3 Key Questions To Ask About Car Wash Insurance

There are many car washes available, each with its own risks and exposures. Specialty lines insurance is used to describe car wash insurance. The specialty line insurance policy covers difficult-to-place insurance with special terms and coverage. By choosing an agent who is experienced in car wash insurance, you can minimize your risk and select the right coverage for your company. These are the three most important questions to ask when creating your insurance protection plan.

1. How is your insurance policy rating? Your premiums can be affected by the rating basis of your policy. Are you willing to pay significantly more for insurance if your policy is rated on the sales? Your car wash insurance agent should help you find a policy that suits your needs and budget.

2. Do your garage keeper needs coverage? Discuss your specific insurance needs with your agent. Make sure to clarify the garage keeper coverage requirement. Some insurance companies will require coverage only for full-service washes. Others may recommend it for exterior or express exterior washes. Ask your agent to provide an analysis of the garage keeper coverage that you require for each location.

3. How is your car wash equipment insured? An agent will work closely with insurance companies to figure out the best way to insure your equipment. Car washes are unique because equipment is a large part of the property value. Insurers often request detailed information about high equipment costs. This is especially important in California where property values can fluctuate rapidly in a short time.

Make sure you have your agent fully explain the implications of these questions when determining your coverage. Make sure they are familiar with all aspects of your business. They should also have the experience and knowledge required to provide car wash insurance.