Auto Mechanic Insurance
From fixing cars to performing regular maintenance, you need an auto mechanic insurance policy that keeps you covered. At Baldon Insurance Group, we provide protection for your small business, ensuring you have the confidence to run your auto repair shop smoothly.
Why Auto Repair Shops Need Business Insurance
Running an auto repair shop involves unique risks. Your customers depend on you to fix their vehicles, but working on cars can create significant hazards. Using power tools and specialized machinery comes with its dangers, but with auto mechanic insurance, you can mitigate these risks and protect your business from potential financial loss.
Who Needs Mechanic Business Insurance?
Mechanic business insurance is essential for various types of automotive service providers, including:
- Retail tire dealers
- Auto repair shops
- Mechanics
- Body repair and collision shops
- Garages
- Shops with automotive service excellence (ASE) or I-CAR certifications
- Auto sound and communications installation and repair shops
Business Owner’s Policy (BOP) for Auto Mechanics
Many mechanics and auto repair shops opt for a Business Owner’s Policy (BOP) to meet their insurance needs. A BOP combines three types of essential coverages that protect small businesses from different risks:
General Liability Insurance
Helps protect your auto repair business from claims that it caused:
- Bodily injury
- Property damage to someone else’s belongings
- Personal and advertising injury, such as libel or slander
Commercial Property Insurance
Protects the owned or rented building and equipment you use to run your shop. This can include:
- Drills
- Hand tools
- Lifts
- Jacks
- Air compressors
- Battery chargers and jumpers
Business Income Insurance
Helps recover some of your lost income if you can’t operate your auto repair shop due to covered property damage, such as a fire or burglary.
Taking Care of Your Mechanic Team
Automotive repair shops are nothing without reliable mechanics. With auto mechanic insurance, you can help protect your workers and ensure they stay safe on the job. This can include:
- Workers’ Compensation Insurance
- Hired and Non-Owned Auto Coverage
Covering Your Auto Shop’s Property
The tools and equipment you use to run your auto repair shop can be very expensive, but they’re necessary to do your job efficiently and correctly. If your tools get damaged or stolen, it could prevent you from operating your business. That’s why auto repair shop insurance is important to have.
This can include:
- Stolen Tools
- Data Breach Insurance
Covering Your Auto Repair Shop’s Operations
Unexpected events can cause damage to your auto repair shop, potentially preventing you from operating. Protecting your small business from these risks is crucial. With auto repair shop business insurance, you can have peace of mind from the accidents you can’t prevent.
This can include coverage for:
- Fire Damage
- Lost Customer Belongings