HVAC Dealer Insurance

Insurance is a crucial investment for HVAC dealers, offering protection against various risks that can impact their operations, finances, and reputation.

Having the right insurance coverage ensures that the business can weather challenges and continue to provide quality services for clients.

Choosing the right insurance agency is the most critical part of the process. You want an agent that understands your business and can offer expert advice.

Here are a few reasons why partnering with the best insurer for your HVAC dealer insurance makes sense:

Specialized Knowledge of the HVAC Industry

The best insurance agents have experience working with dozens of HVAC contractors. They understand the equipment you use, the services you provide, the risks you face, and how to insure you properly against such challenges and risks.

When you work with the best in the insurance industry, you can trust their recommendations tailored to help protect HVAC businesses.

They Shop Multiple Carriers to Find the Best Rates

Rather than work with a single insurance carrier, the best agents have access to a network of top commercial insurance companies. That is what The Allen Thomas Group provides as an independent insurance agency.

This allows them to compare plans and negotiate the most competitive rates for your business. You get the right coverage at the best price for your small business.

Local Agents Who Work for You

We are with you no matter which systems you sell including:

• Trane
• Carrier
• Lennox
• Goodman
• Rheem

The best HVAC business insurance providers have a local base and are always available to answer your questions, walk you through policies, and provide hands-on support.

You’ll get 24/7 support and work with humans, and not machines.

Comprehensive Business Insurance Options

You can expect all the insurance products your HVAC company needs in one place. This includes general liability, commercial auto insurance, equipment coverage, workers’ compensation, E&O insurance, commercial property, and more.

Top insurance carriers are always available to select the best insurance products and create a customized bundle, taking into consideration all of your requirements, the size of business, and potential risks and challenges facing your business.

Running an HVAC company comes with an array of risks. We recommend some key insurance coverages to adequately protect your business dealing with air conditioning, heating units, and similar tools and equipment.

 General Liability Insurance 

General liability coverage protects against third-party bodily injury and property damage claims. It covers both legal defense costs and court judgments up to the policy limit. It is crucial for an HVAC dealer if a customer ever sues for injury or property damage. With this insurance, you won’t be charged to make payment for third-party losses. Your insurance will take care of that.

 Commercial Auto Insurance

Covers collision, theft, and liability for your company vehicles. It is required by law in most states if you have vehicles registered for your business. With business vehicle insurance, you are shielded if a driver gets into an accident while on the job. Get the comfort and peace of mind that the vehicles carrying your goods are safe.

 Equipment Coverage / Inland Marine

Protects HVAC equipment like compressors, pumps, and generators from damage or theft – whether on or off premises. With tools and equipment coverage, you are covered for any loss of income if the equipment fails. 

 Workers’ Compensation Insurance

Covers medical bills, legal fee, and lost wages for employees and technicians injured on the job. It is required in most states as a protection for labor. Workers comp shields your business if a worker gets injured on the worksite and pays for their medical expenses, which could be very expensive if you pay out of pocket.

 E&O / Professional Liability

Protects against financial loss from property damage or bodily injury resulting from a service error. Lawsuits can be quite costly if a third party files a case against you for negligence. E&O provides a safety net.

 Cyber / Data Breach Insurance

Covers costs related to a data breach, including customer notification, credit monitoring, legal costs, and PR. Cyber liability insurance has become crucial as HVAC systems become more high-tech. 

 Commercial Property Insurance

 Protects your office, warehouse space, inventory, and equipment from damage or loss caused by natural or manmade events, such as fire, wind, and hail. This type of coverage ensures business continuity if disaster strikes.

 Business Income / Extra Expense

Covers income lost due to suspended operations from a covered loss like fire. It also covers unexpected expenses above and beyond normal operating costs.

That means if you obtain this coverage, you don’t have to worry about a lack of cash flow if you can’t operate.

This broad suite of policies provides end-to-end protection for all aspects of your HVAC business. Our agents walk you through each option to build a customized plan.