The car repair industry is an important sector that requires customers to place one of their most expensive possessions – their vehicles – in the hands of a trusted mechanic.
Regardless of whether a mechanic is full or part time in the motor trade; works from home or from a business premises; they need mechanic’s insurance to ensure that all vehicles, as well as tools, machinery, contents and even buildings are protected in the event of any loss or damage. Mechanics insurance also covers mechanics to drive customer vehicles for testing and diagnosis purposes.
For such specific requirements, a specialised form of insurance is required. Ordinary motor trade insurance policies, such as combined motor trade or road risk insurance aren’t able to cover everything a mechanic needs, which is why tailor made mechanics insurance is available.
Who needs mechanic’s insurance?
Any business that carries out mechanical work on customer vehicles for commercial purposes needs mechanic insurance. This work can vary from simply changing car batteries to complete car overhauls and more serious repair jobs. Mechanics insurance is specially designed to protect mechanics as well as their belongings, their customer’s vehicles and the contents of those vehicles.
Types of Mechanic’s insurance cover
There are three basic levels of cover for mechanics each of which can be customised with a number of additional extras:
Third Party Only – This is the most basic form of protection, covering damage to third parties on public property or on public roads. The policy provides cover to any public property that may be damaged in an accident but not to the customer vehicle itself.
Third Party, Fire and Theft – This policy covers and fire damage or theft to any customer vehicle in the possession of the mechanic, as well as third party protection.
Comprehensive – This is the most all-inclusive cover, protecting all vehicles, both of the customer and the mechanic.
Compare Mechanic’s Insurance
Always take the time to compare motor trade insurance online in order to find the right policy that suits your business.