Locksmith Business Insurance Coverage Checklist
The coverages a locksmith business business may carry — core, prevalent, and situational — why each matters, and the gap most often missed.
Pull out your current policy and check the box next to any coverage you can confirm is already in place — anything unchecked is worth a quick conversation with your advisor. Coverage checklist for mobile and storefront locksmiths, including automotive, safe, and access control work. Priorities reflect typical exposure for this class; confirm against the services performed.
Tick each coverage you can confirm you carry — anything left unticked is a good question for your next policy review.
| Have it? | Coverage | Why this business needs it | Priority |
|---|---|---|---|
| Commercial General Liability (incl. Completed Ops) | Covers damage and injury from work, including locks or hardware that fail after the job. | Core | |
| Professional Liability / Errors & Omissions | Covers claims that the locksmith let the wrong person in, or that advice or installation led to a loss. | Prevalent | |
| Commercial Auto | Covers service vans, which carry key machines, codes, and tools. | Core | |
| Inland Marine / Tools & Equipment | Covers key machines, code equipment, and inventory in vans and at job sites. | Prevalent | |
| Bailee's Customer Coverage | Covers customers' safes, locks, and keys in your care. | Situational | |
| Crime / Employee Dishonesty Bond | Covers theft by technicians at customers' homes or businesses; many customers ask for bonding. | Prevalent | |
| Cyber Liability | Covers customer key codes and records stored electronically. | Situational | |
| Workers' Compensation | Required in most states with employees; safe moving and ladder work drive injuries. | Situational |
The coverage gap most often missed
The most commonly missed gap for this class is coverage for letting the wrong person in. Opening a home, car, or safe for someone who isn't entitled to it — a burglar, an estranged partner, a tenant in a dispute — can lead to theft or violence claims that some general liability policies don't clearly cover. A written identity-verification policy, records of every opening, and professional liability coverage close most of that gap. Commercial work adds life-safety exposure: exit-door hardware and access control must meet fire and building codes.
Send us the checklist and we'll review your locksmith business coverage line by line, then market it across multiple carriers that compete for your account.
Related: Locksmith Business Insurance · Locksmith Business Supplemental (apply) · All coverage checklists
Frequently asked questions
What insurance does a locksmith business business need?
The core coverages for a locksmith business business are Commercial General Liability (incl. Completed Ops), Commercial Auto. This checklist also lists the prevalent and situational coverages worth considering, with a plain-English note on why each matters.
Is this checklist insurance advice?
No. It is a free educational tool to help you have a more informed conversation with a licensed professional. It affords no coverage and is not insurance, legal, or financial advice — only your actual policy language governs what is and isn't covered.
Can Cory Washington & Co. review my locksmith business coverage?
Yes. Share your checklist and we'll review your program line by line, market your account across multiple carriers, and explain the trade-offs in plain English. Cory Washington & Co. LLC is licensed in all 50 states.
This checklist is a free educational tool from Cory Washington & Co. to help you review your own coverage and have a more informed conversation with a licensed insurance professional. It is general information only — not insurance, legal, or financial advice, and not a recommendation to buy, change, or cancel any policy. Coverage terms, availability, limits, and requirements vary by policy, carrier, and state, and only the language in your actual policy governs what is and isn’t covered. Checking or leaving blank any item above does not indicate that you are adequately insured or under-insured. Using this checklist does not create a client, agency, or fiduciary relationship. Always consult a licensed professional about your specific situation.