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Plumbing Insurance Problems? Call An Expert.
Here’s an interesting statistic for those new to the business, those thinking about starting their own plumbing business, or even those wondering whether it is worth staying in the business. This industry provides employment for more than 460,000 people across the country, and this number is steadily increasing. The Bureau of Labor Statistics also tells us that plumbing industry is a growing industry. The question many plumbing contractors are asking is: With the competition that around 120,000 plumbing businesses in the US bring, is it worth being a plumber? Anybody who has faced a lawsuit or lost their business will say, No. Not unless you have plumbers insurance coverage.
3 Most Common Liability Claims Against Plumbing Contractors
1. Faulty work resulting in property damage
Even if you never leave a job site until you are fully satisfied that the installation or repair job has been done right, the pipes that you used spring a leak, resulting in property damage.
2. Negligence resulting in Injury
Implementing safe practices with every member of your crew may not be enough to prevent accidents on the job site. You could still find yourself liable for the customer’s medical bills.
3. Damage to customer property
Working in a tight area could see you drop a heavy tool and crack the bathroom tiles. So, it is vital to have insurance coverage that protects your customer’s property just in case.
Put A Stop To Money Leaks
If you didn’t have an appropriate insurance policy, your plumbing business would be flooded with legal fees, taking away money and time from your business. Finding the right business insurance coverage at the right price may be intimidating. No plumber wants to find out that although they are up to date with their premiums, they are under-insured. Find out how we can help to protect your business now and in the future.
What Insurance Coverage Do You Need?
Business Owners Policy
Equipment Breakdown Coverage
General Liability Insurance
Commercial Auto Coverage:
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