Garage Insurance Information
Auto Garage Shops Insurance
Auto garage shops are essential for helping to keep the world moving. These businesses provide key services for both individuals and other companies that may utilize vehicles for various operations.
While maintaining an auto garage shop can be a rewarding endeavor, it’s important for owners and other decision-makers to be aware of the various liabilities and risks that come with this type of business. There are many different commercial insurance options that should be obtained or at least strongly considered when operating an auto garage shop.
Jean Deese Insurance Agency provides various insurance packages to auto garage shops in Cullman and throughout Alabama. Comprehensive packages can be customized in order to provide a wide range of coverage that fits the specific needs of your business.
Call us at 256-734-8711 to request your free quote!
Essential Insurance for Auto Garage Shops
Some of the many types of insurance that auto garage shop owners should consider include:
Garagekeepers liability insurance—This coverage is designed for businesses that offer towing, operating service stations and store vehicles. It protects customers’ vehicles while they are kept at the shop.
Garage general liability insurance—This type of coverage is a type of commercial general liability insurance that covers typical incidents that could occur in a garage, such as a customer slipping in a puddle of oil.
Commercial property insurance—This type of policy can protect your business from various exposures common in auto garage shops, such as flammable chemicals and materials used for repairs.
Commercial auto insurance—This type of coverage protects businesses that use vehicles for commercial purposes, such as towing or providing mobile auto repair services.
Equipment breakdown insurance—This coverage protects key machinery like jacks and lifts in case they must be repaired so that your shop can continue normal operations.
Business interruption insurance—This coverage can assist policyholders in the event that operations are interrupted for various reasons, such as fires, part recalls or natural disasters.
Environmental liability insurance—This type of coverage protects shops in the event that they are responsible for an environmental incident that incurs fines or cleanup costs.
Workers’ compensation insurance—This coverage protects businesses in the event of a workers’ compensation claim being filed. Auto garage shops face a wide variety of risks related to workers’ compensation, such as shocks, burns, hearing loss, heat exhaustion and musculoskeletal disorders.
It may also be to your shop’s benefit to obtain a business owners policy (BOP). This type of policy is a combination of several key insurance coverages into one package with a single premium. Still, it’s important to not assume that a BOP will contain every single type of coverage that your business may need. Your insurance agent can work with you to determine the specific policies that will be optimal for your shop.
Make the Right Decision for Your Business
Auto garage shops are often entrusted to repair or maintain extremely valuable property. Furthermore, clients expect shops to perform work in a timely fashion. As such, even a breakdown of a key piece of equipment can have significant consequences. Given the amount of heavy machinery, various substances and potential liabilities that come with operating an auto garage shop, it’s clear that having the right insurance should be a top priority.