Your auto body repair shop makes cars look new again – almost as if an accident never happened. While you are looking out for your customers and their vehicles, your insurance should be looking out for you, too – almost as if your own loss or lawsuit never happened either. At Billy Brown Insurance, we help auto body repair shops in the greater Delafield area find comprehensive coverage against a wide range of risk exposures unique to the automotive repair industry.
Understanding Your Risks
There are obvious risks associated with owning a shop or garage. It could catch fire and burn to the ground, or a customer could slip and fall in your restrooms. What happens if one of your technicians forgets to property tighten a wheel on a vehicle before releasing it to the owner? If the wheel comes off and causes an accident, your shop could be liable for the damages and any related injuries. What about the safety of your work environment? Could you afford the high cost of medical bills and litigation if a car rolls backwards over an employee’s feet? At Billy Brown Insurance, we understand the types of risks your business faces and can help you find coverage to minimize your exposures.
Types of Auto Body Repair Shop Insurance
Most auto body repair shops need several different types of insurance coverage. Depending on the size of your business and your unique needs and preferences, your coverage may include protection for:
Property Damage
This coverage can help you rebuild your shop after a covered loss event, such as a natural disaster or fire. It usually includes protection for the structure of your building, equipment, computers, furnishings, fences, other structures, and more.
Business Interruption
If your shop is destroyed or you are forced to halt operations due to some other covered event, there are still bills to pay. Business interruption coverage can help pay employee salaries, rent, or other expenses until you can resume operations.
Workers Compensation
This coverage is essential if you have one or more employees working in your business. It helps pay for necessary medical care and recovery costs when a worker is injured on the job or falls ill due to exposures in the workplace. It is no-fault coverage that also provides compensation of lost wages and may help prevent litigation.
Liability
There are several different types of liability insurance, including general liability, which can help protect you against losses caused by injuries or property damages on your premises. Be sure to talk to your independent agent about coverage that extends to customer vehicles while they are in your care, as well as professional errors and faulty workmanship. You may also need cyber liability to cover recovery and prevention measures following a data breach.
Commercial Auto
Commercial auto insurance is often recommended for shop owners. Not only can it cover your own company vehicles, but it can also extend to vehicles that are rented or loaned – including customer vehicles you may need to test drive when assessing a repair or checking for complications.
Employee Theft and Crime
If your employees commit fraudulent acts or theft while working in your shop, this type of insurance can help cover the loss.
Auto Body Repair Shop Insurance Quotes
If you run a Wisconsin auto body repair shop, we want to help you get the coverage you need to protect your business for years to come. To find out more about insurance solutions tailored to fit your needs, contact our office today. We look forward to serving you soon.
