Get the Protection Your Shop Needs to Thrive
Owning a business is great but it can also be very stressful at times. You have so many different things to worry about, the last thing you want to deal with is insurance. That’s why we’re here! As an insurance agent, it’s our job to make sure that you are properly taken care of and that all of your insurable needs are met.
There are several different circumstances where insurance comes in handy in the auto service industry. There are also numerous types of coverage to have as each circumstance is different and requires a specific type of coverage. For instance, all businesses should have General Liability insurance. This line of coverage protects you in the event that someone is injured on your property or if their injury or any property damage is caused by your operations. An example of this might be if a customer falls in your parking lot, or if a customer is unhappy with the completed work and decides to take legal action.
What if your shop is damaged during a storm? What if there’s a fire? Do you have equipment that you use to perform the duties of your job? Property coverage will cover damage to your building or theft of any personal property of the business.
Another type of coverage that is very important for an auto repair or service shop to have is Garagekeepers. Do you have customers that leave their vehicles in your possession either for a few hours or even an extended amount of time? While these vehicles are in your care, Garagekeepers coverage comes in handy if the vehicles are damaged by falling equipment, broken into or stolen, hail damage to an uncovered auto, or even if you or an employee have an accident while driving a customer’s auto that results in damage to the customer’s vehicle.
Do you have a commercial vehicle relative to your business such as a tow truck or a service truck? What if you or your employees cause an accident while en route? This is where Garage Liability comes in. Garagekeepers will cover the bodily injury and property damage to the other vehicle’s driver or damaged property. A second example would be if your work to a customer’s auto malfunctions and causes further damage either to the same vehicle or a third party.
Although Garagekeepers will cover damages caused to vehicles owned by your customers, it will not take care of any damages to your commercial vehicles owned by the business. In this case, you would need a Business Auto policy. A Business Auto policy will cover damage to the company’s vehicles in the event of an accident or damages that are weather-related.
Many business owners don’t imagine anything ever happening to their business, or any harm resulting from their operations. In the event that these circumstances happen to you, we want to be there for you. We can start now by making sure that your business is properly insured so that you’re prepared in the event of a loss.