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Are you a plumbing contractor, HVAC contractor, or both? We can fix the leaks in your coverage.

HVAC Insurance

HVAC Insurance

Surety Bonds

Surety Bonds will be important for your business as you enter into new contracts. Your business will likely enter into a contract that requires you to guarantee satisfactory completion of a project. These types of bonds are commonly used in the construction and repair of homes and commercial properties, and typically cover the payment of labor and materials that you committed to fulfill as part of your contract. If your business becomes insolvent and can no longer pay for your employees to complete the job, or pay for the materials to finish the job, your surety bond will compensate for the monetary loss. Whether you are very familiar with surety/performance bonds, or just learning about them for the first time, our team of Contractor Insurance Specialists can help you find the bond necessary to execute your new contract.

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General Liability Insurance

General Liability Insurance is a key coverage for HVAC contractors, protecting against common risks that can arise during installation, repair, and maintenance work. It covers bodily injury, such as a client or third party being injured on a job site, as well as property damage caused while working on heating, ventilation, or air conditioning systems. This can include accidental damage to walls, ductwork, or electrical components during service. It also helps cover legal expenses, settlements, and judgments if a claim is made against your business.

In addition, general liability insurance may include coverage for personal and advertising injury, protecting against claims such as libel or slander related to your business operations. With HVAC work often performed in occupied homes and commercial buildings, this coverage helps ensure your business is protected from unexpected incidents during daily operations.

Tools & Equipment Insurance

Tools and Equipment Insurance is essential for HVAC contractors who rely on specialized and often expensive equipment to perform their work. From gauges and diagnostic tools to compressors and portable units, damage, theft, or loss of equipment can disrupt operations and lead to costly delays. This coverage helps repair or replace essential tools, whether they are stored on-site, in transit, or at a job location.

This policy ensures that your business can continue operating even after unexpected setbacks involving your equipment. In an industry where efficiency and responsiveness are critical, having coverage for your tools and equipment helps minimize downtime and keeps your projects on track.

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Watch the short video to learn more!

What are my potential risks?

You might specialize as a furnace or boiler mechanic, installer and repairer of air conditioning and ventilation systems; you might be a local handyman, or just thinking about starting your own business. You trained diligently to learn your trade and every day you are faced with fierce competition by other contractors who try to underbid your proposals by cutting corners. Your customers know you as an honest, thorough and dependable resource when services such as the ones you provide are needed. You look forward to the day when your business name is renowned in your local community, and you can wake up to new referrals and well paid jobs each day. But what if you get sued by a General Contractor for allegedly defaulting on your contract, or while wrapping up on your most recent job, an employee is seriously injured by an electrical burn and your business doesn’t have enough coverage to pay for the medical expenses. Serious accidents happen, and when they do, you want to know your insurance advisor prepared you for such disaster situations. As you take on new contracts and your business gets more complicated, ask yourself, “What sort of calamities could flush my business down the drain?”
You wake up to your phone ringing; a general contractor is screaming through the phone claiming all of the contractors on his job site are getting sued by the project owner for hundreds of thousands of dollars. You jump out of bed, grab your keys and speed off in your truck to see what has happened. As you pull up to a major intersection, the car in front of you stops short and you slam into the back end of a minivan. You quickly exchange your information with the driver, who says she’s driving to the hospital next to get her sore back checked for injury. As you pull up to your jobsite, you notice the house has ruptured in one corner and a burst pipe is gushing water all the way down to the $20,000 AC unit installed just the day before. The property owner is furious and the general contractor explains that his best estimate of the damage is nearly $300,000 and resulted from faulty installation by one of your employees. Worse yet, the homeowner claims the damage caused at least another $200,000 in damage to her antique furniture, artwork, and custom cabinetry. After a quick phone call, you discover from your agent that your policy has cancelled because your office manager forgot to pay the last bill. You may have to cover this catastrophe out of pocket, and your business will have to shut down indefinitely while you sort out this mess. Could you have prevented this disaster by having a trusted advisor prepare you for this huge financial blow? Plumbing and HVAC Contractors experience these disasters every day resulting in business failure and bankruptcy. As a contractor, you want your fellow contractors and customers to have faith in you and your business, while you work hard to secure new contracts. Boynton Insurance Group has been in business since 1919, and our Professional Plumbing and HVAC Services Program will provide you with a review of your coverage needs and allow you to discover affordable insurance options especially for your business.

Your goal as a business owner is to keep your employees happy and, in turn, keep your business running smoothly.

At Boynton Insurance Group, we understand that necessity. Our representatives are here to help you create an insurance package that fits your business’s needs. Call today to set up a consultation.

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Boynton Insurance Group will help your business identify critical insurance risks and provide solutions for managing and transferring those risks. We can help you professionally respond to the insurance requirements of those contracts you hold with your clients. Our agency can provide various types of insurance for your business, including Workers Compensation, Property & General Liability, Electronic Equipment, Crime Insurance (including 3rd party), and more. A careful and customized review of your current coverage, business operations, and plans for future business development can help you gauge your business' particular risks. Our Technology Insurance Specialists are ready to guide your business with personal consultation and a carefully tailored insurance package.

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