Garage Keepers Insurance is essential for businesses that handle customer vehicles, including auto repair shops, car dealerships, towing companies, and parking facilities. Any business that takes custody of vehicles should consider this coverage.

While Garage Keepers Insurance is not legally required in British Columbia, it is strongly recommended for businesses that service or store customer vehicles. Many clients expect insurance coverage before leaving their vehicles in your care.

The cost of Garage Keepers Insurance can vary based on several factors, including the size of your business, the number of vehicles you handle, your claims history, and the specific coverage limits you choose. The location of your business may also influence premiums.

Yes, many insurers allow you to customize your Garage Keepers Insurance policy by adding endorsements or riders for additional coverage options, such as equipment breakdown, liability protection, or coverage for specific types of vehicles.

If a customer’s vehicle is damaged while in your care, you should immediately notify your insurance provider to initiate a claim. Document the damage with photos and gather any relevant information to support the claim process.

Garage Keepers Insurance typically covers only vehicles owned by customers while they are in your care. Personal vehicles owned by you or your employees are generally not covered under this policy.

To choose the right coverage limits for your Garage Keepers Insurance policy, assess the total value of the vehicles you typically handle and consider potential losses from theft or damage. Consulting with an insurance professional can help you determine appropriate limits based on your specific business needs.

Yes, common exclusions may include damages caused by natural disasters (unless specifically covered), intentional acts, or wear and tear on vehicles. It’s essential to review your policy carefully to understand any exclusions that may apply to ensure adequate protection.