing a shortage of qualified technicians. The inflated cost of parts is also raising temperatures. Employers are also being more closely scrutinized for their employment practices including proper classification of independent contractors and pay for workers. If these businesses are sued, perhaps over an injury in a car wash or by a disgruntled employee, the cases can be costly due social inflation that is driving up defense costs and liability settlements. All in all, it is not a time to be without protection. While garage keepers insurance covers the damages or loss of a car while located at the insured's place of business for reasons that are not related to garage operations, garage liability insurance protects the insured should their customer's car obtain damage due to the operations of the garage. |
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| M.J. Hall can offer insurance covering the garage liability of franchised and non-franchised automobile, truck, truck-tractor, motorcycle, recreational vehicle, and trailer dealers for claims of bodily injury (BI) and property damage (PD) arising out of business operations. States: Nationwide footprint with focus on AK, AZ, CA, HI, NV, OR, WA Offered by: M.J. Hall and Company, Inc. |
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| Full package coverage for Garages, Auto Services, Towing, Parts Recyclers and more. Formerly by Universal Underwriters, all size accounts and unique exposures are considered. Instant online garage package quotes to $50k. We recently lowered rates in several states. States: 47 states Offered by: Arrowhead General Insurance Agency, Inc. |
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| We have many markets to quote your Garage risks from auto dealers to service and repair! We can also quote your new ventures with experience. * Combination garage liability & general liability * Garage keepers legal liability & direct primary * Garage property with package enhancements ... States: 24 states Our program provides GL and GKLL on a broadened, ISO based form that has been tailored specifically to meet the coverage needs of businesses engaged in the parking of customers' cars: including self-parking garages and lots, assisted parking, valet parking, and special-events parking. Please e-mail your request for our required ... States: 50 states + DC |
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| In need of insurance on an off grid tiny home. Solar powered. Water is fed via electrical pumps. Primary heat source is wood stove. Outhouse is utilized. The use is a secondary vacation home. by markssean on Tue Aug 16, 2022 I need a policy to cover a moving company. The policy we are looking for is to cover his clients property when its in his care and custody while handling the property in the coients home, transit in and out of truck by wetryharder on Fri Aug 19, 2022 Hi, we are looking for a carrier for property coverage and GL for a Texas Condo Association, any help is apprciated, thanks. by Peloton on Mon Aug 22, 2022 I'm looking for a dog rescue market. This also includes a nd locations that sells crafts, yard art, and other items to raise money for the rescue by wetryharder on Mon Aug 15, 2022 I need to write the Commercial Package for a LRO risk where the Tenant is a wood pallet wholesaler. Let me know if you have Markets for this. by namjuppo on Thu Aug 4, 2022 |
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