Garage policy
Term · Insurance and risk management · MLC-T-INS-001623
A specialized insurance policy designed for businesses involved in selling, servicing, or storing vehicles. It combines general liability coverage for the premises and operations with auto liability coverage for vehicles owned by the business or in its care. This policy addresses the unique risks faced by auto dealerships, repair shops, and service stations.
| Identifier | MLC-T-INS-001623 |
|---|---|
| Field | Insurance and risk management |
Record as JSON
{
"id": "MLC-T-INS-001623",
"term": "Garage policy",
"field": "Insurance and risk management",
"definition": "A specialized insurance policy designed for businesses involved in selling, servicing, or storing vehicles. It combines general liability coverage for the premises and operations with auto liability coverage for vehicles owned by the business or in its care. This policy addresses the unique risks faced by auto dealerships, repair shops, and service stations.",
"url": "https://mlchart.com/terminology/insurance/garage-policy/"
}
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