If you have an auto shop and tow trucks, you might wonder how to go about getting insurance. How do you insure both the shop and the vehicles? It sounds complicated. You’ve got a lot on your plate when it comes to running the shop and managing the tow trucks. That’s why it’s so important to get the right coverage for your business – so that you can rest easy knowing that your shop is covered. Which brings us back to the question of how do you insure a business that has both an auto shop and tow trucks? We can help with that.
1. Know the coverages you’ll need.
The first part of the battle is to understand the coverages you’ll need for your business. The following are coverages that auto shops with tow trucks should consider, although they might not be the ONLY coverages they should consider. There are many different coverages that can protect your business from various risks.
General/garage liability: Can help you if there is property damage or bodily injury due to the services your business provides.
Workers’ comp: Helps cover an employee’s medical expenses and a portion of their lost wages if they’re hurt on the job.
Property: Can protect the structure of the garage itself from losses like fire.
Garagekeepers: Can protect your customers’ cars against things like fire, theft, and vandalism.
Auto liability: If you injure someone in an at-fault accident, bodily injury liability can help cover their medical bills and your legal expenses if they sue. Property damage liability can help cover the repairs of their car or other property you happen to damage.
Physical damage insurance: This can help cover repairs to your tow truck if it’s damaged in an accident (collision coverage) or if it’s damaged by something other than a collision (comprehensive coverage, which typically covers things like theft, fire, vandalism, falling objects, and animal strikes.)
On-hook coverage: This can protect your client’s car while you’re transporting it. Losses like fire and collision can be covered.
Once again, these might not be the only coverages you need for your business. But it’s helpful to familiarize yourself with this general list.
2. Get quotes for insurance.
The next phase of getting insurance is to get quotes. That might sound like a daunting or scary process, but we do our best to make it easy. Here’s how our quoting process works:
You fill out our online form, message us, or give us a call.
Let us know what you’re looking for insurance and tell us a little about your business. You don’t have to go through the insurance process by yourself – we’re here to help.
One of our agents will reach out.
We’ll be happy to talk to you about your business and your insurance needs. One of our transportation specialists will reach out to you to ask a few questions about your business. We want to get to know you and we want to understand your business. This is so that we can help you get the right insurance and the best quotes possible.
We go shopping.
Our team will gather your quotes and see what options you have. We work with many insurance companies that do transportation insurance, so we can help you get quotes for the insurance you need.
We present your options.
Then we’ll come back to you and go over your insurance options. We’ll go over those options with you and answer any questions you might have about them. Once you’ve made your insurance decisions, we’ll help you finalize your coverage.
We don’t stop there.
That’s not the end of the story, though. We’re here to help you out with your insurance questions, concerns, and so on. You can get in touch with us by phone, email, or LiveChat so that we can assist with any coverage questions you have. When you work with our team, you’re never dealing with your insurance on your own. We’re here to help.
So, that’s how getting insurance for an auto body shop that also has tow trucks works. It’s helpful to understand the coverages that you might need. Then you can get quotes – and we strive to make the quoting process as easy as possible. It’s really important to read through your policies and make sure that you know what’s covered and what’s not. (And ask us any questions you have!)
Get in touch with our transportation insurance team by filling out our online form, giving us a call, or messaging us on LiveChat.
