Garage Liability

Nuts & Bolts: The Dallas branch office of Western Security Surplus Insurance Brokers (WSS) announced that with the addition of a new property and casualty market, they now have in-house binding authority for five facilities. This market has an appetite for garage liability risks including garage keepers legal liability and garage keepers physical damage, dealer’s pen lot and dealer’s liability in addition to many of the more difficult to place risks such as children’s day care, adult day care, demolition contractors, rehabilitation facilities and more.

Dollars: Limits of $1,000,000 for each accident and $2,000,000 aggregate. garage keepers/physical damage is $250,000 per location and $50,000 per auto. Minimum premiums are $950 per location for dealers and $650 per location for no-dealers.

Carrier: This is a non-admitted facility rated “A+ 15”.

States Available: Texas.

Contact: Debra Smith, (972) 702-0500 or dsmith@wssib.com or Kyle Stevens, (972) 702-0500 or kstevens@wssib.com