What coverages can be included in plumbers insurance policies?
Plumbers insurance policies normally come with a range of coverages. Some options that most policies make available, either as standard or available projections, include:
- Commercial Building Coverage: Might cover a facility that’s owned by a plumber’s business, such as an office, storage area, or other location.
- Commercial Contents Coverage: Might cover plumbing tools, fixtures, and materials when they’re at a plumber’s primary location.
- Inland Marine Coverage: Might cover plumbing tools, fixtures, and materials when they’re being taken to/from customer locations.
- Installation Floater Coverage: Might cover plumbing fixtures from when they’re purchased until they’re installed in a customer’s building.
- Commercial Auto Coverage: Might cover commercially registered cargo vans or work trucks that a plumber’s business owns.
- General Liability Coverage: Might cover common (non-auto) accidents that cause injury to a customer, or damage to their property.
- Errors and Omissions Coverage: Might cover incorrect advice that a plumber gives when discussing repairs or new installations with a customer.
- Commercial Umbrella Coverage: Might provide supplemental liability coverage, adding an additional layer of protection in case of a major lawsuit.
Errors and omissions coverage is commonly abbreviated “E&O.”
Do plumbers policies also cover working with gas?
Plumbers who install or repair gas lines should make sure their chosen plumbers policy does cover working with gas. Many policies can be set up so they can cover gas. Not all do automatically or at all, though.
An insurance agent who specializes in plumbers policies should be able to help plumbers find a policy that covers any gas work they do.
Can one plumbers policy cover both commercial and residential services?
Most plumbers policies can be tailored to cover both commercial and residential work. A knowledgeable insurance agent can confirm that a chosen policy covers both.
Where can plumbers get a certificate of insurance?
A certificate of insurance (COI) is a document that’s often used to verify the insurance coverage a business has. Customers might ask plumbers to see their COI, so that they can confirm a plumber is indeed insured.
Obtaining a COI is typically straightforward, and something that an insurance agent can assist with. The document can sometimes be issued digitally the same or next day, although occasionally it might take longer.
