Plumbing Insurance
A Comprehensive Guide to Plumbing Insurance: What You Need to Know
Are you a plumber looking to safeguard your business?
Plumbers’ business insurance is the best way to protect yourself against potential risks, disasters and accidents that can occur while providing services. In this guide we’ll explore exactly what it’s all about – from understanding which coverage types are available through to choosing an ideal policy for your plumbing company. Don’t leave anything up in the air when it comes to securing your livelihood!
Plumbing Insurance
Plumbing insurance provides coverage against unexpected damage, accidents, and legal bills to protect workers and their companies from potentially devastating losses.
This coverage can help keep those common (yet costly) hazards at bay so you can focus on what truly matters: your craftsmanship.
Plumbing Insurance Cost
Plumbers’ liability coverage can cost around $50 monthly. The exact rate, however, depends on several factors. Some common factors that can affect your cost are:
- Business income
- Type of insurance
- Coverage limits
- Deductibles
- Services offered
- Commercial property
- Size and scope of plumbing operations
- Business location
- Number of employees
- Claims history
Plumbing Insurance Coverage
Protecting your plumbing business is no easy task – but having the right insurance coverage can make all the difference. It’s important to get familiar with what type of policies are available and which will suit you best, so that any potential risks such as property damage or lawsuits don’t leave you high and dry. Let’s dive into understanding different types of plumbing insurances – because peace of mind should never be taken for granted!
General liability insurance
Commercial general liability or plumbers’ liability insurance protects you against accidental injuries and property damage that might occur during your work. For instance, this insurance policy can cover the following:
- Physical injury to a customer
- Repair costs for property damage
- Legal or settlement fees if any customer files a lawsuit against you
- Many landlords and clients expect this coverage before signing commercial leases or client contracts.
Commercial auto insurance
Your business’s work truck or van is vital for getting materials and tools from job to job, so make sure your driving covered. A commercial auto policy keeps your wheels rolling by protecting you against possible liability issues with at-fault accidents or any damage caused in a collision!
Surety bonds
With a surety bond, you can ensure that your plumbing work is up to professional standards and will pass any necessary municipal or state inspections. It’s a critical piece of protection for getting your contractors’ license approved.
Business property insurance
Protecting your business against any unexpected disasters is vital. That’s why we offer coverage that safeguards you in the event of accidents, nasty weather, or other hazards damaging your premises or buildings!
Workers compensation insurance
Businesses with employees must ensure they’re covered in the event of a workplace injury – that’s where workers’ compensation insurance comes in. This policy takes care of medical expenses incurred by an injured employee and will also cover lost wages should work be paused while healing. It might sound like an extra hassle and paperwork; however, it’s necessary as most states require this coverage for commercial customers!
Professional liability insurance
Protect your business from costly legal issues like professional negligence and breach of contract. From installing plumbing to delivering on time, this coverage assures you that you won’t be held liable for any mistakes made along the way. So, if a client takes you to court due to an installation or service delivery error, don’t worry—your policy will have your back!
Product liability insurance
This insurance ensures protection if a product you bought, such as pipes, tubes, or tanks, turns out to be defective. That way, you can get justice if property damage and physical injury occur due to the faulty item!
Tools and equipment insurance
Protect your costly plumbing gear no matter where you take it – in the car, a trailer, or any customer site. With Tools & Equipment insurance add-on coverage option for General Liability insurance, you’ll be covered if anything unexpected happens, like theft or damage!



Importance of Plumbing Insurance
Plumbers’ business insurance can be your safety net and armor, protecting you against a wide range of risks. If you are working in the plumbing industry, you need to get this insurance for smooth business operations and even business success.
Some key reasons that explain the importance of plumbing liability insurance are:
Provides financial protection
As a plumber, you never know when something might go wrong. Insurance covers your finances if an unexpected accident or incident occurs. No more worrying about costly repairs: If there’s damage to a customer’s property while working, your insurance will take care of it!
Provides liability protection
Liability protection keeps plumbers covered in case of unexpected legal actions. Whether customer trips while on the job or their work causes property damage, liability insurance provides peace of mind that any third-party claims and lawsuit costs will be taken care of.
Helps secure new clients
Plumber insurance can open many doors for your business, making you look like a cut above the rest! Customers and clients will know that their plumbing needs are in safe hands when they hire you. Insurance coverage is an easy way to prove reliability – reassuring customers that a professional service awaits them.
Protects your assets
Plumbing insurance can protect your assets and ensure any damage that might be incurred doesn’t damage your finances. From entrepreneurs to expansive enterprises, paying for damages can be a deadly financial challenge. Sometimes these costs are so significant that they lead companies straight into bankruptcy.
Helps ensure your peace of mind
Having the protection of insurance gives everyone involved in your plumbing business – you and your customers alike – a sense of calm confidence. Plus, potential clients will appreciate that you’re covered if something unexpected arises so that they can trust their project is safe!
Best Plumbing Insurance Companies
As a plumber, knowing your business is covered in case something goes wrong can be the difference between an easy fix and a major headache. That’s why it pays to know all about plumbing insurance companies that protect you against unexpected issues on-the-job. To help make sure you’re informed, we created this comprehensive guide filled with helpful tips for choosing the right policy— so no matter what comes up (or down!), you’ll have peace of mind that your biz is protected!
The Hartford
Hartford is one of the oldest insurance companies, serving the industry for over 211 years. Based in Hartford, Connecticut, they have been working with more than one million small businesses. The company sells primarily through a network of independent agents and brokers.
The best part is that this insurance company provides tons of coverage options for plumbing insurance:
- General liability insurance
- Data breach insurance
- Workers’ compensation insurance
- Contractors’ equipment insurance
- Commercial auto insurance
- Business property insurance
Some additional benefits of insuring your plumbing business through Hartford are:
- Easy and seamless claims processing
- Coverage within minutes
- Affordable insurance options
- Almost instant access to proof of insurance
- Customized coverage options
CoverWallet
With CoverWallet, you’ve got a digital broker on your side. They started their operations in 2015 in New York City under the Aon Insurance banner.
This broker is connected to multiple companies and can pull quotes from those companies so that finding coverage is accessible without hassle! They currently work with +10 top carriers, so you can easily compare rates and coverage to select the best policy.
Some benefits of insuring your business through CoverWallet is:
- Quotes from several insurance carriers
- Account can be managed online
- Assistance of skilled advisors is available
- Covers low risk to high-risk industries
Next Insurance
Next Insurance claims to have served over four hundred twenty thousand customers and has a 4.7 rating. They currently serve over one thousand types of businesses and offer multiple coverage options for plumber liability insurance.
These are the coverage Next Insurance provides for plumber’s insurance:
- General liability insurance
- Contractors’ errors and omissions insurance
- Commercial auto insurance
- Workers’ compensation insurance
- Tools and equipment insurance
- Commercial property insurance
A few reasons to consider Next Insurance for your plumber’s business insurance are:
- Many claims processing decisions within 48 hours
- Uses groundbreaking AI-based technology to manage business operations
- Live certificate for instant proof of insurance
- Impressive prices for liability insurance
- Instant quote in less than 5 minutes
- Phenomenal service for all your needs
- Monthly payments at no extra cost
- Up to 25% discounts on business insurance
Business Insurance Center
This insurance company has been selling insurance for over 30 years. With Business Insurance Center, insurance brokers work with you to determine the best policy for your needs.
You can find the following coverage through this insurer:
- General liability insurance
- Business property insurance
- Commercial auto insurance
- False advertising insurance
- Tools and equipment insurance
- Employee theft insurance
The company offers the following benefits to its customers:
- Customized coverage options with a personal guide
- 24/7 call center and an online live chat operator
Huckleberry
Huckleberry is a company dedicated to making insurance easy for small businesses. They aim to provide fast, quick, and online business insurance products. Currently, they are only providing Workers’ Compensation insurance for plumbers.
The following benefits make Huckleberry an exciting choice for plumbing businesses:
- Quick and instant quotes
- 100% paperless transactions
- No long forms or hours on the phone to get a coverage
- Liability coverage is underwritten by Markel or Chubb
- Financial strength rating – A by AM Best and A++ by Chubb



Conclusion
Plumbing insurance is necessary for anyone in the business – whether you’re just starting or have been around the block. With several coverage options available, deciding on what’s suitable for your particular needs can take time. Working with a reliable insurer ensures that they’ll provide personalized advice and help find the best policy fit so you can get back to doing what matters: delivering top-notch services minus all those annoying liabilities!
Frequently Asked Questions
-
Who needs plumbing insurance?
The following professionals require plumbers’ insurance:
- Plumbing contractors
- Piping contractors
- Handyperson
- Sprinkler installers
- Water pump installers
- Sewer hookup contractors
- Water testing contractors
- Septic system contractors
Most individuals who work as plumbers or in the plumbing business should get plumbers’ liability coverage to protect themselves and their businesses.
-
Is plumbers' insurance mandatory?
Before getting your license to do plumbing work, many states require proof of liability insurance and a license bond for your business.
-
What does plumbing insurance not cover?
Plumbing insurance provides a wide range of coverage, but this insurance policy doesn’t protect certain cases such as:
- Damages caused by natural disasters
- Damages due to normal wear and tear or improper maintenance
- Damage caused by intentional acts or criminal activity
- Damage caused by faulty installation



Highlights
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