Swimming Pool Contractor Insurance

The swimming pool installation and maintenance industry can be lucrative, but the work comes with potential risks. Should a pool-related accident be traced back to a contractor, the swimming pool contractor might be held financially responsible for any property or injuries that occur. Swimming pool contractors insurance helps protect contractors that install and maintain swimming pools from many of the possible risks they’re exposed to. Swimming pool contractors insurance policies are uniquely designed to meet the insurance needs of contractors that install residential and/or commercial swimming pools. Most policies provide a host of coverages that can be adapted for a specific contractor’s needs.

Since policies can frequently be adjusted to meet a contractor’s needs, the exact coverages they provide can vary. Nevertheless, there are a variety of property and liability coverages that many policies include as either standard or optional protections. Some of the property coverages that policies might offer include: Commercial property coverage, which might protect buildings, equipment, and supplies that are on property a contractor owns; inland marine coverage, which may protect equipment and supplies while they’re being transported to and from job sites; extra expenses coverage, which might offer financial resources to pay for renting a commercial space if a contractor’s facility is rendered unusable by a covered incident; and equipment breakdown coverage, which may pay to have equipment that breaks during a covered incident repaired or replaced. The liability coverages that come with a policy may include: General liability coverage, which is used in many industries to protect against a host of general risks; umbrella liability coverage, which is a supplemental form of liability protection; and pollution coverage, which may be necessary when working with pool chlorine, hypochlorite, muriatic acid, or other pool chemicals. Most swimming pool contractors also need commercial auto insurance, which itself typically offers a combination of property and liability auto coverages. commercial auto insurance is sometimes purchased through a swimming pool contractors policy, and sometimes it’s obtained as a stand-alone policy.

Swimming pool contractors policies generally don’t offer workers compensation insurance, health insurance, life insurance (for business owners), or disability insurance. These coverages usually have to be purchased through separate policies.

Most contractors who install, service, or repair swimming pools ought to consider purchasing swimming pool contractors coverage. Even companies that don’t excavate land and install pools can still benefit from many of the protections that these policies provide.

As is the case with most types of insurance, the cost of swimming pool contractors coverage varies a lot. Premiums are based on many different factors, such as what type of work a swimming pool contractor does, where a contractor’s business is located, whether a contractor has filed claims in the past, how many employees a contractor has, what type of equipment a contractor owns and uses, and what coverages and limits a policy includes.