As an HVAC contractor, it is essential to have insurance that safeguards against any accidental personal injury or property damage caused by your work. This policy also provides protection for the company from claims for injuries due to slips, falls, or other on-site incidents if they have a building that customers visit. An air conditioning business typically transports equipment from one workplace to another and may rent equipment for larger projects, such as elevators or cranes. Since a weatherization company has a higher risk of filing work-related injury lawsuits, it can protect both its employees and itself with a workers' compensation policy.
ServiceTitan is a comprehensive business HVAC software solution designed specifically to help service companies optimize their operations, increase revenues, and achieve growth. It is important for HVAC companies to understand the type of insurance they need to protect their customers and employees from any potential risks. The most common type of insurance for HVAC companies is general liability insurance. This policy covers any third-party claims for bodily injury or property damage caused by the company's operations. It also covers any legal costs associated with defending the company against such claims.
Another type of insurance that HVAC companies should consider is professional liability insurance. This policy covers any claims for negligence or errors in the performance of services provided by the company. It also covers any legal costs associated with defending the company against such claims. HVAC companies should also consider purchasing commercial auto insurance if they use vehicles for business purposes. This policy covers any third-party claims for bodily injury or property damage caused by the company's vehicles.
It also covers any legal costs associated with defending the company against such claims. Finally, HVAC companies should consider purchasing workers' compensation insurance if they have employees. This policy covers any medical expenses and lost wages due to work-related injuries or illnesses suffered by employees. It also covers any legal costs associated with defending the company against such claims.