Business Insurance for
The locksmith industry’s growth has slowed down over the last few years. This, combined with the fact that there are more than 15,000 locksmith businesses in the US, means you need to work harder than ever to be competitive. One way to do this is to obtain the proper insurance for your business. This will protect your company and also appeal to customers, so take a look at the types of coverage your business insurance needs.
General Liability For Locksmiths
General liability is one of the most important kinds of business insurance coverage. It can protect your business in case a customer is injured while you perform locksmith services on a home or vehicle. This coverage can also pay for any damages you cause while fixing locks, whether you knock over an expensive item in a customer’s home or scratch the paint on the car as you unlock the door.
Since most of your work takes place in different locations rather than in an office, it’s good to know that general liability covers you anywhere you go. In addition, this part of your locksmith insurance policy can also cover you if another business accuses you of copyright infringement, slander, or libel.