Definition - What does Garage Insurance mean?
Garage insurance refers to coverage for businesses whose operations are focused in a garage. It usually protects these businesses from liability related to damaged vehicles within the premises of the garage or any such place where vehicles are kept as part of the business operations.
Insuranceopedia explains Garage Insurance
Auto repair shops, auto dealerships, commercial garages, and any other similar business can benefit from a garage insurance policy.
The policy is somewhat similar to commercial general liability (CGL) insurance but the focus is on the garage and its own unique business set-up. For instance, a car being repaired in the garage is covered by this policy, but not by a CGL.
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