HVAC Contractor Insurance

HVAC Contractor Insurance Provided By Our Agency

Each project presents a varying risk level in an industry that works extensively on ventilation systems inside different residential and commercial properties.

Accidents causing property damages or injuries can spark lawsuits against your business, quickly disrupting your operations. Therefore, the proper risk management strategy is essential for your business’s survival.

What is HVAC Contractor Insurance?

HVAC Insurance is a policy package that provides financial coverage for the common risks associated with operating as an HVAC technician, such as third-party injury or property damage.

A significant amount of liability exposure is involved in keeping customers’ homes warm, cool, and free of excess water and dangerous gas. Not only can this job cause injury to HVAC employees, but residential and business customers can become injured, and property can become damaged, potentially resulting in costly lawsuits.

These are some related types of insurance we offer to protect industry professionals from risk.

What type of insurance do HVAC Contractors need?

General liability insurance – This policy covers primary third-party risks, such as damage to a client’s home while moving HVAC equipment. Bundle with commercial property insurance for savings in a BOP.

Workers’ compensation insurance – Workers’ comp is required in almost every state for residential and commercial HVAC businesses with employees. It covers medical costs for work injuries.

Commercial auto insurance – This policy covers property damage and injuries involving HVAC company vehicles and repairs to vehicles damaged by vandalism or weather.

Contractor’s tools and equipment insurance – This policy helps pay for repairing or replacing an HVAC contractor’s psychrometers, multimeters, and other tools if they are lost, stolen, or damaged.

How much does HVAC Contractor Insurance cost?

Several factors will have an impact on insurance costs, including:

Installation services offered
Business equipment and property
Revenue
Location
Number of employees

Already have HVAC Contractor Insurance?

Switching is easy! It might be time to switch insurers whenever the service that your existing insurer provides doesn’t meet your needs. For example, if you have a poor claims experience or an unexplained rate increase, it might be time to consider other options

If you cancel a previous policy before a new policy is effective, you could run into some serious financial problems.