Why Do Plumbers Need Insurance To Work In Ontario?

Plumbing is a noble profession, with plenty of job opportunities in the Ontario area. However, those opportunities do not come without exposures and risks. Plumbers operating in Ontario are without a doubt faced with a variety of risks on any given day. The slightest mishap or mistake and you could be looking at a major lawsuit that might force some small companies to shut their doors. And, the scariest part is, it doesn’t have to be you that makes the mistake. If one of your employees is responsible for the mishap, you will be responsible for the monetary damages. This is just one of the many reasons why plumbers need to make sure that they are protected with the right insurance policies.

plumbers insured under plumbing insurance policy in client home

Bidding On Municipal, Government, And Commercial Contracts

There are a lot of exciting opportunities available for plumbers in the Ontario area. Some plumbers just want to keep their business small and stick to residential work. And, there really is nothing wrong with this. However, the real money is in the commercial industry. In fact, this is where the million and two million-dollar jobs are at. That being said, before you can even bid on these types of contracts you are going to need plumbers general liability insurance coverage of anywhere from $2 to $5 million dollars. In some cases, the amount of plumbing insurance required might even be higher depending on the complexity of the job. You can checkout current and up coming jobs in Ontario, Canada at jobbank.gc.ca by clicking here.

municipal jobs from toronto for plumbers

Property Damage And Bodily Harm

As a plumber, you are going to be working in homes and businesses where other individuals will be performing specific job duties. You are going to have to work around these individuals regardless, which puts you at even more risk. No matter how careful you are there is always a chance that something will go wrong. For instance, what if you are soldering a copper pipe inside a tight space and accidentally catch half the wall on fire? What if a customer trips over your extension cord and breaks his or her arm? These are all real risks that you will be exposed to every time you do a job. If you find yourself facing a situation like this, the client is going to look to you to repair theses damages.

The right type of plumbers insurance can cover you in the exact situations. General liability plumbers insurance will not only pay for the client or client’s employee medical expenses, but it will also pay for any property damage as well. It will also offer the same protection for all your employees. If your employees find themselves in the same or similar situations, the policy will offer the pertinent protection that you need to prevent a major financial loss.

customer breaks leg after falling on plumber tool box

Hiring Subcontractors

Unfortunately, you are only a plumber and probably don’t have the skills or knowledge to do everything on your own. For instance, most pipes are hidden behind drywall or concrete walls. If one of these pipes develops a leak, you will be required to cut into the wall in order to make the necessary repairs. Sure, making the repairs might not be a problem for you, but what about repairing the wall. A customer is not going to want a big hole in their wall. This is when you will need to bring in a subcontractor to make the necessary repairs. While this professional is working under you, he or she will be exposed to the same risks. The subcontractor could just as easily damage the customer’s property or cause them bodily harm.

Luckily, this is exactly where plumbers liability insurance offers the protection you need. This type of policy will cover the subcontractor any damage caused by the subcontractor.

contractors such as electrician hired by plumbers to finish job

Protecting You Against Lawsuits

Many plumbers even find themselves in situations where they are being hassled over their work. You are probably already aware of the fact that there are some customers that you just can’t please no matter what you do. After you complete a job, a customer can easily make scrupulous claims about your work. Whether the complaints are founded or not, the customer does have the legal right to take you to court. Even if you are not found liable, the court case will tie up tons of resources. You will have to appear in court, hire a lawyer, and pay court fines.

The suit might even turn out to be so big that it financially bankrupts your company. Well, you can prevent this risk with the right insurance policies. Certain policies will not only pay for your lawyer fees, but they will pay court costs as well. There are some policies that will even cover part of the judgement in the event that you are found at fault.

plumber gets involved in lawsuit

Covering Your Company Vehicles

Plumbers don’t have the luxury of working from their home or office. They are forced to travel from job site to job site. This means that you are going to be driving a company vehicle everyday. Unfortunately, the road is a dangerous place and there are insurmountable amounts of risks on the road at any given time for every motorist, including you. You could easily hit and kill someone, someone could easily hit and kill you, or a piece of equipment could fall off your truck and damage a parked car. Your employees will be exposed to the same risks if they are driving company vehicles. This is why it is imperative to acquire a commercial auto insurance policy.

Keep in mind that if you are driving your personal vehicle back and forth as a company vehicle, your regular auto insurance policy will not offer the protection that you need. Commercial auto insurance will also be required in this situation. Commercial auto insurance offers protection in the event that you hit someone and cause them bodily harm or damage another driver’s vehicle. It will pay for the medical expenses and the repairs to the individual’s car.

Some policies that will even cover your medical expenses and repair the damage your vehicle sustains during the accident. There are even specialized policies that will pay for lost wages of employees injured in a motor vehicle accident during work hours.

plumber truck must be insured separately under auto policy