Garage repair shop insurance throughout West Virginia in Crab Orchard, Charleston, Beckley, Princeton and Lewisburg.
Garage repair shops face high financial risks simply because of the nature of the business. A specialty insurance policy can protect your garage repair shop from potentially devastating financial losses.
Useful as standard business insurance policies may be, they aren’t always adequate for the specific risks that a garage repair shop faces.
At the simplest level, you need to be protected against damage to customer vehicles stored on your premises, whether this be from fire, vandalism, theft or other hazards. You might only be doing a couple of hundred dollars worth of work on a car, but if you have to spend tens of thousands replacing it, the effects could cripple your business.
You should also investigate professional liability coverage that protects you against claims for damage to a car caused by mistakes and/or omissions by your staff. In extreme circumstances, this could include not just the cost of fixing the flawed repairs, but also costs that arise from a crash that’s blamed on the faulty repair.
Remember also to look for coverage for lost income. If you have a fire, it’s not much use having an insurer pay all the costs of rebuilding the workshop if you lose all your customers in the meantime and your cash flow is irretrievably damaged.
To protect your garage repair shop, contact us today.
Garage Repair Shop Insurance Quote Request
As an independent agency, we offer multiple options at competitive prices.