Insurance

Most independent garages insure their buildings and equipment, but fewer fully review their Business Interruption cover. This section is designed to protect your income if a major insured event, such as a fire, stops you trading, yet many policies only include a 12-month indemnity period, which is often not enough. What is Business Interruption Insurance? […]

Running an independent garage today means juggling far more than repairs and customer service. Directors and business owners are also navigating a complex mix of health & safety rules, employment laws, and financial responsibilities. With so many moving parts, Directors’ and Officers’ (D&O) insurance is becoming an essential part of protecting not just the business, […]

Insurance is something most independent garages put in place and rarely revisit. But the strength of any policy depends on accurate underwriting. Without it, you may think you are fully protected, only to discover gaps when you need it most. Underwriting is how insurers assess risk and ensure your policy reflects your business. For independent […]

Modern independent garages are no longer just mechanical workshops. They are increasingly digital operations. From diagnostics and cloud-based booking systems to customer databases and electronic payments, technology has transformed garage work. While this brings efficiency, it also creates new risks. Cybercrime is growing and no longer only targets large corporations. Independent garages face threats such […]

The Independent Garage Association (IGA) has announced the launch of RMI Insurance Services, a new, wholly owned and independent insurance broker dedicated exclusively to the automotive sector. This new service has been designed to provide members with direct access to tailored motor trade insurance, removing the need for third-party brokers and ensuring cover is aligned […]

The Independent Garage Association (IGA) is delighted to announce the launch of RMI Insurance Services, a new independent insurance broker owned by the Retail Motor Industry Federation (RMI). Created exclusively for the automotive sector, RMI Insurance Services gives businesses direct access to insurance designed around their needs, removing the reliance on third-party brokers whose priorities […]

The cost of living is at an all-time high and as a result the IGA’s exclusive insurance partner Allianz is seeing evidence of businesses either reducing their cover, or cutting it completely. BIBA’s 2023 Manifesto states that in the past year, 51% of businesses have stopped buying at least one insurance cover and research from […]