A lot of things can go wrong when you’re in the business of repairing and modifying other people’s vehicles. Every day, auto repair and body shop owners expose themselves to personal and commercial risks. Workplace accidents can happen anytime; theft and vandalism are real threats. There’s also the possibility of damaging the vehicles or customer complaints about poor workmanship. All these can affect the financial stability of your venture.
An auto repair insurance program will protect the business from financial risks and liabilities. Bennett and Porter can help you create a comprehensive auto repair insurance portfolio that will provide you with the coverage you need, so you have lesser things to worry about.
Business Insurance Policies for Auto Repair Shops
Auto repair shops need to safeguard their assets and investments, just like any other business. As a shop owner, you need to make sure that you have the necessary insurance policies to protect the business against liabilities, claims, and losses. Depending on the scale of your operations and the services that your shop offers, you may need to carry a few or all of these types of business insurance:
- Business property insurance
- Commercial general liability insurance
- Business owners policy
- Employee theft and crime coverage
- Business auto insurance
Garagekeepers Liability Insurance
The unique nature of your business and operations calls for insurance coverage that is specially designed for your needs. A Garagekeepers Liability Insurance covers auto repair shops and other establishments that service vehicles. If a vehicle gets damaged while under your care, the insurance will help cover the liabilities.
Should you want more information about our auto repair and body shop insurance policies, or need expert advice on which policies to include in your portfolio, the insurance specialists at Bennett and Porter can help.
Contact us here.