Whether your locksmith business is a one-person mobile operation or you manage a larger business, the experts at Sadler can help you determine which insurance policies you need to provide complete protection to the locksmith business you work so hard to build and sustain. We offer custom-tailored Locksmith Insurance, including General Liability, Property, Crime, Business Auto, Workman’s Comp, and more.
Locksmiths should have minimal liability exposures on their premises since their work is often at the customers’ location. At a retail store where customers come to the shop for repair services the risks are primarily those involving customers, vendors, and delivery people who can sustain an injury by falling or being involved an accident on site.
Employees need protection from injuries whether on your premises or a client’s. Locksmiths and their employees may be injured while using the tools and equipment necessary for installing and repairing locks. Employees driving their own vehicles for work purposes could be injured in an accident and file claims to cover the cost of their medical care.
A Business Auto policy covers owned, non-owned, and hired autos. Business auto risks are a concern for locksmiths because their work usually requires travel to the businesses or residences of their clients. The wider the radius of operations, the greater the risk of liability
The equipment used by locksmiths makes this policy essential. The fire risks are minimal for locksmiths, but the premises of any business are at risk damage by faulty electrical wiring or plumbing, severe weather, or natural disasters such as an earthquake or tornado.
Any business is vulnerable to a loss resulting from employee embezzlement of bank accounts, cash, or equipment and outsider theft of cash. Employees may steal money or property from their customers or make duplicate keys for themselves with the intent of re-entering and stealing from the location at a later time.