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Garage Owner's policies provided by Columbia Insurance Group
Reasons To Buy Your Garage Businessowners Insurance From Columbia Insurance Group
- A BROAD PACKAGE OF PROPERTY AND LIABILITY COVERAGE will provide most of the protection needs of owners of small or medium size garage risks.
The program is designed for:
- Auto repair (mechanical, muffler, transmission, radiator, etc.) shops
- Self-serve & full-service gasoline stations
- Self-serve & automatic car washes
- Auto tire centers
- Auto storage garages
- Auto glass installation centers
- The PACKAGE CONCEPT eliminates the need for several policies which saves premium dollars.
- A SPECIAL COVERAGE plan plus optional coverages to tailor the policy to your business needs.
- REPLACEMENT COST or ACTUAL CASH VALUE on buildings.
Property on Special Form Basis.
Risks of direct physical loss except those excluded.
Building, including incidental and service buildings located on premises.
- Debris removal - 25% of the amount of loss to covered property, plus an additional $10,000 is included.
- Fences, antennas, signs, trees, shrubs and plants are covered for specified perils up to $500 per item: $2,500 per occurrence.
- Increased cost of construction due to ordinance or law, $5,000.
Business Personal Property, which automatically includes tenant's improvements and betterments.
- 25% "Peak Season" coverage if Coverage B is 100% of value.
- Includes Personal Property of others on premises.
- Includes Personal Property of newly acquired premises. Limit: $100,000 each location for 30 days.
- Includes Personal Property in transit and off premises. Limit $5,000
Business Income and Extra Expense
- Coverage for up to 12 months, if caused by a covered cause of loss.
Interior and Exterior Glass
- Broken exterior building glass is covered for replacement cost.
- Interior glass on the ground floor level is covered for replacement cost.
- An automatic increase in the limit of insurance for buildings by an annual percentage determined by the company.
Valuable Papers and Records
- Cost of Research Limit: $5,000 each premises (Higher limits available).
For your business premises/operations and business products/completed operations.
Available limits: $300,000 $500,000 $1,000,000
- Bodily Injury & Property Damage
- Personal Injury (false arrest, libel, slander, wrongful eviction and others)
- Fire Legal Liability... $50,000 limit, higher limits available
- Host Liquor Liability
- Medical Payments... $5,000 per person
- Advertising Injury
- Additional Persons Insured
- Limited Worldwide Liability
- Non-Owned Watercraft (under 26 feet) Liability
- Hired & Non-Owned Auto
Optional Liability Coverages
- Increased Fire Legal Coverage
- Additional Insured Coverage
- Garagekeepers Coverage (Legal Liability or Direct Basis)
- Hired and Borrowed Autos Physical Damage Coverage
- Vehicular Damage to Leased Property Coverage
- Auto Medical Payments, UM, UIM and PIP (where applicable) are offered according to state requirements.
- Employee Benefits Liability (not available in all states)
Optional Premier Endorsement
- A package of additional coverages at one discounted price.
Optional Property Coverages
- Outdoor Signs
Limits as noted on policy
- Money and Securities
Available limits of insurance are:
$2,000 Inside, $1,000 Outside or
$10,000 Inside, $2,000 Outside premises
- Employee Dishonesty
Available limits: $10,000 and $25,000
- Increased Accounts Receivable ($5,000 automatically included)
Limits as noted on policy
- Increased Valuable Papers and Records ($5,000 automatically included)
Limits as noted on policy
- Earthquake
Limits as noted on policy
Minimum 10% deductible
- Inland Marine
Tools and Equipment
Limits as noted on policy
- Business Computer
Limits as noted on policy
- Increased Forgery and Alteration ($2,500 automatically included)
Limits as noted on policy
- Tenants' Exterior Building Glass
- Utility Services
Direct Damage and Time Element
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