Garage Policy and Insurance

The following provisions apply unrestricted to additional Assured Coverage extended under policies issued Automobile Dealers or Automobile Repair Shops. Additional Assured Coverage may be issued in connection with policies covering Storage Garages, Tire Dealers or Battery Service ยป Stations, on the underwriting bases and at the rates referred to in this rule provided the coverage is definitely restricted to conform with the coverage available under the policy covering the Storage Garage, Tire Dealer or Battery Service Station.

(Proprietors and A garage policy issued on the Payroll Basis Executes covers without extra charge the personal liability of the owner, partner, president, vice-president, secretary or treasurer of such garage, provided such persons are specifically named in the policy or endorsement and that the salaries of such named persons are included in the payroll forming the basis of computing the premium for the policy as provided in the “Garage Payroll Policies Defined” Rule, and further provided that the coverage extended to such named person is limited to the operation (business and pleasure) of any automobile owned by or in charge of the garage, other than an automobile owned by a member of his family or by said partner, president, vice-president, secretary or treasurer.

If the risk is a co-partnership this coverage applies only to automobiles owned by the co-partnership. Automobiles personally owned by the members of a co-partnership whether or not used in connection with the business of the garage must be insured on separate policies at full Manual rates; likewise automobiles personally owned by officers.
A garage policy issued on the Payroll Basis extended for an additional premium, determined as hereinafter provided, to cover the pc, sonal liability of all employees of the garage, including proprietors and executive officers, whose remuneration is included in the payroll forming the basis of computing the premium for the policy as provided in the “Garage Payroll Policy Defined” Rule, without specifically naming the employees, proprietors or executive officers. This extended coverage shall be granted by an endorsement to the effect^ that each employee, proprietor or executive officer so covered is protected only for the operation (business and pleasure) of any automobile owned by or in charge of the garage, other than an automobile owned by a member of his family or by the employee, partner or executive officer. Automobiles owned by partners, executive officers and other employees must be insured separately at the full Manual Rates.


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