Against a wide variety of risks routinely faced by plumbers and plumbing contractors, plumbing insurance gives protection. Since one small mistake or accident could result in damages that drain a small business’s finances beyond recovery, adequate protection is essential. With InsureWise our trusted provider products and design a plumbing insurance policy specific to your business.
Why Do Plumbing Contractors Need Insurance?
Plumbers and plumbing contractors need an insurance policy to protect your business from potential lawsuits, damage and financial liabilities. The right plumbing insurance coverage can help mitigate common risks that plumbers and plumbing contractors face, such as client injury or property damage as a result of your plumbing work, accusations that you made mistakes or were negligent in completing a job, theft or damage to plumbing tools, getting into a car accident while driving to a job or injury to one of your employees while working on a project.
What Insurance Do Plumbers Need?
General Liability Insurance: In order to protect plumbing contractors against lawsuits and other financial challenges resulting from accidents or mishaps this fundamental business liability coverage is a basic need. For example, because of your negligence, you are being held legally liable for flooding a customer’s kitchen, and the general liability insurance offers help.
Commercial Auto Insurance: Usually, plumber contractors need commercial coverage for their vehicles used to travel to jobsites or transport supplies such as faucets, pipes, and plumbing tools. For vehicles used for work purposes, typical auto policies generally have coverage limitations or exclusions.
Additional Coverages for Plumbers
Business Owner’s Policy (BOP): For your commercial building or personal property, an extension of general liability insurance, which includes this coverage.
Workers’ Compensation: For employees who become ill or injured at work, this covers medical costs and a portion of lost wages.
Plumber & Plumbing Contractor Insurance
There are many other coverages that can help you be well protected. When you need insurance to cover your plumbing contractor business, contact the experts of InsureWise to find the best policy according to your unique needs and budget. Contact the professionals of InsureWise today to get started on tailoring your coverage today.