Protect your plumbing business with specialized insurance options crafted to address the unique challenges of the industry. Whether you’re an independent plumber or managing a larger crew, our insurance offerings ensure that you can concentrate on your tasks without fearing unforeseen disruptions.
Plumbing work involves numerous risks; a single incident can result in substantial financial loss without proper coverage. Plumbing contractors insurance shields your business from:
According to the Occupational Safety and Health Administration (OSHA), plumbing professionals are frequently at risk for workplace injuries due to the nature of their work.
Without appropriate insurance, job-related incidents can lead to expensive medical bills and legal troubles that could threaten your business. By securing plumbing contractor insurance, you safeguard your business, employees, and clients.
Only 5 minutes of your valuable time. We can often get same day coverage.
As a plumber, having the right insurance is crucial to cover every facet of your trade. Below are the primary coverage options we offer for plumbers:
Since plumbing work occurs on clients’ properties, accidents can happen. General liability insurance safeguards your business from lawsuits in case of injury or property damage while you’re on the job.
For instance, if a pipe bursts and causes flooding in a client’s home, this coverage will handle repair costs and legal expenses if necessary, preventing severe financial loss.
Your business relies on vehicles for transporting tools, materials, and workers. Commercial auto insurance covers your business vehicles against accidents, theft, and other incidents, ensuring uninterrupted service to your clients.
Plumbing can involve various hazards such as chemical exposure, falls, and tool injuries. Workers’ compensation insurance ensures that if an employee gets injured, their medical bills and lost wages are covered, protecting your business from potential lawsuits.
Each plumbing business is distinct, with its own set of risks and operations. We offer tailored insurance packages that meet your specific needs, whether you run a solo operation or a large plumbing company. We work with you to create a plan that provides the necessary coverage without excess costs.
The tools and machinery essential for your plumbing work represent a significant investment. Equipment insurance protects against theft, loss, or damage, allowing you to quickly replace or repair essential tools to keep your operations running smoothly.
This table displays typical rates and coverage for Plumbers General Liability
for $1 Million/$2 Million Policy.
This table displays typical rates and coverage for Plumbers General Liability for $1 Million/$2 Million Policy.
State
Annual premium above includes unlimited certificates of insurance.
The rating assumes $50,000 – $100,000 in gross revenues for plumbers/general contractors, with 10% in subcontractor costs.
Premiums are subject to underwriting approval and financing charges may apply.
In only 5 minutes of your valuable time. We can often get same day coverage.
Plumbers are typically well-liked in the insurance world, but the premium on Plumber’s General Liability Insurance can vary greatly depending on your business. This is normal, and it is for this reason that ContractorsLiability.com does not make unsubstantiated promises about the plumber’s insurance averages.
Instead, we like to help customers understand whether their insurance rates might be too high or whether their coverage is too low, based on common factors we use to examine insurance premiums. This includes:
While credit is not everything, it is something that insurance companies consider before offering certain policies. The better your credit, the lower the premium.
Premiums vary greatly depending on what state you are located in. States like New York, California, and New Jersey are significantly more expensive than States like Texas and Indiana. This has mainly to do with the amount of regulation involved and the propensity for higher jury verdicts in those States.
The more revenue or sales you have the higher the premium. This makes sense as a plumber that has $100,000 in sales, everything else being equal, has less of a chance of something going wrong as a plumber with $3,000,000 in sales.
Insurance companies expect accidents to happen, so it’s not a total disaster when they do. However, if your company has a track record of having many accidents, you will be considered to be a greater risk, upon which your rates will increase.
Plumbers are highly skilled, so insurance agencies also consider how well your employees have been trained, where they’ve trained, how old they are, how long they’ve been in business, and their individual histories. The more employees you have the higher the premium.
These are things that all insurance companies take into account when determining your premium. Rest assured, at Contractorsliability.com we will use this information to get you the Cheapest Plumber’s General Liability Insurance Policy around.
Not only is Plumber’s General Liability Insurance required in most states, but it also helps plumbers cover themselves if a claim is made against their work. Here are some of the common types of injuries associated with plumbing and some potential examples of the injury:
Injuries made directly to the body of a third party at your worksite.
Example: A trip hazard, such as a pipe on the ground, causes someone on the property to fall and injure themselves. They must take time off work and are suing for damages.
This includes any sort of damage directly related to work completed or units installed.
Example: A water heater is improperly installed and causes damage to the building it was meant to provide hot water for.
Think of this as any sort of claim or action taken against a company that causes that injury’s to others reputation or an invasion or privacy.
Example: Your company makes a comment about another company, which results in the worsening reputation of the other company and overall loss of business. They sue for advertising injury.
This covers the medical bills of a third party that is injured due to fault of the plumber’s company.
Example: A client is injured on the worksite while you are working there, resulting in a broken leg. An Affordable  Plumber’s General Liability Insurance policy will cover the medical costs and legal fees associated with the injury.
Just read and in 30 minutes you will know everything about insurance.
Besides obtaining a Low-Cost Plumber’s Liability Insurance, you should also think about the following other types of insurance for your plumbing business. The most common are:
You need to have Plumber’s Commercial Auto Insurance to cover the vehicles used in your business. If you just have personal auto coverage your insurance may deny your claim, especially if your van is covered in your company’s advertising.
If you operate out of a physical location this is an option. A Business owner policy (BOP) for Plumber’s and Plumbing Business bundle’s a general liability and property coverage together in one policy. It is generally cheaper than buying the same coverage separately.
Do not let the name fool you. Inland Marine Insurance for Plumber’s covers your tools and equipment from theft or loss. Just think how much it would cost to replace all your tools if they were stolen or destroyed.
An Umbrella Insurance Policy for Plumber’s gives protection from catastrophic losses that exceed an underlying policy’s insurance limits. It is relatively inexpensive and protects you from claims that would more than likely wipe out any business financially.
If you have employees you are required by law to have workers Compensation Insurance for Plumbers. Failure to have this coverage can lead to administrative actions and large fines. Also if an employee is injured on the job you will have to pay the medical bills, attorneys’ fees, lost wages, etc. from your own pocket.
If your state requires a license in most cases there will also be a Plumber’s Surety Bond requirement. It is also often the case that when you are connecting to a City sewer or water system a bond will be required before a permit is issued. These bonds generally cost about 1% of the amount of the bond requested. In some instances, there may be a credit check before they are issued.
If your State requires it you will probably lose your license and be subject to administrative action. If you have a claim you will have to cover all the costs of the claim including attorney’s fees from your own funds. This could easily result in you losing everything you own.
Contractors Liability recommends getting the right liability coverage for your company – after all plumbers have little to no use for a form of liability coverage that is designed for an electrician or another skilled tradesman.
No. Worker’s compensation is a type of insurance that covers employees, and that is a separate policy. Plumber’s General Liability Insurance covers only third parties and their property in the case of an accident. However, you will need to purchase a worker’s compensation policy for your plumbing employees if you want them to be covered.
If your State requires it you will probably lose your license and be subject to administrative action. If you have a claim you will have to cover all the costs of the claim including attorney’s fees from your own funds. This could easily result in you losing everything you own.
As compared to other trades it is about the middle of the pack. It is less expensive than Roofer’s insurance but more than a drywall contractor. It certainly is not expensive if you have a claim.
We understand that it is hard to work in a trade that requires so much time and management for seemingly thankless jobs. To thank you for your service, we offer plumbers:
