Working as a plumber involves many occupational risks. From technical errors to damage to your equipment, it’s essential to have proper protection. Insurance helps secure your business activities and your clients. Here’s an overview of the main types of insurance to consider in the plumbing industry.
1. General Liability Insurance
This is the foundation of any insurance policy for a plumber. It covers bodily injury, property damage, or personal harm that you may cause to third parties in the course of your work, whether at a client’s site or in your own premises.
Examples of covered situations:
- A client gets injured on-site by tripping over a pipe
- A valve you installed leaks and causes major water damage
- An improperly cleaned drain causes a backup in a house
This type of insurance is often required to secure contracts, as it provides a minimum level of protection. However, it does not cover injuries sustained by you or your employees—that falls under workers’ compensation.
2. Additional Insurance for Your Assets
Beyond liability insurance, several types of coverage protect your tools and business property:
- Business Property Insurance: Covers your premises and equipment against fire, theft, vandalism, or weather-related events. It also protects tools that are transported or used on job sites.
- Commercial Auto Insurance: Essential if you use a vehicle for work (e.g., service trucks, job site vehicles, etc.).
3. Comprehensive Business Insurance (Multirisk)
Comprehensive insurance packages combine several key coverages, including liability, property protection, business interruption, and more. These packages are convenient, but keep in mind they don’t always include every type or level of coverage you may need. Some insurers allow you to add optional extras.
4. How to Choose the Right Insurance
Several factors should guide your insurance choices:
- The specific type of work you perform
- Your claims history
- The safety procedures you have in place
- The coverage limits you require
A broker can help you make the right choice by considering your business's unique characteristics and needs.
Conclusion
As a plumber, getting the right insurance is more than just a formality—it’s an investment in the safety of your business. The right coverage protects you from unexpected events and builds trust with clients and partners. Remember, insurance is no substitute for proper risk management: ongoing training, equipment maintenance, and compliance with regulations are just as crucial.
For any questions, do not hesitate to contact our brokers : 1 866 961-3553
