Auto Repair
TWFG Commercial Business SchoolRetail & Service Learning Objectives To understand the primary exposures by line of coverage To know what questions to ask and what information’s needed to pre-qualify To be familiar with the typical Supplemental App required by carriers To be familiar with the typical coverage enhancements offered To know which resources to consult for additional information
TWFG Commercial Business School Retail & Service Glossary Garagekeepers Coverage Business Income – Dependent Property Extended Business Income Manufacturer’s Selling Price (Valuation Option) Time Element Coverages
TWFG Commercial Business School Retail & Service Exposures in General General Liability Property Premises Flammables Products/Completed Operations Workers Compensation Premises Hazards
TWFG Commercial Business School Retail & Service Garage Supplemental
Preferred SIC Codes Support Document Located on the Branch & GA websites
TWFG Commercial Business School Retail & Service
TWFG Commercial Business School Retail & Service Submission Checklist A submission checklist is the easiest way to ensure that all exposures have been accounted for and addressed Support document is available on the Branch & GA websites
TWFG Commercial Business School Retail & Service Case Study This segment includes a Case study. For those Branches participating in the Certified Commercial Branch Agency (CCBA) Program you will need to complete and pass in order to receive credit for this segment. For Branches not participating, the Case Study is optional For GA agents the Case Study is optional. The Case Study material will be available on the Branch and GA portals RETURN COMPLETED CASE STUDIES TO MARK GLAUG @ mglaug@twfg.com
TWFG Commercial Business School Retail & Service QUIZ
TWFG Commercial Business School Retail & Service 1. What type of coverage does Garagekeepers provide?
TWFG Commercial Business School Retail & Service • What type of coverage does Garagekeepers provide? Physical damage coverage for autos in the insured’s care, custody or control.
TWFG Commercial Business School Retail & Service 2. What are the two main coverage options for Garagekeepers?
TWFG Commercial Business School Retail & Service • What are the two main coverage options for Garagekeepers? Legal Liability only or Direct (without regard to legal liability).
TWFG Commercial Business School Retail & Service 3. Name two possible products/completed operations exposures for an auto repair facility that could lead to damage to a customer’s vehicles.
TWFG Commercial Business School Retail & Service • Name two possible products/completed operations exposures for an auto repair facility that could lead to damage to a customer’s vehicles. Oil filter not completely tightened. Lug nuts on a tire not completely tightened. Oil crank case plug not tightened. Installation of the wrong oil filter.
TWFG Commercial Business School Retail & Service • What guidelines must be followed in the handling of flammables?
TWFG Commercial Business School Retail & Service • What guidelines must be followed in the handling of flammables? Properly labeled. Stored in an approved fireproof cabinet per NFPA guidelines.
TWFG Commercial Business School Retail & Service • What types of paint booths are acceptable?
TWFG Commercial Business School Retail & Service • What types of paint booths are acceptable? NFPA or UL approved paint booths which control ventilation and have explosion-proof fixtures.
TWFG Commercial Business School Retail & Service • Name three Workers Comp loss control practices that Auto Repair facilities should have in place.
TWFG Commercial Business School Retail & Service • Name three Workers Comp loss control practices that Auto Repair facilities should have in place. Providing safety equipment with adequate training. Enforced safety program. Regular safety meetings. Accident investigation procedures. Back-To-Work program. Regular inspection of premises and good housekeeping. Spill clean-up protocols (specific for oils, degreasers, brake fluid, etc.)
TWFG Commercial Business School Retail & Service • Will carriers write an Auto Repair facility that provides: a. Loaner Cars b. Tire Sales c. Towing d. Work on RVs
TWFG Commercial Business School Retail & Service • Will carriers write an Auto Repair facility that provides: a. Loaner Cars No b. Tire Sales Yes, if under 25% c. Towing Yes, 1 truck no program or comm vehicles d. Work on RVs No
TWFG Commercial Business School Retail & Service • Name 4 sources of possible Workers Compensation injuries.
TWFG Commercial Business School Retail & Service • Name 4 sources of possible Workers Compensation injuries. Strains/Sprains from lifting Burns from battery acid Paint fumes Injuries associated with vehicle lifts Falls into sub-flow oil change pits
TWFG Commercial Business School Retail & Service • Give an example of an Extra Expense.
TWFG Commercial Business School Retail & Service • Give an example of an Extra Expense. Temporarily relocating operations in order to continue doing business.
TWFG Commercial Business School Retail & Service Questions???
