When thinking of Automotive Insurance, you might first think of car insurance. That doesn’t quite explain it. Think of automotive insurance as insurance for people and businesses that service and repair the personal automobile. In other words, Automotive insurance is business insurance for auto service and sales companies.
Let’s start by defining automotive insurance first. Automotive insurance is not car insurance. In fact, if you call an insurance agent, ask for automotive insurance, he or she will probably instantly think you’re referring to the automotive business insurance classification. Now we understand that, let’s talk about the types of businesses in this category.
The types of businesses that would need an automotive insurance policy would include the following:
- Automotive Repair Shops
- Oil Change Shops
- Franchise Car Dealerships
- Used Car Dealerships
- Auto Leasing Companies
- Tire Shops
- Truck Leasing Companies
- Gas Stations and Convenience Stores
- Motor Vehicle Dealers
- Truck and Trailer Dealers
Automotive industry dealers and repair facilities have unique exposures. Keep in mind that a personal auto policy will not cover the repair person while in possession of a client’s vehicle. Many automotive risks include package policies that include:
- General Liability
- Commercial Auto
- Errors & Omissions
- Equipment Breakdown
- Workers Compensation
- Employment Practices Liability
- Umbrella Liability
- Property Coverage
- Loss of Income and more.
Visit our agency or call us at
(888) 575-9224 to speak with our knowledgeable, friendly, and experienced agents about our commercial insurance offerings.