How does Garagekeepers Insurance differ from auto insurance?

Garagekeepers Insurance and auto insurance are distinct types of insurance that serve different purposes and protect against different risks. Here are the key differences between Garagekeepers Insurance and auto insurance:

Garagekeepers Insurance:

Coverage Focus: Garagekeepers Insurance is designed to protect businesses that take custody of customers' vehicles, such as auto repair shops, towing companies, and parking garages. It primarily focuses on the protection of customers' vehicles while they are in the care, custody or control of the insured business.

Coverage Scenarios: Garagekeepers Insurance typically covers damage caused by collisions, comprehensive events (theft, vandalism, fire, etc.), and legal liabilities related to the vehicles in the business's possession.

Auto Insurance:

Coverage Focus: Auto insurance is intended to protect the owner or driver of a vehicle against a range of risks, including accidents, theft, damage and legal liability.

Vehicle-Centric: Auto insurance is vehicle-centric and provides coverage for a specific vehicles owned or operated by an individual or business.

Coverage Scenarios: Auto insurance covers accidents, injuries to people, damage to property, liability for accidents, and damage to the insured vehicle. It typically does not cover damage to vehicles in the custody of others.

Policy Customization: Policyholders can customize their auto insurance coverage by choosing coverage levels, deductibles and additional coverage options to match their needs.

Personal and Commercial Use: Auto insurance can cover both personal and commercial vehicles, including those used for commuting, personal use or business purposes.