Mobile Oil Change Business and General Liability Insurance Considered

Not long ago, I got an email from a gentleman wishing to set up a mobile oil change business in Florida. He was concerned about what sort of insurance he might need and was under the impression that a 1 million dollar commercial liability policy was needed up and beyond his work truck vehicle commercial auto policy. Okay so, let’s talk about this; is he correct?

It turns out that he most definitely is, you see commercial auto is not the same as completed operations or the potential liability while working. For instance, if a car catches on fire that you are working on, your commercial auto policy isn’t going to cover it. Do you see that point? So, this is the advice I explained to him;

You will need most likely want to get a commercial insurance policy; $1 million aggregate, 300K per occurrence general liability, with a “garage keeper’s liability” notation, and there will be some customer who may demand more, and also demand to be additionally insured, not just a certificate of insurance on file.

Commercial Auto Insurance is another need, but most commercial business policies will write them together as one. Find a good “commercial insurance broker” and have them scout out their sources, usually the broker-agent knows the underwriters very well (as in speed-dial) and can get you a good rate and the underwriter will understand the difference between mobile and fixed costs. Generally the commercial liability insurance is partly based on your estimated gross income.

Don’t over estimate or you will pay too much, and don’t underestimate or you may get audited by the insurance company or they might simple decide you are not a viable risk. Believe it or not most commercial insurance policies do have a clause in their insurance contracts that they may audit you and by signing the policy you pre-agree to those audits. Thus, it’s unwise to falsify information or underestimate. If you find that you may have underestimated you need to call your agent-broker and explain that, sometimes they will add to the premium, sometimes up the next year’s estimates for gross sales.

Now then, Florida is a great market for mobile oil changes, however, let’s not forget there is some competition there, some long-standing 25+ years in fact and so, insurance is only one aspect or piece of information which one needs to consider before starting a business of this type. Please consider all this and think on it, and develop a strong business plan.

Technology to Aid in the Better Management of Your Auto Repair Business

Over the years, the auto repair industry has gone through a series of changes. The industry is flourishing at a fast pace as the number of vehicles on the roads is increasing day by day. The industry has largely benefited from this. Auto repair has become a very wise investment option as it gives a good platform for the aspiring entrepreneurs. However, the latest technologies prevalent in the market must be made use of for running the business successfully. Auto repair software is one such technological tool which can be used by the companies to manage their business in a better and efficient manner.

The auto repair service management software is capable of carrying out all the essential auto shop functions. This includes Accounting Integration, Quality Management, CRM Integration, Custom User Interface, Custom Pricing Options, Category Specific Customization, Custom Search Field, Collaborative Inventory Management, Barcode Scanning, Customizable Functionality, Supplier Management, Purchase Orders, Replenishment Orders Reporting, Inventory Locator, Mobile Access, Stock Inquiries Transfer Management, Customizable Fields, Vendor Managed Inventory, Warehouse Management, invoice of operations, repair orders, tracking sales and vehicle services. This software is operational on platforms like open source, Linux/Unix, windows and Mac.

This system also provides a number of computerized jobs including preparing service schedules for standard repairs, insurance claims management, cost tracking, customized functionality and reporting, maintenance scheduling, receivable tracking, accounting integration, customer user interface, parts sales and parts pricing, contact management. The working of the software is done by the optimization of the applications. The software makes your work more convenient by helping in various other tasks like scheduling of customer appointments, tracking of repair work completed and making service history estimates and quotes. Moreover the usage of the software reduces inventory requirements and costs and computerize your warehouse and remove inventory problems. Furthermore, more orders can be delivered with a considerably less amount of laborers. The reporting options in the software also enhances the operations and disseminate the important data through multiple shop locations. The customer database and customer invoice history will be easier to access as the search options are very specific and encompass a lot of categories.

Though many softwares are available online, they are not spam free. So your systems must be well protected before installing them. Purchasing them will be the best option as they are available at reasonable rates. The usage of the auto repair management software will definitely synchronize your business and increase the business prospects.