Refrigeration Contractor Insurance

As a refrigeration contractor, having the right refrigeration contractor insurance is vital for protecting your business from various risks associated with the trade. This insurance typically covers liability for bodily injury, property damage, and other risks that you may encounter while installing, maintaining, or repairing refrigeration systems. Under this class code, a refrigeration contractor is responsible for tasks related to plumbing, heating, and air-conditioning systems, which also include refrigeration units in commercial and residential settings. The insurance ensures that you are covered in the event of accidents or damages that could occur during your work.

General Liability

Auto Insurance

Workers Comp

Tools Coverage

Bond

As a refrigeration contractor, here’s what you can do under this classification

Install and repair refrigeration units for residential and commercial properties.
Perform maintenance on refrigeration systems, including cleaning and replacing components.
Conduct inspections and diagnostic checks on refrigeration units.
Design and implement refrigeration solutions for custom needs.
Work with commercial refrigeration systems, such as walk-in coolers and freezers.

Here’s what cannot be done under this class code

Roofing
Electrical work (beyond connecting to existing electrical systems)
Excavation work
Structural framing
Painting and decorating
General carpentry
Plumbing
HVAC

Business Owner’s Policy (BOP)

Coverage: Combines general liability and property insurance into one package. Covers bodily injury, property damage, and loss of business income.
Importance: Provides comprehensive coverage tailored to small businesses, simplifying your insurance needs.

Business Auto Insurance

Coverage: Covers vehicles used for business purposes, including trucks and vans used to transport refrigeration equipment.
Importance: Essential for protecting your vehicles and employees while on the job, covering damages and injuries resulting from accidents.

Surety Bond

Coverage: Ensures contractual obligations are met, covering losses if the contractor fails to fulfill the terms of a contract.
Importance: Builds trust with clients and is often required for large projects or by local regulations.

Workers' Compensation

Coverage: Provides medical benefits and wage replacement for employees injured on the job.
Importance: Mandatory in most states, this coverage is critical for protecting both your employees and your business.

Excess Liability Insurance (Umbrella)

Coverage: Provides additional liability coverage beyond the limits of your primary policies.
Importance: Safeguards your business against large claims that could exceed the coverage limits of your other policies.

Refrigeration Contractor Claim Examples

Bodily Injury

- Example: A customer slips on a wet floor near the refrigeration unit you were servicing and sustains injuries.
- Coverage: General liability coverage would handle medical expenses and legal fees.
- Importance: Helps you avoid significant out-of-pocket expenses and protects your business reputation.

Property Damage

- Example: While installing a new refrigeration unit, a contractor accidentally damages the flooring of a commercial kitchen.
- Coverage: Covers repair or replacement costs for the damaged property.
- Importance: Ensures that such accidents don’t become a financial burden on your business.

Business Interruption Loss

- Example: A fire at your workshop forces you to close temporarily, resulting in lost income.
- Coverage: Business interruption insurance would cover the lost income during the period your business is closed.
- Importance: Helps maintain cash flow during unexpected closures, ensuring your business can recover.

Business Personal Property Loss

- Example: Your tools and equipment are stolen from a job site.
- Coverage: Covers the cost of replacing the stolen items.
- Importance: Prevents equipment theft from derailing your operations and helps you continue work with minimal disruption.

How Much Is Refrigeration Contractor Insurance

The cost of refrigeration contractor insurance depends on several factors, including the size of your business, the specific services you offer, the value of your equipment, and your location. Below are some coverage options we may be able to offer to suit your needs:

Q&A for Refrigeration Contractor Insurance

We’re big believers in keeping things simple, so ask us anything and we’ll answer honestly and without the jargon.

How to get a certificate of insurance?

Once you purchase an insurance policy with us, we will email your certificate of insurance. This certificate serves as proof of your coverage and can be provided to clients or regulatory agencies as needed.

How soon can I get refrigeration contractor insurance?

The buying process can take less than 15 minutes. Once you've selected the coverage you need and completed the necessary forms, your policy can be issued almost immediately.

What to know before buying refrigeration contractor insurance?

Obtain all your insurance requirements from your contractors, subcontractors, vendors, clients, state or local government office, or whoever wants to check your insurance, before you purchase this insurance. This ensures that all your requirements are addressed and you’re fully compliant.

Can I change my policy?

It depends. For example, you can make changes to your address or contact information, and in some cases, adjust coverage limits. It’s best to contact your agent to discuss any changes you may need.

How to prevent job site accidents?

Specialized Training: Ensure you’re trained in both welding and refrigeration systems, including safety protocols.
Wear Complete PPE: Use welding helmets, gloves, flame-resistant clothing, and respirators when needed.
Check Equipment: Regularly inspect both welding and refrigeration tools for any damage or leaks.
Ventilation is Key: Work in well-ventilated areas to avoid inhaling fumes from welding and refrigerants.
Refrigerant Safety: Handle refrigerants carefully, and ensure proper containment to prevent exposure.
Fire Risk Awareness: Keep flammable materials away and have a fire extinguisher ready at all times.
Ground Your Tools: Ensure welding equipment is properly grounded to avoid electrical shocks.
Protect Your Eyes: Use the correct welding helmet with an appropriate lens shade to shield your eyes.
Prevent Cross-Contamination: Avoid mixing welding materials with refrigerants or oils that could create hazards.
Inspect Work Area: Before starting, check for potential hazards related to both welding and refrigeration systems.