Auto Interior Repair Shop Insurance

A Guide to Auto Interior Repair Shop Insurance

Get the business insurance protection you need.

Car renovation studio worker renovating car leather seat. Find auto interior repair shop insurance

If you own an auto interior repair shop, you need business insurance to protect your assets from the risks associated with taking in and repairing other people’s vehicles. Any kind of injury, error, or property damage can result in a costly claim or lawsuit.

You also need financial backup if your own property is damaged, if your workers are injured, or if you experience crime, theft, or vandalism at your business.

A local independent insurance agent can help you find appropriate auto interior repair shop insurance tailored to your needs.

Why Do You Need Auto Interior Repair Shop Insurance?

When customers come to you for auto interior repairs, they entrust their vehicles to your care while they’re being repaired. The expectation is that your customers’ cars come out in much better shape than when they went in. The last thing you want to happen is doing more harm than good to someone’s car.

Damaging someone’s car is just one of the risks you face as an auto interior repair shop owner. In addition, you face the following types of business risk.

  • Slips and falls on your premises
  • Worker illnesses or injuries
  • Faulty workmanship or parts
  • Property damage due to fire, bad weather, vandalism, or theft
  • Employee theft or crime
  • Business interruptions/loss of income due to property damage 

Auto interior repair shop insurance protects your business from these risks.

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What Auto Interior Repair Shop Insurance Policies Do You Need?

A local independent insurance agent can help you insure your business. You’ll likely need some combination of the following types of auto interior repair shop insurance policies.

  • Commercial property insurance: Protects you if a fire, vandalism, smoke, theft, or another unexpected event damages your property. It provides coverage for lost inventory, damaged parts and equipment, tools, computers, office contents, and more.
  • Business interruption insurance: Pays for rent, employee salaries, and other expenses if your shop must close temporarily due to an unforeseen disruption. This means that if something like a fire or a tornado damages your shop and you must temporarily close to make repairs, your business interruption insurance will replace part of your revenue and help you stay afloat during the closure.
  • Commercial general liability (CGL) insurance: Provides protection for most basic liability issues that you could face. It protects you from the costs of lawsuits related to accidents, property damage, and a variety of other mishaps. You will likely want to consider garage liability insurance, which provides several forms of liability insurance specifically designed for the needs of auto repair businesses or garage operations.
  • Business owners policy (BOP): This is a package policy designed for small businesses. It combines property, liability, and business interruption coverage in one affordable policy.
  • Employee theft and crime coverage: This can protect your business from the costs of theft, dishonesty, and fraudulent acts committed by a single employee or a group of employees.
  • Commercial auto insurance: Covers any vehicles that your business owns. In addition, you need non-owned auto liability insurance if you have any employees who drive their personal vehicles for business purposes.

Your independent insurance agent may be able to find customized insurance programs that combine relevant business insurance policies into one comprehensive package designed for businesses like yours.

What Is Garagekeepers Liability Insurance?

Garagekeepers liability insurance is specialty business insurance coverage designed for any type of establishment that provides parts or service for vehicles and temporarily stores those vehicles onsite. It protects you if a customer’s vehicle is damaged due to your negligence while it is in your care, custody, or control. This protection is not included in the standard garage liability policy.

Garagekeepers liability insurance does not cover the contents of a customer’s vehicle, and also does not cover damage that occurs as a result of faulty workmanship, parts, or insufficient warrantees.

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Why Do You Need Workers’ Compensation Insurance?

Workers’ compensation insurance is essential coverage for your auto interior repair shop. And depending on the number of employees you have, it is likely required by the state in which you do business.

If one of your employees gets injured while on the job, not only will he or she have medical bills to pay, but also your employee may not be able to work until fully recovered.

Workers’ compensation insurance protects your employees and your business from the costs associated with work-related injuries and illnesses. It provides coverage for medical care and lost income for an injured worker while he or she is unable to work. Workers’ compensation insurance also helps protect employers from lawsuits by injured employees.

How Much Does Auto Interior Repair Shop Insurance Cost?

The cost of auto interior repair shop insurance varies depending on the following factors.

  • The size of your business
  • The number of employees you have
  • How much commercial property you have (buildings, inventory, equipment, etc.)
  • The types of services that you provide

Business insurance costs are also higher or lower depending on the location of your business, whether or not you own any commercial vehicles, and how risky your physical space and line of work is to customers and employees.

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Benefits of an Independent Agent

An independent insurance agent who has experience working with auto interior repair shops and other similar businesses can help you decide the types and amounts of coverage that you need for your business. The choices you make will determine your cost of coverage.

Independent agents can work with numerous, reputable insurance companies who specialize in your type of business. Together you can review a variety of proposals and choose the best mix of coverage that meets your needs and budget.

What’s more, your agent will be there for you when claim time comes. They know the ins and outs of the process and will make sure your claim is handled appropriately.

Find and Compare Quotes for Auto Interior Repair Shop Insurance

Instead of getting an online quote, find an independent insurance agent now, and get one-on-one consultation and affordable options for the best coverage for your unique needs.

Your agent will work with you free of charge to get quotes from multiple insurance companies so you can make the best choice.

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TrustedChoice.com Article | Reviewed by Paul Martin

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