Why Do I Need Car Garage Insurance?

Why Is It Important To Have Car Garage Insurance?

First and foremost, if you run an MOT Garage or Service Centre business, to have a minimum level of motor trade insurance is a legal requirement. You are required to have at least the very basic cover, which is Third Party Only. 

Also if you employ any members of staff, irrespective of their role, you will have to take out Employers’ Liability insurance too. To add a higher level of cover and any other products would be seen as good business practice. If someone were to make a successful claim against you, you have to consider whether your business would be able to carry on trading. A claim after legal fees can spiral into many thousands of pounds, so compare that with paying a little more for your premium every year and being fully protected. 

In addition, look at the contents within your business…Is there a piece of important expensive equipment in your premises that you simply could not do without? What would you do if there was a fire in your garage and that equipment became unusable? It would be an idea to weigh up all of the potential factors that could substantially impact your business and add the relevant cover to your policy. 

Certain types of cover can also give your business a positive boost to its image as well as providing the practical insurance coverage, for example, Public Liability cover, which, although not legally required, to have it instils trust in your business and shows anyone who is looking to use your company that they are dealing with a responsible and fully covered business. 

Here’s a summary:

• Required By Law
• Portrays a Good Public Image
• Provides Business Cover
• Can Cover Your Employees
• Can Cover Your Employees
• Gives You Financial Cover
• Peace Of Mind

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Want to find out more, speak to an expert or get a Car Garage insurance quote? Call our specialist team on 0800 221 8077 or click Get a Quote below to find out how much you could save.