As a business owner, handling an insurance claim is far from something you look forward to. It’s typically a stressful, confusing, and detailed process dealing with these claims, and throughout the whole ordeal you just want to get back to running your HVAC business like normal. While things happen and sometimes filing a claim becomes inevitable, there are steps you can take to avoid some common HVAC business insurance claims.
Property Damage Claims Are Common For HVAC Businesses
One of the most frequent insurance claims for HVAC businesses are claims for property damage. Typically. These happen when you accidentally damage a client’s home or property while you are completing your HVAC work. For example, this could be accidentally putting a hole in a wall when taking out ductwork, knocking down a door trying to carry large equipment inside, or even simpler things like knocking valuable items off a shelf with a ladder. Of course these incidents aren’t life-threatening or harmful, but your business could likely be left footing the bill for these damages, and depending on the cost of the damage, could leave you dealing with the insurance company to get paid back. HVAC businesses can avoid making this insurance claim by just working just a bit more carefully, being aware of their surroundings, and moving valuable items out of the work area prior to getting started.
HVAC Businesses Commonly Face Workers’ Compensation Claims
It’s no secret that working in HVAC comes with many safety risks. But when your employees get injured on the job, it can result in a lengthy process for you with your insurance company. Workplace injuries for your team can result in you having to pay for their medical bills, and getting your insurance to pay you back can be a hassle. Avoid this HVAC business insurance claim by having strict safety measures in place for your team, making sure everyone wears the proper protective gear, and any injuries are taken care of right away before they are left alone to get worse.
Commercial Auto Claims Can Hold HVAC Businesses Back
If you’ve ever gotten into a car accident, you know that the claim process can be a difficult one. Unfortunately, when it comes to accidents in your commercial vehicle, things can get even trickier. The best way you can avoid commercial auto insurance claims for your HVAC company is to drive safely and make sure that only approved drivers are driving company vehicles at any time. However, even if you are not at fault for an accident, you could still be the one making the claim with the insurance company. To make this much smoother, make sure that you have quality coverage that will take care of most or all expenses, and potentially look into policies with perks like rental cars. If you are going to have to deal with insurance, you might as well have everything covered to ensure it will only cost you extra time, not extra money as well.
HVAC Businesses Should Be Aware Of Claims For Tools & Equipment
When equipment gets lost or stolen, many times through no fault of your own, its an even bigger problem because not only do you need that equipment back, but you can’t start work without it. Dealing with claims for stolen or damaged equipment can be tougher when you have to prove that the loss was not due to any negligence. Avoid this insurance claim process by securely storing tools when not in use, and keep consistent documentation about any damage noticed on tools and equipment.
Let Strickler Handle All Of Your HVAC Business Insurance Needs
When you are running your own HVAC business, you don’t want to spend days handling insurance. That’s why you should trust Srickler Insurance to take care of all your insurance needs. We can help you get all of the coverage you need, whether that’s general liability insurance, workers’ compensation coverage, commercial auto insurance policies, and more. As an independent agency, our goal is to get the best coverage for your business at the best price and to make dealing with insurance as easy as possible for you.
Don’t get hung up with all of the common insurance claims for HVAC businesses. Contact Strickler Insurance to have your HVAC business insurance taken care of, keeping you ready to do what you do best.
