Why Choose HVAC Insurance
HVAC Contractors Insurance protects heating, ventilating and air conditioning professionals from added expenses and liabilities that often occur with installing and maintaining this expensive equipment.
There are many ways a complicated HVAC installation can go wrong, which can cause allegations of damage to a homeowner’s property. Since HVAC ties into many other systems within a house, an electrical malfunction could fry an entertainment system or other mechanical device. It’s also possible that leaky ducts could result in an infestation. Or, improper drainage could create slow, hidden leaks that create extensive water damage and mold growth.
In the event of one of these situations or others, HVAC Contractors Insurance provides liability protection for businesses and individuals.
Types of HVAC Contractors Insurance Policies
Contractors General Liability Insurance protects HVAC contractors against third-party claims of property damage, injury or negligence. This insurance is an essential asset for HVAC contractors, because the systems that are maintained have a high potential for hazardous situations. Contractors General Liability Insurance is typically a state requirement. The levels of coverage mandated differ depending on the state in which you work.
Contractors Workers Compensation Insurance can cover all of the following areas: injuries or loss of limbs, diseases like emphysema or repetitive motion, injury inflicted at work, medical treatment and rehabilitation costs, up to two-thirds of lost wages, death and company liability for any lawsuits filed by injured employees.
HVAC contractors that use a vehicle for business-related tasks, including transporting goods and people, should consider enrolling in Commercial Auto and Truck Insurance. It provides coverage above and beyond your personal policy. Commercial Auto and Truck Insurance protects not just the driver, but the goods and employees in transit.