Small businesses, such as auto glass shops, should be protected from unexpected disasters, liabilities and other risks in order to avoid financial burden or possibly losing the business altogether. A variety of business insurance policies are available to owners and operators of auto glass shops, which provide windshield replacement services and other glass jobs for a variety of vehicles, to provide optimum coverage for a number of risk exposures. Auto glass shops insurance is crucial for the additional security and protection against unforeseen events. It may be purchased separately or combined into a complex insurance policy for maximum coverage.
Types of Auto Glass Shops Insurance
There are many types of auto glass shops insurance available for your business that will provide additional coverage for a number of liabilities and risks. Whether you want to cover against employee accidents, general liabilities, unforeseen disasters, or other types of risks, you can find a policy suited to your needs.
For auto glass shops that own vehicles used by employees for mobile service, pick-ups, deliveries, or to give quotes to potential customers, commercial auto insurance is needed. Commercial auto insurance will cover any vehicle that is used for business-related tasks and covers accidents, theft, medical expenses, vandalism and other events that may occur while the vehicle is being used for providing mobile service, deliveries or other types of errands for the auto glass shop. The amount of coverage provided by the commercial auto insurance policy depends largely on the level of policy obtained.
Auto glass shops often store other people’s vehicles in their garages, which will cause them to be liable for any unforeseen event that may occur while it is stored, such as a fire, flood, natural disaster, extreme weather conditions, or theft. For this reason, it is crucial that auto glass shops with garages purchase a garage keeper’s legal liability insurance policy. Garage keepers insurance covers these types of risk exposures and other types of unforeseen events, depending on the level of coverage of the insurance policy.
Every small business is required by law to hold worker’s compensation insurance for their employees as it protects the company against illness or injury an employee suffered on the job. Worker’s compensation also helps cover an employee’s medical expenses from the illness or injury as well as providing income stability, while he or she is unable to work as a result of an injury. Whether you have one employee or ten in your auto glass shop, worker’s compensation is not only required by law but it is an essential part of providing security and protection for your business in the case of an occupational injury.
General liability insurance coverage is another type of business insurance. It provides security and protection for a variety of hazards and accidents that may occur on the premises of the auto glass shop. For example, a cleaner used following the installation of windshields may cause illness to a customer who is allergic to it, or a customer may have an accident inside the shop. General liability insurance also covers damages associated from other types of liability. For additional protection, umbrella insurance policy can be added to the general liability insurance to provide higher limits than may be afforded by the underlying General liability policy.
A business owners policy, also called a BOP, is a comprehensive insurance policy that combines various insurance policies into one package. This type of insurance covers business assets and costs associated with a variety of risk exposures, such as damage to the building of your shop from vandalism, extreme weather conditions, fire, floor, or a natural disaster such as an earthquake or tornado. The business structure is covered by this insurance as well as offering financial protection when you are responsible for the costs of replacing equipment or remodeling the building.
Auto glass shops insurance is an important part of owning and operating a shop that does auto glass repairs due to the many unforeseen events that may occur. Your business assets, business dwelling, employees, and financial assets can all be covered by choosing the right policies for your business needs.