How can plumbers get a certificate of insurance?
A certificate of insurance (COI) is a document that’s issued by a business’s insurance company. COIs are used to show that insurance is in place, and they’re common in many types of work. Some plumbers might find that they need to furnish a COI before a commercial customer (and less often a residential customer) will hire them.
Obtaining a COI is fairly easy. Plumbers can quickly get one by asking their insurance agent.
How much does plumbers insurance cost?
The premiums for plumbing policies can vary, but they tend to be affordable. Factors that influence costs include:
- Type of plumbing services offered
- Location of the business’s facility
- Region served by the business
- Size of the business
- Recent claims history
Still many more factors can also impact cost. For an accurate quote based on specific criteria, plumbers can talk with an independent insurance agent. An independent agent will be able to compare quotes from several companies.