The plumbing industry is not only vitally important to the state of Minnesota, but around the world. However, as a plumber, you face various risks that could threaten your plumbing business. The Minnesota Plumbers Insurance Program is designed to help protect your plumbing business. At Ameriguard Insurance Agency, we’ve designed a program catering to the Plumbing Business. It’s a one stop shop for all of your protections. Here are the top five risks plumbers face and how our specialized insurance can help.
1. Property Damage Claims
Accidental damage to a client’s property can happen, no matter how careful you are. A broken pipe might cause water damage, or tools might unintentionally scratch floors or walls. When this occurs, you could face a very expensive claim or even lawsuit.
How to Protect Your Business: General Liability Insurance will help to cover these types of claims. It helps pay for damages you are responsible for, legal defense costs, and settlements. The Minnesota Plumbers Insurance Program includes General Liability Insurance tailored to protect plumbers from the unique risks of their trade. By partnering with the best business insurance in the industry, we are able to provide Minnesota Plumbers with the best policy coverage at the best prices.
2. Injuries on the Job
Plumbing work often involves physical labor, tight spaces, and working with heavy equipment. This makes injuries like back strains, falls, or tool mishaps a real possibility. If you or one of your employees gets hurt on the job, medical bills and lost wages can add up quickly.
How to Protect Your Business: Workers’ Compensation Insurance is not just a legal requirement in Minnesota—it’s vital for covering medical expenses and lost wages if a work-related injury occurs. Our program ensures you have the right coverage, keeping your team protected and your business compliant with state laws.
3. Damage to Tools and Equipment
You need tools to get the job done, but they’re also at risk of theft, damage, or loss. Replacing expensive equipment can be a financial strain, especially if you rely on specialty tools to perform certain tasks.
How to Protect Your Business: Inland Marine Insurance can cover tools and equipment, whether they are stolen from your truck or damaged on a job site. With our Minnesota Plumbers Insurance Program, you can include coverage for the tools you rely on, so you’re not left in a bind when something goes wrong.
4. Vehicle Accidents
Many plumbers spend a significant amount of time on the road traveling between job sites. A vehicle accident can result in injuries, vehicle damage, and even third-party property damage, all of which could lead to costly claims.
How to Protect Your Business: Commercial Auto Insurance is necessary for any business that uses vehicles for work purposes. It provides coverage for accidents, injuries, and vehicle repairs, ensuring that your business stays on the move even after an accident. Our program offers tailored Commercial Auto Insurance options for Minnesota plumbers, keeping your business vehicles protected.
5. Errors in Service
Despite your best efforts, mistakes can happen during a job, such as improper installations or repairs that lead to further damage. If a client claims your work caused damage or didn’t meet standards. This is a workmanship issue. And you are responsible. You could pay this out of pocket.
How to Protect Your Business: Professional Liability Insurance, also known as Errors & Omissions Insurance, helps cover legal fees and damages if a client claims you made a mistake or provided faulty advice. Our Minnesota Plumbers Insurance Program includes options for Professional Liability coverage, helping you stay protected if a dispute arises.
Protect Your Business with the Minnesota Plumbers Insurance Program
At Ameriguard Insurance Agency, we understand the unique challenges faced by plumbers in Minnesota. Our Minnesota Plumbers Insurance Program is designed to provide comprehensive coverage options that address the specific risks of the plumbing industry. We work with you to customize a plan that fits your business needs, whether you are a large commercial plumbing company or a one person operation. We have specialized policies that fit all sized plumbing businesses.
Don’t let unexpected risks drain your business. Contact us today to learn more about how our Minnesota Plumbers Insurance Program can give you peace of mind that you are protected from the large unfortunate loss. Call 763-767-0522 or visit our website to get started with a free quote.