Auto Detailing and Car Wash Business Insurance

Insurance Policies to Consider For Car Wash 

What Does Car Wash Insurance Protect Against? 

There are mainly two types of car washes; self-service and full service. A self-service car wash mainly involves no interaction between customers and employees, since machines manage all the cleaning. On the other hand, a full-service car wash requires some services that are done by hand too. Some full-service car washes also have other services like brake repairs and oil changes. Both of these come with their own set of risks. Having the right car wash insurance policy can help minimize these risks as much as possible.
 

Other services that car wash companies provide are just cleaning up the interior, or simple handwashing. While all of these seem like extremely simple tasks, there is always some degree of risk involved. An employee can hurt themselves while handwashing. There is also the risk of a scratch on the body of the car while cleaning. So whichever service you provide, you need to make sure that your business is covered at all times against the risks posed by a particular service. This can help you control and minimize any losses you might face if an incident occurs.

Machine Malfunction

Even if a piece of machinery has served your business reliably, it is possible that it may not function properly in the way that it should at some point. With frequent usage and regular wear and tear, this is something that has a high probability of happening. Car wash insurance helps with coverage for machine malfunction that can lead to an incident on your business premises.

Moreover, if car wash equipment breaks down, it can become increasingly hard for you to continue daily operations. 

Having car wash insurance can prove helpful in such cases too as it allows the machinery to be repaired as soon as possible and there is no hindrance when it comes to work. You can also get the machinery replaced entirely and ensure that your business continues to run efficiently.

Car Damage Liability 

Most car wash companies have stringent measures in place to make sure that cars don’t get damaged while getting washed. Having said that, accidents can happen and aren’t completely preventable. 

Car wash insurance cover is very important here. Accidents can happen and they can involve a trained employee, as well as an untrained one. In the case that something like that happens, you will be held responsible for the damage. 

Car wash insurance can help you get the protection you need against the financial losses that may result from such incidents. 

 Such policies can help cover legal defense costs. You can also use them to pay off a lawsuit. 

Whenever you purchase a car insurance policy, you will have to make sure that you select a limit based on the potential losses you might incur. For instance, if the payout for a lawsuit exceeds the limit of your car wash insurance policy, then you’ll have to pay using the funds held by your business.

Disgruntled Workers

There is always a chance that employees get injured while at work. This can be in the form of minor cuts and bruises or can even be major head injuries. If an employee gets hurt while on the job, then you are responsible for the damage that has happened.

Preventing such damage is not possible completely, so it is always best to have yourself covered against such liability. A disgruntled worker can sue you in the event they get hurt or injured while at the job and you might have to pay their medical bills and bear other expenses. 

Business Interruption Insurance 

Any kind of unforeseen disaster can affect your business. Thankfully, a car wash insurance policy also covers business interruption. This type of coverage comes into effect if your car wash business has to close down due to any event and you have to pay rent, utilities, and employee salaries.

For this reason, business interruption insurance is there and it helps you safeguard yourself. For example, if a fire happens and it damages your building and equipment, and you have to close down your business temporarily, then, in that case, your losses will be covered by business interruption insurance.

Garagekeepers Insurance

Oftentimes, customers leave their cars on the premises to be cleaned. Garagekeepers insurance helps with providing coverage for vehicles in the event they get damaged due to unforeseen circumstances while in your custody for washing and other services.

For example, if a customer’s car gets damaged by a gas explosion or gets stolen, then garagekeepers’ insurance can offer you coverage against any losses that you might face in such scenarios.

How Much Does Car Wash Insurance Cost in New Mexico?

There are many different factors that have an impact on the cost of car wash insurance. Here are a few of them:
 

• The services that you offer. If you offer a wide variety of services, then you need car wash insurance for all of them.
• The property you own. If you have several car wash setups at different locations, then the cost of an insurance policy may vary as per each individual location.
• The number of employees you have also affects the cost of your car insurance. The more employees you have, the more you have to pay for insurance since you have to ensure full coverage for all of them as well.