This Commercial Lines Policy is the appropriate insurance coverage for an Auto Repair Business and is widely available through most commercial underwriters.
Just contact a local agent that offers commercial insurance in your area.
Auto repair businessIt's important to make certain your policy covers:Products/Completed Operations Insurance for all completed work you perform on vehicles.
Personal and Advertising Injury Insurance - In case you slander another firm in your advertising.
Medical Expenses Insurance - In case a patron is injured on your premises.
These coverages are all usually provided through a Commercial General Liability Insurance Policy.
Best of luck with your businesses. Remember to compare quotes so you get the best prices and the best plan to meet your needs.
You will need an insurance license and the associated traiing to open an auto insurance business
The website autos.com/auto-repair/car-repair-insurance has a listing of auto repair insurance carriers. Also, it explains the purpose of the insurance and a guide to tell whether or not you need it.
There are many things you need in order to start an auto body paint and repair business. Most important, you need a college education.
Need to know what problems, financial? Business? Advertisement? Employees? Insurance? Technical?
The only time you would not need it is if your personal auto insurance policy already covers you for your business use. If they would not cover then you need to purchase commercial insurance for that vehicle.
To become an auto repair shop owner you will need to have training in that field. You will also need to create name and get a business license. You will then need to rent or purchase a shop for you to do all of your work.
To open your own auto repair shop, or any business for that matter, you'll need to obtain a business permit, financing and secure a location. You'll then need to hire employees, get forms, advertising and so forth.
You will need to be trained and licensed to sale insurance. You can get training with the insurance company you would like to represent.
The insurance that I carry for my Detail business is $500,000 policy that covers the trailer and its contents with comp and collision because I'm mobile, higher coverage for the tow vehicle, and coverage for any repair on and in the vehicle that I am working on.
You need to complete a auto repair shop to repair your car. Since 1926, Firestone Complete Auto Care has been in the tire business. And now, our online tire catalog is ready to help you find tires.
You can keep the money. You don't have to repair the car.
Most personal auto insurance policies will exclude business use of your personal auto. So the answer is you most likely will need a separate business auto policy if you are using your auto for business. There are a few exceptions to this. Some personal auto insurance policies do have a business use class that was intended for the accountant, lawyer, counsultant type who drives from client to client all day long. Or possibly even a real estate agent might find coverage on the personal auto policy. Each insurance company has different rules on what types of "business use" they will tolerate. The best thing to do is call your agent and discuss the possibilites with him/her. And I always recommend, the best place to be is an independent agent. Independant agents have access to several insurance companies and can shop your insurance for you to find the best fit for your needs.