All Business Owners Serving the Plumbing Industry Can Now Cover Their Companies with General Liability Insurance as Well as Business Property Insurance Under One Package
Burbank, CA (PRWEB) July 18, 2013 -- USA Business Insurance has announced that combination policies are being written for service providers in the plumbing industry that cover general liability as well as additional property coverage, damage or loss of tools, specialized inventory and equipment. This coverage was originally believed to be written for plumbers only. Now any service provider in the plumbing industry can be included in Plumbing General Liability policies.
Licensed plumbers and service technicians have specific needs and potential risks. This is why it is important that their insurance policies are written with the specific industry in mind. Policies can be written for an individual business owner or a plumbing contractor with a number of employees. Oftentimes the only differences in the coverage are the liability limits.
Each state and local municipality may require a plumber to purchase a general liability insurance policy prior to beginning work on any home, office or government building. The limits can vary from location to location. Not only will the state or local inspectors want to see the policy, but a general contractor or home owner will want to see proof of coverage before allowing the worker on the property.
A General Liability or Plumber’s Business Insurance policy covers the standard liability insurance claims. A boiler installer may leave a tool out and a homeowner slips on it and breaks a leg. Perhaps a pipe fitter is repairing a pipe that has burst and water begins to build damaging the property owner’s floors and belongings. The general liability policy will cover the legal fees and assessments if any are awarded.
However, there are other protections the plumber or service provider definitely needs. In today’s busy lifestyles, when a homeowner has an emergency they want the problem fixed immediately. This requires the plumber to keep an inventory of the most requested parts. Inventory costs money. If something happened at a warehouse or office and the inventory was ruined or stolen, the proper insurance would cover the actual cost of replacing the goods.
Another point of interest is plumber tools and equipment. Plumbers and service providers use specialized tools which are quite expensive. The right policy can cover the cost of tools and equipment if they are stolen, whether at the job site or on the way to a job site. Loss of tools and inventory can translate into loss of income if the items are not replaced immediately.
To learn how general liability insurance and Business Property Insurance can protect people serving the plumbing industry, visit at http://www.businessinsuranceusa.com/plumber-liability-insurance.
About USA Business Insurance: USA Business Insurance provides coverage for a diverse group of companies and concerns. They have specialists who understand different business sectors and can suggest coverages that are often overlooked.
Principal, USA Business Insurance, http://www.businessinsuranceusa.com, 888-900-0205, [email protected]
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