subject: Cover You Business With Mechanics Insurance [print this page] If you happen to own an auto repair shop or a mechanic's garage, you may have witnessed quite a number of accidents inside your work place. Some of these accidents cannot be avoided, but most of them can be prevented. However, if any eventuality takes place, you have to be prepared to face it.
You need to have a mechanics insurance policy to ensure protection from all these accidents. This type of insurance policy will provide cover for a wide range of accidents, including fire and arson. However, the most important component of this policy is the insurance cover for negligence.
Mechanics are humans after all and they do make mistakes sometimes. They may accidentally cause a dent in a fender, break an oil seal, or forget to seal a hole in the fuel tank, or even leave a nut loose. These are small mistakes, but they can result in big accidents. Owing to a loose lug nut on the tyre, the vehicle may skid off the road. The vehicle may catch fire if there is a leak in the fuel tank. These accidents can cause damage to the vehicle and there is always a chance that the customer gets injured. A mechanics insurance policy will provide cover in such situations. It will compensate for the damage to the vehicle, and the hospital expenses of the injured customer.
In most countries, you cannot operate a garage or a mechanic shed without a valid garage insurance policy. Therefore, it is imperative that you purchase a good insurance policy.
You can get an insurance quote on the Internet by visiting the website of the insurance company. You can even hire an insurance agent who will assist you to select a good insurance policy that will meet all your requirements. There is a separate category of garage insurance that deals with damage to the customer's vehicle alone. This is commonly known as garage keeper's insurance policy. This is done on a direct primary basis. If you own an auto repair shop or garage with many employees, this type of insurance will take care of compensation to workers also.
Mechanics Insurance also includes coverage for tools and equipment like air compressors, wrenches and hydraulic jacks and so on. If you operate a car wash service in your garage, you can buy an insurance policy to cover that also. This will take care of equipment malfunction and worker negligence. Insurance cover is provided for theft also.
If a customer's vehicle is stolen from your garage, you can pay back the customer by making a claim on your insurance policy. The insurance company will investigate your claim and pay the customer directly, if your claim is found to be valid. If any of your customer's vehicles are destroyed in a fire accident in your garage, the insurance company will provide cover for that also. The premiums that you have to pay are quite cheap, and you can make the payments online by using your credit card. Therefore, the entire process is quite easy and you can avail an insurance policy to suit your needs.
by: Neil Anderson
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