Liability insurance and garage keepers legal liability insurance are two specifically different coverage’s.
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In the news recently, a man used a valet on a lunch date with his wife. A man, pretending to be the valet, used his claim ticket to steal his wife’s brand new BMW...
Liability insurance provides protection for the parking company for their negligence should they injury or damage someone or someone else’s property (i.e. Bodily Injury and Property Damage Coverage).
This would be to a third party. Garage keepers legal liability insurance provides protection for the parking company for their negligence should they damage the customers vehicle in which they have taken into their care, custody and control.
For more:Â http://www.valetpark.net/ins.html
Another good knowledge on insurance.
Another good knowledge on insurance.