Garage liability insurance will not cover the tools, building, personal, or business property of the policyholder. It does not provide coverage for
vandalism, stolen vehicles
, or damage from events such as hail. The policy does not cover accidents or damage to the customer’s cars on-site for service.
Which of the following business is not eligible for the Garage Coverage Form?
Which vehicle is not eligible for a Business Auto Coverage Form?
A forklift, other than by endorsement
, is not eligible for auto coverage.
Which of the following is not automatically included in a garage coverage form?
Which of the following is not automatically included in a Garage Coverage Form? The Garage Coverage Form provides
liability coverage
for Premises and Operations, Products, and Completed Operations Liability, but not for Contractual Liability.
Which of the following businesses might be covered under a garage coverage form?
the Garage coverage form?
autos left with the insured for service, repair, storage, or safekeeping
. autos and autos held for sale by dealers, nondealers, or trailer dealers.
Which of the following are covered under business auto liability coverage?
Commercial auto insurance typically provides coverage for: liability damages;
collision or comprehensive physical damage loss to your business autos
; medical expenses for injury to occupants of your business autos; and damages sustained by occupants of your business autos due to the negligence of an uninsured or …
What is the garage Coverage form?
Start with a basic definition of garage liability. The coverage is, in a sense, the
equivalent of combining a business auto form with a commercial general liability form including products and completed operations
.
What is a garage policy in insurance?
Garage Policy —
a commercial auto policy designed to address the needs of auto dealers
. Coverages include garage liability, garagekeepers, and auto physical damage; other coverages are available by endorsement.
Which coverage is not available under the Garage Coverage form quizlet?
The Garage Coverage Form provides liability coverage for Premises and Operations, Products, and Completed Operations Liability, but not for Contractual Liability.
A car rental agency
would not be eligible under this form, which is intended for businesses that sell, service, or store automobiles.
Which of the following would not qualify as a hired auto?
Hired autos are vehicles your business leases, hires, rents, or borrows that are used in the course of doing business.
Vehicles you lease, hire, rent, or borrow from any of your employees
, partners, limited liability members, or household members are not considered hired autos.
What is the business auto coverage territory for?
The coverage territory for the business auto coverage form includes
the United States and its territories and possessions, Puerto Rico, and Canada
. In addition, the form provides Worldwide liability coverage for private passenger autos the insured hires, leases, rents, or borrows without a driver for 30 DAYS or less.
What is the difference between garage liability and Garagekeepers?
Do your clients know the difference between garage liability and garagekeepers insurance? …
Garage liability covers the insured’s liability for operations and autos
, while the latter covers damage to customers’ vehicles while on premises.
Which symbol covers physical damage for dealers?
Symbol 31
covers dealers “autos” and “autos” held for sale by non-dealers or trailer dealers. This is used for physical damage coverage. Since the liability coverage part covers both CGL-type exposures and auto-type exposures, the policy includes two definitions of “who is an insured”.
What is the difference between garage and garage keepers?
In a nutshell, the difference between garage liability coverage and garagekeepers coverage is
the difference between liability insurance and physical damage insurance
. … The other vehicle and its driver are covered by the garage liability policy. The customer’s vehicle is covered by the garagekeeepers.
What are the commercial auto symbols?
- 1 = Any “Auto” …
- 2 = Owned “Autos” Only. …
- 3 = Owned Private Passenger “Autos” Only. …
- 4 = Owned “Autos” Other Than Private Passenger “Autos” Only. …
- 5 = Owned “Autos” Subject To No-Fault. …
- 6 = Owned “Autos” Subject To A Compulsory Uninsured Motorist Law. …
- 7 = Specifically Described “Autos”
Does my personal auto insurance cover business use?
Your personal auto policy
provides coverage for some business use of your vehicle
. … A personal auto policy is unlikely to provide coverage, however, if the vehicle in question is used primarily in business. It will not provide coverage for any vehicle owned by a business.
Which of the following is not eligible for coverage under the personal auto policy?
Which of the following is not eligible for a Personal Auto Policy?
A vehicle used as a public or livery conveyance
is not eligible for a Personal Auto Policy. … Collision only applies to a vehicle of the insured and is applied regardless of fault.
