- Mon-Fri: 8:30 am to 5:00 pm
- Mon-Fri: 8:30 am to 5:00 pm
- (440) 888-7854
- 7055 Engle Road Suite 4-403
- (440) 888-7854
- 7055 Engle Road Suite 4-403
As an automotive repair shop, you help keep your customers on the road. As insurance agents, we help keep you in business. As any of your customers can tell you, it can only take a moment for the unexpected to happen and before you know it, your business could be the one in need of repair. Having a robust auto repair shop insurance portfolio will help keep your auto repair center running smoothly.
Just like regular business liability insurance, a garage liability insurance policy covers an auto repair shop against lawsuits and medical costs arising from the injury of someone while on the premises. Unlike regular office buildings, auto repair shops often produce more severe injuries so special liability policies are included to provide the necessary protection for your company.
While liability protects you from lawsuits, you still need to provide protection for your customers’ cars while they are at the auto repair shop. There are varying degrees of protection available, such as limited protection that only pays for damages for which you’re legally responsible or full protection regardless of legal liability.
Chances are you or your employees will have to test drive the vehicles to ensure that they are working correctly. In this case, you will definitely need to purchase a commercial auto insurance policy that will protect your employee, your customers’ car and your business in case an accident does occur. Business auto insurance policies also provide protection in case your employee needs to run out and pick up a part for a car, get supplies or go on a lunch run and gets into an accident.
Also known as loss of income insurance, business interruption insurance helps keep you in business when unexpected events occur. If the unthinkable does happen and your entire business is destroyed, you will still need to pay the bills, including paying employee wages, rent or mortgage, suppliers, taxes. And you’ll probably need to supply yourself some income, too. Business interruption insurance can help keep your business afloat as well as pay for a temporary site, if the need arises.
If your business is in California, then you must provide worker’s compensation insurance to provide benefits in case your employees are in a job-related accident. It covers medical care, rehabilitation and helps replace lost wages until they are able to return to work. If you currently have a Worker’s Compensation insurance policy and your business is in Sacramento or anywhere else in California, you should contact us to see if we can help you keep these costs down. Not only do we have access to nearly every Worker’s Comp insurance provider, but we also offer a wide variety of other services that help curb these rising costs.
A business property insurance policy can protect your auto repair shop against damages to your property from fire, earthquakes, vandalism, theft, storms, and accidents. The property includes more than just the building; it includes outdoor signage, fencing, furniture, or inventory.
While business property insurance will protect your auto repair shop building, you’ll still want to have additional coverage for the special equipment in case of power surges, mechanical breakdowns, burned out motors, or if your employee accidentally does something that causes the equipment to fail.
There are even more options available for your auto repair shop that we can customize to fit your unique needs. In addition, we can provide:
BIG or SMALL, we have the right policy for you!
Auto repair insurance, often referred to as mechanical breakdown insurance (MBI), covers the cost of repairs for mechanical failures or malfunctions that occur outside of accidents. Unlike standard auto insurance, which typically covers damages resulting from collisions or other incidents like theft or natural disasters, MBI focuses on the wear and tear aspects of a vehicle. It’s designed to help with expenses related to parts and labor for covered repairs, similar to an extended warranty.
The value of auto repair insurance depends on several factors, including the age and reliability of your vehicle, your financial situation, and your willingness to assume repair costs out-of-pocket. For newer vehicles that are generally reliable, the likelihood of major mechanical issues may be low, making MBI less necessary. However, for older vehicles or those with a history of mechanical problems, having this coverage can provide peace of mind and financial protection against unexpected repair bills. It’s important to assess your vehicle’s condition and compare the cost of the insurance against potential repair expenses.
After filing a claim with your auto insurance company, you’ll need to obtain a repair estimate to understand the extent and cost of the damages. Your insurance company can assist in setting this up. You have the option to use a repair shop of your choice or select one from your insurer’s network of approved shops. Estimates may vary based on factors such as labor rates, parts prices, and the time required for repairs. If additional damage is discovered during the repair process, your insurer will work with the repair shop to adjust the estimate accordingly. An Insurance Company You Can Rely On+1USAA+1III+1USAA+1USAA+1An Insurance Company You Can Rely On+1
You have the right to choose any repair shop for your vehicle’s repairs; you’re not obligated to use the ones recommended by your insurance company. However, insurers often have networks of preferred repair shops, known as Direct Repair Programs (DRPs), which have agreements with the insurer to provide quality repairs at reasonable costs. Using a DRP shop can streamline the repair process and may come with additional benefits, but the choice ultimately remains yours. III
It’s not uncommon for additional damage to be discovered once repairs begin. In such cases, the repair shop will notify your insurance company to assess the newly found damage. Your insurer will then work directly with the repair facility to adjust the repair estimate and authorize the necessary additional repairs. This ensures that all damage related to the incident is properly addressed and covered under your claim. An Insurance Company You Can Rely On+2USAA+2wsj.com+2autorepairpalmsprings.com+3Amica Insurance+3USAA+3
The following charts represent statistical insurance information for businesses in the State of Ohio for the year 2017.
Business insurance statistics provided by DataLinks for 2017.
The average insurance plan utilized for business owners in Ohio.
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