Owning any type of business requires a special type of insurance to help the company from experiencing financial loss due to an accident or lawsuit. Without the right coverage, it can jeopardize the company’s financial future and risk the loss of the business. While some companies can recover from an accident or a lawsuit, some business may not survive that first claim against the company. Especially, if they are a small business or just starting out. Fortunately, garage keepers liability insurance can provide the coverage a company needs to protect their future and the success of the business.
Two Important Types of Policies to Purchase for an Auto Shop
In the auto repair industry, there are two types of accidents that can put the company at risk. One is the injury of an employee while working and the other is damaged caused to a customers’ car while on the company’s property. Garage liability insurance is the type of coverage that expands over property damage of the business, injuries sustained by an employee, and coverage for products or equipment owned by the company. However, this type of insurance will not cover any damaged caused to a client’s car if an accident occurs. An additional coverage of garage keepers liability insurance will be required to cover the expenses of a customer’s auto if it should be damaged while on your business’ property.
Affordable Coverage is Available to Meet Your Company’s Needs
Each company has specific needs that are essential to be met when looking for insurance coverage. Boardwalk Insurance Group specializes in providing the unique coverage their clients require for their personal or business property. An agent will work with you to find the right policy at a reasonable price that meets your company’s specific needs to help protect your business facing financial loss if an accident does occur.
