Auto mechanic insurance Pearland, TX is a type of business insurance that covers the unique risks that auto mechanics and auto shops face. This type of insurance typically includes coverage for property damage, personal injury, general liability, and professional liability. Depending on the policy chosen, it could also include coverage for the shop’s tools, equipment, and workers’ injuries. Texas Insurance Agency has your back if you’re looking for an affordable auto mechanic insurance policy to protect your auto shop and workers!
Any person or business needs insurance coverage of some sort to protect their finances during unexpected events. Proper insurance coverage can help provide peace of mind by helping to manage risk associated with the possibility of financial loss in the event of an accident. For most businesses, insurance can help protect against losses associated with property damage, liability claims, and other business-related risks. Whether you run a large or small auto shop, having insurance can protect your business’s bottom line.
When you’re not sure where to start with getting insurance for your business, contact Texas Insurance Agency. Our team of experts cares about you and your people. We put your needs first, and we’ll do our best to connect you with the auto mechanic insurance that suits what your auto shop needs.
Get a free quote from us today to see where you stand! If you have any questions, feel free to call or email us. We love talking to new clients, and we’d love to help you go through all of your insurance options!
Auto Mechanic Insurance Pearland, TX
Although the overarching term is auto mechanic insurance, various parts go into protecting your auto shop’s financial assets. Sometimes, the average insurance policy isn’t right for you because your auto shop is unique! However, if you come to Texas Insurance Agency, our team will help you build an insurance policy that covers everything that needs to be protected on the job.
First, who needs auto mechanic insurance? Well, other than the obvious, the following businesses may need to consider it:
- Auto Repair Shops, Body Repair & Collision Shops, and Auto Sound & Communications Installation and Repair Shops
- Retail Tire Dealers
- Mechanics and Shops with Automotive Service Excellence (ASE) or I-CAR Certifications
Most basic packages include general liability, commercial property, and business income insurance. Other packages may also include worker’s compensation. Depending on your area and specific needs, our agents can recommend specific additions for your auto shop’s and workers’ protection.
Here in Texas, commercial general liability insurance is not required by law. However, we still highly recommend purchasing a policy to protect your business. If you do buy a policy, the minimum required for a general liability policy is $30,000 for personal injury, $60,000 for accidents, and $25,000 for property damage, a.k.a. the 30/60/25 rule. Of course, this is only the minimum amount, so you could raise the limits depending on your business’s needs.
Check Out Commercial Umbrella Insurance
Whether you’re only getting commercial liability insurance or a package deal, we suggest checking out commercial umbrella insurance too. This type of plan provides additional coverage on top of your current plan.
The extra coverage can help pay for costs exceeding your normal policy’s limit. Usually, if a claim exceeds your policy’s limit, you will have to pay the difference out of your pocket. For example, these extra fees could include legal fees, medical bills, payment to the other party, judgment fees, etc. In cases where that extra money means everything, umbrella insurance would’ve meant the world.
We usually recommend this type of plan for businesses that operate in high-risk industries, have a large number of workers, or own valuable assets. These policies can provide an extra layer of protection in the event of a major lawsuit or claim.
You should weigh the cost of an umbrella policy against the potential risks associated with your industry and operations. While the cost of one of these plans may seem high, it’s often a small price to pay to protect your business and assets from financial ruin.
Why You Would Need Different Types of Auto Mechanic Insurance
Anything could happen to your auto shop when you least expect it. At least, if you have coverage, you can get back the monetary losses that those accidents cause. For example, the following are common mishaps that could happen to an auto shop:
- Stolen Tools & Equipment
- Stolen Customer Payment Information
- Property Damage
- Lost Customer Belongings
- Mechanic Injuries
- Faulty Work
Rather than incurring those losses and putting your business in the red, it’s much simpler to have auto mechanic insurance Pearland, TX that can cover those instances before they even happen. If you’ve had moments in the past where an incident occurred or have heard of stories from your fellow business owners, you can protect against them from reoccurring with the right insurance policy. When you’re buying insurance, it’s not about “it’ll be fine;” it’s about “what if this happened?”
When unsure where to start building your insurance policy, talk to one of our expert insurance agents. We can connect you with affordable policies that offer everything your auto shop needs to continue running without any issues.
Get In Touch with One of Our Agents!
Texas Insurance Agency loves working with new businesses, whether large or small! Our team prides itself in putting our clients first, so you know you’ll always get the best plans at the best prices for you. Come to us when you’re in the market for a new insurance plan or looking for some additional coverage. We’ll help get you settled.
It only starts with a call. When you’re ready, call our office to speak with one of our agents or schedule a meeting or quote. We have offices throughout Houston, including our location in Pearland. When you speak with us, we’ll help you find the best auto mechanic insurance Pearland, TX that’s right for you!
Pearland, Texas Fun Facts:
- The 1st post office in the area was established in 1893.
- That was the same year it was renamed Pearland.
- Before that, it was named Mark Belt.