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Webcast

Garage Operations, Valet Parking, Storage Facilities and Similar Auto Risks - Vital Coverage Considerations


Total Credits: 3 including 3 CE Credit

Average Rating:
   27
Categories:
Commercial Lines |  Commercial Lines - Specialty |  MLIS Designation Update Qualified
Speaker:
Samuel T Bennett, CIC, AFIS, CRIS, CPIA, CPRM
Duration:
3 Hours
License:
Product Setting: Expires 30 day(s) after program date.

Dates


Description

Businesses whose operations require that they take customers’ autos into their care, custody or control have unique exposures. Their legal liability associated with bodily injury and/or property damage to a third party while in possession of these non-owned autos presents substantial risk. Also, it is reasonable for the customer to expect their vehicle to be returned to them in no worse condition than when they left it and that any requested work be done properly.

Whether your client offers true garage services such as maintenance or repair of customer autos, simple customer convenience operations like valet services and parking garage operations or other services such as full-service carwash and/or detailing services, Commercial General Liability forms have limitations and outright exclusions that force the insurance professional to identify, analyze, control, finance and administer an effective risk management plan.

This presentation will concentrate on using the ISO Commercial General Liability Coverage Form, the Business Auto Coverage Form, and several important endorsements to manage the uncertainty associated with these operations.

Basic Course Information

Learning Objectives
  • Introduction of the concept of legal liability and how it affects garage operations
  • Overview of the types of businesses that have auto care, custody or control exposures
  • Overview of typical care, custody or control exposures when dealing with autos owned by others
  • Using risk management concepts to assess garage exposures
  • Introduction of risk finance strategies with emphasis on ISO liability and property coverage forms

Major Subjects
  • Commercial General Liability Coverage Form (CG 00 01 04 13) and garage operation risks
  • The Business Auto Coverage Form (CA 00 01 11 20) and garage operation risks
  • Overview of Garagekeepers Coverage endorsement (CA 99 37 10 13)

Course Materials

Speaker

Samuel T Bennett, CIC, AFIS, CRIS, CPIA, CPRM's Profile

Samuel T Bennett, CIC, AFIS, CRIS, CPIA, CPRM Related Seminars and Products


Sam Bennett is an active retail producer, presenter, and shareholder in Harrison Agency, Inc. of Columbia, MO. He began his insurance career in 1987 and has been an Independent Insurance Agent from the beginning. He has worked with individuals, families, and small businesses his entire career. In this capacity, he has worked in the personal lines, commercial lines, agribusiness and life and health marketplaces. As a result of working with many types of clients, many carriers, and many coverage needs, Sam has grown to understand and appreciate the important ways an insurance professional must work with markets and clients in today’s insurance world.

Sam obtained his Certified Insurance Counselor (CIC) designation in 1996. He has taught coursework for the National Alliance in their CISR program since 2000, has presented in their CIC program since 2004, and in 2009 became a National Faculty Member of the Society of CIC. Sam is also a speaker in IRMI’s Agribusiness and Farm Insurance Specialist (AFIS) program and is a speaker in the AIMS Society’s Certified Professional Insurance Agent (CPIA) program. He has been called upon to offer insurance education in conferences and symposiums across the country over the past twenty plus years.

As much as he enjoys speaking on insurance topics, Sam’s true passion is cooking. BBQ and soul food are his specialties. He likes nothing more than a lively pulled pork/crawfish/catfish/collard green discussion.

 


Dates

Mon, Nov 18, 2024 - 11:00am to 01:57pm CST
Mon, Dec 09, 2024 - 02:00pm to 04:57pm CST
Tue, Dec 24, 2024 - 08:00am to 10:57am CST
Thu, Jan 02, 2025 - 12:00pm to 02:57pm CST
Wed, Jan 15, 2025 - 03:00pm to 05:57pm CST
Thu, Feb 13, 2025 - 09:00am to 11:57am CST
Fri, Feb 28, 2025 - 12:00pm to 02:57pm CST
Thu, Mar 06, 2025 - 03:00pm to 05:57pm CST
Fri, Mar 21, 2025 - 09:00am to 11:57am CDT
Tue, Apr 08, 2025 - 12:00pm to 02:57pm CDT
Fri, Apr 18, 2025 - 03:00pm to 05:57pm CDT
Thu, May 01, 2025 - 09:00am to 11:57am CDT
Mon, May 19, 2025 - 12:00pm to 02:57pm CDT
Thu, Jun 12, 2025 - 03:00pm to 05:57pm CDT
Fri, Jun 27, 2025 - 09:00am to 11:57am CDT
Thu, Jul 10, 2025 - 12:00pm to 02:57pm CDT
Mon, Jul 28, 2025 - 03:00pm to 05:57pm CDT
Wed, Aug 13, 2025 - 09:00am to 11:57am CDT
Thu, Aug 28, 2025 - 12:00pm to 02:57pm CDT
Tue, Sep 02, 2025 - 03:00pm to 05:57pm CDT
Wed, Sep 17, 2025 - 09:00am to 11:57am CDT
Wed, Oct 01, 2025 - 12:00pm to 02:57pm CDT
Fri, Oct 17, 2025 - 03:00pm to 05:57pm CDT
Wed, Nov 12, 2025 - 09:00am to 11:57am CST
Tue, Nov 25, 2025 - 12:00pm to 02:57pm CST
Mon, Dec 08, 2025 - 03:00pm to 05:57pm CST
Mon, Dec 15, 2025 - 09:00am to 11:57am CST

Promo Video

Reviews

5
4
3
2
1

Overall:      4.6

Total Reviews: 27

Comments

LINDA F - Yuma, Colorado

"Presenter has voice that is easy to listen to."