HVAC Distributor Business Insurance West Chester, OHHVAC DISTRIBUTOR BUSINESS INSURANCE

Heating, Ventilation & Air Conditioning

Serving the heating, ventilation and air conditioning tradesman within your marketplace is what you do best.  That is why it is important for you to have an equal in your insurance protection.  Our HVAC Distributor Business Insurance protection is comprehensive coverage built onto the back of our business owner policy (BOP) foundation and it provides great coverage at the least possible cost.  When your business is even larger than the small to medium sized businesses best suited for our BOP program, we offer the larger enterprises our commercial package policy program (CPP) with similar pricing and policy construction.  When we can use the BOP for HVAC Distributor Business Insurance clients we get to use our most efficient and cost effective policy option to aid your bottom line. Because we are able to place and qualify your business in a less costly Business Owner Policy classification we can save you money without compromising coverage while keeping it simple and effective.

The HVAC Distributor Business Insurance policy language has been carefully written to provide comprehensive insurance for distribution business owners including those with multiple locations.  We know that our HVAC Distributor Business Insurance policy will be an excellent policy choice for your business needs.  Our BOP coverage for wholesalers and distributors is ideal for the variety of property and liability exposures inherent in the products you sell and services you provide.

HVAC Distributor Business Insurance needs are similar to many other product distribution businesses that provide products for sale in a retail setting.  In our BOP we include comprehensive general liability and business property coverage as a start and can add the other various coverage parts that you need for your business operations.  Our BOP coverage is thorough and protecting you with solid protection is what you are after.  Our HVAC Distributor Business Insurance package provides an effective shield of protection for the property and liability and the intangibles of being in the distribution business.  We can write HVAC Distributor Business Insurance on either a single locations or multiple location basis but this policy is designed for small to medium operations.  This class of business tends to be freely underwritten on the primary classification and the typical points of emphasis from underwriter are the maintenance and condition of facilities along with prior loss history and respectable financial success.

The HVAC Distributor Business Insurance policy we write for distribution and wholesale businesses are rated primarily on total receipts but good overall facilities management is a minimum requirement to maximum discounts.  Typically we include many of the following coverage and options but these are your choices to make. Basic general liability and property insurance is included automatically:

Liability – HVAC Distributor Business Insurance Policy

  • Bodily Injury and Property Damage, Premises Liability
    • Limits available up to $2,000,000/$4,000,000
  • Personal Injury and Advertising Liability Coverage
  • Coverage on your premises or wherever you do your work
  • Employment Practices Liability Insurance
  • Fellow Employee Coverage
  • Host Liquor Liability
  • Non-owned Watercraft
  • Hired and Non-Owned Auto Liability
  • Products and Completed Operations Liability
  • Employee Benefits Liability
  • Ohio Stop Gap Liability Insurance
  • Cyber Insurance – Data Breach, Cyber Extortion
  • Electronic  Data Liability Coverage

Liability insurance protects against the tort of negligence in the HVAC Distributor Business Insurance policy.  The tort of negligence is a breach of duty that is derived from common law principles that have evolved through decades and even centuries of recorded decisions about our relationships with one another including situations involving HVAC Distributor Business Insurance clients.  You also have an exposure to product defects and the injuries these defective products may cause.  As a vendor avoiding these kinds of product losses requires you to maintain constant vigilance on the products you sell to avoid the implication that you are just as responsible for the injuries as the manufacturer of defective products.

While slip, trip and fall events are among the most common losses for businesses, the product you sell are more likely to bring the most frequent or expensive loss.  When someone is injured or their property is damaged because of a defect or failure of a product, you could be held responsible.  That is your duty in the case of product liability.  Consequently, a duty is an obligation we owe to someone else when our product fails and causes injury.  In essence, we owe each other the duty to protect them from the consequences of our actions and when someone is hurt or suffers harm to either body, property, or reputation, we may be negligent. Premises liability is based on standard liability principles.  Product liability is a stricter responsibility for your HVAC Distributor Business Insurance to deal with after a loss occurs.

In our culture we boil down our grievances to a money damages settlement in most cases.  In the case of the liability coverage provided in our HVAC Distributor Business Insurance policy, we will pay for the benefit of a legal defense against the claims of injury or damage and we will also pay the amounts that become due to another because a finding of your negligence has been agreed upon.  Agreements occur through legal proceedings or an agreement accomplished through the negotiations of your insurance carrier and the other people involved in the claim.  This includes bodily injury and property damage as a result of events on the premises, through acts on and away from the work facilities, injuries caused by products, advertising injury, personal injuries other than bodily injury, hired and non-owned auto liability, and injury or damage caused due to computer intrusion and compromise when coverage is chosen.  The benefit of a defense of claims can be the best benefit of the well endorsed HVAC Distributor Business Insurance policy.

Property for HVAC Distributor Business Insurance

  • Owned Buildings including multiple locations
  • Business Personal Property, Fixtures, Stock, Inventory
  • Computers and Electronic Records including media
  • Building Limit Automatic Increase at the Time of Loss
  • Valuable Papers and Records
  • Accounts Receivable Coverage
  • Computer Coverage and Cyber Crime
  • Outdoor Signs—Attached and Detached
  • Building Ordinance and Law Coverage
  • Off-Premises Coverage for Business Personal Property
  • Property in Transit when properly endorsed
  • Earthquake Coverage (Some carriers)
  • Loss of Rents, Business Income, including Extra Expense Coverage
  • Coverage For Water & Sewer Back-up – Not Flood
  • Equipment Breakdown & Electrical Disturbance

Our HVAC Distributor Business Insurance package policies are a combination of property and liability coverage.  You do not need to own the building but at the least we must include the business personal property in the coverage including stock and fixtures along with liability coverage.  If you own the building the BOP policy expects this to be included in policy coverage too.  The HVAC Distributor Business Insurance policy provides a lot of coverage in a tidy package and it is flexible enough to handle several locations and variety of situations for building, business personal property, computer and cyber-crime needs, signs, coverage on or off premises, loss of business income and break down of critical building mechanical systems that may alter your ability to operate your business.

Inland Marine and Special Property

(See IM Section for more Details)

Inland Marine coverage is especially designed for mobile equipment and property that leaves the insured premises/location.  A HVAC Distributor Business Insurance policy should consider the value of merchandise that is in transit and add coverage for items in transit.  Also, IM is needed if you take property to a client location like a laptop or other devices you use in the field, the IM coverage provides great protection for this mobile property.

Umbrella for HVAC Distributor Business Insurance

HVAC Distributor Business Insurance often includes an Umbrella liability policy as an additional limit of liability protection because of the potential for large liability claims can occur. Even if you are meticulous in your facilities management, you are still exposed to claims from slip and fall and product failure and it is wise to layer up your liability coverage for the ultimate protection.

Think of an Umbrella policy as an extension of the underlying liability policy limits.  What isn’t covered in the primary policies may still be picked up in the Umbrella policy when the cause of loss is not specifically excluded.  Most carriers writing the primary HVAC Distributor Business Insurance policy will also write an Umbrella over their underlying policies.  It is good to know what is and isn’t covered by the Umbrella so make sure to ask.

Crime, Surety & Fidelity Bonds

  • Employee Theft
  • Crime Inside
  • Crime Outside
  • Surety & Fidelity Bonds

While you are busy operating and managing your business, your HVAC Distributor Business Insurance can be on guard for the loss of money through theft, robbery or burglary, or the dishonesty of an employee. These are losses that can cripple a distribution business and tailoring the needs for crime, surety and fidelity coverage can be done within the Business Owner Policy but may be better handled on a separate policy.  Crime coverage doesn’t provide defense against inventory shrinkage regardless of the cause without another cause of loss being invoked.

Business Auto

(See business Auto Section for Details)

Most wholesale and distribution businesses maintain business vehicles for their business delivery and operational needs but even if that is not true for your business there are auto liability exposures to make sure get covered.

If you maintain and operate your own business autos, trucks and trailers, you will need a separate business auto insurance policy that can be coordinated with your HVAC Distributor Business Insurance policy and which can enjoy maximum discounts on premium.  One of the biggest driver of pricing for business autos are driving records, claims experience, radius of distribution and the types of equipment you use.  It is more likely that the bigger exposures for some businesses comes from employee autos.  If you rely on the vehicles owned by your employees for occasional delivery or business errands, you will need employer’s non-ownership coverage since their accidents could become your obligation to pay and defend under some circumstances.  You should purchase liability protection in limits similar to those you carry on premises and operations coverage.  We cover non-owned auto liability with an endorsement to your HVAC Distributor Business Insurance policy when you don’t otherwise own or operate business vehicles.

The business auto coverage is dealt with in general detail in the business auto section.  Follow the link to this section for my information.

Professional Advice and Agency Service

Quality coverage begins with understanding your needs and the extent of the risks in your operation.  Our claims and underwriter resources have plenty of experience in insuring and providing risk control and management benefits to businesses and their owners.  Moreover, I have 37 years of experience working with business owners and have insured hundreds of millions of dollars of property through the years along for hundreds and thousands of businesses.  I have worked with fleets of over 100 vehicles.  HVAC Distributor Business Insurance is a relatively common coverage policy product and while our policies are competitive and priced right, it is also wise to work with an agent with enough relevant experience so you get the best coverage and best rates and coverage advice that helps avoid coverage holes. I have considerable experience working with small business owners and am available to help you.

This agency represents quality carriers that have the ability to provide the coverage your business needs whether or not it is ultimately provided inside of our Business Owner Policy or our more flexible Commercial Package Policy (CPP) option.  Call and ask for Terry McCarthy at (513) 779-7920, 9-5 Monday – Friday most days. We’re available to meet at most any time with an appointment in advance.


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