As a plumbing contractor, you should know that plumbing insurance is very important and can protect you from many risks. The smallest mistakes or the biggest accidents that have been done on a job can result in big losses on your finances. Even beyond recovery.
We offer a comparison of plumbing insurance quotes designed just for your business. And know that we’re just a phone call away if you have a question or need to file a claim.
Who Needs Plumbing Insurance?
If you work in the plumbing business you should have adequate plumbing insurance to protect your livelihood. Business types include:
Plumbing Business Owners
Septic Tank Installers
Some laws may vary by state, so make sure you’re well educated with the local rules and regulations where you work.
General liability is very important part of plumbing insurance. Will protect you against lawsuits and financial liabilities that can come from things like accidents or mistakes.
General liability commonly is bundled with a variety of different coverages in a Business Owners Policy. Our agents can check if you are eligible for a bundle and you can save even more.
Protects the establishment of your business and the things you use for doing business, like equipment, hand and power tools, sewer testing systems, pipe-tube benders and more, whether you own or lease them.
Builder’s Risk Insurance
Normally contractors often work at a client’s location, and they are prone to many risks. However, what happens if your equipment, tools, and materials are lost or damaged while on someone else’s property? Does your insurance cover these losses?
Sadly, the standard Property Insurance policy only protects your equipment, materials, and supplies while they’re at your company’s primary location. It will not cover the damages to projects in progress, either.
Luckily, there’s a particular insurance policy, Builder’s Risk Insurance that covers these unique vulnerabilities.
Workers’ compensation insurance
Also known as “workman’s comp” or “workers’ liability insurance. This insurance makes sure your employees’ lost wages and medical bills are paid for in the event of an injury on the job or get a work-related illness. As a small-business owner costs like these might be higher than what you can afford. Workers’ Compensation Insurance will help secure your business to stay running, even in tragic events. In addition, you can pick a policy that will protect you, the owner, if you are injured on the job.
Errors & Omissions Insurance
Also known as “Professional Liability Insurance”. Sometimes no matter how careful you are, or how many times your employees double check everything, an error might slide through the cracks and spark a lawsuit. That’s why it’s so important to secure your plumbing contracting business with Errors and Omissions Insurance, which protects companies like yours from those oh-so-human mistakes. Keep your plumbing business from falling down the rabbit hole of legal defense costs!
What if you want to secure your business with extra protection in the event of a surprisingly expensive lawsuit? For just a few hundred dollars a year, you can add millions of dollars in coverage to your General Liability Insurance, as well as some other kinds of policies you may carry, like Non-Owned Auto Insurance and Employer’s Liability Insurance. This type of coverage is called Umbrella or Excess Liability Insurance, and it’s active when a claim exceeds the limits of your existing insurance policies.
Covers the loss of income when you can’t operate your plumbing business because of property damage or any other reason that incapacitates your business.
Commercial Auto Insurance
As a business, you might need to travel for work, get supplies or go to a business event. Are the vehicles you use for work covered by a Commercial Auto or Hired & Non-Owned Auto Insurance policy? If not, your business is at a risk for the super high costs of accidents like medical expenses, lawsuits, vehicle damage and many more.
Insurance For Plumbing Vehicles
We offer various types of plumbing vehicle insurance, including:
- Truck Insurance
- Commercial Trailers
- Pickup Truck Insurance
- Commercial Van Insurance
- Box Truck Insurance
Learn more about commercial auto insurance.