Garage Insurance in Ontario
Running a business is no small feat – it requires vision, hard work, and a solid foundation of expertise. That’s where Humberview Insurance comes in. Think of us as more than just an insurance provider; we’re your partner, committed to helping your business thrive and grow. We understand the complexities of Ontario business insurance, including Garage Insurance, Garage Liability Insurance, Auto Repair Shop Insurance, and Mechanic Shop Insurance. We offer customized solutions to protect your enterprise. With Humberview Insurance by your side, you can focus on what you do best, confident that we’re here to support you every step of the way. Reach out to us today – let’s discuss how we can contribute to your success and keep your business secure. Simple, straightforward, and always there for you – that’s our promise at Humberview Insurance
Standard Ontario Commercial Fleet Insurance
Policy 1: Ontario Garage Automobile Policy
This policy specifically covers customer vehicles’ in your care, custody, or control. It includes protection against physical damage to the vehicles and liability coverage in case an accident occurs while driving a customer’s vehicle. This is essential for businesses like auto repair shops, which frequently handle other people’s vehicles.
Typical Coverages under an Ontario Garage Auto Insurance Policy
Third Party Liability
Accident Benefits
Uninsured Automobile
Direct Compensation‐ Property Damage
Liability for Damage to a Customer’s Automobile while in the care, custody or control of the insured.
Policy 2: General Liability Insurance for Your Garage
This policy provides broader coverage for the general risks that any business faces. It protects against claims of bodily injury, property damage, and personal injury that might arise from the daily operations of your garage. For instance, if a customer slips and falls on your premises, this insurance will help cover the resulting costs. However, standard Commercial General Liability (CGL) policies in Ontario typically exclude damage to property in the insured’s care, custody, or control, which includes automobiles, which is why you need a garage auto policy and a CGL policy to fill in any potential gaps in coverage.
Types of Businesses That We Insure That Need Garage Policies
Auto Repair Shops
Auto Body Shops
Service Stations
Parking Gages and Valet Services
Car Washes & Detailers
Auto Glass Installation and Repair
Tire Sales and Service
Mobile Mechanics including Truck and Trailer Repair
Unfortunately We are not insuring car dealerships at this time
Standard Exclusions under an Ontario Garage Automobile Policy
When it comes to garage automobile insurance policies in Ontario, there are specific exclusions that typically apply. Understanding these exclusions can help policyholders avoid unexpected gaps in coverage and ensure they are adequately protected. Here are some standard exclusions often found in these policies, but of course its important to note every policy is different and to check with an Insurance Agent or Broker for your specific circumstance.
Owned Automobiles
Automobiles that are owned by the policyholder are often excluded from coverage under the garage automobile policy. This means any damage or loss involving these owned vehicles will not be covered, and a separate policy may be required to insure these vehicles.
Property Carried In or Upon the Automobile
The policy generally does not cover property that is being transported in or on the vehicle. This includes tools, equipment, and other personal belongings that may be inside the car at the time of an incident. For coverage of such items, a different type of insurance, such as a commercial property policy, would be needed.
Aftermarket Accessories Exceeding $1,500 in Value
Any aftermarket accessories or modifications to the vehicle that exceed $1,500 in value are typically excluded from coverage. This includes custom parts, high-end audio systems, and other enhancements. If the value of these accessories is significant, it is advisable to consider additional insurance to cover them.
Unauthorized Use of the Automobile
The policy excludes coverage for any use of the vehicle that is not authorized, including racing, stunts, and illegal activities. Engaging in such activities can lead to a denial of claims if an accident or damage occurs during unauthorized use.
Intentional Damage
Any damage caused intentionally by the policyholder or with their consent is excluded. This means that if the policyholder deliberately damages the vehicle, the insurance will not cover the repair or replacement costs.
Wear and Tear
Normal wear and tear, including gradual deterioration, mechanical breakdown, and maintenance-related issues, are not covered. The policy is designed to protect against sudden and accidental damage, not the inevitable decline in condition due
to regular use.
