Auto Mechanic Insurance: Comprehensive Protection for Your Auto Repair Shop
Is your auto repair shop insurance coverage in need of a tune-up?
Running an auto repair shop is a rewarding business, but it also comes with risks. To protect your business, employees, and customers from financial losses, it’s crucial to have the right insurance coverage in place. Auto mechanic insurance (also known as auto repair shop insurance) offers comprehensive protection, covering everything from customer injuries to property damage.
In this guide, we’ll cover the core types of insurance your shop needs and a few additional coverages to consider, like Cyber Insurance and EPLI. The last thing you want is to lose your business because you did not have the right auto mechanic insurance program in place.
At Huff Insurance, we understand the specific needs of auto repair shops. As an independent insurance agent, we’ll help you find the right coverage for the right price.
Key Coverages for Auto Repair Shop Insurance
General liability insurance is essential for any business. This coverage protects you from claims of bodily injury or property damage that happen on your premises. For example, if a customer is injured in your shop or their vehicle is damaged during service, general liability insurance covers the medical expenses, repair costs, and any legal fees.
Why You Need It:
- Protects against customer injuries and property damage.
- Covers legal costs from lawsuits.
Garagekeepers insurance is a must-have for any auto repair shop. It covers customer vehicles while they are in your care. This includes damage from accidents, theft, fire, or vandalism while the car is on your property or being repaired.
Why You Need It:
- Protects vehicles left in your care overnight.
- Covers damage caused during repairs or while in storage, subject to the coverage type selected.
Workers’ Compensation Insurance
Working with cars, tools, and heavy machinery presents a risk for employees. Workers’ compensation insurance covers medical expenses and lost wages for employees who are injured on the job. It’s also required by law in most states.
Why You Need It:
- Provides coverage for medical costs related to workplace injuries.
- Protects both your employees and your business.
Your shop is filled with valuable equipment, tools, and inventory. Commercial property insurance protects these physical assets from damage caused by fire, theft, vandalism, or natural disasters.
Why You Need It:
- Covers damage to your building, tools, and equipment.
- Protects against loss due to fire, theft, or other disasters.
Business Interruption Insurance
If a disaster like a fire or flood forces your shop to close temporarily, business interruption insurance helps replace lost income. It covers ongoing expenses, such as payroll and rent, so you can keep your business afloat during the downtime.
Additional Coverage Options
In today’s digital world, auto shops rely on technology for managing appointments, processing payments, and storing customer data. Cyber insurance protects your business from the financial impact of data breaches, ransomware, and other cyber threats. If customer data is compromised or your systems are hacked, this coverage can help with legal costs, data recovery, and public relations.
Why You Need It:
- Protects against data breaches and hacking incidents.
- Covers the cost of legal fees, notification expenses, and data recovery.
Employment Practices Liability Insurance (EPLI)
EPLI covers claims related to employee lawsuits, such as wrongful termination, discrimination, sexual harassment, or wage disputes. Even in a small shop, these claims can arise unexpectedly and be very costly. EPLI helps cover the legal expenses associated with defending your business against such claims.
Why You Need It:
- Protects against lawsuits from current or former employees.
- Covers legal defense and settlements for employment-related claims.
If your shop uses company vehicles to pick up parts or shuttle customers, commercial auto insurance covers those vehicles in case of accidents, theft, or damage.
Why Choose Huff Insurance for Your Auto Mechanic Insurance?
At Huff Insurance, we are experienced in providing custom insurance solutions for auto mechanic shops. We understand that every business has different needs. Which is why we offer flexible coverage options, including essential coverages like general liability, garagekeepers, and workers’ compensation, plus additional protections like cyber insurance and EPLI.
As an independent insurance agent, we work with multiple carriers to find the best coverage and price for your specific needs. Whether you’re a small repair shop or a large service center, we’ll make sure you’re covered from all angles.
Get in touch with us today at 410-647-1111 or fill out the quote request form below to protect your auto repair shop.