South Dakota Garagekeepers Insurance

How to connect with a local expert

Written by Candace Jenkins
Written by Candace Jenkins

Candace Jenkins is a licensed insurance advisor with over a decade of experience. She is also a writer and loves to write on all things insurance. Candace writes for on a continuous basis and is here with the facts about all your insurance inquiries.

Reviewer: Jeffrey Green Reviewed by Jeffrey Green
Reviewer: Jeffrey Green
Reviewed by Jeffrey Green

Jeff Green has held a variety of sales and management roles at life insurance companies, Wall street firms, and distribution organizations over his 40-year career.  He was previously Finra 7,24,66 registered and held life insurance licenses in multiple states. He is a graduate of Stony Brook University.

South Dakota Garage Keepers Insurance

In 2019, South Dakota had $2,227,477,000 in commercial insurance claims paid. Protection for your business is essential to avoid financial ruin. Garagekeepers insurance can apply to several industries.

An independent insurance agent is here to help you find a policy that suits your needs and budget. They do the shopping for you at no additional cost. Connect with a local expert and start saving today.

What Is Garagekeepers Insurance?

In South Dakota, if you own and operate a company that services vehicles in any way, you may need garagekeepers insurance. This will help cover your risk associated with customer autos and inventory. Check out what this commercial insurance policy covers.

Garagekeepers liability insurance: Pays for the replacement or repair of your customer's vehicles. Any damage that may occur while they are in your care, custody, and control would be included under this policy. If you run an auto repair shop, this coverage will apply when you fix a customer's car or take it for a test drive.

How Much Is Garagekeepers Insurance in SD?

The exact costs for commercial insurance will vary from entity to entity. There are numerous factors that insurance companies use to rate your policies. Check out how carriers determine your garagekeepers insurance premium below.

  • Your experience level as a business owner
  • The type of business you run
  • The amount of coverage you would need
  • The value of customer vehicles at any given time
  • Safety procedures in place for accessing customer vehicles
  • Your loss history
  • How long you've been insured

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What Does Garagekeepers Insurance Cover?

In South Dakota, there are roughly 86,550 small businesses in operation. If you're one of them and are in the auto business, you may need garagekeepers coverage. Take a look at the kinds of industries garagekeepers insurance would apply to.

  • Tow truck operators
  • Quick lube shops
  • Auto glass shops
  • Auto body shops
  • Auto repair shops
  • Valet services
  • Auto emissions sites
  • Auto detailing shops
  • Auto painting shops
  • Auto sound installers

The types of damage that garagekeepers insurance will apply to

  • Fire
  • Theft
  • Vandalism
  • Natural disaster
  • Collision

Garagekeepers Insurance Limits

Garagekeepers insurance will help pay for the replacement or damage of customer autos and vehicle inventory in your care, custody, and control. How much commercial coverage do you need for adequate protection under a garagekeepers policy? The limit of protection will vary depending on the total value you have in vehicles.

Carriers ask for you to estimate the maximum value of cars in your possession at any given time. They will then set a blanket amount that you will have coverage up to in the event of a claim. Garagekeepers can help you save hundreds of thousands of dollars in a loss. 

What Does Garagekeepers Insurance Not Cover in SD?

With every commercial insurance policy you own, there will be exclusions that apply. Garagekeepers insurance won't include everything, and it's essential to understand what's not covered. Some of the most common are listed below.

What your garagekeepers insurance won't cover

  • Bodily injury
  • Property damage of a non-customer auto
  • Business property
  • Business equipment
  • Inadequate workmanship
  • Contents of your customers' vehicle
  • Warranties
  • Parts & labor

How to Connect with a South Dakota Independent Agent

Your commercial coverage needs to be accurate and sufficient. If you want to avoid a lengthy lawsuit that drains your cash flow, proper protection is necessary. Garagekeepers liability insurance can ensure you have enough coverage for a major loss concerning customer autos.

An independent insurance agent can help find a policy that meets your needs and your budget. They work with several markets so that you have the best options and premiums in town. Connect with a local expert on to get started.

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