Auto/Car Repair Shops

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Running an auto repair shop isn't always the easiest task. Ensuring that your customers are taken care of promptly and that all work is performed in a safe and meticulous manner comes with certain challenges. Whatever auto services you perform, you don't have time to waste worrying about whether your business is protected against the biggest risks. With auto repair shop or mechanic insurance solutions from AmTrust Financial, you can better position your repair shop to survive and thrive on the bumpy road ahead.


Auto Repair Shop Insurance Coverage Options


You run your shop a certain way, so it only makes sense that your mechanic insurance should reflect your needs. AmTrust is committed to offering a variety of customized options so you can receive the comprehensive level of protection you deserve. In most cases, auto repair shop owners typically opt to carry:

• Businessowner's Policy 
• Workers' Compensation
• Cyber Liability Insurance

While these types of policies are common insurance staples, depending on the unique nature of your work, you may benefit from having additional insurance coverage.


Protection Against Liability Claims


Mistakes happen, even as careful as you may be. You can properly repair a customer's brakes, only to discover later that there is a manufacturer defect with the brakes pads you use. Or, an employee can accidentally cause significant damage to one of the vehicles you're working on. General liability insurance helps to buffer you against many third-party claims, meaning you may avoid being exposed to significant out-of-pocket expenses if a problem develops.


Insurance for Your Auto Repair Shop Property


As a shop owner, you rely on your equipment, inventory, tools, and other supplies on a daily basis. You're most likely stocked with a variety of parts and products to ensure you're able to quickly handle repairs. Your shop itself is your primary asset. With commercial property insurance, your property and your belongings can be protected in a variety of ways. Coverage may cover damage caused by fire, theft and vandalism.


Insurance for Business Interruptions


If you have to shut your doors temporarily due to a catastrophic event like property damage or fire, business interruption coverage may help you recover some of the revenue you lose as a result. This type of coverage is often included in a businessowners policy (BOP), alongside general liability and commercial property insurance.

A BOP bundles different types of coverage to protect you from the following risks:

Property damage. Your property and inventory may be protected against fire damage, vandalism, theft and other kinds of damage.
Liability claims. Coverage is designed for third-party liability claims, including allegations of bodily injury, property damage, copyright infringement and advertising injury.
Business interruption. Loss of income you suffer due to an unexpected event, such as assistance recovering financially if you have to shut your cafe because of a type of a catastrophe.


Protecting Your Auto Shop Employees with Workers' Compensation Insurance


As a mechanic, you work in a labor-intensive industry, and you and your employees may be subject to various workplace accidents, illnesses, and injuries. If an incident occurs, workers' compensation insurance helps to protect your business and your employees by:

• Covering the costs of medical treatment, including x-rays, prescription drugs, hospital stays, and surgeries.
• Paying a portion of the employee's regular wages until he or she can return to work.
• Covering the employer's costs for a claim.

With workers' comp, injured employees may receive help paying for medical expenses, surgeries, hospital stays, prescription drugs, lost wages and more. As a car repair shop owner, with a workers’ compensation policy, you could get defenses to any lawsuits filed for employees' workplace injuries and get help paying for costs associated with a claim.


Protecting Your Auto Shop from Cyberattacks


Most businesses today use the internet in one way or another. If you accept credit cards, store important documents in the cloud, or rely on the internet in any other way, you may be at risk for a cyberattack or data breach. Cyber liability insurance can help you recover from the costs associated with a cyberattack.


How Do I Get Auto Repair Shop Insurance?


The best time to protect your auto repair shop is now. Protecting the hard work you’ve put into your car repair shop is a top priority and having the right insurance that will safeguard your work is crucial. Get the coverage you need to keep your business thriving even in the face of uncertainties. AmTrust Financial is a producer of auto repair insurance policies that are tailored for small businesses like yours.

Let us help you find insurance policies and coverage limits to help keep your business safeguarded. We work alongside you to find an insurance package suited to your needs. To learn more about car repair or mechanics workers' compensation packages and other top-rated insurance products that are available through AmTrust contact us today.
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