Hvac contractor Insurance Cost

We offer customized packages to each customer so you can find the coverage that you want. You pay only for what you need.

Hvac contractor business owners like you typically purchase a combination of coverage in their insurance package, including:

• General liability — can help protect you if bodily injury or damage to someone else or their property occurs
• Workers’ compensation — can help protect you if your employee has a workplace injury or work-related illness
• Tools & equipment — can help protect you if your tools are lost, damaged or stolen
• Commercial property — can help protect you if you own your own building, lease property or work from home

After you answer a few basic questions with our online instant quote, you can review your options and choose the amount of coverage you want from our Basic, Pro and Pro+ packages.

Continue reading to learn more about how much different types of insurance costs and their coverage limits.

General liability insurance costs 79% of our customers $76 on average per month.

It can help to protect your business from financial losses related to customer injuries, accidental damage to someone’s property and copyright infringement.

Workers’ compensation insurance median cost is $119 per month.

Workers’ compensation insurance helps to pay for medical bills and lost wages if an employee suffers an injury on the job.

Workers’ compensation coverage makes it possible for injured employees to take the time they need to recover by helping to pay for medical expenses and lost wages.

Employer liability insurance (ELI) provides additional protection for instances in which the employee decides to sue you for a workplace injury. This is in addition to the medical payments already provided by workers’ compensation. For example, an employee falls off scaffolding because the employer didn’t maintain the safety harness and the employee decides to sue for pain and suffering based on the employer’s negligence.

While in most states workers’ compensation policies include employer liability, in North Dakota, Ohio, Washington and Wyoming it can be purchased as a stop-gap coverage.

Note that the amount you can expect to pay for workers’ comp depends on how many employees you have, your payroll, how your employees are classified as well as your industry.

Commercial property insurance costs 43% of our customers between $25 to $64 per month.

Commercial property insurance can help with replacement costs or repairs to your equipment, inventory and real estate (if you own it) if damage is caused by faulty sprinklers, frozen pipes, a power surge or other covered event.

Since property insurance sets limits based on what you need in a specific situation, coverage is unique to every customer.

Tools & equipment insurance costs 43% of our customers $32 on average per month.

Tools and equipment coverage (sometimes referred to as Inland Marine insurance) makes sure your gear is protected wherever you take it. This coverage is available as an add-on to our general liability insurance for contractors and cleaning businesses.