What is HVAC Contractor Insurance?
The heating and air conditioning industry is full of opportunity, but there are certain risks that come with that opportunity. From liability to property perils, HVAC contractor insurance helps Vermont businesses in this industry protect themselves from a variety of risks that they’re exposed to.
HVAC contractor insurance is specialized commercial insurance for HVAC service providers. So that policies can meet multiple risk mitigation needs, these policies normally come as package policies that combine coverages together.
What Vermont Businesses Should Have HVAC Business Insurance?
Most Vermont HVAC service providers should consider HVAC business insurance. Businesses can be dangerously exposed to risk if adequate insurance isn’t in place, and this tends to be the most appropriate type of policy for these businesses. In particular, the following businesses may want an HVAC business policy:
- Residential HVAC service providers
- Commercial HVAC service providers
- Air conditioner and furnace retailers
- Air duct cleaners
- HVAC technicians who work as sole proprietors
In some cases, businesses provide HVAC services alongside other services (e.g. plumbing or electrical work). These businesses should work with an insurance agent who specializes in HVAC business insurance, to determine whether this or another insurance option is best for them.