What is Plumbers Liability Insurance?

If you are working as a self employed plumber, you will need to ensure that you have adequate plumbers liability insurance. This will provide protection for a wide range of accidents or injuries including spilling a cup of coffee on an electrical item through to a home owner tripping over your ladders and suffering an injury. Although many trades people may be tempted to cut costs and skimp on this type of insurance, it is not only mandatory by law, it can provide you with financial reassurance in the event of an unforeseen issue.

Basic plumbers liability insurance is designed to provide protection from any damage or injury resulting from your work. Even minor issues such as spilling the cup of coffee your customer kindly made you, can result in damage, which you would be liable for. You should remember that you are working within people's homes, so they need the reassurance that their personal belongings and property are protected. Your liability insurance will not only show your professionalism but can protect you from the legal fees and costs involved should someone decide to file a claim against you. Minor issues such as a sprain resulting from a trip over one of your tools can prompt a large claim for legal fees and compensation. More serious injuries or damage could mean a bill for thousands of dollars, which could compromise your ability to fund your business.

Plumbers liability insurance covers you for a number of third party claims including accidental damage of any property, injury of a third party – even fatal injuries and the legal expenses which may arise from any health and safety claim against you. However, your liability insurance can be tailored to suit the specific aspects of your business. For example, if you work on heating or air conditioning systems, you may require additional coverage. Typically higher risk working environments such as heights or working around asbestos command additional premiums.

While you may be concerned with keeping your costs low, you should not neglect your liability coverage. You may consider yourself to work very carefully, but even the most experienced professional realises that accidents will happen, so you should be covered. Additionally, having a higher level of liability coverage demonstrates to potential customers that you take their safety and home seriously. These customers are more likely to hire a trades person who can reassure them that any issues can be covered, boosting your business and client base.

If you are interested in learning more about plumbers liability insurance or would like a quotation, contact us. We provide a wide selection of insurance coverage and our advisers would be happy to discuss your specific requirements, helping you to obtain the best possible quote.

Julia Robret has broad and deep experience in insurance field. She also writes articles in her spare time. Presently, she is writing contents on Plumbers Liability Insurance