Why Do I Need Mobile Mechanic Insurance?
Find out why you might need to consider Mobile Mechanics insurance.
Why Is It Important To Have Mobile Mechanics Insurance?
Firstly, it is important for all mobile mechanics operating a business to have at least a basic level of motor trade insurance cover in place because it is required by law. The law has been set so that the minimum level of insurance required will cover any third parties that could be affected if you were to have an accident and cause any damage. After that, insurance is there to protect you and your business so that if something were to happen, then you would be covered and still able to continue trading, so the level and extent of the insurance policy you purchase is down to you, and what you feel is necessary to protect your business sufficiently.
Most mechanics won’t be able to work without their tools and equipment, so it’s vital to make sure these are also covered by your policy. The only two products that are a legal requirement are third party only cover and, if you have any employees, Employers’ Liability insurance. As a mobile mechanic, being around members of the public, being hands on with customers’ vehicles, and potentially around their premises and property, it would also be a good idea to have Product and Public Liability Insurance.
Public Liability will cover you against any claims made by the public for sickness, injury or death as a result of the actions of your business, while Product Liability will protect the work carried out to a vehicle, so if you fit a new set of brake pads to a customer’s car which then turn out to be faulty leading to further damage and a claim against you, you’ll have protection in place to cover you. A secondary benefit to having both of these products would be to portray a positive impression of your company to your customers, helping to demonstrate that you can fully protect them and their property. Also it will give you peace of mind knowing that if something bad were to happen, then you will not find yourself owing thousands of pounds, and potentially risking the future of your business.
So, why do you need Mobile Mechanics insurance?
- It Is A Requirement By Law
- To Provide A Positive Image
- To Protect Your Business
- To Cover Your Assets
- Provide Cover For Employees
- Cover Any Work Carried Out