21 Jan South Bay Auto Repair Insurance
South Bay Auto Repair Insurance
The South Bay is a great location for Auto Repair businesses. There are several wealthy areas in the South Bay that can be great for bringing in business. Working with higher value vehicles make it especially important to obtain proper coverages for your business.
South Bay Auto Repair Insurance – Garagekeepers Insurance
Every Auto Repair business should have Garagekeepers coverage for their business. Garagekeepers is a coverage that can often be endorsed onto your General Liability policy for a nominal charge. This coverage is very important because it offers coverage for the vehicles you are working on that are being stored by the repair shop. Just having Garagekeepers is not enough. Make sure you have the right limits of Garagekeepers to reflect the types of vehicles you work on.
South Bay Auto Repair Insurance – Commercial Auto
Many Auto Repair shops offer shuttle service to its customers as an added service. These shuttle vehicles should be covered under a Commercial Auto policy. Auto Repair shops that own multiple locations with multiple vehicles can often obtain a single policy that offers big discounts for having a fleet of vehicles. Lastly, make sure you have proper coverage limits on your Commercial Auto as driving throughout the South Bay can result in large claim if an accident occurs. The most common limit
of Liability coverage we advise is $1,000,000 Combined Single Limit, which is often not much more premium than lower limit policies.
South Bay Auto Repair Insurance – Limits of Insurance
As mentioned above, owning an Auto Repair shop in the South Bay makes it especially important to check your coverages for proper limits. There are many expensive vehicles which leaves a lot of exposure for larger claims. Having a basic General Liability or Commercial Auto policy is not enough. Make sure that your coverage limits reflect the type of clientele you work with.
We work with many Auto Repair shops and would love to help you with your policies. To learn more, give us a call at 925-297-4829.
All information is general in nature and is intended to provide guidance only. It is up to you to request specific coverage options, the agency and agent do not bear this responsibility. Always read the policy if there is a questions about coverage or a claim. If any information herein should conflict with your actual policy’s specific language, the policy language will be controlling.