Nevada Garage Liability Insurance

Are you a Dealership or Auto Repair Shop looking for an insurance agency that understands your business and has great rates? If you answered Yes, then join the thousands of businesses like yours that trust Barbee Jackson Insurance to handle all their insurance needs. Our Insurance Agents work with you to design a policy that fits your needs, whether it be garage keeper insurance for repair facilities or dealer open lot for dealerships we have you covered. Call today to get your Free, No Obligation Quote (850) 389-2001.

Types of Businesses we Insure

• Franchised Auto Dealers
• Used Car Dealers
• Body Shops
• Repair Shops
• Car Washes
• Mobile Detailers
• Trailer Sales
• Powersports Dealers
• Oil and Lube Shops
• Transmission Repair
• Tires Dealers
• Heavy Equipment Service

State of Nevada Insurance and Bond Requirements – Compliance Enforcement Division

Insurance
Dealers and Repair/Body Shops
Garage Liability Combined Single Limit (CSL) – $95,000

Bond – For sales only
Utility or boat trailer weighing less than 3,500 lbs or without cargo – $10,000
Motorcycles, utility or horse trailer more than 3,501 lbs without cargo – $50,000
All other vehicles, such as auto dealers – $100,000

Garage Liability Insurance Coverages

Garage Liability Insurance is a specialized form insurance designed for the automotive industry, much like General Liability Insurance is designed for small businesses. It is meant to insure businesses that primarily deal or service vehicles, such as Automotive Repair, Dealerships, and other auto service related businesses.

Garage Liability Insurance on the Garage Form covers two types of liability “Auto Liability” and “Other Than Covered Autos Liability” Auto Liability covers auto exposure for bodily injury and property damage while driving. This could be a test drive or driving back from auction. Other Than Covered Autos provides liability insurance for the dealer lot for accidents that happen such as a customer who slips and falls.

Garage Insurance Program Coverage Options

• Surety Bond (Also referred to as a Dealer Bond)
  Bond designed to protect customers and the State of Nevada against a dealership committing fraud
  
• Garage Liability
  Garage Liability covers two types of liability, “Garage Operations” and “Other Than Covered Autos”. Garage Operations covers auto exposure for bodily injury and property damage while Other Than Covered Autos provides liability insurance for the dealer lot.
  
• Dealer Open Lot (DOL) or Dealer Physical Damage
  Physical Damage coverage for both new and used inventory
  
• Garage Keepers
  Protect customers auto/boat/etc. while you’re in care, custody, and control
  
• Workers Compensation
  Wage replacement and medical benefits to employees injured on the job
  
• False Pretense Coverage
  Protects against losses due to voluntarily parting with a vehicle if induced to do so by any fraudulent act, scheme, trick, or purchasing the auto/boat/etc. from a seller who did not have legal right to sell
  
• Diminished Value Coverage
  Allows you to recover the diminished value of a car/boat/etc. after a covered loss
  
• Employment Practices Liability
  Protection against wrongful termination, discrimination, sexual harassment, etc.
  
• Errors & Omissions
  Protects your business from claims caused by negligent acts, errors, or omissions

Understanding the Difference Between Dealer Open Lot and Garage Keepers.

Dealer Open lot is also referred to as Dealer Physical Damage and the coverage is designed to cover vehicles owned by the dealership against losses such as an accident, weather or theft. Garage Keepers is designed for businesses that that repair or service vehicles and adds coverage to the vehicles while you have care, custody and control. The two coverage can be used in conjunction when businesses such as a dealership has a sales and service department.

Experience the Difference

Join thousands of businesses like yours that trust Barbee Jackson Insurance with all their insurance needs. Call today (850) 389-2001.