What Is Plumbers Insurance?
Plumbers insurance is coverage that focuses on protecting you, your plumbing company and the technicians from the risks involved in the plumbing business. The coverage protects you from risks that may arise during daily operations. It is essential to note that the coverage is not only for plumbers, but caters to most of the dangers that affect anyone working in the trade. Examples of businesses that need plumbing policy include:
- Plumbing Contractors
- Septic tank installers
- Professional pipe fitters
- Plumbing system renovators
- General contractors
If your business falls under any of the above categories, it is advisable to inquire about insurance for plumbing contractors. The cover will help you to focus on delivering services to your clients and shield you from financial losses associated with your business.
Why Do You Need Plumbing Insurance?
Plumbing projects expose the contractor to many inherent risks. The policy protects plumbing businesses from losses arising from hazardous working environments, human error, faulty installations, and accidents.
Another reason to get insurance for plumbing contractors is to be adequately licensed for different types of projects. Most property owners check insurance policies before engaging plumbing contractors. The policy shields you and the client from financial liabilities.
What Does Plumbers Insurance Cover?
The policy usually protects small and medium-sized plumbing firms. It is a fundamental business owner policy that protects you from mishaps, lawsuits and financial liabilities that may arise as you run your business. It also covers commercial vehicles that your company uses to transport pipes, tools, and equipment or plumbing supplies. It offers full protection since most auto insurance policies give limitations when it comes to vehicles used to the plumbing business.
The plumbers’ policy also protects your business from financial losses or lost income from any of the insured risks. It is crucial to understand that you may also need additional policies for full coverage of your business.
Plumbing business is risky and needs protection against various risks. If you are a plumbing contractor, it is advisable to secure your business with the right insurance. If you have questions or need more information, you can fill out the form or call us for a free quote.