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Oil Change Shop Insurance: Cost & Quotes From $25/mo

Table of contents
1. General Liability Insurance for Oil Change Shops1.1. Specific Situations Where This Insurance Can Help1.2. Add-Ons to General Liability Insurance for Oil Change Shops2. Professional Liability Insurance for Oil Change Shops2.1. Specific Situations Where This Insurance Can Help2.2. Is Professional Liability Insurance Necessary for Oil Change Shops?3. Media Liability Insurance for Oil Change Shops3.1. Specific Situations Where This Insurance Can Help3.2. Add-Ons to Media Liability Insurance for Oil Change Shops3.3. Is Media Liability Insurance Necessary for Oil Change Shops That Don’t Heavily Engage in Advertising or Social Media?4. Commercial Property Insurance for Oil Change Shops4.1. Specific Situations Where This Insurance Can Help4.2. Add-Ons to Commercial Property Insurance for Oil Change Shops5. Business Owner's Policy for Oil Change Shops5.1. Specific Situations Where This Insurance Can Help5.2. Add-Ons to Business Owner's Policy for Oil Change Shops5.3. Can I Customize My Oil Change Shop’s Coverage in a Business Owner’s Policy?6. Commercial Auto Insurance for Oil Change Shops6.1. Specific Situations Where This Insurance Can Help6.2. Add-Ons to Commercial Auto Insurance for Oil Change Shops6.3. What Types of Vehicles Can Be Covered Under Commercial Auto Insurance for My Oil Change Shop?7. Workers' Compensation Insurance for Oil Change Shops7.1. Specific Situations Where This Insurance Can Help7.2. Add-Ons to Workers' Compensation Insurance for Oil Change Shops8. Excess Liability Insurance for Oil Change Shops8.1. Coverage Limits of Excess Liability Insurance for Oil Change Shops8.2. Specific Situations Where This Insurance Can Help Include8.3. Add-Ons to Excess Liability Insurance for Oil Change Shops9. Oil Change Shop Insurance Cost10. Best Oil Change Shop Insurance Companies10.1. NEXT 10.1.1. Pros 10.1.2. Cons 10.2. CoverWallet 10.2.1. Pros10.2.2. Cons10.3. The Hartford 10.3.1. Pros10.3.2. Cons10.4. Tivly 10.4.1. Pros 10.4.2. Cons10.5. Thimble 10.5.1. Pros 10.5.2. Cons10.6. Hiscox 10.6.1. Pros10.6.2. Cons 

Vehicles, such as cargo vans or shuttle buses, need frequent oil changes. Periodic engine lubrication ensures that commercial vehicles are at their optimum performance. It also reduces the wear and tear, reducing maintenance costs.

Protecting from potential risks and liabilities is important when operating an existing business or starting an oil change shop. That's where oil change shop insurance comes in. This can help if you work with a moving company and it files a lawsuit because your oil change service is lackluster. You can also leverage your policy to cover the store's destruction and inventory inside.

General Liability Insurance for Oil Change Shops


CoverWallet NEXT (Best)ThimbleHiscoxThe Hartford
Per occurrence limit $1,000,000$1,000,000$1,000,000/$2,000,000$2,000,000$1,000,000/$2,000,000
Aggregate limit $2,000,000$2,000,000$1,000,000/$2,000,000$2,000,000$1,000,000/$2,000,000
Products and completed operations aggregate limit $2,000,000

$1,000,000$2,000,000$1,000,000$1,000,000
Advertising injury coverage aggregate limit $1,000,000$1,000,000$2,000,000$1,000,000$1,000,000
Tenant’s legal liability coverage limit $300,000/$1,000,000
$300,000$100,000$100,000$1,000,000
Waiver of subrogation included?YesNoIncludedCan be includedNo
Hired/non-owned auto liability coverage included?YesNoNoCan be includedCan be included
Equipment breakdown floater included?No YesYesCan be includedCan be included
Can you get a certificate of insurance online?YesYesYesYesYes
Name additional insureds?YesYes
YesYesYes
Deductible$0$0$0$0$0


General liability insurance covers potential accidents and incidents during business operations. It offers financial protection against third-party bodily injury, property damage, and advertising or personal injury claims. Coverage limits of this stationary and mobile oil change business insurance typically range from $1 million to $5 million.


Specific Situations Where This Insurance Can Help

  • Property damage–If you accidentally damage a customer's vehicle or other property during the oil change process, this insurance can help cover the repair or replacement costs

  • Advertising injuries–If your oil change shop's advertising inadvertently infringes on someone's copyright or causes reputational harm, general liability insurance can cover the resulting claims

  • Product liability–If a customer experiences damage or injury due to a defective product used during the oil change, general liability insurance can help cover potential liability costs


Add-Ons to General Liability Insurance for Oil Change Shops

  • Cyber liability coverage–Protects against data breaches, cyberattacks, and resulting liabilities, especially if your shop stores customer information electronically

  • Business interruption coverage–Offers financial protection for lost income and ongoing expenses if your oil change shop needs to close temporarily due to a covered event, such as a fire or natural disaster

  • Hired and non-owned auto coverage–Provides liability coverage for accidents caused by employees using personal vehicles for business purposes


Professional Liability Insurance for Oil Change Shops


CoverWallet NEXTThimble (Best)HiscoxThe Hartford
Per occurrence limit $1,000,000$1,000,000$1,000,000/$2,000,000$1,000,000$1,000,000
Aggregate limit $2,000,000$2,000,000$1,000,000/$2,000,000$1,000,000$2,000,000
Name additional insureds?YesYesYesYesYes
Waiver of subrogation included?YesNoYesCan be includedNo
HIPAA coverage included?NoNoNoNoNo
Sexual misconduct coverage included?NoNoNoNoCan be included
License defense coverage included?NoNoNoNoCan be included
Deductible $500$500$500$50/$10,000$500


Professional liability insurance, or errors and omissions insurance, covers claims resulting from professional negligence or mistakes while providing oil change services. Coverage limits typically range from $500,000 to $2 million.


Specific Situations Where This Insurance Can Help

  • Faulty oil change service–Professional liability insurance can cover the resulting costs if a customer experiences engine damage or other issues due to an error made during the oil change process

  • Failure to meet industry standards–If your oil change shop fails to adhere to industry best practices and a customer suffers damages, this insurance can cover potential claims


Is Professional Liability Insurance Necessary for Oil Change Shops?

While not legally required in all jurisdictions, professional liability insurance is essential for oil change shops to protect against claims arising from errors, negligence, or professional mistakes. It helps safeguard your business's reputation and financial stability.


Media Liability Insurance for Oil Change Shops

Media liability insurance covers claims related to defamation, libel, slander, copyright infringement, or other media-related risks. It is especially relevant if your oil change shop engages in advertising, marketing, or social media activities. Coverage limits typically range from $1 million to $5 million.


Specific Situations Where This Insurance Can Help

  • Defamation claims–If your oil change shop is accused of making false statements that harm someone's reputation, media liability insurance can cover legal defense costs and potential damages

  • Copyright infringement–If your shop inadvertently uses copyrighted materials without proper authorization in advertising or marketing campaigns, this insurance can help cover resulting claims

  • Social media liability–If your shop's social media posts or comments lead to reputational harm, privacy violations, or other legal issues, media liability insurance can provide coverage


Add-Ons to Media Liability Insurance for Oil Change Shops

  • Crisis management coverage–Provides coverage for public relations and crisis management expenses in a media-related incident or reputational crisis

  • Social media errors and omissions coverage–Protects against claims arising from mistakes, errors, or omissions made in your shop's social media postings or interactions


Is Media Liability Insurance Necessary for Oil Change Shops That Don’t Heavily Engage in Advertising or Social Media?

While the level of engagement may vary, any form of media presence, including advertising or social media activities, carries potential risks. Media liability insurance provides essential coverage for unforeseen liabilities arising from media-related incidents, regardless of the extent of engagement.

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Commercial Property Insurance for Oil Change Shops


CoverWalletNEXT (Best)ThimbleHiscoxThe Hartford
Building coverage limit (minimum)$50,000$260,000$25,000/$500,000$25,000$60,000
Contents coverage limit (minimum)$50,000$22,000$25,000/$500,000$25,000$60,000
Outdoor signsExcluded$2,500ExcludedExcludedExcluded
Accounts receivable ExcludedExcluded$5,000/10,000IncludedExcluded
Money and securitiesExcluded$2,500$1,000IncludedExcluded
Lock and keys Excluded$2,500ExcludedExcludedExcluded
Business interruption floaterExcludedIncludedIncludedIncludedExcluded
Equipment breakdown floaterExcludedIncludedExcludedExcludedExcluded
Inland marine insurance floaterExcludedExcluded$10,000ExcludedExcluded
Employee dishonesty floaterExcluded$5,000$2,500IncludedExcluded


Commercial property insurance protects the physical assets of your oil change shop, including the building, equipment, tools, and inventory, against risks such as fire, theft, vandalism, and natural disasters. Coverage limits vary based on the value of your property and assets.


Specific Situations Where This Insurance Can Help

  • Fire damage–If a fire breaks out in your oil change shop, damaging or destroying your property and equipment, commercial property insurance can help cover the repair or replacement costs

  • Natural disasters–In a natural disaster like a storm, earthquake, or flood, commercial property insurance can help cover the costs of repairing or rebuilding your shop


Add-Ons to Commercial Property Insurance for Oil Change Shops

  • Equipment breakdown coverage–Offers coverage for the repair or replacement costs of essential equipment used in your oil change shop in case of a mechanical or electrical breakdown

  • Business income coverage–Provides coverage for lost income and ongoing expenses if your oil change shop cannot operate due to a covered event, helping to mitigate the financial impact during the downtime


Business Owner's Policy for Oil Change Shops


CoverWalletNEXT (Best)ThimbleHiscoxThe Hartford
Building coverage limit (minimum)$50,000$260,000$25,000/$500,000$25,000$60,000
Contents coverage limit (minimum)$50,000$22,000$25,000/$500,000$25,000$60,000
Outdoor signsExcluded$2,500ExcludedExcludedExcluded
Accounts receivable ExcludedExcluded$5,000/10,000IncludedExcluded
Money and securitiesExcluded$2,500$1,000IncludedExcluded


A business owner’s policy (BOP) is a comprehensive package combining general liability and commercial property insurance into a single policy, offering broad coverage for oil change shops. The coverage limits for a BOP can vary depending on the specific needs of your business.


Specific Situations Where This Insurance Can Help

  • If your oil change shop experiences property damage or loss due to fire, theft, vandalism, or other covered events, a BOP can help cover the repair or replacement costs

  • In the event of bodily injury or property damage claims from customers or third parties, a BOP provides coverage for medical expenses, legal defense costs, and potential settlements

  • If your oil change shop faces claims of advertising or personal injury, such as libel, slander, or copyright infringement, a BOP can offer coverage for associated legal costs


Add-Ons to Business Owner's Policy for Oil Change Shops

  • Employment practices liability insurance (EPLI)–Protects against claims related to wrongful termination, discrimination, harassment, or other employment-related issues

  • Data breach coverage–Provides coverage for the costs associated with a data breach, including notification expenses, credit monitoring, and potential legal liabilities


Can I Customize My Oil Change Shop’s Coverage in a Business Owner’s Policy?

Business owners' policies can often be customized to suit the unique needs of your oil change shop. You can add or modify coverages based on your business's risks, ensuring adequate protection.


A man pouring oil into the engine


Commercial Auto Insurance for Oil Change Shops

Commercial auto insurance covers vehicles used in your oil change business, including service vans, mobile units, or any vehicles used to transport equipment or employees. The limits are typically defined as a split liability limit, such as $100,000/$300,000/$50,000. This means the policy covers up to $100,000 per person injured in an accident, $300,000 for all injured persons, and $50,000 for property damage.


Specific Situations Where This Insurance Can Help

  • Accidents and collisions–If your business vehicle is involved in an accident or collision, commercial auto insurance can cover the cost of vehicle repairs or replacement and medical expenses for injuries

  • Bodily injury claims–If someone is injured in an accident involving your business vehicle, commercial auto insurance can provide coverage for medical expenses, legal defense costs, and potential settlements

  • Uninsured or underinsured motorists–Commercial auto insurance can also offer protection against accidents caused by uninsured or underinsured drivers


Add-Ons to Commercial Auto Insurance for Oil Change Shops

  • Roadside assistance coverage–Provides towing, lockout assistance, and fuel delivery for your business vehicles

  • Rental reimbursement–Covers renting a replacement vehicle if your business vehicle is temporarily out of service due to a covered event


What Types of Vehicles Can Be Covered Under Commercial Auto Insurance for My Oil Change Shop?

The insurance can cover a range of vehicles used in your oil change shop's operations. This may include service vans, mobile oil change trucks, delivery vehicles, and other vehicles primarily used for business purposes. Discussing your vehicle type and usage with the oil change shop insurance provider is important to ensure appropriate coverage.


Workers' Compensation Insurance for Oil Change Shops

This insurance is essential for oil change shops with employees. It covers medical expenses, lost wages, and rehabilitation costs if an employee is injured or ill while performing job-related duties. Coverage limits and requirements vary by state.


Specific Situations Where This Insurance Can Help

  • Workplace injuries–If an employee slips, falls, or suffers any other type of injury while working at your oil change shop, workers' compensation insurance can cover their medical expenses and provide wage replacement during their recovery

  • Occupational illnesses–If an employee develops an illness or disease due to exposure to hazardous chemicals, fumes, or other workplace conditions, workers' compensation insurance can cover medical expenses and provide disability benefits

  • Lost wages and disability–If an employee cannot work due to a work-related injury or illness, workers' compensation insurance can provide partial wage replacement or disability benefits to help mitigate the financial impact


Add-Ons to Workers' Compensation Insurance for Oil Change Shops

  • Return-to-work program–Provides assistance and resources to facilitate the return of injured employees to work, including job modifications, rehabilitation, and vocational training if necessary

  • Employee assistance program–Offers counseling and support services for employees dealing with work-related stress, mental health issues, or substance abuse problems


Excess Liability Insurance for Oil Change Shops

Excess liability insurance provides an extra layer of coverage beyond the limits of your primary liability policies, such as general liability, professional liability, or commercial auto insurance. It helps protect your oil change shop from substantial claims and lawsuits exceeding your underlying policies' coverage limits.


Coverage Limits of Excess Liability Insurance for Oil Change Shops

Coverage limits for excess liability insurance can start at $1 million and go up to $10 million or more, depending on your business's needs.


Specific Situations Where This Insurance Can Help Include

  • Catastrophic accidents–If your oil change shop is involved in a severe accident resulting in significant property damage, injuries, or multiple affected parties, excess liability insurance can provide coverage for the costs that exceed the limits of your primary policies

  • Large-scale lawsuits–In the event of a lawsuit against your business that results in substantial damages, excess liability insurance can cover the additional costs beyond the coverage provided by your underlying policies

  • Higher liability risks–If your oil change shop faces increased liability risks due to the nature of your services or other factors, excess liability insurance can provide additional peace of mind and financial protection


Add-Ons to Excess Liability Insurance for Oil Change Shops

  • Employer's liability coverage–Extends liability coverage for claims arising from employee-related incidents, such as work-related injuries or discrimination lawsuits

  • Product liability coverage–Offers coverage for liabilities arising from defects or malfunctions in the products or parts used in your oil change shop

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Oil Change Shop Insurance Cost


Cost per MonthCost per YearDeductible
General liability insurance$31$372$0-$500
Professional liability insurance$42$504$1,000-$2,000
Commercial property insurance$49$588$1,000-$2,000
Business owner’s policy$75$900$1,500
Commercial auto insurance$53$636$500-$1,000
Workers compensation insurance$97$1,164$2,000-$5,000


The average oil change shop insurance cost is $31 per month or $372 per year for a $1 million general liability policy. Factors that affect premiums are claims history, business history, policy limits, deductibles, and number of employees. Here’s a table showing the cost of a $1 million general liability insurance from the best companies:

  • Size and revenue of your shop–The larger your oil change shop and its revenue, the higher the insurance premiums will likely be. Insurance providers often consider the size of your business and its financial stability when assessing risk

  • Location–The location of your oil change shop can impact insurance costs. Crime rates, natural disaster risks, and local insurance market conditions can influence premiums. For example, if your shop is in an area prone to theft or vandalism, it may result in higher insurance costs

  • Coverage limits–The coverage limits you choose for your oil change shop insurance policies will affect the cost. Higher coverage limits provide increased protection but typically come with higher premiums. It's important to assess your business's needs and balance coverage and affordability


In connection, here’s a table showing the cost of a $1 million general liability insurance from the best oil change shop insurance companies:

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Best Oil Change Shop Insurance Companies

Here are the best change oil change shop insurance companies. Read some of the reviews below to know their pros, cons, and average rate for a $1 million general liability policy:


NEXT

Pros 

  • Best overall

  • Issues an online proof of insurance instantly

  • Fastest general liability insurance

  • Great customer service and reputation

  • Excellent rates

  • Outstanding value for money

  • Get a 10% discount if you buy two or more policies 

Cons 

  • Couldn’t find any 

NEXT is a relatively new insurance company that was founded in 2015 to provide specialized insurance solutions for businesses in various industries. The company recognized the specific needs of oil change shops and developed tailored coverage options to address their unique risks. 

Best for: Best overall; Fastest general liability insurance for oil change shops

Average cost: $25 per month

Our rating: 10/10


CoverWallet

Pros

  • Wide range of insurance products is offered, allowing businesses to consolidate their coverage needs

  • User-friendly online platform for managing policies, making changes, and accessing documents

  • Real-time quoting system for quick and convenient insurance comparisons

Cons

  • Some users have reported occasional challenges with customer service and policy management

CoverWallet was founded in 2015 to revolutionize the insurance industry by leveraging technology to simplify the insurance process for small businesses. This company is not a carrier but an insurance broker. It works with The Hartford, Progressive, Chubb, and other reputable insurance companies to deliver the policies you need. 

Best for: Comparing oil change shop insurance quotes online

Average cost: $27 per month 

Our rating: 10/10


The Hartford

Pros

  • Extensive experience and specialization in commercial insurance for small businesses.

  • Customizable coverage options to meet the unique needs of oil change shops.

  • Claims handling expertise to ensure efficient resolution of issues.

Cons

  • The cost of insurance with Hartford can be higher than other providers.

The Hartford has a long and storied history that dates back to 1810. Originally established as a fire insurance company, Hartford has since evolved into a leading provider of insurance and financial services.

Best for: Customized coverage and industry expertise

Average cost: $29 per month

Our rating: 10/10


Tivly

Pros 

  • Tailored insurance policies specifically designed for oil change shops

  • Transparent pricing and average cost information are available for easy comparison

  • Dedicated customer service team with industry knowledge to address specific concerns

Cons

  • Tivly's on-demand coverage may only suit some business structures or long-term insurance needs

Tivly is a relatively new entrant in the insurance market, having been founded in 2009. The company was established to provide specialized insurance coverage for small businesses, with a particular focus on automotive-related industries such as oil change shops. Call now to compare quotes over the phone. 

Best for: Comparing oil change shop insurance quotes over the phone

Average cost: $30 per month

Our rating: 9/10


Thimble

Pros 

  • On-demand insurance coverage allows oil change shops to obtain coverage only when needed

  • Flexibility in policy duration, with options ranging from hourly to monthly

  • Affordable pricing, particularly for short-term coverage needs

Cons

  • Thimble's short-term coverage may not suit businesses requiring long-term or ongoing insurance solutions

Thimble was founded in 2016 to transform the insurance industry by offering flexible, on-demand coverage. The company recognized that many small businesses, including oil change shops, may not require traditional long-term policies and instead need coverage for specific periods or projects. 

Best for: Flexible and short-term coverage

Average cost: $34 per month

Our rating: 9/10


Hiscox

Pros

  • Comprehensive coverage options to protect against a wide range of risks

  • Strong financial stability and reputable claims handling

  • Online quote and policy management tools for convenience and efficienc.

Cons 

  • Some customers have reported challenges with the claims process and occasional discrepancies in policy details

Hiscox has a rich history that spans over a century. The company was founded in 1901 and has since become a leading specialist insurer, serving small businesses globally. You can purchase general liability, commercial property, BOP, and workers compensation insurance from this company. Other policies are available but might be offered through partners. 

Best for: Specialized coverage and customization options

Average cost: $36 per month

Our rating: 9/10


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