Pool Contractor Business Insurance

The pool construction and contracting industry, like many other industry sectors, has its high share of risks annually. Due to the nature of the work being performed, it is not uncommon for pool contracting professionals to encounter claims stemming from workplace injuries, property damage due to work performed, or other associated risks. Professional pool construction and maintenance companies should always carry the proper insurance to protect themselves from these incidents. Without the right coverage, claims of this nature ultimately can destroy even the largest pool contracting businesses.

General liability is the most essential pool contracting insurance coverage a pool professional should have for their day to day operations. General liability coverage will protect your business in the event a bodily injury or property related claim arises from your work. Workers’ Comp insurance is also necessary if you have employees, regardless if they are full-time or not. A commercial auto policy will protect your vehicle fleet by providing coverage that a personal auto policy normally will not be able to meet. Whether you’re based from home or have a physical office location, commercial property insurance will not only cover the building location, but also provides insurance on the pool construction and maintenance tools or equipment you have stored there. An inland marine policy will protect any of the pool equipment you are transporting to and from jobsites.

The amount of insurance you carry is largely driven by the type of work you do and the size of your operation. For residential work, homeowners will be more comfortable with a pool contracting business they know has adequate insurance coverage. It is best to have more insurance than you feel is needed because in the unfortunate event a claim occurs, you don’t want to risk your business you spent years building.

Pool contracting business insurance cost varies from company to company. There are several factors that influence the cost of insurance, ranging from the size of your business, the assets you want to protect, and the area you work in. Additionally, pool business insurance costs may be higher depending on the type and scope of the work your business performs. If your pool contracting company generally undertakes higher risk work or utilizes heavy equipment (such as diggers or excavators), you are likely to see a higher premium cost because of the higher rate of exposure your business faces.

The most common claims seen by pool contraction insurance companies vary from property or bodily injury due to work performed, commercial vehicle accidents, and workers’ compensation claims from work related injuries. The most common accidents pool contracting and maintenance professionals encounter in their work range from transportation-related injuries or equipment related injuries.

In the event of a pool contracting or maintenance related incident caused by your work, the first step is to document the incident in as much detail as possible. Make note of who was involved, the work being done when the incident occurred, and any injuries or damage that occurred. Next, contact your pool business insurance carrier to report the incident and provide them with as much detail as necessary. As a PoolPro client, you’ll be able to utilize our expert claims center to help you manage your claims and ensure your business continues operating without interruption.

PoolPro offers every client premier service they need to keep their operations running. Our approach is to provide you with the coverage and protection you want and expect from your pool business insurance. Additionally, PoolPro helps you to reduce claims by providing access to our world class risk management services, expert claims assistance, and more. With over 30+ years of industry experience, PoolPro knows exactly what pool contracting professionals need out of their insurance coverage.