What is Refrigeration Contractors’ General Liability?

General liability insurance for refrigeration contractors provides crucial protection to business owners in case of incidents or accidents at their locations or work sites. This coverage ensures financial security by shielding against business-related claims.

Why do I need it?

Business Protection – Refrigeration contractor liability coverage serves as a fundamental safeguard for business owners, providing protection against lawsuits arising from the following:

• Liability from Business Operations
• Liability Assumed Under a Contract
• Liability from Manufactured Products
• Liability from Company Employees

Company Compliance – Various job owners and state licensing departments typically mandate business liability insurance for refrigeration technicians before they can start their operations.

Marketing Benefits – By offering refrigeration services liability insurance, you demonstrate a commitment to responsible practices and ensure all parties’ security, providing potential clients with peace of mind. This form of contractor insurance serves as a safety net, enhancing your professional reputation and increasing your chances of winning bids.

Property Landlords – Commercial management firms frequently require proof of adequate contractor liability coverage for refrigeration technicians when securing a lease.

What does it Cover?

By offering financial protection, commercial liability insurance for refrigeration contractors covers legal defense costs and damages up to policy limits in lawsuits brought forth by third parties alleging injury or damage caused by your business.

It serves as a protective shield against unexpected expenses arising from common incidents such as:

• Bodily Injury
• Property Damage
• Products & Completed Operations
• Personal & Advertising Injury

What is a Certificate of Insurance?

When entering into a work contract, it is common for clients, contractors, and other involved parties to request a certificate of insurance to verify the existence of refrigeration contractors’ business liability insurance and the specified coverage limits.

What is an Additional Insured?

In a standard general liability policy for refrigeration contractors, an additional insured (AI) refers to an individual or entity, apart from the policyholder, that is extended coverage under the policy. This rider is widely sought and often requested.

How much is it?

When evaluating different refrigeration contractors’ general liability quotes, it is crucial to understand that the price is influenced by various factors. These include the type of work conducted, claims history, geographical location, and previous coverage.

Through a strategic alliance with reputable insurance providers, our team of professionals will diligently evaluate your business requirements and financial goals, ensuring that we pinpoint the ideal coverage options to meet your unique needs.

What are my Payment Options?

Our specialty programs provide you with multiple payment options for obtaining your refrigeration services liability policy, granting you the autonomy to select the option that best suits your personal preferences.

Full Payment Option – Pay the premium with one payment.
Direct Bill Option – Pay the monthly premium to the carrier directly.
Financing Option – Pay the monthly premium through a finance company.

Why Run with Fairbanks Insurance Brokers?

Our strength lies in construction insurance, allowing us to partner with leading providers across the nation and secure the most affordable rates on general liability insurance for refrigeration contractors. Our overarching goal is to customize coverage that aligns precisely with your unique requirements and financial goals.