Installing, repairing, and maintaining
heating, ventilation, and air conditioning systems takes skill and precision.
Although your company works hard to mitigate risks, having the right insurance
coverage is extremely important. Minor mishaps may affect you or your crew.
Your workshop or your van could be broken into and tools and equipment stolen.
A fire could occur as a result of your work, destroying a client’s property. Or
a serious accident could occur, one that would be devastating to your life and
your enterprise. Because what you do is unique, it’s probable that the "one
size fits all” approach that most insurance companies take regarding commercial
policies may not be the best option. One of the best decisions you will ever
make for your business may be choosing customized commercial insurance coverage
for heating and air conditioning.
The Customized Advantage
You may feel that finding a broker to help
you create customized commercial insurance coverage is an unnecessary expense.
While initial costs may seem that way, in fact, this way of insuring your business
is very cost-effective. Many businesses are paying monthly for types of
coverage they will never use because they don’t apply to their particular
situation. Custom brokers can help to make your business safer, leading to
lower insurance premiums and a better workplace. And brokers can also provide
other services, such as advice and guidance through the claim process.
First, consult with a broker from a company
that can help you access customized commercial insurance coverage for heating
and air conditioning. Look for a company that has decades of experience, and
that knows the construction sector well. Your broker will take the time to gain
deep knowledge about your business and how it works. Your relationship with
your broker should be based on mutual trust: he must be able to properly assess
what you do and how to protect your business, and you must be able to trust
that your livelihood and your employees are in good hands.
It’s likely that your broker will then call
in a safety specialist to do a comprehensive risk analysis. The aim of this is
to ascertain areas where your business must be covered due to inherit risk –
but the safety specialist may also find ways in which you can reduce your
exposure to risk. This, in turn, will help to keep insurance premiums low, and
protect against accidents. This specialist will be knowledgeable about any
developments in safety, and the relevant Occupational
Health and Safety legislation and guidelines.
The policy that results will be tailored
specifically for your needs. It will include all of the coverage you need, and
no unnecessary coverage.
Reducing Risk Exposure
Installing or repairing heating or air
conditioning can be difficult; you may be under time pressure, asked to work in
irregular spaces, or working through other stressful situations. Accidents can
happen. But striving to reduce the possibility of accidents is very important
for your business. Of course, an accident that injures you, a crew member, or a
client is the worst-case scenario. But any type of accident can impact your
company’s reputation and finances.
Why not partner with an insurance broker to
help to make sure that any claims you make will be few and far between? A
brokerage that specializes in customized commercial insurance coverage for
heating and air conditioning can help you maximize safety, and give you peace
of mind.