What Are the Best Insurance Companies for Auto Repair Shops?

Insurance is an important part of any business, but it can be especially critical for auto repair shops.

After all, these businesses deal with high-value merchandise and face a unique set of risks. As a result, it's important to choose an insurance provider that understands the needs of auto repair shops.

Here are a few things to look for in a good provider:

A broad range of coverage options. Look for a provider that offers a variety of insurance products, including property damage, liability, and product liability coverage. This will give you the flexibility to tailor your coverage to your specific needs.
A history of working with auto repair shops. Not all insurance providers have experience working with auto repair shops. However, choosing a provider that understands the industry and has a track record of providing quality coverage is important.
Competitive rates. Auto repair shops are typically on a tight budget, so it's important to find an insurance provider that offers competitive rates. Get quotes from several different providers before making a decision.

Our top auto repair shop insurance providers match all of the criteria above. They're all experienced providers that offer a broad range of coverage options at competitive rates.

Recommended Policy Types for Auto Repair Shops

Type of Insurance	What It Covers
Business Property Insurance	Protects your auto repair shop's physical structure and any equipment or tools inside. It can also cover loss of business income if your shop is forced to close due to damage from a covered event.
Business Liability Insurance	Protects your auto repair shop from lawsuits arising from injuries or property damage caused by your business. It can also provide protection if one of your employees is accused of wrongful or negligent actions.
Product Liability Insurance	If you sell products out of your auto repair shop, this coverage can protect you from lawsuits alleging that those products caused injuries or property damage.
Workers' Compensation Insurance	Provides benefits to employees who are injured or become ill as a result of their job.
Garagekeepers Insurance	Protects your auto repair shop from financial loss if customer vehicles are damaged while in your care. It can also cover the theft of customer vehicles.
Commercial Auto Insurance	Provides protection for company-owned vehicles in the event of an accident, theft, or other covered events.
Professional Liability Insurance	Protects your auto repair shop from lawsuits alleging that you failed to provide competent or professional services. It can also cover errors and omissions insurance for businesses that provide advice or consulting services.
Business Interruption Insurance	Helps your auto repair shop stay afloat if you're forced to close due to damage from a covered event. It can cover lost income and extra expenses, such as the cost of renting temporary space.

Best Insurance Companies for Auto Repair Shops

Here are some of the top companies providing insurance to auto repair shops.

#1 Donegal Insurance Group

★★★★★ - Elemental Risk Rating

Donegal offers a variety of business insurance products, including coverage for auto repair shops. They're a regional insurer with over 100 years of experience, and they have an A.M. Best rating of "A" (Excellent).

Donegal Insurance Group offers auto repair shop owners tailored insurance policies that can protect them from a variety of risks. Their policies can cover everything from property damage to liability claims, giving shop owners the peace of mind that they are protected in the event of an accident or natural disaster.

Best of all, Donegal offers competitive rates and flexible payment plans, making it easy for businesses to get the coverage they need without breaking the bank.

#2 Travelers

★★★★ - Elemental Risk Rating

Travelers is a great option to consider when it comes to finding the right auto repair shop insurance. They have a variety of coverage options that can be customized to fit your needs, and their rates are very competitive.

In addition, Travelers has an excellent reputation for customer service, so you can rest assured that you'll be well taken care of if you need to file a claim. If you're looking for a comprehensive and affordable auto repair shop insurance policy, Travelers is definitely worth checking out.

#3 Liberty Mutual

★★★★ - Elemental Risk Rating

Liberty Mutual's auto repair shop insurance is designed to protect business owners from the financial risks of operating a repair shop. The coverage includes protection for property damage, liability, and business interruption.

It also offers specialized coverage for equipment breakdown and environmental contamination. In addition, Liberty Mutual offers a variety of optional cove rages that can be tailored to the needs of each individual business.

Overall, Liberty Mutual's auto repair shop insurance is a comprehensive policy that provides businesses with the protection they need to maintain financial stability in the event of an accident or other unexpected event.

Wrapping Up – Which Insurance Company is Best for Auto Repair Shops?

Auto repair shops are businesses that need to be properly protected in order to thrive. The right insurance policy can give shop owners the peace of mind that their business is safe from financial ruin in the event of an accident or other covered event.