Car dealerships often need similar coverages for their service centers too, but most dealerships get a more expansive policy that provides these coverages alongside other ones that dealers need.
Any businesses that are unsure whether they should have auto body shop insurance can get advice from an insurance agent who knows these policies well. Someone who’s familiar with these policies will be able to make an informed recommendation based on a business’s particular risk exposure and coverage needs.
What Coverages Can Repair Shops Get Through Auto Body Shop Policies?
Depending on a policy’s terms and conditions, it may offer coverages such as the following:
- General Liability Coverage, which might cover slip-and-fall accidents occurring on shop premises
- Garage Keepers Liability Coverage, which might cover damage to customer vehicles while they’re at a shop
- Commercial Property Coverage, which might protect a shop’s building, equipment and tools
- Commercial Auto Coverage, which might cover tow trucks, loaner vehicles and other owned vehicles
- Crime Coverage, which might cover internal theft by employees or external theft by burglars
- Business Income Coverage, which might cover prolonged periods of decreased revenues that follow disasters
Shops may also want commercial umbrella coverage, cyber liability coverage, equipment breakdown coverage or any number of other protections that a knowledgeable agent can assist with.
Do Auto Repair Shop Policies Come With Workers Compensation?
Workers’ compensation normally protects against injuries that employees sustain in the workplace, and most Massachusetts businesses that have employees are legally required to carry the coverage.
Whether auto repair shop policies come with workers’ compensation depends on the policy, though. While some policies offer it, others don’t make it an option. When the coverage isn’t included in an auto repair shop policy, workers comp can be readily obtained via a standalone policy that’s purchased in addition to the main repair shop policy.