Insurance for Your Auto Parts and Supply Business From the Lambert Agency

From the gear heads who tune their engines for extra horsepower, to the commuters who simply need a reliable ride to work, you keep America running with quality parts and advice. And as more and more people chose to repair their vehicles rather than buy new, you’re likely to stay very busy in the months ahead.

While you help keep drivers on the road, the Lambert Agency can help you protect your business. We offer policies specifically created for the auto parts and supply industry, and our insurance advisors are trained to understand the challenges and risks you face.

The Lambert Agency offers customized insurance packages that cover just what you need, and nothing more. We’ll help you every step of the way, from a fast policy estimate to flexible payment options. Whether your policy needs a tune up or a complete overhaul, a the Lambert Agency will be happy to look under the hood and give you advice you can really use.

We know you work long hours, including weekends. So we’ll find a time that fits your schedule, and give you options and advice that fit your budget. So you can have the same peace of mind behind the service counter that your customers have behind the wheel.

The answers you need

If you’re considering a new policy, you probably have specific worries and concerns about your auto parts and supply business. So we’ve taken the time to address those issues and offer some solid solutions. When you’re ready to speak to an agent, please call us at (205) 879-7283 and ask for a customized auto parts and supply business insurance quote.

Common Questions About Auto Parts and Supply Business Insurance

We’re certain you have some questions about the best ways to insure your auto parts and supply business. Here are a few of the most common
questions we’re asked with the answers you need.

Q. What specific kinds of insurance do auto parts and supply businesses
usually need?

A.  It varies from company to company, but in general most auto parts businesses require:

• Business Personal Property Coverage – Insures your inventory, fixtures, displays, supplies, furniture and more against fire, theft and many other risks.
• Product Liability – If parts or products you sell are found to be defective and caused damage to a customer’s vehicle, this insurance will protect you.
• Computer Coverage and Valuable Papers and Records Coverage – Protects you in the event your computer is damaged or destroyed, or computer databases and customer records are lost.
• General Liability – This provides coverage in the event a customer would get hurt on your premises.
• Workers Compensation – Protects you against employee job-related injury claims.
• Business Automobile Coverage – Provides coverage for business-owned vehicles, or for employees using their vehicles for business purposes.

Q. What type of coverage is often overlooked in my industry?

A.  Business Interruption – This covers loss of income due to a fire, act of vandalism, or other damage to your property that forces you to temporarily close. Your lost income will be paid until you are up and running once again.

Accounts Receivable Insurance – Provides coverage in the event your accounts receivable records are damaged or destroyed.

Crime Insurance – Protects you in the event your business is robbed and valuable products, like car alarms and radar detectors, are stolen.

Flood Insurance – The Lambert Agency doesn’t offer flood insurance, but your agent can connect you to the National Flood Insurance Program, the government-sponsored insurance that offers up to $500,000 in coverage.

Ordinance or Law – This insurance can protect you if you need to tear down your building and rebuild it to local code standards after a loss.

Q. I’ve invested a lot in my brand and my signage. Can I get insurance to cover my company’s signs?

A.  If your sign is an important part of your visibility, we can cover it – from damage caused by vandalism, theft, lightning, car accidents and more.

Q. What is umbrella insurance?

A.  It’s a way to add higher limits to your existing insurance. For example, if your current liability policy covers a $1 million lawsuit and you are successfully sued for $2 million, umbrella insurance can cover the difference. Best of all, we can provide this excess liability coverage over your business vehicles as well as your business liability.

Q. If I have more than one location, do I need several policies?

A. No. The Lambert Agency covers all of your locations with one policy, saving you money and paperwork. Better yet, your liability limits apply separately at each if your locations.