Garagekeepers Coverage Explained

Garagekeepers Coverage

• Garagekeepers coverage includes comprehensive coverage, specific causes of loss, and collision for a customer's vehicle.

Comprehensive Coverage Exclusions

• Collision with another object is excluded from comprehensive coverage for a customer's auto

Specified Causes of Loss Coverage

• Specified Causes of Loss Coverage includes windstorm, hail, earthquake, and flood

Insured Definition

• Under Garagekeepers coverage, the insured includes the named insured, their employees, and any authorized drivers.

Collision Coverage

• Collision Coverage encompasses damage from collision with another object or overturn.

Garage Operations Definition

• Garage operations involve the ownership, maintenance, or use of covered autos.

"Care, Custody, or Control" Exclusions

• Excluded under "Care, Custody, or Control" are customer autos left for repair, property owned by the insured, and property used in the insured’s business.

Deductible for Theft or Mischief

• The max deductible for loss caused by theft or mischief in a single event under Garagekeepers coverage is the amount specified in the Declarations.

Coverage Limit for "Loss"

• The coverage limit for "loss" to a customer's auto for Garagekeepers coverage is as stated in the Declarations.

Coverage for Mischief or Vandalism

• Coverage for "loss" due to mischief or vandalism under Garagekeepers coverage includes damage caused by malicious actions.

Premium Responsibility

• The first named insured is responsible for paying the premium for the Garagekeepers policy.

Violation of Sanctions

• If an insured violates U.S. economic and trade sanctions under the policy's Economic and Trade Sanctions Condition, the policy will be void from inception.

Deductible for Theft or Mischief (Single Event)

• The max deductible for "loss" caused by theft or mischief for a single event under Garagekeepers coverage is the amount specified in the Declarations.

Insurer's Duty in a Claim

• In the event of a claim under the policy, the insurer's duty is to investigate and settle claims.

Insured's Responsibility: Examination

• Under the "Examination of Your Books and Records" clause, the insurer may audit the insured's books and records up to three years after the policy period.

Cancellation for Non-Payment

• If the insurer cancels the policy for non-payment of premium, 10 days' notice is required.

Coverage for Auto Collision

• The policy's coverage for "loss" caused by a covered auto collision with another object is Collision Coverage.

Out-of-State Vehicle Coverage

• Insurance coverage is extended for out-of-state vehicles when the insurer increases the liability limit to meet state requirements.

Insurance Limit for Garage Operations

• The limit of insurance for "Garage Operations" other than covered autos is the aggregate limit shown in the Declarations.

Personal Injury Liability

• The policy’s coverage for "personal injury" liability under "Garage Operations" is provided if included by endorsement.

Term for Insured Vehicles

• The term used for vehicles owned by the insured in the policy is Covered Autos.

Stance on "Loss of Use"

• The policy’s stance on "loss of use" for property not physically damaged covers only loss of use caused by sudden and accidental damage.

Property owned by the Insured

• Property owned by the insured and damaged is not covered under the Care, Custody or Control exclusion

Exclusion under "Products Recall"

• Excluded from coverage under "Products Recall" is loss of use due to a product defect.

Temporary Substitute Vehicle

• Under the policy, coverage for a "temporary substitute vehicle" is provided for all damages while the covered vehicle is out of service.

"Pollution Exclusion"

• Excluded under the policy’s "Pollution Exclusion" is bodily injury caused by pollutants.

Deductible for Property Damage

• The max deductible for property damage under the policy is as specified in the Declarations.

"Supplementary Payments"

• All expenses the insured incurs, cost of bail bonds up to $2,000, and court costs taxed against the insured are covered under "Supplementary Payments".

Claims Involving War

• War-related claims are excluded from coverage

Deductible Paid by Insurer

• If the deductible is paid by the insurer in part, the insured must reimburse the insurer for the deductible.

Coverage for Customer's Auto

• The coverage for a customer’s auto while left with the insured for service, repair, or safekeeping is Comprehensive, Specified Causes of Loss, and Collision Coverage.

Coverage Limit for Damages

• The coverage limit for damages to a customer’s vehicle is as specified in the Declarations.

Insurer's Obligation to Defend

• The insurer is obligated to defend the insured for claims involving bodily injury and property damage under garage operations.

Maximum Coverage Limit

• The max coverage limit for "loss" to a customer’s auto in a single event is as specified in the Declarations.

Insurance Coverage

• Insurance coverage for “property damage” due to faulty work is excluded under the policy.

"Non-Renewal" Provision

• The insurer must provide at least 30 days' notice before non-renewal.

Deductible for Physical Damage

• The deductible for physical damage caused to a covered auto under the policy is as specified in the Declarations.

Claim for Vandalism

• Coverage is provided if the loss meets the terms outlined Comprehensive Coverage in the event of a claim for "loss" to the vehicle due to vandalism

"Medical Payments"

• Medical expenses for bodily injury resulting from auto accidents are covered under "Medical Payments" in the policy.

Claims for Products Recall

• Loss due to product recall is excluded for claims for "products recall"