If you own an auto garage, then you know just how important it is for you to keep everything safe. Similar to getting homeowner's insurance for your house, you can purchase garage insurance coverage for your auto shop garage. But why exactly should you do that and what will it cover? This article will take a closer look at a few reasons. Read on.
As much as we like to think that nothing will happen to our things, theft does happen and that's the last thing you want at your auto shop. Because your auto shop is filled with so many unique and expensive tools, it would be a small fortune to replace all of them if they were to get stolen, right? Well, when you have garage insurance coverage, it will protect all of your tools and equipment inside of your garage just in case someone were to break in and steal them.
Things are bound to get damaged and mostly on accident. When you have a lot of mechanics in your shop and when you even have customers that are around your shop, things can get damaged on accident. For instance, someone could accidentally back into your garage door or drive through it, and your garage liability insurance would cover that damage.
Fires happen, especially when you are working around cars, oil, and other types of machinery. Although you and your mechanics are trained well enough to avoid setting things on fire, accidents happen or sometimes things just happen out of the blue. Whether it's a small fire or a large fire, your insurance should cover the fire and smoke damage so that you don't have to pay for it out of pocket. To help protect your garage against a fire, you can get garage liability insurance that will cover it.
If you want to keep your garage as safe and protected as possible, then make sure that you invest in some garage liability insurance. This type of insurance will keep your garage, equipment, and tools shielded and protected against theft, damage, and fire. When you meet with your agent, they will discuss anything else that your insurance will cover so that you know exactly what is protected by it. Additionally, they will discuss your deductible with you and how much that will be. If you can, try to get an insurance policy with a lower deductible.