The Hartford doesn’t offer appliance repair insurance online, but a local agency or Tivly may be able to help you find the coverage you need. The following content includes information from various sources and can change over time.
What Is Appliance Repair Business Insurance?
Appliance repair business insurance is a collection of business insurance coverages designed for small business owners who diagnose, repair and maintain household and commercial appliances. This business insurance helps protect you from risks in the retail industry, such as:
- Customer injury
- Property damage
- Stolen equipment or damage
- Liability claims
Why Might You Need Appliance Repair Business Insurance?
Running an appliance repair shop comes with unique challenges. From damaged property at a job site to stolen inventory, the right insurance coverage can help protect your business from costly mishaps. As the owner of an appliance repair shop, insurance coverage can help ensure your business is prepared to respond to disruptions.
Appliance Repair Insurance Coverages
When it comes to protecting your appliance repair business, you’ll want to ensure you have coverage that matches your potential risks. Many appliance repair shop owners start with a Business Owner’s Policy (BOP) for the peace of mind it can provide. A BOP includes three coverages to help protect you from claims of bodily injury or property damage:
General liability insurance helps protect your business from claims that it caused bodily injury or property damage to others.
Commercial property insurance helps protect the owned or rented building where you run your shop, as well as the tools, equipment and inventory you rely on. These can include:
- Screwdrivers
- Nuts, bolts and screws
- Multimeter
- Pliers
- Wire cutters
- Socket sets
Business income insurance helps replace your lost income if you can’t operate your repair shop temporarily because of property damaged caused by fire, theft or wind.
While a BOP provides a strong foundation for insurance protection, you’ll likely need other types of coverage because it won’t safeguard you from every claim. Additional types of insurance can include:
How Much Does Appliance Repair Business Insurance Cost?
What you pay for appliance repair business insurance will vary because every business is unique. Insurance companies will base the cost of your coverage on different factors, such as:
- Number of employees
- Location of your business
- Type of coverage
- Your claims history
- The limits you select for your coverage
The best way to find out your appliance business insurance cost is to get a quote from Tivly.
General Liability Insurance
“A customer tripped over tools in my store and hurt her wrist. She sued me to pay for her medical bills.”
General liability can help protect your business from claims that it caused bodily injury or property damage to someone else.
Employment Practices Liability Insurance (EPLI)
“After a technician had to stay late to finish a job, they filed a claim saying they worked overtime without proper compensation.”
Employment practices liability insurance (EPLI) helps protect your business from employment-related claims, like wage violations, wrongful termination, discrimination and harassment.
Workers’ Compensation Insurance
“One of our workers injured his leg moving a washing machine. He needed weeks off and a lot of physical therapy to recover.”
Workers’ compensation insurance gives your team benefits to help them recover from work-related injuries or illnesses. It can help pay their medical bills and replace lost wages if they can’t work.
Professional Liability Insurance
“I was shocked when a customer sued my business. They claimed I didn’t fix their washer and dryer, and it caused electrical damage.”
Professional liability insurance can help cover claims that your business made a mistake in the services provided. It can help pay your legal costs if a client or customer sues your business.
Commercial Property Insurance
“A fire broke out in the store next to my shop, and it caused significant smoke damage.”
Commercial property insurance can help protect your owned or rented building as well as the tools you use to operate your repair store.
Commercial Auto Insurance
“While taking one of our service vans to a jobsite, our driver ran a red light and caused an accident. Thankfully, no one was seriously injured.”
Commercial auto insurance can help cover property damage and bodily injury claims if an employee gets into an accident while driving a business vehicle for work.
Avoid Shutdowns With Appliance Repair Shop Insurance
Keep your shop running like a well-oiled machine with insurance protection through Tivly.
The Hartford does not currently have a product available to provide the coverage described on this page. You are being referred to Tivly in an effort to connect you with a carrier who may provide this coverage. This link will redirect you to a third-party website, owned and operated by an independent party ("Tivly"). Any link you make to or from the Tivly website will be at your own risk. Any use of the Tivly website will be subject to and any information you provide will be governed by the terms of the Tivly website, including those relating to confidentiality, data privacy and security. The Hartford and its affiliates (collectively "The Hartford") do not endorse or approve and make no warranties, representations or undertakings relating to the content of the Tivly website. The Hartford assumes no liability for loss, damage and any other consequence resulting directly or indirectly from your access to the Tivly website or any information that you may provide on the Tivly website.
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