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4 Ways to Customize Your Policy



At the end of 2019, there were almost 280 million vehicles on the roads in the United States (according to Statista findings). For each of these vehicles, there are annual settings, routine maintenance and unexpected repairs that must be taken care of.

The vehicle services and mechanical expertise you provide help drivers to be safe on the road. To give you the same security that your services provide drivers, choose the right insurance to protect your business in the long run.

When reviewing auto repair insurance, one thing to keep in mind is first an industry-specific commercial package policy.

A policy like this can:

  • Protect your car repair shop from debts such as customer slips and falls
  • Cover the physical structure of your building and its contents (warehouses, machines, equipment, elevators, tools, car parts, office supplies)
  • Provide coverage for defense in the event that you are sued
  • Be customized to suit the needs of your store

Other standard features include replacement coverage on your warehouse, contents and signs; coverage for employee dishonesty, theft and crime; security services to minimize risks; and more.

To round out your insurance to meet the specific needs of your store, consider these options:

  1. Workers' Compensation insurance is an important coverage for many companies but especially for those whose employees work with or around heavy machinery, elevators, sharp tools, slippery substances, glass, heat and vapors. Protect your employees and your company from losses from accidents and injuries with the employees' compensation insurance.
  2. Garage Guard Liability coverage is designed for companies that provide parts, services or storage for vehicles (including garages, service stations, body shops, retail stores, glass installers, oil / lubrication shops and more). The coverage protects your company when damage occurs to a customer's vehicle during your care.
  3. Cyber ​​and data coverage protects your store from cybercrime, a growing problem for business owners. It covers things like unintentional release or theft of private customer / employee information, lost revenue in the event of computer damage, data sabotage of a dissatisfied employee or cybercriminal and defense against allegations of breaches of privacy rules.
  4. Equipment Distribution Coverage ensures that you can return to work quickly if necessary equipment breaks down. This option covers lost business revenue and the cost of repairing or replacing damaged equipment such as electronic equipment, heating and cooling systems and telephone systems.

Car shops do not suit everyone in coverage needs. Take the time to evaluate the specific risks with your business. Then talk to an agent about the right car insurance for your business.


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