Auto parts store coverage made to fit your business
NEXT’s car parts store insurance can help protect you from out-of-pocket costs related to accidents, injuries, legal fees and damaged or stolen inventory. Our insurance packages typically include:
- General liability
- Commercial property
- Workers’ compensation
We’ll help you get the business insurance coverage you need
It’s all about managing your risk. See the different policies available for auto parts shops.
General Liability
Bought by most store owners
General liability is often the first type of coverage auto part store owners buy. General liability is intended to provide coverage for accidental injury or damage to other people or their property.
For example, if a customer slips on a slick floor and breaks their wrist, your insurance could help pay for emergency treatment and medical costs.
Note that this is an example and may not reflect the terms of your specific policy. It’s always a good idea to refer to the coverage details in your own policy.
general liability can help you pay for:
Medical payments
Property damage
Legal fees and judgments
Workers’ Compensation
For business owners with employees
Workers’ compensation insurance can help pay for medical care and lost wages after a workplace injury. Depending on your state, it might be required if you have a certain number of employees. You can add business owner’s coverage with your policy to protect yourself.
workers compensation can help you pay for:
Medical expenses
Lost wages
Employer liability
Commercial Property
For business owners with inventory
Commercial property insurance helps to cover some of the inventory, gear and equipment you own or rent to run your car part store. If a pipe bursts in your shop and ruins your inventory, property insurance could help with the cost of replacing your goods (depending on your coverage details).
commercial property can help you pay for:
Damaged equipment and inventory
Lost income (due to property damage)
Operating expenses
Bundle two or more of our policies and save up to 10%
You can pay for your auto parts store insurance monthly or annually and you can cancel at any time.
Basic
Lowest Price
General Liability
Per occurrence
$500,000
Workers’ Comp
Per accident
$100,000
Commercial Property
Per occurrence
$25,000
Pro
Most Popular
General Liability
Per occurrence
$1 million
Workers’ Comp
Per accident
$500,000
Commercial Property
Per occurrence
$25,000
Pro Plus
Best Coverage
General Liability
Per occurrence
$1 million
Workers’ Comp
Per accident
$1 million
Commercial Property
Per occurrence
$25,000
How much does car part shop insurance cost?
You could save money if you buy auto parts shop insurance with NEXT. The exact amount you pay will depend on:
- The types of car parts you sell
- Where your business is located
- The amount and value of equipment at your shop
- If you bundle more than one type of coverage
Suggested auto parts store insurance
It can be a good idea for auto part shops to have insurance due to the risk of injury and property damage. You might want to get insurance in order to:
- Lease or purchase a shop. Landlords and banks may require general liability, and it protects your inventory, equipment and even the building that you lease or own.
- Defend your business. Insurance can help defend you if you are sued.
- Repair or replace property you own or rent. Cover your equipment, inventory and the building that you lease or own.
Frequently asked questions about business insurance
Here are some of the most common questions we get about auto supply parts store insurance. If you don’t find the answers you need here, our licensed, U.S.-based insurance advisors are standing by to help via online chat or phone.
How does business insurance protect auto parts store owners?
Our auto parts store liability coverage is designed to protect your business from a variety of risks and help you save money to grow your business. It can help protect you from financial losses related to:
Damage to someone’s property
A shopping cart from the market next door hits a customer’s car in your parking lot. General liability coverage gives you financial protection if you are held responsible for damaging property.**Customer injuries
A customer trips over some oil that was spilled on the ground and slips, injuring their back. General liability can help with medical expenses if a customer or guest gets hurt.Damage to your own property
Thieves break into your store and steal your inventory. Commercial property insurance can help with replacement or repair costs if your owned or leased property is damaged due to a covered event, such as a burst water pipe, fire or theft.Workplace injuries
An employee gets his finger caught in a gear pulley and needs surgery. Workers’ compensation coverage can help cover medical bills and lost wages. It’s usually required by law if you have employees.What do I need to get an insurance quote online?
It takes about 10 minutes to get a business insurance quote online with ERGO NEXT. We’ll ask a few questions about your business — like what you do, your location, how many people you employ and the vehicles you use for work. You’ll choose your options and see prices. If you like what you see, you can buy online and get a certificate of insurance (proof of insurance) on the spot.
How can I get a certificate of insurance (COI)?
Once you have an ERGO NEXT policy, you’ll have instant access to your certificate of insurance 24/7 via web or app. Log in to your account and download your COI, or have it delivered via email or text at no additional cost. Get unlimited certificates and add an additional insured as you need them. Make changes to your coverage and your COI updates automatically.
How do you file an insurance claim with ERGO NEXT?
If you’re a policyholder, simply log in to your account and file a claim. We will contact you shortly after you submit to go over the details. Our support team is standing by to help.
