What is Auto Repair Shop Insurance?
The work that automotive service centers do exposes them to a variety of potential risks, which sometimes include property loss, injuries or worse. Auto repair shop insurance can help financially protect service centers in the event of a covered catastrophe or other incident.
Auto repair shop insurance is a specialized type of commercial insurance that has been uniquely crafted to meet the needs of automotive service centers. Because these businesses commonly face multiple significant risks, most of these policies come as multi-coverage package policies.
What Vermont Businesses Should Consider an Auto Repair Shop Policy?
Broadly speaking, the majority of Vermont businesses that repair vehicles should consider purchasing an auto repair shop or auto body shop insurance policy. The two terms are frequently interchangeable, since auto service centers and auto body shops face similar risks and need comparable coverages.
A few examples of particular businesses that might benefit from carrying an auto body shop insurance policy include:
- Oil change centers
- Independent garages and mechanics
- Specialty repair centers
- Body and collision repair centers
- Motorcycle repair centers
- Diesel repair centers