From Risks to Readiness—How Small HVAC Contractors Protect Their Businesses with Utica First
Spring is in full swing. As temperatures rise, so does demand for HVAC services from homeowners and businesses alike. It’s one of the busiest times of year for small artisan HVAC contractors.
Whether just starting out or having run their businesses for years, HVAC contractors have to prepare their businesses for the spike in requests for their services. This means everything from hiring additional staff, purchasing more tools and equipment to working longer hours, and—more importantly—making sure they are covered.
From Risks to Readiness
One of the biggest risks facing HVAC contractor business owners is being underinsured, or worse, uninsured. Many insured owners have a set-it-and-forget-it strategy for their insurance, which can leave the business exposed to financial loss should they face the unknown. Owners should review their coverage limits yearly and assess their needs based on the current state of their businesses. Insurance coverage should be a strategic move to keep pace with the industry and growth of their businesses.
Unknown events include unintended damage to a client’s property, damaged or stolen equipment and tools, or weather-related damage to equipment staged for installation at a client’s site. Being prepared will make all the difference and keeps out-of-pocket losses and business interruptions to a minimum.
Standard Coverage
- Utica First’s HVAC coverage has standard protections that include general liability—protects a contracting business in the event that bodily injury, property damage, or personal and advertising injury occurs.
Options to Customize Coverage
- Commercial Property—protects the place where business is conducted and the items used to conduct business
- Business Income—covers the loss of income when the business cannot run because of a covered property loss
- Tools and Equipment—covers vital tools and equipment that are stolen or damaged
Commercial Umbrella Policy
In today’s litigious climate, business owners need enhanced liability protection, and Utica First is here to make that easy. Our commercial umbrella policy provides flexible options to provide policyholders with the coverage they need—the comprehensive protection of a commercial umbrella. Utica First can provide an umbrella policy up to $5 million (in $1 million increments).
Why Utica First
At Utica First, our policy is putting you first. We believe in the power of teamwork and the strength of our dedicated agent and broker partners. The Utica First team prides itself on our character and integrity, and is known for going above and beyond to help make your life easier by supporting your customers and your overall success.
Learn More
If you have HVAC contractor customers in the states of New York, New Jersey, Connecticut, Pennsylvania, Ohio, Maryland, Virginia, Florida, or Massachusetts, click here to learn more about our artisan contractor coverage for them. #UticaFirst #PuttingYouFirst
