AUTO SERVICE SHOPS

Waterloo Insurance offers coverage tailored to the needs of the automobile services sector. The Auto Service products provide specialized coverage for real and personal property, business income, employees’ tools, garage liability, garage keepers’ physical damage and the insureds’ own autos. Whether a single location or many, Waterloo Insurance also offers enhanced property coverage, including equipment breakdown and umbrella limits to suit insureds’ needs.

Product Flexibility

Umbrella limits to suit most insureds’ needs
Property enhancement coverage, including equipment breakdown
Single or multi-location / multi-state capabilities
GL and Property Package capabilities for operations incidental to garage operations
Garage Extension Endorsement, including:

- Title E&O

- Insurance Agents E&O

- Truth in Lending E&O

- Odometer Alteration Liability

- Defective Products Liability

- Auto Dealers Legal Defense Coverage

- Fellow Employee Coverage

Preferred Exposures

Auto Service covers a wide range of automobile sales and service operations, including but not limited to the following classes:

Lube and oil service
General auto service and repair
Tire shops
Brake service and repair
Transmission service and repair
Paint and body shops
Car wash and detailing – including mobile operations

Coverage Options

Garagekeepers Legal Liability: Coverage for damages to a customer’s auto in which an insured is legally liable
Garagekeepers Direct Primary: Coverage for damages to a customer’s auto regardless of whether an insured is legally liable
Garagekeepers Direct Excess: Coverage for damages to a customer’s auto regardless of whether an insured is legally liable; however, only over any other collectible insurance

Submission Requirements

Waterloo Insurance garage application
Waterloo Insurance supplemental applications for specified classes

Ineligible Exposures

Working out of a personal residence or garage
Outdated or unsafe equipment & tools
Poor housekeeping
Poor service practices

Underwriting Guidelines

All sales and service operations must demonstrate that they have:

Adequate business experience and management skills evidenced by the following:

- Sound financials

- Excellent hiring practices

- Excellent housekeeping and loss prevention

Modern equipment including (if applicable) UL-listed paint booths, storage cabinets and ventilation systems
Access to current technical service bulletins

It is preferred that there be at least one ASE or equivalent certified mechanic employed.