Anyone who has ever owned a car knows that they need insurance in order to be driven legally. What most people don’t know is that automobile repair shops also need insurance. Whether one is operating a large garage with lots of lifts, or a small one with just a couple, there are plenty of reasons why an auto repair shop needs insurance.
Insurance covers a shop against losses that could occur and cost a small fortune. Damage could somehow occur to the shop’s property or a customer’s vehicle, expensive tools could get stolen, or a tire could fall off a customer’s car after an employee forgot to tighten the lug nuts! There are all sorts of reasons why an auto repair shop would need insurance
Why Auto Repair Shops Need Insurance
A burglary is something that could occur at any business. Auto repair shops, like many other businesses, use a lot of expensive equipment. If this equipment got stolen, it could cost a fortune and the repair shop would be in a panic trying to replace the equipment they need to keep their shop open. Luckily, there is insurance to cover an auto repair shop in case they have any sort of break-in or robbery.
Because of the big hydraulic lifts used in an auto repair shop and the other heavy-duty equipment, there are all sorts of things that could happen to result in the property itself being damaged. A car could even fall off of a lift and go through a wall! Property damage insurance helps protect an auto repair shop from having something like this hurt their business.
This type of insurance is tailored specifically to those that are operating an auto repair shop. It helps protect an automobile repair shop from something that occurs to a car or customer that is under their care.
These are just three of the different reasons why auto repair shops need insurance. Whether they operate on semi-trucks or more regular cars, there are all sorts of reasons why an auto repair shop is going to need insurance!