Plumbing Insurance in Minnesota

Hi there! Are you looking for Plumbing Insurance in Minnesota?

If you are a plumbing contractor in Minnesota, your search is over. We compare numerous top-rated insurance companies, making it easy for you to make an informed decision. Our Minnesota-based insurance agency also writes Minnesota plumbing bonds and mechanical bonds.

Your plumbing business should have both a plumbing bond, and a mechanical bond is needed if you touch a gas line (water heaters).

Let us help you get connected to the right plumbing contractor’s insurance by completing our (short) online form or calling us at 952-222-8073.

Plumbers across Minnesota are glad they found us and don’t look back. We help guide plumbers to quality coverages and deep savings.

Our office handles commercial and residential plumbing insurance & get this; we are located here in Minnesota!

We are blessed to have clients from all over Minnesota, like St. Paul, Minneapolis, Rochester, Lakeville, Bloomington, Eagan, Brooklyn Park, Duluth, Plymouth & Coon Rapids.

Feel free to ask any questions, they are always free.

Please provide your information once, let us shop for you. Make us the first and last call for your Minnesota plumber’s liability insurance.

Ready to buy insurance? Complete our simple online form (it takes a couple of minutes). Or, if you prefer to get your plumbing contractor’s insurance, call us at 952-222-8073.

Insurance protects plumbing businesses like yours from risks and potential liabilities. It typically includes several vital coverages:

1. General Liability Insurance: This covers third-party bodily injury (BI) claims, property damage (PD) claims, and personal injury (PI) claims that might occur because of your business operations.
2. Commercial Property Insurance: This protects your business’s physical assets, such as tools, equipment, and office space, from damage caused by events like fire, theft, or vandalism.
3. Workers’ Compensation: Minnesota law requires most employees to be covered by workers’ compensation insurance. This is also essential for covering your employees should they get injured or suffer an illness or disease.
4. Commercial Auto Insurance: Many businesses use vehicles, and commercial auto insurance is required by Minnesota law. The required coverages are bodily injury, property damage, PIP (personal injury protection), and uninsured and underinsured motorists. Comprehensive, collision, towing, and rental reimbursement are optional coverages.
5. Professional Liability Insurance: Often referred to as Errors and Omissions (E&O) insurance, professional liability insurance covers negligence or mistakes in your services.

Plumbing Insurance Coverage

The specific coverage you need depends on several factors, such as the size of your business (gross sales), the number of employees, the types of projects you work on, and the equipment you use. For instance, you might need more extensive coverage if you often use expensive equipment or have several employees.

Cost of Plumbing Insurance in Minnesota

The cost of insurance coverage can vary depending on these factors. For a small to medium-sized plumbing business, general liability insurance might range from $500 to $1,500 annually. Other coverages like workers’ compensation and commercial auto insurance will add to this cost, depending on your specific needs. I can get you a more accurate quote once we review some details about your business.

What benefits will I get from having plumber insurance?

Having the right insurance provides several key benefits:

• Financial Protection: It helps cover the enormous costs of claims and lawsuits, which can be financially devastating.
• Peace of Mind: Knowing you’re covered lets you focus on running your business without worrying about potential risks.
• Compliance: It ensures you meet state regulations, especially regarding workers’ compensation.
• Professionalism: Insurance can enhance your reputation and credibility with clients, showing them you are a responsible and professional business.

Importance of Plumbing Insurance 

Plumbing insurance protects your business from the financial consequences of unforeseen incidents and legal claims. It helps cover the costs associated with accidents and damage and enhances your business’s credibility by showing clients that you are professionally insured.

Contact Us for a Quote 

Please tell us about your Minnesota plumbing business and insurance needs. We are here to help you.

We put a customized plan, so you only pay for what you need.

Request your Minnesota Plumbers insurance quote now! Do yourself a huge favor & call us at  952-222-8073 immediately or use our quick quote form. 

Frequently Asked Questions (FAQs) About Plumbing Insurance in Minnesota

1. What is plumbing insurance?

• Plumbing insurance is a business insurance designed specifically for plumbing contractors and companies. It provides various risks and liabilities associated with plumbing work, including property damage, bodily injury, and professional mistakes.

3. Why do plumbing businesses need insurance?

• Plumbing businesses face various risks, including accidents, property damage, and liability claims. Insurance helps mitigate these risks by covering losses. The Minnesota Department of Labor & Industry requires general liability insurance to be licensed.

4. How much does plumbing insurance typically cost?

• The cost of plumbing insurance can vary based on factors like the size of the business, the number of employees, and the specific coverage needed. General liability insurance might range from $600 to $1,500 annually for small to medium-sized companies, with additional costs for other coverages.

5. Is work compensation insurance mandatory for plumbing businesses in Minnesota?

• Yes, work compensation insurance is mandatory for most businesses in Minnesota. It provides medical benefits to employees who suffer work-related injuries, illnesses, or diseases.

6. Can I bundle different types of insurance for a better rate?

• Yes, insurance companies often offer bundled packages that combine various coverages, often at a reduced rate. Bundling can simplify insurance management and provide comprehensive protection for your business.

7. What should I look for in a plumbing insurance policy?

•  Ensure the policy covers all key risks relevant to your business.

8. How do I file a claim if something goes wrong?

• Start by consulting your agent or company as soon as you can. Provide detailed information about the incident, including the claim’s date, time, nature, and supporting information. You will be given a claim number, and an adjuster will reach out and guide you the rest of the way.

9. Are subcontractors covered under my insurance policy?

• Coverage for subcontractors depends on the specific terms of your policy. Some policies may cover subcontractors, while others require them to carry their insurance. It’s essential to clarify this with your insurance provider.

10. How can I lower my plumbing insurance cost?

• Your cost can be lower by maintaining a good safety record, implementing risk management practices, choosing higher deductibles, and bundling different types of insurance. Additionally, participating in professional associations and continuing education can sometimes qualify you for discounts.