Plumbers Liability Insurance


 

What would happen to your plumbing business if all your profits went down the drain

as a result of a lawsuit? Do you have the financial pockets to pay for a flooded

home or business that resulted from a defective part you installed? On the other

hand, could you pay the medical benefits and possible defense and court costs as

a result of accident with your plumbing company van that caused an injury to another

person?
Whatever the situation, having plumbers liability insurance can help your business

stay above water should the unfortunate happen. It’s a risk management solution

that every plumbing contractor or plumbing business owner should have.

 

 

In combination with plumbers liability insurance, every plumbing contractor should

discuss their need for the following additional coverages with their BOLT insurance

agent:
Business property insurance.Small business

property insurance is insurance that protects the assets used in your plumbing business

(both tangible and intangible) as well as your inventory and materials used in your

business. This includes your office, computers, plumbing tools and plumbing supplies.

Also known as commercial property insurance, business property insurance provides

protection against damage or loss from a theft or accident

 

Commercial vehicle insurance.More likely than

not, you use a commercial vehicle to operate your plumbing business. The main purpose

of commercial vehicle insurance is to provide protection from car, truck, or van

vehicle damage from a traffic collision or liability from such collision.

 

Inland marine insurance.Small plumbing businesses

whose employees repair, clean, or service residential or commercial plumbing need

inland marine insurance. This insurance with a unique name protects plumbing tools

and inventory while in transit or in storage. Inland marine insurance also provides

protection against theft of tools stolen from a truck or van, at the work site,

or in storage.

 

Workers’ compensation

insurance.

Workers compensation insurance is a type of business insurance that is

required in most states for employers who have employees. For a plumbing business,

this type of insurance provides medical benefits payments and wage replacement to

employees harmed in the course of their duties. In return for relinquishing their

right to file a lawsuit against the plumbing business owner they receive the benefits

mentioned.

 

 

All in all, plumbers liability insurance keeps your business assets safe, protects you against a financial windfall, and in some cases is mandated by law.

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Testimonials

  • Computer Programmer

    "Again, thank you for your patience in this and thank you for your quick responses via email. I will definitely refer your company, and especially you personally. You have been the best insurance person I have dealt with ever..."

    R. Pader

  • Product Retailer

    "Thank you so very very much, you just don't know how much this really means to me. You all have been so very very pleasant and extremely professional. Please forward this to your supervisor for the customer service that you've provided was nothing less than A+.Keep up the good job."

    R. Bolling

  • Commercial Property Inspector

    "You have worked exceptionally hard and I appreciate it. Thank you very much, you are a life saver. By the way your competition said it would be at least week for proof. You have my business."

    B. Castile (Washington)

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