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Garage Email to bri@wiainsurance.com with your faclity name

Core Coverage Highlights

Travelers Garage business owners policy offers an affordable way for you to obtain property and liability insurance. This policy includes key coverages that are important to any business, and also offers additional business- specific options that are important for any garage.

Property highlights

Property coverage covers your building and business personal property for replacement cost with no coinsurance.

  • Accounts receivable: – Coverage is included up to $25,000 on and off premises. On-premises limit may be increased – Deductible does not apply

  • Business personal property: – Includes your employees’ tools and equipment and insured’s diagnostic equipment, which are covered as business personal property while on the premises – Loss by theft to employee’s tools is included up to $2,500, up to $500 per employee

  • Crime coverage: – Employee dishonesty and forgery or alteration coverage are both included up to $25,000 and limit may be increased – Money and securities are included within business personal property – Theft damage to rented property coverage is included within business personal property when tenant is contractually obligated to make repairs

  • Electronic data processing equipment, data and media: – Coverage is included subject to the business personal property limit, for a maximum of $50,000 – Limit may be increased – Coverage applies worldwide – Enhanced perils under this coverage extension include protection against loss by electrical current, mechanical breakdown and power failure – Off-premises (including transit) coverage, backup data off-premises coverage, and newly acquired equipment coverage are included up to $25,000

    • Equipment breakdown: – Coverage for equipment breakdown is included within applicable limits – Diagnostic equipment, power-generating equipment, and production equipment are limited to $100,000 for direct damage – Limit may be increased – Service interruption of water, communication or power supply services is covered from a covered breakdown (when business income and extra expense is covered)

    • Motor vehicle damage to leased buildings: – Coverage is included with limits up to $25,000

    • Signs: – Coverage for signs within 1,000 feet is included within the building limit when building coverage is written or within business personal property limit when tenant is contractually obligated

    • Valuable papers and records: – Coverage is included up to $25,000 on and off premises. On-premises limit may be increased – Includes the cost to research, replace or restore lost information

General liability highlights

General liability coverage protects you against claims for damages because of bodily injury or property damage to others resulting from your business operations.

  • General liability limits of $1 million per occurrence/ $2 million aggregate are standard for Garage PacSM

  • Garagekeepers liability is included for either direct primary or legal liability coverage

  • Bodily injury and property damage liability

  • Medical payments for $5,000 per person

  • Damage to premises rented to you is included up to $300,000. Limit may be increased

  • Host liquor liability

  • Limited worldwide coverage

  • Personal and advertising injury

  • Premises liability

  • Products/completed operations liability

Popular options for garages

  • Power PacSM property coverage endorsement – enhances coverage in 20 key areas. See chart on reverse side for more details

  • Business income and extra expense – covers income that is lost due to suspended operations caused by damage at the described premises from a covered cause of loss – Optional – When selected, coverage applies on an actual loss sustained basis for up to 12 consecutive months – The coverage may also be written with a policy or location level dollar limit

  • Mechanic’s tools and equipment: – Provides coverage for employee tools and equipment while off premises and removes theft limitation

  • Other options available: – Higher limits for most individual coverage extensions – Building owners endorsement – ERISA – Hired and non-owned auto liability

  • XTEND Endorsement® for liability coverage enhancement – it provides 15 extensions of coverage including: – Broadened named insured – Blanket additional insured – managers or lessors of premises or leased equipment

Coverage features for Power Pac endorsement (MP t9 70)

topic /coverage

Without

Power Pac

endorsement

With Power Pac endorsement

Accounts receivable – at described premises

$25,000

Current limit increased by $100,000

Accounts receivable – in transit or at a location other than described premises

$25,000

Current limit increased by $100,000

Brands and labels

None

$25,000

Business income and extra expense – dependent property

$10,000

$25,000

Business income and extra expense – newly acquired premises

$250,000

$500,000

Claim data expense

$5,000

$10,000

Computer fraud

None

$5,000

Electronic data processing equipment/data/media – electronic vandalism

$25,000

$50,000

Electronic data processing equipment/data/media – in transit or at a location other than described premises

$25,000

$50,000

Extended business income

60 Days

90 Days

Identity fraud expense

None

$15,000 (annual aggregate limit)

Limited building – tenant obligation

None

$5,000

Lost key consequential loss

None

$500

Newly acquired or constructed property – business personal property

$250,000

$500,000

Ordinance or law – increased period of restoration

$25,000

$50,000

Ordinance or law – tenants improvements and betterments

Not included

Included

Outdoor trees, shrubs, plants and lawns

$3,000

$5,000

Unauthorized business card use

None

$5,000

Utility services direct damage – water, power and communication

None

$2,500

Utility services time element – water, power and communication

None

$2,500 water, power and additional communication coverage at each described premises (24-hour waiting period)

total account solution – travelers also offers competitive coverages and rates for:

  • Workers compensation

In today’s ever-changing workers compensation climate, it is critical to have the best insurance carrier working with you to protect your employees and fight rising loss cost trends.

travelers offers:

  • Claim and medical professionals to promptly handle, investigate and resolve your claims

  • Early intervention medical networks and return-to-work strategies to control claim costs, enabling your injured employee to return to work when medically appropriate

  • Information directly to the injured employee via the Internet. Employees can go online to review their claim payment information and obtain medical self-care tips

  • Workers compensation may also be written on a stand-alone basis

Automobile

To protect against liability or physical damage losses.

travelers offers:

  • Commercial auto coverage providing protection for physical damage to and liability for use of your owned autos

  • Ability to tailor coverage for hired and non-owned auto exposures

  • Capacity to write multi-state exposures on one policy*

  • Select Auto CoveragePlus® endorsement adds thirteen new coverage enhancements in one coverage form (not available in all states)

* Multi-states capability does not apply in HI and MA

Umbrella liability

Provides protection above the general liability, automobile liability and employer’s liability coverages on your underlying insurance policies. The Umbrella policy can provide primary coverage in certain situations depending on the scope of the underlying coverage.

travelers offers:

  • Protection above the general liability, automobile liability and employer’s coverages on your underlying insurance policies

  • Coverage includes: – Broadened definition of named insured – Expanded definition of bodily injury – Worldwide territory – Automatic coverage for newly acquired or formed organization without the 90-day limitation

  • Umbrella limits are available for up to $25 million of total aggregate protection

Why choose travelers – travelers offers top-of-the-line service for:

risk control

  • Access to products and resources, training and education

  • technical bulletins

Claim services

  • 24-hour claim reporting via the internet, phone or fax

  • toll-free phone: 800.238.6225

  • Claims handled promptly and professionally

Billing plans

  • one simple bill for all coverage we write

  • Convenient installment payment plans

  • toll-free customer service: 800.252.2268

Welsh Insurance Agency
Brianna Yakovee
Marketing Agent
bri@wiainsurance.com
633 N Denver Ave.
Loveland, CO 80537
wiainsurance.com
Tel: 970.663.5404
Direct: 970.744.4348
Cell: 720.435.0862
Fax: 970.663.1834

travelers.com The Travelers Indemnity Company and its property casualty affiliates. One Tower Square, Hartford, CT 06183 This material does not amend, or otherwise affect, the provisions or coverages of any insurance policy or bond issued by Travelers. It is not a representation that coverage does or does not exist for any particular claim or loss under any such policy or bond. Coverage depends on the facts and circumstances involved in the claim or loss, all applicable policy or bond provisions, and any applicable law. Availability of coverage referenced in this document can depend on underwriting qualifications and state regulations. © 2014 The Travelers Indemnity Company. All rights reserved. Travelers and the Travelers Umbrella logo are registered trademarks of The Travelers Indemnity Company in the U.S. and other countries. CX-1269 Rev. 12-14