Business Insurance For Garages

Owning a garage or a mechanics workshop allows you to carry out your job efficiently and safely. Your customers will benefit from being able to bring their vehicle to you so that you can carry out all maintenance and repairs and continue to provide an excellent service.

However, when your customers come to you they expect your expert advice to help them make informed decisions but they also expect to remain safe. Given your line of work and the advice that you offer and the equipment that you use, you are at risk of acting negligently, giving incorrect advice or even causing injury to your customers. Whether your customer experiences financial loss because of you or if they become injured they have the right to make a claim.

Cheap Business Insurance For Garages

Without business insurance these claims can prove costly so you need to consider putting the right cover in place. Business insurance is there to protect your business and its finances. Dealing with any claim requires money even if claims are unsuccessful. Defence costs, compensation costs and court appearance costs can add up but business insurance takes care of this. You might think that you will never make a mistake that could lead to financial loss or injury for your customer but it is completely possible.

Your business needs the right insurance and that is why business insurance is the ideal choice of cover for you. The risks involved with your line of work means that your customers could make a claim.

Professional indemnity insurance works by protecting your business from any claims made against you that are associated with negligence, bad workmanship or incorrect advice that leads to injury or financial loss. You could advise your customer that their vehicle is fine to drive but the problem could cause your customer to lose control of their car which could cause serious injury or you may wrongly install a part that causes further damage. A customer would be well within their rights to make a claim so you need to consider the importance of professional indemnity insurance.

Alongside this, you are at risk because your customers visit your garage or workshop. This is where you carry out your work using heavy equipment and with vehicles being moved about there is the potential for customers to become injured. A customer could be hit by a reversing vehicle or they may even slip on oil. There are hundreds of risks surrounding your premises but public liability insurance is there to help deal with the financial implications of any claims made against your business.

There are a number of features associated with business insurance:

• All claims are covered, even if they are not successful
• Thorough claim assessment is carried out before payment
• Full protection for your business
• Defence costs and compensation costs are included
• The needs of your business determine the cover required
• All court appearance costs are included
• Cover to fit your budget

What Are the Benefits?

You will receive the following benefits:

• You will meet all legal requirements and regulations
• Pay more attention to the needs of your business
• Financial protection
• Professional advice available along with representation
• Confidence and peace of mind