Having the right protection in your commercial insurance policy will assist in protecting the assets of your business, as well as assuring the safety of your workers and clients. With the correct coverage business people can have peace of mind that their company will be protected from the high costs of auto repair, medical bills, and the risks of probable litigation. For auto repair/ body shops the challenge is the same, that is finding the right insurance. In order to discover how you can satisfactorily find the particular car repair shop insurance policy for your business, you need to first determine the varying coverage selections your business have got to integrate into its policy.

Business Property Coverage: Property coverage may incorporate Building, Business Personal Property or BPP, Signs, and Money, to mention only a few. Particular coverage to the auto services businesses include mechanic tools, hydraulic equipments, paint booths, frame straightening machine, paint supplies, etc.

Property coverage can vary depending on the place of your company. For a business that owns the building where they occupy, this coverage is important in protecting the business and averting any losses from unpredicted situations. However, if your company is renting their location, it is essential you ask about the property coverage provided by the building owners.  Some companies may consider canopy and roof air conditioning units as part of the building, while others do not.   Finding precisely what is covered in those policies will help to identify disadvantages and establish your own special auto repair shop insurance policy.

It is always better to get insurance based on Replacement Cost (cost to replace your property new) as opposed to Actual Cash Value, which is the depreciated value of your property.

Insurance on Own Business Autos: When it comes to auto repair shop insurance, automobile coverage is very important, of you own one. This coverage starts with protecting any vehicles that can be identified as company owned vehicles, as most businesses use these autos to tow customers cars, pick up parts, and aid in the transportation of customers.

Garage Keeper Liability: Another form of auto coverage that is important to utilize is regarding covering your customer's vehicles for both comprehensive and collision while they are in your care and under your control. Called Garage Keeper Liability, this coverage can be Primary or Legal. Garage Keeper Primary Liability will pay for damages to your clients' vehicles regardless why, as long as the vehicles were under your control at the time of damage. Garage Keeper Legal Liability will pay only if you are found legally responsible for the damages caused to the customer's car. Example: A customer's  car that was left for some repair work catches on fire because of flawed electrical work done on the car 2 months ago by the dealer. If you have Primary coverage, your company will pay, regardless. If you have Legal coverage, your company may not pay based on the argument that you did not cause or contribute to the car destruction.


Covering Your Liability: For a vehicle repair shop Garage Liability normally covers Commercial General Liability (slip and fall, etc) as well as auto liability arising the use of non owned automobile  in the course of the garage operations!  This is typically related to third-party claims that are often unforeseen by the vehicle service shop. If a consumer is injured on site or an associate is involved in an accident while test driving a customer's vehicle, this policy can help with the likely result of lawsuits and protect the safety of others.


Other Insurance Plans: A variety of types including medical, dental, and Workers Comp coverage are called "Associate Coverage". Having all of these protection policies will not only protect your associates in the event of an accident, but will also make your company highly appealing to high-quality workers.

The ability to effectively insure your vehicle repair business starts with discovering the exact areas you will need coverage for. By having a better knowledge of what property, associate, vehicle, and liability coverage offers you in an auto automobile repair shop  insurance policy, you can find the best protection for your business at the most competitive price.

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Insurance policies often act as a security blanket for businesses looking to protect their interests. When seeking auto repair shop insurance is important to identify all the areas you wish to protect your company with, to identify the best protection for your business. Discover a greater understanding of what is possible with your insurance protection by going to http://www.insurancenavy.com/ or you can call our commercial insurance department at 708 233-4848.

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