HVAC Contractors Prepare for the What-ifs with Utica First
As fall settles in with its crisp air and changing leaves, the busy season is just getting started for small HVAC contractors. This means a spike in service calls and maintenance appointments as customers turn their attention from cooling units to furnaces, requiring inspections, preventative maintenance, repairs, or replacements.
Whether just starting out or having run their businesses for years, HVAC contractors have to prepare for this uptick in business. This includes ordering equipment and parts, scheduling technicians, maintaining service vehicles, and ensuring they have all the necessary tools and equipment to handle the heavier workload.
Preparing for the What-ifs
An increase in business also means an increase in the risk of a what-if occurring. Small HVAC contractor work may take place in homes and small commercial buildings, or on construction sites, rooftops, and other locations. They also work with electrical systems, fuel sources, refrigerants, gas lines, combustion equipment, tools, ladders, and heavy equipment. All this comes with risk—even routine work can result in an unexpected accident or property damage.
The biggest risk facing HVAC contractor business owners is being underinsured, or worse, uninsured. Many insured owners have a set-it-and-forget-it strategy for their insurance, which can leave the business exposed to financial loss should they face an unexpected claim. Owners should review their coverage limits yearly and assess their needs based on the current state of their businesses. Insurance coverage should be a strategic move and keep pace with the industry and growth of their business.
Standard Coverage
- Utica First’s HVAC coverage has standard protections that include general liability—protects a contracting business in the event that bodily injury, property damage, or personal and advertising injury occurs.
Ways to Customize
- Commercial Property—protects the place where business is conducted and the items used to conduct business
- Business Income—covers the loss of income when the business cannot run because of a covered property loss
- Tools and Equipment—covers vital tools and equipment that are stolen or damaged
Commercial Umbrella Policy
In today’s litigious climate, business owners need enhanced liability protection, and Utica First is here to make that easy. Our commercial umbrella policy offers flexible options to provide policyholders with the coverage they need—the comprehensive protection of a commercial umbrella.
Utica First can provide an umbrella policy up to $5 million (in $1 million increments).
Why Utica First
At Utica First, our policy is putting you first. We believe in the power of teamwork and the strength of our dedicated agent and broker partners. The Utica First team prides itself on our character and integrity, and is known for going above and beyond to help make your life easier by supporting your customers and your overall success.
Learn More
If you have HVAC contractor customers in the states of New York, New Jersey, Connecticut, Pennsylvania, Ohio, Maryland, Virginia, Florida, or Massachusetts, click here to learn more about our artisan contractor coverage for them. #UticaFirst #PuttingYouFirst
