Insurance for HVAC Companies

Insurance for HVAC Companies

HVAC Companies, like most construction related companies, have several exposures that should be protected with Insurance. There are several important coverages to consider, and we will break them all down for you.

Insurance for HVAC Companies – General Liability

General Liability is an important coverage that every HVAC Company should carry, regardless of your operations. There are many situations where General Liability can protect you. This can include coverage for property damage, bodily injury, and/or damage to your rented premises. Despite having these important coverages, General Liability is often affordable, and it can even help you get more jobs. This is because many property owners and general contractors require a Certificate of Liability Insurance to get jobs. With that said, this policy may pay for itself with the jobs you get from carrying this important coverage.

Insurance for HVAC Companies – Inland Marine

Carrying an Inland Marine policy is totally optional, but it can be a lifesaver for those companies that rely on their property to operate their business. An Inland Marine policy can cover the tools, diagnostic equipment, and business property that goes out in the field with you. In many cases, you can purchase an Inland Marine policy with the same carrier as your General Liability, which can qualify you a multi-policy discount on one or both of the policies.

Insurance for HVAC Companies – Workers Comp

Workers Comp is an important policy that is required in most states if you have any employees. Even if you are domiciled in a state that does not require Workers Comp, it is still an important coverage, as you can still be held liable for employee injuries, regardless of state requirements. Workers Comp tends to be one of the most expensive Insurance coverages, so make sure you find a good broker that will properly shop your policy.

If you would like to learn more about Insurance for your HVAC Company, give us a call! You can reach us at 925-297-4829.

All information is general in nature and is intended to provide guidance only. It is up to you to request specific coverage options, the agency and agent do not bear this responsibility. Always read the policy if there is a questions about coverage or a claim. If any information herein should conflict with your actual policy’s specific language, the policy language will be controlling.