Appliance repair businesses need comprehensive insurance programs tailored to their needs. Like many other types of businesses, you face risks to your business property from fire, theft, vandalism and more. In addition, you have to protect your business from damage you might cause to other people’s property while you repair it and while your employees are driving your trucks or vans out on public roads.
Appliance repair shops may conduct repairs on-site at homes or businesses, or they may take customers’ appliances into the shop. Any number of adverse events could occur no matter where you work. You or your employees can damage a customer’s appliance during transport, while in your shop or during the course of making repairs.
Like any retailer or shop owner, the possibility for property damage to your building and business property or to your customers’ property is endless. Your shop can catch fire, damaging everything inside – including appliances that belong to customers, which are stored at your shop.
The specific business insurance policies that you need depend on where you work, the number of employees that you have and the types of services you provide. Any business that provides maintenance services requires special insurance policies and endorsements that address risks to:
- your building or shop.
- your own office equipment, computers, tools and equipment.
- your customers’ physical well-being while on your premises.
- your customers’ property while in your care.
- repair technicians driving company-owned vehicles.