3 Reasons Plumbers need Workers’ Comp Insurance

December 14, 2022

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As with any other industry, investing in workers' compensation insurance to protect your plumbers is a must. Without a policy in place, you may find yourself dealing with bills regarding medical care, lost wages, lawsuits, and even funeral expenses. 

This can be stressful and intimidating to think about, but getting ahead of potential issues should be your top priority. Accidents happen; finding ways to safeguard your employees and your business can save you in the long run.

Here are four reasons you need insurance for your plumbing business: 

1. Accidents are Expensive

Slips and falls. Extreme temperature injuries. Sight and hearing loss. These are all potential injuries that could occur on a plumbing job. 

If your employee gets hurt while working, you could find yourself paying out of pocket for medical bills, as well as the wages they’ll lose while on leave. You may also have to pay for legal assistance and protection from lawsuits if the situation gets out of hand.

When comparing plumbing insurance costs to these expenses, the latter may be more significant and unexpected. Investing in a workers' compensation policy now can save you money in the long run. 

2. Grow your Business

If you want to grow your business, you want to create a contract that employees are excited to sign. Having workers' compensation insurance in place is a simple way to show that your organization takes workplace injury seriously and will have your employees’ backs in the event of an incident.  

When an employee gets into an accident on the job, the last thing they want is the business owner to come at them with demands and legal trouble. Instead, they want you to be understanding, fair, and helpful. If an accident occurs and an employee gets injured, they should feel comfortable and confident that you will be an advocate and have the means to support them during recovery.

3. Peace of Mind

The last thing you want to worry about is dealing with an injured employee's lawsuit, especially if there’s a chance that it can wipe out your business and keep you from meeting those bottom line goals. Protecting your employees with a workers' compensation policy doesn’t only give them peace of mind - it can help you feel at ease as well. 

Here’s a bonus one!

4. Win Bigger Contracts 

Many of the bigger (and better paying) jobs require their contractors to have their own workers’ compensation policies. They will not let anyone work on their job sites without presenting a certificate. If you have a workers’ comp policy in place, you can quickly and easily submit your bid and win the contract!

Find Plumbing Contractors Insurance from Kickstand

Are you ready to protect your plumbing company and your dedicated employees? Kickstand Insurance can set you up with a plumber insurance policy by offering an instant, accurate quote for your coverage. In fact, we can issue your insurance certificate 24 hours after you choose your policy. It’s that simple!

Protecting your business and employees should always be at the top of mind. Learn more about how Kickstand Insurance can help you today. 

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