Car garage insurance: classic or multi-risk contract?

Car garage insurance: classic or multi-risk contract?

For a mechanic, it is often more interesting to take out comprehensive insurance. Not only will the management in the event of a claim or during the contract be made easier, but above all the assumption of responsibility for all the risks that may be due to your activity will be ensured.

Comprehensive garage insurance covers the same risks as conventional garage insurance, depending on the level of coverage you choose.
In fact, it is you who define the formula appropriate to your activity as well as the additional guarantees that you can take out as an option: your multi-risk contract is therefore adapted to the specificities of your business.

If it covers the same risks, multi-risk garage insurance can provide, in addition to vehicle insurance:

    Your garage: the room itself as well as the outdoor installations.
    Your professional equipment: equipment, machines, tools located in the garage area. Often as an option, you can also insure computer equipment or transported equipment.
    Loss of operations: in the event that your premises are unusable after a disaster.
    Your liability towards third parties via your Automobile Civil Liability and Professional Civil Liability which will cover the compensation due directly with the victim.
    Your legal protection: in the event of professional misconduct involving your liability. This guarantee covers legal costs in the event of a dispute brought before the courts.

On what criteria to choose the best auto garage insurance?

    The guarantees, their limits and exclusions. It must be adapted to your activity and cover at least vehicles and people (third parties as well as employees). The maximum guarantees should be monitored: the more expensive machines you use and the larger your garage, the higher they must be. Pay particular attention to exclusions. In principle, you can buy back an exclusion against the application of an additional premium and / or the installation of devices to limit the risk of theft of your vehicles (alarm, garage locking device, etc.).

    The price and amounts of deductibles. Going through a professional vehicle insurance comparator online during your research is essential to find the one with the best quality coverage / premium price ratio. Be careful with the deductibles applied in the event of a claim, they are often high under certain garage insurance contracts. However, beware! As a general rule, when deductibles are low, then it is the annual premium amount that is important.

    The choice of insurer and its assistance services. It is also important to subscribe to a reliable and trustworthy organization. The company chosen will be your contact in the event of a claim. A broker can direct you to the best insurance policies suited to your business.

Do not underestimate your Civil Liability coverage: it is surely the most important protection! If material or bodily injury occurs during your activity, you must repair this damage under Article 1242 of the Civil Code. In the event of a dispute with a customer or an accident caused by a vehicle leaving your garage, a lack of coverage could be extremely costly for your garage because you will be held responsible.
It is imperative that this cover is adapted to your business: the wording of your activity must be noted on the insurance contract including your Civil Liability cover.

If you're having trouble understanding the terms of your coverage or finding an insurer that's right for your fleet, don't hesitate to consult a broker. Our experts are available online or by phone.