When securing an insurance package for plumbing contractors, several key coverages are typically recommended to ensure comprehensive protection for your business. These include:

• General Liability Insurance: Covers your business against errors and accidents.
• Tools Coverage: Protects the tools essential for your work.
• Auto Insurance: Covers vehicles used for work-related travel.
• Bond: Provides a guarantee of performance and compliance.

In addition to these common policies, other coverages, like lost wages insurance, can be valuable. They help recover lost income if a significant incident temporarily halts your business operations.

Several factors impact the cost of plumbing contractors insurance, including:

• Industry: The specific nature of your plumbing business.
• Type of Assets: The equipment and tools you own.
• Property Owned: Any real estate associated with your business.
• Number of Employees: The size of your workforce.
• Size of Payroll: Your overall payroll expenses.
• Claims History: Your track record of past insurance claims.

Plumbers face daily risks, from fixing water heaters to working in confined spaces. With the appropriate business insurance coverages, you can confidently operate knowing that you and your employees are well-protected.

Get in Touch with Freedom Brokers

Ensure your plumbing business in Illinois is adequately covered with the right insurance policies. Contact Freedom Brokers to secure the protection you need for peace of mind while you work.