What insurance for an auto garage?

What insurance for an auto garage?

As a professional working on a fleet of vehicles, which insurance product is best suited to your vehicles, your Civil Liability and your garage? How to get the best quotes and what are the criteria to watch out for when choosing the contract? Access our comparison of garage insurance prices as well as our reminder of compulsory coverages to practice your profession.
garage insurance comparison

Summary

    What does professional auto garage insurance cover?
    How to receive garage insurance quotes?
    What is the price of professional garage insurance?
    Car garage insurance: classic or multi-risk contract?
    On what criteria to choose the best auto garage insurance?
    Opening a car garage: what do the regulations say?

What does professional auto garage insurance cover?

Professional garage insurance covers different types of vehicles: those that are entrusted to you, those that belong to your business and finally, if you have any, those that are intended for sale.

Depending on the formula you choose, professional auto garage insurance will cover the most common risks associated with vehicles, namely:

    Damage that you could cause to vehicles in the course of your trade (poor workmanship or faulty parts on a entrusted car or an accident with a car you own, for example).
    Water damage, theft or vandalism causing damage to entrusted vehicles or those belonging to you.
    You and your employees, if declared in the contract, in the event of a car accident at your workspace or during a delivery trip of a vehicle to a customer.

The minimum garage insurance formula, often referred to as third party insurance, contains motor vehicle liability coverage. The latter is mandatory to protect third parties. Make sure that other situations are covered: it must cover you in the event of damage caused in the course of your work but also following an accident affecting third parties after having been repaired by the garage.
The intermediate formulas include other relatively conventional guarantees, such as for example theft, vandalism or water damage.
Finally, the all-risk formula is the most complete. This is the one that is recommended, because as an automotive professional, you are responsible for the vehicles entrusted to you. Thus, all accidental damage that occurs to these vehicles will be covered by your insurance.

Breakdown services as well as optional guarantees make it possible to perfectly adapt the coverage of your contract to your particular activity (operating loss due to the immobilization of your professional vehicle, for example).
How to receive garage insurance quotes?

Professional garage insurance is aimed at several types of activities ... Thus, insurance companies have adapted: most of them are able to offer you one or more formulas containing guarantees specific to your activity.

You can contact the major insurance organizations on the market. By mail or by phone, you will be invited to make an appointment at the nearest branch. Online, you will need to respond to each inquiry (usually in the form of a questionnaire). The purpose will be to receive, for each insurance solicited, a cover proposal adapted to your activity and quantified.

The 2nd solution is to use an online broker. A garage insurance broker will sort through the offers for you, in seconds. A single questionnaire is enough to access market proposals, updated in real time and personalized. They will be adapted to your profession, the desired level of guarantee and your budget. We recommend the broker specializing in professional insurance: Coover. They have a very good contract on the garages.
What is the price of professional garage insurance?

Several criteria are taken into account to determine the price of garage insurance:

    The number of vehicles as well as their value, their power, their function and their purpose (vehicle intended for sale, loan vehicle, etc.). The larger your garage, the more vehicles are entrusted to you, increasing the level of risk that your insurer accepts to cover.
    The type of activity and the use and liability of your company towards the vehicles entrusted, sold or belonging to you (transport vehicles or foodtruck insurance). The amount of contributions will change depending on the type of business and the level of risk you represent.