A brief about Garage Insurance

Garage insurance comes to play a vital role towards protecting the insured or his business in the event of an accident under the insured's ownership, maintenance or use of the space as a garage. It bears the expenses of the injured in terms of medical treatment and property damages. It also reimburses for the accidents resulting from mishandling of service hoists or elevators. Thus it ensures the financial security and protects the insured from getting sued for loss or injuries caused to others by an accident. The garage insurance protects the automobile investment of an auto dealer who has this insurance.