This auto service repair shop insurance is one of the most affordable means to cover your business and affords a minimal amount of protection against potential pitfalls. For example, if a tornado hits your shop, then you are protected from loss income while reasonable repairs are made. With a business income policy, your business is protected from income loss due to a covered event.
Garage keepers protects you fro damages done to your customers vehicles while they are you in care, custodya nd control. Commercial property insurance protects your physical building and location along with its contents should you experience a covered event, such as a fire, burst pipe, or weather phenomena that causes your business damages.Ī liability policy protects your auto business when a customer slips and falls on your premises or your workers or the products and services that you sell cause damage to customers, other people, or property. How Does BOP Protect Auto Service & Repair Businesses?Ī BOP policy combines commercial property insurance, commercial liability insurance, garagekeepers and business income insurance into one package.What Is An Auto Service Repair Shop Insurance Business Owner's Policy?.What Type Of Insurance Do Auto Repair And Service Shops Need?.How Much Does Auto Service Repair Shop Insurance Cost?.Get a fast quote and your certificate of insurance now.īelow are some answers to commonly asked auto services & repair insurance questions: With a business owner's policy, known as a BOP policy in the insurance world, you effectively mitigate your risks and put your business in a better place for success.Ī auto service repair shop insurance business owner's policy can provide you with protection if you find yourself on the receiving end of a lawsuit.Īuto service repair shop insurance protects your garage from lawsuits with rates as low as $57/mo. Just one lawsuit can really negatively affect your bottom line and leave you holding the financial bag for monetary awards. Is your auto shop totally protected from liability? If you own an auto service shop or garage, then having the right business insurance coverage in place makes a lot of sense. Some will have a mobile unit to perform repairs to stranded vehicles or at the customer's location. Normally, auto repair shops perform body work or painting only when incidental to other repairs.Īdditional services can include towing, auto club affiliations, pickup and delivery of customers, and the loan or rental of replacement vehicles. Operations may include gasoline or diesel fuel sales or the retail sales of automobile accessories and tools. Some repair or rebuild parts such as brake drums, or custom-make old, difficult-to-replace parts. They may specialize in a specific type of automotive repair, such as transmissions or brakes, or service other types of motorized vehicles, such as snowmobiles or recreational vehicles. The operation may be stand-alone or be part of another business such as an automobile dealership or filling station. Automobile repair shops offer a wide variety of mechanical services, from engine repair to tune-ups.
Auto Service Repair Shop Insurance Policy InformationĪuto Service Repair Shop Insurance.
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