Not only is it important to have plumbers insurance in Champaign IL, it’s also important for you to understand why you need plumbers insurance in the first place.
If you specialize in plumbing for new buildings, plumbers insurance can protect you in the event that a water line leaks and causes damage. If any claims are made because of the damage, you won’t have to pay out of your own pocket to cover the legal and financial fallout.
Drainage Line Damage
Plumbers who clear the drainage lines in older homes may accidentally damage pipes, which can result in a claim from the homeowner. Even if the resulting damage wasn’t your fault, a homeowner may attempt to sue you anyway. Plumbers insurance in Champaign IL ensures you have legal protection against such claims.
State and Local Requirements
The state of Illinois requires plumbers to have insurance in order to legally operate their businesses. Even if you weren’t required to have insurance, taking out a policy can make it easier for you to find general contractors and customers who are willing to work with you. Insurance is just as much to their benefit as it is yours.
No matter how experienced or educated of a plumber you are, there’s always a chance that something can go wrong. Protect yourself and your business against the worst with a quality plumbers insurance policy.