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Looking for complete business insurance? Nationwide offers affordable
policies specifically designed for your auto parts and supply business.
Let’s Talk About Protecting Your Auto Parts Business
Listed below are some of the more common worries and concerns shared by auto parts and supply businesses, along with some ways Nationwide can help. When you’re ready to speak to a Nationwide agent, you can find one using our Professional Locator.
For more information about business insurance, be sure to check out our Insurance Glossary and Common Questions.
| Your Worries | The Solutions | |
|---|---|---|
| What you think about | How you can help yourself | How Nationwide can help |
| What if an employee incorrectly installed a windshield wiper for a customer that resulted in a damaged windshield? |
Make sure employees who install parts or perform diagnostics are correctly trained in the work. Institute weekly training for employees | |
| What can I do to prevent fire damage? |
Review Nationwide’s Auto Parts and Supply Safety Checklist Install a central station fire alarm system Install an overhead sprinkler system Place portable fire extinguishers in strategic locations | Business Interruption Insurance Business Property coverage |
| My computer system is very important – it contains my parts inventory database, customer records, and more. How can I protect it? | Perform a daily back-up of your data to at least one separate drive, and store a back-up of your data off site in the event your computer system is damaged or destroyed | Equipment Breakdown Coverage Computer Coverage Valuable Papers and Records Coverage |
| I worry about selling parts that could be defective. What can I do to minimize my risk? |
Review Nationwide’s Auto Parts and Supply Safety Checklist
Buy parts and other products from reputable OEMs and
distributors |
Products and Completed Operations Liability Coverage Business Umbrella Coverage |
| One of my employees might be stealing cash or products from me. What can I do? |
Carefully screen potential employees Install a closed circuit video monitoring system Develop better cash handling systems Utilize our discounted background checks program | Employee Dishonesty Coverage |
| Customers are in and out of my store all day, rain or shine. I do worry about slips and falls – especially with so many products on display. |
Review Nationwide’s Auto Parts and Supply Safety Checklist Post signs asking customers to seek assistance with bulky, heavy, or potentially dangerous items Install water-absorbing floor mats at all doors Review Nationwide’s Avoiding Slips, Trips and Falls Safety Bulletin | General Liability Coverage Business Umbrella Coverage Employee Dishonesty Coverage |
| I have employees who deliver parts to repair shops and drive for other errands. Sometime they use my vehicle, other times they use their own. Is this OK? |
Review Auto Parts and Supply Safety Checklist Work with your agent to obtain frequent driving record checks of employees. Review Nationwide’s Driver Distraction Safety Bulletin Review Nationwide’s Business and Personal Auto Use Safety Bulletin | Business
Automobile Insurance Non-Owned Automobile Liability Coverage |
| What if a power surge or interruption of electrical service outside my business causes damage to my equipment, HVAC system or computer network? |
Utilize surge protection devices to protect your electrical equipment
If electrical power interruptions are frequent, invest in a
back-up generator |
Utility Services Coverage - Including Business Income Equipment Breakdown Coverage |
| One of my employees hurt his back while lifting a heavy box of parts. What can I do to protect my employees from injury and my business from expensive medical claims? |
Review Nationwide’s Auto Parts and Supply Safety Checklist Train employees how to properly lift heavy objects Review Nationwide’s Safe Lifting Guidelines Safety Bulletin Review Nationwide’s Establishing a Safety Program Bulletin | Worker’s Compensation Coverage |
| I have a number of employees and want to avoid any issues with discrimination, harassment or wrongful termination. |
Outline policies and procedures regarding discrimination and
harassment in your employee handbook Review Nationwide’s Hiring Practices/Employee Selection Safety Bulletin | Employment Related Practices Liability Coverage |
| My outdoor sign is very important for advertising my business. What if something were to happen to the sign? |
Have a regular maintenance program in place for your outdoor
property. Make sure you purchase a sign that can withstand the elements in your area. | Outdoor Sign Coverage |
| I'm located in a large strip shopping center and a lot of my business depends on foot traffic for a large anchor store. What if that store suffers fire damage and is closed while repairs are done? | Develop an ongoing advertising campaign to increase awareness and increase destination traffic to your door. | Dependent Properties - Business Income Coverage |
| I have an area where customers can dispose of used motor oil. Should I be worried about any spills or contamination of the surrounding area? | Make sure you follow all safety procedures when handling and disposing of chemicals and contaminants | Nationwide offers a limited amount of Pollutant Clean- Up Coverage if caused by a covered loss, such as a fire. We can help you secure the necessary pollution coverage. |
| What if my business is broken into after hours, and expensive equipment, such as car alarms, stereos and radar detectors, are stolen in addition to the cash register being cleaned out? |
Install a monitored burglar alarm system Install a time lock safe, and make frequent bank deposits to limit the amount of money on hand after hours Review Nationwide’s Crime Prevention Tips Safety Bulletin |
Money and Securities Coverage Property Coverage Crime Insurance |
Product, coverage, discounts, insurance terms, definitions, and other descriptions are intended for informational purposes only and do not in any way replace or modify the definitions and information contained in your individual insurance contracts, policies, and/or declaration pages from Nationwide-affiliated underwriting companies, which are controlling. Such products, coverages, terms, and discounts may vary by state and exclusions may apply.
