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CGL vs. Garage Liability Insurance: Which is Right for Your Client?

May 25, 2022

Suppose your client is an auto dealer with a large lot of cars for sale. While rearranging cars on the lot, one of your employees accidentally crashes one car into another. Is this damage covered?

Auto businesses have unique risks and, therefore, need specific insurance coverage and protection. Should your clients鈥 auto businesses have a Commercial General Liability (CGL) policy or Garage Liability Insurance policy? Let鈥檚 compare the two.

Commercial General Liability (CGL) is a common, comprehensive policy that insures businesses against property damage or bodily injury claims resulting from their actions to others. This policy can help cover claims including:

  • caused by your business
  • for customers injured by your business
  • , including damage caused by fire, lightening or explosion
  • if someone sues you for libelous or slanderous statements
  • issues, such as a lawsuit claiming an ad contained misleading or erroneous information

Garage Liability is a designed specifically for businesses within the automotive industry, including auto dealers, parking garages, parking lots, vehicle customization shops, repair shops, and more. Garage Liability protects your business from bodily injury and property damage resulting from business operations.

While not all Garage Insurance policies offer the same amount of coverage, most cover:

  • Liability claims, such as
  • caused by business-owned equipment
  • Products manufactured or sold by your business that to a customer鈥檚 vehicle

When determining if your client needs CGL or Garage Liability coverage, consider whether there鈥檚 auto exposure to the risk.

A garage policy is beneficial for auto businesses because it provides an all-in-one approach to cover their premises, products, and autos. Unlike a CGL policy, it can also include a variety of physical damage coverages around autos for personal, service, or commercial use, including:

  • The care, custody, and control of non-owned autos
  • Physical damage coverage for dealers鈥 autos

Additional coverages can be added to the Garage Coverage form, including:

  • Uninsured/underinsured motorist
  • Personal injury protection
  • Broadened coverage

To determine whether your clients鈥 businesses are eligible for Garage Liability, please consult this chart as a general guide:

Eligible for Garage Form:

Ineligible for Garage Form:聽

Towing service with impound lot聽

Towing service without impound lot聽

Valet parking lot

Self-parking lot

Full-service car wash

Self-service car wash

Transmission, windshield, radiator, brake repair on autos

Tire, part, carburetor, upholstery sales without installation

Heavy truck sales

Tire manufacturing

Auto dealer

Parts manufacturing

Auto window tinting on autos

Mobile home repair

Trailer customizing

Drive away contractor

Auto storage

Auto rental operation

Auto auction

Lessor鈥檚 risk only

Auto body painting

Rental dwellings

Paintless dent removal

Contractors鈥 equipment rental

Tow truck assembly

Watercraft sales

Trailer hitch installation

Salvage yard 鈥 100% part sales

Quick lubes

Auto dismantling with part sales only

 

麻豆放映免费’s specialized garage brokers understand the unique intricacies of the insurance coverages required to properly protect an auto business. For more information, contact us.

The 麻豆放映免费 Transportation/Garage Insurance Team

The 麻豆放映免费 Transportation/Garage Insurance Team

If your risk has wheels, 麻豆放映免费鈥檚 transportation and garage team has a broad range of insurance solutions for you. Our industry-leading underwriters are always imagining what鈥檚 ahead of the curve in the transportation industry and ready to combat any current or future challenges that may exist in the marketplace.
commercial transportation coverage | comparing coverage | garage liability insurance | Transportation | transportation insurance

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