Automotive Industry

In the fast-evolving automotive industry, securing your business against unforeseen risks is not just a necessity—it’s a strategic move towards ensuring long-term success and resilience. Businesses within this industry face unique challenges, including liability for accidents, property damage, and environmental regulations, to name a few. This is where The Millward Agency steps in as your trusted partner, offering comprehensive insurance solutions tailored to meet the specific needs of the automotive sector.

Why Choose The Millward Agency?

Choosing The Millward Agency means opting for unwavering confidence in your insurance provider. Our accolades and recognitions speak volumes about our commitment to excellence. Our bespoke insurance solutions for the automotive industry are designed to underwrite your success, with a proven track record of serving businesses like yours with integrity, innovation, and a keen understanding of industry-specific risks.

Nationwide Presence

We are proud to offer nationwide coverage while retaining a personal touch that resonates with local communities. Our understanding of diverse regional needs ensures that our clients receive service that feels both global and neighborly.

75+ Years of Expertise

We carry a legacy of over seven decades in the insurance industry. Our enduring commitment to excellence is rooted in a deep understanding of insurance’s evolving landscape, shaped by years of experience and client-focused service.

Integrity in Every Policy

Our philosophy is simple: if we wouldn’t buy it ourselves, we won’t sell it. This ethos ensures every policy we offer is built on a foundation of trust and reliability, reflecting our commitment to honest and transparent insurance solutions.

Class of Business

Automotive insurance is not just a financial product; it’s a fundamental necessity for anyone who owns or
operates a vehicle. It serves as a critical safeguard, protecting individuals, families, and society at large from
the unpredictable risks and potential damages associated with driving.

First and foremost, automotive insurance provides essential financial protection. In the unfortunate event of an
accident, whether minor or catastrophic, the costs can quickly spiral out of control. From vehicle repairs to
medical bills and legal expenses, the financial repercussions can be overwhelming. Without insurance,
individuals may find themselves burdened with significant debts or liabilities that could jeopardize their financial
stability and future well-being.

Icon Car Dealerships:
These businesses sell new and used vehicles directly to consumers. They may specialize in certain brands or types of vehicles.
IconAuto Repair Shops:
These businesses provide repair and maintenance services for vehicles, including mechanical repairs, bodywork, painting, and detailing.
IconAuto Parts Stores:
Stores that sell replacement parts, accessories, and components for vehicles. They may operate online, in physical locations, or both.
IconAuto Body Shops:
Specialize in repairing vehicle bodies after accidents or damages, including dent removal, painting, and frame straightening.
IconTire Shops:
Retailers that sell tires for various vehicles, offering installation, rotation, and balancing services.
Icon Vehicle Customization Shops:
Specialize in modifying vehicles to suit individual preferences, including performance upgrades, body kits, and audio system installations.
Icon Auto Detailing Services:
Businesses that specialize in cleaning and restoring vehicles, including interior and exterior detailing, waxing, and polishing.
Icon Car Rental Companies:
Businesses that rent vehicles to individuals or businesses for short-term use, often found at airports and urban locations.
Icon Auto Glass Repair/Replacement:
Specialize in repairing or replacing automotive glass, including windshields, windows, and mirrors.
Icon Salvage/Junk Yards:
Auto yards purchase vehicles that are damaged, old, or no longer in use. They salvage usable parts and materials from these vehicles for resale.
Icon Gas Stations:
Gas stations sell various types of fuel, including gasoline, diesel, and sometimes alternative fuels like ethanol or compressed natural gas (CNG). Customers can fill up their vehicles’ tanks at the fuel pumps.
Icon Vehicle Rental Platforms:
Online platforms that facilitate peer-to-peer vehicle rentals, allowing individuals to rent out their own vehicles to others.
Icon Towing:
Towing companies offer roadside assistance services such as jump-starts, tire changes, and lockout assistance for vehicles that have broken down or experienced minor issues.
Icon Auto Upholstery Shops:
Provide repair, replacement, and customization services for vehicle interiors, including seats, carpets, and headliners.
Icon Auto Auctions:
Platforms for buying and selling used vehicles, often used by dealerships, rental companies, and individuals.
Icon Car Washes:
Businesses that provide automated or hand-wash services for vehicles, often offering additional services such as waxing and interior cleaning.
IconAdult Education Centers:
Offer continuing education, adult literacy programs, English language classes, workforce training, and other educational services tailored to adult learners’ needs and goals.
Icon Fleet Management Companies:
Businesses that manage vehicle fleets for other companies, including maintenance, scheduling, and logistics.

Common Policies Needed

The automotive industry offers various types of insurance policies tailored to the diverse needs of drivers,
vehicle owners, and businesses.

These are just a few of the common types of insurance policies available in the automotive industry. The
specific coverage needs may vary depending on factors such as the type of vehicle, usage, state regulations,
and individual preferences.

Some common types of insurance policies in the automotive sector include:

Garage Liability Insurance

This coverage protects auto repair businesses from liability claims for bodily injury or property damage that may occur on their premises, such as slip-and-fall accidents or damage to customers’ vehicles while in the shop’s care.

Garagekeepers Liability Insurance

Garagekeepers liability insurance covers damage to customers’ vehicles while they are in the custody of the auto repair shop for servicing, repairs, or storage. It provides protection against risks such as fire, theft, vandalism, or collision.

Commercial Property Insurance

Commercial property insurance covers damage to the building, equipment, tools, and inventory owned by the auto repair shop due to perils such as fire, theft, vandalism, or natural disasters.

Business Interruption Insurance

Business interruption insurance compensates auto repair businesses for lost income and extra expenses if they are unable to operate due to a covered peril, such as a fire or natural disaster, that interrupts their business operations.

Equipment Breakdown Insurance

This coverage protects against the financial losses incurred due to the sudden breakdown of essential equipment, such as lifts, compressors, or diagnostic machines, necessary for the auto repair shop’s operations.

Commercial Auto Insurance

If the auto repair shop owns or operates vehicles for business purposes, commercial auto insurance provides coverage for these vehicles, including liability, collision, comprehensive, and uninsured/underinsured motorist coverage.

Workers' Compensation Insurance

Workers’ compensation insurance is typically required for businesses with employees. It provides coverage for medical expenses, lost wages, and disability benefits for employees who are injured or become ill while performing their job duties.

Cyber Liability Insurance

In an increasingly digital world, auto repair shops may be vulnerable to cyber threats, such as data breaches or ransomware attacks. Cyber liability insurance helps cover the costs associated with cyber incidents, including data recovery, notification expenses, and liability claims.

Crime Insurance

Crime insurance protects auto repair businesses from financial losses due to crimes such as theft, burglary, employee dishonesty, or forgery.

General Liability Insurance

General liability insurance provides broad coverage for third-party bodily injury, property damage, and advertising injury claims arising from the auto repair shop’s operations, excluding professional liability claims.

The Millward Agency, Inc. Testimonials

Hear from our clients in the automotive industry who have steered their businesses toward stability and growth with Millward Agency’s insurance solutions. Our case studies demonstrate our commitment to providing unparalleled support and protection, proving that no challenge is too big when you have the right insurance partner.

Kurtis ThorntonKurtis Thornton
18:38 16 Jan 22
Very helpful and nice people, a great place to get your insurance needs taken care of.
Christopher LymanChristopher Lyman
14:48 26 Oct 19
Finally, I don't need to ever look for another insurance agent. The Millward Agency handles my personal and business insurance. Always helpful with my questions and quick to respond to my emergencies. The Millward Agency Rocks!
Markusz SudozMarkusz Sudoz
19:03 19 Jul 19
Every time I go to my broker, Ed Caceres @ the Millward Agency, he always finds me the best insurance rates on my real estate properties. Ed is great, always extremely responsive and understanding of the industry. In the past I would go do my own insurance shopping and spend hours on hours to get the best rate, now I do not even bother shopping around I just call Ed and he always has the best pricing. In the beginning I got a quote from Ed then shopped around, now I have learned to not even waste my time. Ed @ Millward Always saves me hundreds of dollars. 110% on customer service, 100% on pricing!!! A+++
Mobility SolutionsMobility Solutions
19:09 25 Jul 18
Everybody!!!!! is Great to work with when ever I need anything which is almost monthly.Linda
carlene klebecarlene klebe
20:01 22 Jun 18
My former insurance agent and friend recommended Ed Caceres of Millward Agency. Within hours of having given Ed a call, I had quotes and was decided to go with his carrier. He was professional and answered all my questions. I’m happy to have done business with Ed and Millward Agency.
John CourtneyJohn Courtney
16:20 11 Jun 18
Business or Personal this is who you want - Personal service from their Team is amazing, treat as though you are their only client.* Business - Review policy/coverage every year. Not limited to one or two insurance providers. Recommend changes, not necessarily to save money (although it is available) provide additional coverage. Three months later our additional coverage cost $150 on a $15000 claim. For years we were not covered! They are not limited to one or two insurance providers as our previous agent.* Personal - couple of claims were handled like we were their only client. They bundled coverage in such a way to save $2100 a year for a family of four and kids in college.***Will continue to recommend to business colleagues, friends and family***
Karen CarterKaren Carter
16:01 08 Jun 18
Our company has been working with Millward Agency for many years.They have been the best insurance company I have ever worked with.The staff is always very informative and very professional. Our insurance needs which include general, auto and worker's comp are very complex. Millward is able to handle and update all of our needs at any time of the year. I really like the fact they get back to you very quickly! They are very knowledgeable and caring we never think of going elsewhere. We will definitely be customers for years to come. Thank you Millward Agency!
Chad StottChad Stott
17:56 07 Jun 18
Wade and the Millward team have been consistently reliable, prompt, knowledgeable and a pleasure to work with. Wade and his crew have guided us through our ever growing needs and we attribute our success to the partnerships we have forged with organizations like The Millward Agency. We look forward to many more years working together.

Get a Quote

Ready to accelerate your business’s security and success? Contact Millward Agency today for a personalized insurance quote. Our team of experts is here to guide you through the process with ease and confidence, ensuring your business is covered, no matter what lies on the road ahead.