If you are an automotive repair shop you need to be sure you have the right garage insurance policy in place for your specific business. There are different types of garage liability insurance, some for auto body and repair shops and another for auto dealers. If are purchasing insurance for your business, use an commercial insurance broker who specializes in and understands garage insurance so you don't end up with the wrong coverage after a large loss.
With all the automobiles that pass through your business, insurance can protect you in the event that one is damages while on your premises. A risk motor traders insurance package will cover you in the event that the vehicle is accidentally damaged by a third party, fire or stolen.
Of course, allowing customers onto your premises also opens you up for liability for which you need insurance protection. Liability motor trade insurance is a must if you are planning on letting people into your garage or into the service building while work is being done on vehicles. This will also protect any employees.
Under the umbrella of liability motor trade insurance there are three types of protection including product, sales and service indemnity which takes into account defective workmanship, public liability and employers' liability.
An insurance broker can custom design a combined garage insurance package that will provide the right insurance to protect your business in the event of a loss. If you own or run an auto repair shop, the right type of garage insurance can provide you peace of mind. Be sure you are fully protected, contact TriState Business Insurance.