Garage keepers insurance coverage is a policy meant to protect your customer s property while in.
Average cost of garage liability insurance.
Annual garage liability insurance costs typically fall between 1 000 and 3 500.
Garagekeeper s insurance or garage keepers legal liability insurance will cost around 1 000 1 300 on average.
We are able to shop your insurance with many carriers for the lowest possible prices.
Usually a more cost effective option than adding additional coverage on your liability policies.
Types of garage keepers insurance.
Extends the limits on underlying liability policies including garage liability and commercial auto.
Affordable garage liability insurance in florida for dealerships repair shops gas stations tow trucks and parking lots.
The nature of your business.
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Florida ranks highest at 736 per year and north dakota ranks as the least expensive state at only 242 annually.
The main risk not covered by garage keepers insurance is liability protection from bodily injury or property damage from an accident.
You can select from a variety of options depending on your state but the typical maximum available limit is 2 500 per occurrence.
Just like the dealer bonds most states have different requirements.
Most states require some sort of garage liability insurance for car dealerships.
The average cost of car insurance in the united states is 1 555 per year for full coverage.
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However the exact cost of coverage varies from person to person so if you re wondering how much.
The number of vehicles you hold on any given day.
The average expenditure on auto liability insurance ranges from 242 to 736 per year with an overall national average of around 471.
The type of vehicles you service.
How much your garagekeepers insurance will cost depends on several factors including.