Plumber Insurance

Plumbing contractor insurance can help protect you from financial losses caused by things like:

• Accidents
• Liability claims
• Property damage
• Employee injuries

Self-employed plumbers need a variety of insurance protection to help cover all aspects of your operation:

• General liability insurance for plumbers: Liability insurance provides coverage for bodily injury and property damage to others, as well as legal defense in the event that someone takes you to court. Without it, you would be responsible for paying for negligent acts and legal defense out-of-pocket.
• Commercial property coverage:  This helps pay to repair or replace your belongings if they are stolen, damaged or destroyed by a covered event. It applies to movable items you own, including tools, equipment, machinery and supplies, and can also cover buildings owned by your business.
• Commercial auto:  If you or your employees operate out of a business-owned vehicle, such as a service van or truck, commercial auto coverage can help pay for accident-related property damage, injuries and vehicle repairs.
• Business umbrella coverage: This coverage provides an extra layer of liability protection beyond the limits of certain underlying policies, helping protect your plumbing business from large or unexpected claims.
• Workers compensation: Workers comp covers medical expenses and lost wages for employees who suffer work-related injuries. Slips, falls, cuts, burns, lifting injuries and exposure to hazardous materials can all occur at job sites. Depending on your state, this coverage may be required by law.
• Data breach coverage: Companies of all sizes face potential data security risks today. Business cyber coverage can help your plumbing business recover quickly if sensitive information is ever compromised.

Business owners policy (BOP)

A business owners policy (BOP) combines general liability and commercial property coverage into a single package to save you money. It covers everything vital to the operation of your business—your brick-and-mortar location (if you have one), coverage for equipment breakdowns and even protection for outdoor signage.

Additionally, you can add the coverages listed above to bundle even more. You can always read our business insurance and safety resources for additional information.

The cost of insurance for plumbers depends on the size and scope of your business. Factors impacting cost include:

• Type of work: Whether you work in residential, commercial, industrial, new construction, repairs or specialty plumbing services.
• Business size: Revenue, payroll, number of employees, locations and subcontractors.
• Coverage limits and deductibles: Higher limits generally cost more; larger deductibles may reduce premiums.
• Claims and safety history: Prior injuries, water damage, property damage and liability claims can increase risk.
• Location: Local risks, weather conditions, crime rates, litigation trends and building conditions can affect pricing.
• Tools and equipment: The value of plumbing tools, equipment and supplies used for your business.
• Vehicles: Number of service vehicles, drivers, driving records and exposure to accidents or theft.
• Contract requirements: Required liability limits, additional insured requirements and subcontractor obligations can affect cost.