Annual garage liability insurance costs typically fall between 1 000 and 3 500.
Average cost of garage liability insurance.
The nature of your business.
Extends the limits on underlying liability policies including garage liability and commercial auto.
The number of vehicles you hold on any given day.
Just like the dealer bonds most states have different requirements.
You can select from a variety of options depending on your state but the typical maximum available limit is 2 500 per occurrence.
Florida ranks highest at 736 per year and north dakota ranks as the least expensive state at only 242 annually.
How much your garagekeepers insurance will cost depends on several factors including.
Types of garage keepers insurance.
Affordable garage liability insurance in florida for dealerships repair shops gas stations tow trucks and parking lots.
The average cost of car insurance in the united states is 1 555 per year for full coverage.
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Most states require some sort of garage liability insurance for car dealerships.
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We are able to shop your insurance with many carriers for the lowest possible prices.
Usually a more cost effective option than adding additional coverage on your liability policies.
Whether one car or a garage full of cars is damaged while in your care the total amount covered by garagekeepers insurance is based on the limit you choose.
Garage liability insurance is necessary for this type of coverage.
The type of vehicles you service.
The location of your business.
However the exact cost of coverage varies from person to person so if you re wondering how much.
Garage keepers insurance coverage is a policy meant to protect your customer s property while in.