| Garage insurance is a much misunderstood policy | | | | Symbol 21 Any auto |
| form. Many professional insurance agents are | | | | Symbol 22 All owned autos |
| confused about exactly when to use it and more | | | | Symbol 23 Owned private passenger autos only |
| importantly exactly how. You can use a garage liability | | | | Symbol 24 Owned autos other than private |
| policy to protect a used car dealer, often referred to | | | | passenger |
| as dealer's insurance, or you can use this same form | | | | Symbol 25 Owned autos subject to no fault laws |
| to protect an automotive repair shop or to set up body | | | | Symbol 26 Owned autos subject to Uninsured |
| shop insurance. The trick is to know the symbols. If | | | | Motorists law |
| you own a car dealership or an automotive repair | | | | Symbol 27 Specifically described autos |
| shop and are purchasing insurance for your business, it | | | | Symbol 28 Hired autos only |
| is advisable that you find an agent who specializes in | | | | Symbol 29 Non-Owned autos used in the Garage |
| the garage insurance form to help you with this | | | | Business |
| purchase so you don't end up with the wrong form | | | | Symbol 30 Autos Left for Service/Repair/Storage |
| and perhaps find yourself without coverage after a | | | | Symbol 31 Autos on Consignment |
| large loss. | | | | As you have probably figured out, if you are an |
| As I mentioned earlier, both types of businesses, auto | | | | automobile dealer and you have symbol 30 on your |
| repair and or body shops and used car dealers both | | | | policy, you would find yourself without coverage. So |
| need the garage policy. But exactly what kind of | | | | why not just put symbol 21 on all coverages? Well, |
| operations are covered in these policies is driven by | | | | since code 21 is the broadest coverage, you would |
| the symbols shown on the policy. This is very | | | | have to pay more for this insurance policy and in |
| important. If your business is automotive repair or body | | | | some cases you might be purchasing insurance |
| work but your policy is set up with symbols that would | | | | protection that you didn't really need. |
| apply to a car dealership, you could find yourself | | | | Take some time to look at your policy carefully and |
| without coverage in the event of a liability loss. | | | | review the symbols for each line of coverage to |
| So how do you know if you have the correct symbols | | | | make sure that they are appropriate for the work you |
| and thus the correct form? Pull out your garage policy | | | | do. If you need help with this process, consult your |
| and look at the first page. Beside each type of | | | | agent. If you agent doesn't specialize in businesses |
| coverage, usually to the left, there will be a least one | | | | needing garage policy, ie dealers insurance and auto |
| two digit number between 21 and 31. These symbols | | | | repair shop insurance, then find one who does. This |
| will describe what is protected by the coverage | | | | protection is just too important to leave up to an agent |
| shown beside that symbol. Here is a list of the most | | | | who is practicing on the job learning on your policies. |
| common symbols and what each one protects: | | | | |