Plumbers

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With responsibilities of installing and repairing pipes, communicating with customers, and delegating tasks to employees or subcontractors, commercial and residential plumbers are exposed to multiple risks on a regular basis. While you're focused on running your plumbing business and keeping your customers satisfied, one small mistake or job-related injury could result in extensive financial damages. Fortunately, with plumbing insurance solutions through AmTrust Financial, you could receive the coverage you need to safeguard your business against a variety of uncertainties.


Plumbers Insurance Coverage Options


As a plumber, the coverage you'll need will be determined by the size of your business, how often you work with subcontractors, how many regular employees you have on staff, and other operational factors. Each job you complete can come with its own set of risks, such as accidental property damage, bodily injury and third party claims.

When it comes to plumbers insurance, there's no one-size-fits-all solution. That's why AmTrust is intent on providing you with customized plumbing business insurance to suit your specific needs. Most plumbers opt to carry the following policies:

• General Liability
• Workers' Compensation
• Businessowners Policy (BOP)


Protecting Your Plumbing Business Employees with Workers' Compensation Insurance


Responding to emergency plumbing situations in a quick but safe manner can be challenging, and the possibility of you or one of your team members becoming injured while on-the-job is always present. That is why workers’ compensation insurance can be so beneficial to protecting your business. A policy can typically cover the costs of an injured employee's:

• Medical expenses
• Partial lost wages
• Rehabilitation
• Job retraining

Most states require plumbers to offer workers' compensation coverage to their employees and subcontractors. Workers' comp is a no-fault system in which business owners and their employees are both protected. In some instances, the policy may even prohibit employees from suing their employers for work-related accidents and injuries.


General Liability Insurance for Plumbers


Even the most cautious plumber can't always avoid an accident. General liability insurance can protect your business from most third-party claims. This type of policy often covers property damage, bodily injury, and advertising injury. Examples of what a general liability policy may cover for a plumber include the following scenarios:

• An employee drops a heavy power tool in a customer's home and causes damage to his or her hardwood floors
• A customer suffers an injury after tripping over materials you left in the middle of the floor
• A customer accuses you of failing to complete a job within budget


Businessowners Policy (BOP) for Plumbers


Some of your most valuable assets include your property, equipment, inventory, materials and important records. A businessowners policy (BOP) can help you pay for property damage resulting from fire, theft, vandalism and other covered events. Common property claims in plumbing businesses include theft of tools or high-value equipment and fire damage that occurs in areas where materials are stored. A BOP may help to cover the costs of repairs and replacements if you experience property damage and, if damage forces you to have to temporarily close or relocate your business, the policy may help you recoup some of your lost income.


How Do I Get Plumbers Insurance?


Purchasing plumbers’ insurance can give you peace of mind and confidence in knowing you're getting coverage against a variety of hazards and risks. AmTrust is here to help you discover tailored insurance solutions to keep your small business safeguarded whenever unfortunate situations arise. We work alongside you to find an insurance package suited to your business’s specific needs. Don't put your plumbing business at unnecessary risk; contact the experts at AmTrust today to learn how our plumbing insurance solutions could help to protect you against the unexpected.
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