If you along with your workers already have an insurance coverage policy, is it necessary that you need automobile garage insurance? A lot of people are confused about this, but the answer is that any auto shop should undeniably have auto garage coverage policy, because a garage is exposed to a lot of risk when it is under operation or even in non-operational hours. Hence, auto garage insurance above all is the right way to stay protected and protect your valuable equipment and tools. Auto garage insurance would undeniably take care of all the risk that is involved in running an auto garage and keeps you safe from unforeseen dangers.
WHAT ARE THE RISKS CONNECTED WITH AN AUTOMOBILE GARAGE?
Fire – one of the biggest risks when running an auto garage is gasoline and other chemical substances that come from batteries, thinners and other products that can set your garage on fire. As they say, it takes only a spark to set your whole garage on fire.
Injury – An auto garage involves the usage of heavy automobile equipment and machineries that can injure any worker while he is at work. A simple careless mistake on his side can really expose you to unforeseen dangerous.
Poisoning – equipments and automobile engine emits carbon dioxide while it functions, which means that if your garage does not have a good ventilation system, or a simple block in your ventilator can lead to carbon monoxide poisoning.
HOW CAN AUTO GARAGE INSURANCE AVOID THIS?
Since all of the above unforeseen circumstances are not under your control, auto garage insurance is the best way to back you up when you fall into trouble. Also, a general garage insurance looks like it covers only the garage, but there is a lot more to this policy than you think.
Auto Garage Insurance Quote
WHO NEEDS THIS INSURANCE?
Auto garage insurance is important for those who are:
Owner of a gas station
Owner of a carwash service
Automobile repair shop owner
Dealer of used cars
Spare parts and accessories dealer
You may ask why somebody would need auto garage insurance when a car will not stay more than a few hours in the garage or probably few minutes. However, the business owner is always answerable to any kind of unseen damage that could happen during this time.
More and more legal rules have been put out by the court that holds the owner accountable for any kind of damage and safety issues in the workplace. A generally insurance under such circumstances may not be as helpful as an auto garage insurance. This is exactly the reason why auto garage insurance has become a must for anyone who is in contact with automobiles even if it is only for some time.
Moreover, if your garage is insured under auto garage insurance, the owner is always at peace and can concentrate on running his business rather than worrying about any unseen financial commitments. The constant thought like ‘what if there is an accident?’ will always distract the owner from concentrating on his business and serving his customers. In simple words, auto garage coverage policy not only protects your business and your workers but also protects you and your customers. With this policy, you will always be running your business effectively without fearing that something might go wrong in your business.
A SUMMARY OF AUTO GARAGE INSURANCE:
Auto garage insurance is segregated into three categories:
Workers compensation insurance
Business owner insurance
Garagekeeper legal liability insurance
Workers compensation insurance – once you have protected your establishment from any unfortunate events it’s important that you also take care of your workers. This is where workers compensation insurance comes in as part of your auto garage insurance which covers any accidents, medical cost, lost wages and more.
Business owners insurance – as a business owner this particular insurance covers up a lot of accidents in different ways. It also takes care of any loss of income along with general liability. A general liability insurance is typically clubbed with business owner insurance so that it can protect you from any liabilities and lawsuits. Also, it’s important that you choose general liability insurance with care because it needs to cover everything right from your establishment damage, accidents, unforeseen financial commitments and other misfortunes.
Garagekeeper legal liability insurance – the name says it all. This insurance is a necessity for people owning gas stations, service stations, towing business, as it protects you from any legal commitments from undamaged offer customer’s automobile.