Auto Dealer Insurance Coverage & Underwriting Tips

| Auto Dealer Insurance, Garage Insurance.

Auto dealers have very specialized insurance needs. An auto dealership has owned vehicles being driven by staff and customers, non-owned vehicles being serviced or repaired, as well as a large and valuable inventory of vehicles subject to vandalism, theft, and collision damage. To properly cover these various exposures, it is helpful to understand some of… Read more »

Understand Convenience Store Insurance

| Business Insurance, Garage Insurance, General Liability Insurance.

Convenience stores are a growth industry.   In 2014 the number of c-stores increased to nearly 153,000 across the US, about 1% more than 2013.   Even better, convenience stores continue to be a “mom and pop” small business with 63% owned by single-store operators.   To run a successful c-store or gas station, you… Read more »

What is Garage keepers Liability?

| Auto insurance, Business Insurance, Garage Insurance, Insurance education.

Anyone in the business of repairing, servicing, towing, storing, washing or otherwise working on automobiles has likely heard of garage keepers liability coverage. Garage keepers liability is often confused with “garage liability”. In reality, garage liability and garage keepers liability are two very different elements of the insurance coverage needed by an auto repair or service… Read more »

Why You Should Read Your Insurance Policy

| Auto insurance, Business Insurance, Condominium Insurance, Earthquake Insurance, Flood Insurance, Garage Insurance, General Liability Insurance, Homeowners Insurance, Insurance Claims, Insurance education, Renters Insurance, Risk Management, Workers Compensation Insurance.

An insurance policy is nothing more than a contract between you, the policyholder, and the insurance company.   Because the insurer develops the policy verbiage and structure, insurance contracts are considered “contracts of adhesion“.   This means the policyholder has almost no ability to modify the language of the contract.  It does not mean, however, that you should… Read more »

Nevada Garage Insurance Basics

| Auto insurance, Business Insurance, Garage Insurance, General Liability Insurance, Insurance education.

In the insurance industry, Nevada garage insurance refers to the specific insurance coverage that applies to businesses that service or sells motor vehicles.   This can include a mom & pop auto repair business, a large collision repair center, a full-service car wash, franchised auto service centers or a non-franchised used car dealership.   Selling and servicing automobiles creates a unique set of liability exposures. Nevada garage insurance is designed to… Read more »