garage liability insurance

  • A special policy written to cover auto sales rooms, used car lots, service stations, or repair garages for bodily injury and property damage with premiums based on payroll of the business.

    Internal Revenue Service 1
    See also rating schedule

1Internal Revenue Service, Internal Revenue Manual 4.42.6 Glossary, http://­www.irs.gov/­irm/­part4/­irm_04-042-006.html (last accessed Dec. 22, 2009).