Plumbing Contractor Workers Compensation

Plumbing Contractor Workers Compensation
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How Much Is Workers’ Compensation Insurance?
In order to meet state requirements, plumbers usually need to have Workers’ Compensation Insurance as soon as they hire employees. When an employee is injured on the job, Workers’ Comp (also called Workman’s Comp) pays for their medical bills and covers some of their wages (if they are unable to work).
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Workers’ Comp Insurance for small plumbing businesses typically costs $3,020 to $6,275.
Name | USD |
---|---|
Median policy premium: | $3,020 – $6,275 |
Per claim limit: | $100,000 |
Median policy limit: | $500,000 |
Median policy deductible: | None |
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To see how the cost of Workers’ Compensation Insurance for plumbers compares with other industries, visitAmeriAgency’s Workers’ Compensation Insurance Cost Analysis .
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Other Basic plumbing insurance coverages:
- General Liability: A fundamental business liability coverage that protects plumbing contractors against lawsuits and other financial challenges resulting from accidents or mishaps. For example, being held legally liable for flooding a customer’s kitchen because of your negligence.
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- Commercial Auto: Vehicles used to travel to job sites or transport supplies such as pipes, faucets and plumbing tools, usually need commercial coverage. Typical auto policies generally have coverage limitations or exclusions for vehicles used for work purposes. We insure various types of vehicles and trailers common to plumbers.
Click Here Now Or Call AmeriAgency At 888-81-5572 To Start Saving Up To 27% On Plumbing Contractor Workers Compensation
Plumbing Contractor Workers Compensation
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