What does Garagekeepers Coverage provide?

What does Garagekeepers Coverage provide?

• A. Liability for employees
• B. Physical damage coverage for personal vehicles
• C. Physical damage coverage for customers' autos in care, custody, or control
• D. Coverage for leased vehicles

Answer: (C)

Garagekeepers Coverage is designed specifically for businesses that offer services to vehicles, such as garages or auto repair shops. This type of coverage provides physical damage protection for customers' vehicles that are left in the care, custody, or control of the garage. It applies to situations where a customer's vehicle is damaged while it is being stored, repaired, or maintained by the business. This coverage is crucial for garages and auto repair services because it protects them from financial loss arising from damages to vehicles that are not owned by the business but are in its possession. Generally, it covers incidents like theft, vandalism, or accidents that can occur on the premises or during the service process. In contrast, the other options do not accurately describe Garagekeepers Coverage. Liability for employees focuses on employers' responsibilities for workplace injuries, which is unrelated. Physical damage coverage for personal vehicles pertains to individual vehicle protection and not to vehicles in a garage setting. Coverage for leased vehicles concerns vehicles that businesses or individuals lease, which also does not directly relate to the specific risks addressed by Garagekeepers Coverage.

Garagekeepers Coverage is designed specifically for businesses that offer services to vehicles, such as garages or auto repair shops. This type of coverage provides physical damage protection for customers' vehicles that are left in the care, custody, or control of the garage. It applies to situations where a customer's vehicle is damaged while it is being stored, repaired, or maintained by the business.

This coverage is crucial for garages and auto repair services because it protects them from financial loss arising from damages to vehicles that are not owned by the business but are in its possession. Generally, it covers incidents like theft, vandalism, or accidents that can occur on the premises or during the service process.

In contrast, the other options do not accurately describe Garagekeepers Coverage. Liability for employees focuses on employers' responsibilities for workplace injuries, which is unrelated. Physical damage coverage for personal vehicles pertains to individual vehicle protection and not to vehicles in a garage setting. Coverage for leased vehicles concerns vehicles that businesses or individuals lease, which also does not directly relate to the specific risks addressed by Garagekeepers Coverage.