A fire alarm isn’t the only requirement for operating a commercial building legally. Authorities also demand fire sprinklers. Fire sprinkler contractors are ready and waiting to install these.
Protecting your business against potential risks and liabilities is crucial as a fire sprinkler contractor. Fire sprinkler contractor insurance provides comprehensive coverage to safeguard your operations, assets, and employees.
This article will explore the various insurance policies available, their coverage limits, add-ons, and more. Additionally, we will provide insights into the costs involved and present quotes from leading insurance companies in the industry.
| CoverWallet | NEXT (Best) | Thimble | Hiscox | The Hartford | |
|---|---|---|---|---|---|
| Per occurrence limit | $1,000,000 | $1,000,000 | $1,000,000/$2,000,000 | $300,000/$1,000,000 | $1,000,000/$2,000,000 |
| Aggregate limit | $2,000,000 | $1,000,000/$2,000,000 | $1,000,000/$2,000,000 | $300,000/$2,000,000 | $1,000,000/$2,000,000 |
| Products and completed operations aggregate limit | $2,000,000 | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |
| Advertising injury coverage aggregate limit | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |
| Tenant’s legal liability coverage limit | $100,000 | $100,000 | $5,000 | $100,000 | $1,000,000 |
| Waiver of subrogation included? | Yes | No | Included | Can be included | No |
| Hired/non-owned auto liability coverage included? | Yes | No | Excluded | Can be included | Can be included |
| Equipment breakdown floater included? | No | Yes | Yes | Can be included | Can be included |
General liability insurance for fire sprinkler contractors offers coverage for legal expenses, third-party medical costs, third-party property damage repairs, and settlements or judgments resulting from covered incidents. The specific coverage limits typically range from $1 million to $5 million, depending on the policy and the specific requirements of your fire suppression contractors insurance programs.
Product liability insurance to protect against claims arising from faulty fire sprinkler system components
Completed operations coverage to address claims arising from faulty installation or maintenance work
| CoverWallet | NEXT | Thimble (Best) | Hiscox | The Hartford | |
|---|---|---|---|---|---|
| Per occurrence limit | $1,000,000 | $1,000,000 | $1,000,000/$2,000,000 | $1,000,000 | $1,000,000 |
| Aggregate limit | $2,000,000 | $2,000,000 | $1,000,000/$2,000,000 | $1,000,000 | $2,000,000 |
| Name additional insureds? | Yes | Yes | Yes | Yes | Yes |
| Waiver of subrogation included? | Yes | No | Yes | Can be included | No |
Professional liability insurance for fire sprinkler contractors covers claims that arise from errors, omissions, or negligence in your professional services. The specific coverage limits for this fire suppression contractors insurance can vary, but they typically range from $100,000 to $2 million, depending on the policy and your business requirements.
Design errors or omissions in fire sprinkler system plans to result in property damage or bodily injury
Claims related to faulty advice or recommendations from clients regarding fire safety measures
Allegations of professional negligence or failure to meet industry standards in the design or installation of fire sprinkler systems
Technology errors and omissions insurance to address claims arising from errors in fire sprinkler system software design
Cyber liability insurance protects against data breaches or cyberattacks that compromise client information
Get all the best quotes from leading providers in a click of a button!
| CoverWallet | NEXT (Best) | Thimble | The Hartford | Hiscox | |
|---|---|---|---|---|---|
| Building coverage limit (minimum) | $50,000 | $330,000 | $25,000/$500,000 | $60,000 | $25,000 |
| Contents coverage limit (minimum) | $50,000 | $35,000 | $25,000/$500,000 | $60,000 | $15,000 |
| Outdoor signs | Excluded | $2,500 | Excluded | Excluded | Included |
| Accounts receivable | Excluded | Excluded | $5,000/$10,000 | Excluded | Included |
| Money and securities | Excluded | $2,500 | $1,000 | Excluded | Included |
| Lock and keys | Excluded | $2,500 | Excluded | Excluded | Included |
| Business interruption floater | Excluded | Included | Included | Excluded | Included |
| Equipment breakdown floater | Excluded | Included | Excluded | Excluded | Included |
| Inland marine insurance floater | Excluded | Excluded | $10,000 | Excluded | Excluded |
| Employee dishonesty floater | Excluded | $5,000 | $2,500 | Excluded | Excluded |
Commercial property insurance covers damage or loss to your property caused by covered perils such as fire, theft, vandalism, or natural disasters. Coverage limits can vary based on the value of your property and the specific policy, ranging from $100,000 to several million dollars.
Fire damage to your office, warehouse, or workshop
Theft or vandalism resulting in the loss of valuable equipment or tools
Business interruption costs due to a covered event, such as a fire, that temporarily halts your operations
Equipment breakdown insurance to protect against mechanical or electrical failures of fire sprinkler system components
Inland marine coverage to cover tools and equipment while in transit to and from job sites
| CoverWallet | NEXT (Best) | Thimble | The Hartford | Hiscox | |
|---|---|---|---|---|---|
| General liability aggregate limit | $2,000,000 | $1,000,000/$2,000,000 | $1,000,000/$2,000,000 | $1,000,000/$2,000,000 | $300,000/$2,000,000 |
| Commercial property coverage limit | $50,000 | $330,000 | $25,000/$500,000 | $75,000 | $75,000 |
| Optional policies can be added? | Yes | Yes | Yes | Yes | Yes |
| Name additional insureds for free? | Yes | Yes | Yes | Yes | Yes |
| BOP discount? | Yes | Yes | Yes | Yes | Yes |
A BOP provides bundled coverage, including general liability and commercial property insurance. The coverage limits for a BOP are similar to those of individual general liability and commercial property insurance policies, offering financial protection against bodily injury, property damage, and other covered perils.
Property damage caused by fire, theft, or other covered perils
Third-party bodily injury claims occurring on your premises or as a result of your operation
Damage to clients' property was caused during fire sprinkler system installation or maintenance
Equipment breakdown coverage covers for the repair or replacement of essential equipment
Crime insurance provides coverage for financial losses caused by theft, social engineering, forgery, and other dishonest acts
A business owner's policy provides convenience and cost savings by bundling essential coverages into a single package, ensuring comprehensive protection for your business operations and assets.
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| NEXT | Thimble | Hiscox | The Hartford | |
|---|---|---|---|---|
| Aggregate limit | $3,000/$10,000 | $2,500/$5,000 | $15,000/$25,000 | $5,000-$10,000 |
| Covers hired and borrowed equipment? | $3,000/$10,000 | $2,500/$5,000 | No | Yes |
| Miscellaneous equipment also covered? | $5,000/$10,000 | No | Yes | Yes |
| Offered as an endorsement to general liability insurance? | Yes | Yes | Yes | Yes |
| Deductible | $500 | $500 | $0 | $0 |
Tools and equipment insurance covers loss, theft, or damage to your specialized tools, machinery, and equipment. Coverage limits can range from a few thousand to several hundred thousand dollars, depending on the cost of your tools and equipment.
Theft or vandalism results in the loss of valuable tools or equipment
Accidental damage to equipment on job sites or during transportation
Coverage for rented or borrowed equipment used in your operations
Installation floater coverage to protect equipment while it is being installed at client sites
Employee tools coverage to extend protection to tools owned by your employees
The coverage limit for tools and equipment insurance is typically based on the total value of your inventory. It is important to accurately assess the value of your tools and equipment to ensure appropriate coverage.
Worker's compensation insurance for fire suppression contractors insurance programs covers various expenses related to work-related injuries or illnesses. These expenses typically include medical costs, lost wages, and rehabilitation expenses. The coverage limits for worker's compensation insurance vary depending on state requirements and the number of employees in your fire sprinkler contracting business.
Injuries caused by falls, lifting heavy equipment, or accidents on job sites
Occupational illnesses result from exposure to hazardous substances or prolonged physical strain
Lost wages and rehabilitation expenses incurred during the recovery process
While worker's compensation insurance typically does not have add-ons, it's important to note that some insurance providers may offer additional services or benefits to enhance coverage, such as:
Return-to-work programs are aimed at helping injured employees transition back to their job responsibilities
Safety training resources help prevent workplace injuries and promote a safer working environment
Claims management support assists businesses with the claims process and guides handling worker's compensation claims effectively
Penalties for not having worker's compensation insurance vary by jurisdiction but include fines, legal penalties, and potential liability for all expenses related to employee injuries or illnesses.
Commercial auto insurance covers vehicles used in business operations, including liability for third-party bodily injury or property damage, collision coverage, and comprehensive vehicle coverage. Coverage limits vary based on the specific policy and business needs.
Accidents involving your business vehicles cause property damage or injuries to third parties
Damage to your business vehicles due to collisions, theft, vandalism, or natural disasters
Coverage for rented or borrowed vehicles used in your operations
Hired and non-owned auto coverage to extend protection to vehicles not owned by your business but used for work purposes
Equipment breakdown coverage for specialized equipment installed in your business vehicles
No, personal vehicles used for business purposes aren’t covered under your commercial auto policy by default. You can make changes though and add such vehicles to the policy document for coverage to apply in case something happens. Ensuring proper coverage for each vehicle used in your fire sprinkler contracting business is essential.
| Cost per Month | Cost per Year | Deductible | |
|---|---|---|---|
| General liability insurance | $38 | $456 | $0-$500 |
| Professional liability insurance | $40 | $480 | $500-$1,000 |
| Commercial property insurance | $45 | $540 | $1,000-$2,000 |
| Business owner’s policy | $83 | $996 | $1,000-$2,000 |
| Tools and equipment insurance | $41 | $492 | $1,500 |
| Workers compensation insurance | $100 | $1,200 | $500-$1,000 |
| Commercial auto insurance | $70 | $840 | $500-$1,000 |
The average cost of fire protection contractor insurance is $38 per month or $456 per year for a $1 million general liability policy. Several factors can impact the cost of fire sprinkler contractor insurance, including the size and revenue of your business, coverage limits, the number of employees, the location of your operations, and the claims history. Here’s a table showing the rates of companies we recommend:
| Cost per Month | Cost per Year | Best For | |
|---|---|---|---|
| NEXT | $25 | $300 | Best overall; Fastest general liability insurance for fire sprinkler contractors |
| CoverWallet | $27 | $324 | Comparing fire sprinkler contractor insurance quotes online |
| The Hartford | $29 | $348 | Industry expertise and tailored coverages |
| Tivly | $31 | $372 | Comparing fire sprinkler contractor insurance quotes over the phone |
| Thimble | $33 | $396 | On-demand coverage options |
| Hiscox | $35 | $420 | Customizable coverage and expertise |
Get all the best quotes from leading providers in a click of a button!
When selecting an insurance company for your fire sprinkler contracting business, choosing a reputable provider with comprehensive coverage options and excellent customer service is crucial. Here are some leading insurance companies in the industry. Read some of the reviews below to know their pros, cons, and average rate for a $1 million general liability insurance.
Best overall
Issues an online proof of insurance instantly
Fastest general liability insurance for fire sprinkler contractors
Great customer service and reputation
Excellent rates
Outstanding value for money
Get a 10% discount if you buy two or more policies
Couldn’t find any
NEXT has established itself as a reputable fire protection contractor insurance provider but also specializes in providing insurance solutions for a wide range of industries, including construction, cleaning, fitness, beauty, and more. With comprehensive coverage options, competitive rates, and a user-friendly online platform, they are well-suited to meet the needs of fire sprinkler contractors seeking reliable and convenient insurance solutions.
Best for: Best overall; Fastest general liability insurance for fire sprinkler contractors
Average cost: $25 per month
Our rating: 10/10
The streamlined online application process for fire protection contractor insurance
Ability to compare quotes from multiple insurers, allowing for easy comparison
Provides access to dedicated customer support for assistance with insurance inquiries and claims
Some businesses may find that certain coverage options are limited or not available
It may require providing detailed business information and speaking with an agent to obtain accurate quotes
The average fire protection contractor insurance cost may be limited, requiring personalized quotes for accurate pricing
CoverWallet is an established provider of tailored insurance coverage options, specifically catering to the needs of fire sprinkler contractors. Their policies typically include general liability insurance, which protects against third-party bodily injury, property damage, and advertising injury claims. They offer a user-friendly online platform that simplifies the insurance application and comparison process.
Best for: Comparing fire sprinkler contractor insurance quotes online
Average cost: $27 per month
Our rating: 10/10
Pros
Extensive experience in the insurance industry, particularly for commercial coverage needs
Offers tailored coverages specifically designed for fire sprinkler contractors
Recognized for their expertise and knowledge in various sectors, including fire protection
Cons
Quotes may require speaking with an agent
Certain coverages or policy features may have limitations or exclusions.
Availability of coverage options may vary based on the location and specific business details
The Hartford is a reputable insurance company with a strong focus on industry expertise and tailored coverages. Their experience in the insurance industry, specific knowledge of fire protection, and commitment to meeting the needs of fire sprinkler contractors make them a reliable choice for businesses in this field.
Best for: Industry expertise and tailored coverages
Average cost: $29 per month
Our rating: 8/10
User-friendly online platform for a streamlined insurance experience
Offers customizable coverage options to meet the specific needs of fire sprinkler contractors
Provides efficient and responsive customer support
Limited coverage options for larger businesses
Some businesses may find specific coverage options to be limited or unavailable
Additional add-ons or specialized coverages may be less comprehensive compared to other providers
Tivly is a trusted insurance provider known for offering a simplified experience to its customers. They prioritize user-friendly online platforms and customizable coverage options to meet the specific needs of fire sprinkler contractors. Call now to compare quotes over the phone.
Best for: Comparing fire sprinkler contractor insurance quotes over the phone
Average cost: $31 per month
Our rating: 8/10
Pros
Flexible coverage options for short-term projects, easy online application process
Pay-per-use policies offer flexibility, allowing contractors to obtain coverage for specific projects or timeframes
Transparent pricing with no long-term commitments, providing cost-effective options for contractors
Cons
Limited coverage options for long-term policies
The availability of specific coverage options may vary depending on the location and nature of the project.
The scope of coverage may be limited compared to traditional annual insurance policies.
Thimble is a leading insurance provider that specializes in offering simplified and flexible solutions for fire suppression contractors insurance. They are known for their on-demand coverage options and user-friendly online application process.
Best for: On-demand coverage options
Average cost: $33 per month
Our rating: 8/10
Flexible coverage limits and customizable options to meet the unique needs of businesses
Excellent customer service and support to assist with insurance inquiries and claims
Offers valuable risk management resources to help fire sprinkler contractors mitigate risks and improve safety practices
Their solid financial position ensures they have the resources to meet their policyholders' claims obligations
Some businesses may find specific coverage options limited or unavailable
Hiscox is a trusted insurance company that specializes in providing comprehensive and specialized coverage for fire sprinkler contractors. Their customizable coverage options, expertise in the industry, and commitment to excellent customer service make them a reliable choice.
Best for: Customizable coverage and expertise
Average cost: $35 per month
Our rating: 8/10
1 / 5
Use anyone except Employers. Period. They are non-transparent and shameful. After I complained long enough to warrant a call from a supervisor, the supervisor called back from a PRIVATE NUMBER (no caller ID), left a message that they are not reversing their decision (without any communication with me), and failed to leave a phone number for me to call back. She was hiding! They also fact find via email and phone calls, which is terrific for speed and communication. However, after setting a precedence of email or phone calls, they send time sensitive information via email, without any heads up... they are hoping you miss it and forfeit via expiration. Evil policies. Go elsewhere.
1 / 5
This place is an absolute joke of a company and should be ashamed of the way they conduct business. I was hurt on the job at the end of July and it took them just shy of 7 weeks to issue out a paycheck to me. Yes the amount was back dated but still. Not many have the luxury of not receiving a paycheck for almost 2 months. To top it all off, the original adjuster marked me down for the wrong state which caused a problem from the get go, I've had 3 different adjusters now since each one can't seem to figure out the simplicity of my claim. All my paperwork which includes, my job, house, and drs visits all are from the same state and city but yet some how I have been filed under a completely different state 1500 miles away. They do not answer your phone calls or emails no matter how many you leave. I've had to escalate my frustrations to the supervisors of each of these individuals in order to even get some kind of response. I've had more communication and information given to me about my claim from the customer service representatives then the actual adjusters.......... please tell me how that works?! A serious overhaul needs to happen here in order to serve your clients the way they deserve to be taken care of. 10/10 do not recommend this company to a single soul on earth
1 / 5
I have never had the displeasure of working with a more incompetent and disrespectful person in my life. I’m an injured worker and the adjuster that was assigned to my case was named Carrie Furgeson. In the past 6 weeks that I’ve been injured and out of work I have only been able to get ahold of her twice, not for lack of trying. I have left countless voicemails, countless emails, and she ignores them all. When I am finally able to get ahold of her I’m greeted with terrible customer service. She is rude, she talks over me and I’m hardly able to get a word in edgewise. She spelled my name wrong on my documents even after I spelled it for her properly countless times, this caused a whole new issue with my bank. I have bill collectors from the hospital calling me demanding payment and Carrie Furgeson won’t do a single thing to help, or to get them paid. All of my documentation is in Colorado, my job is in Colorado, my address is in Colorado, all my Dr offices and appointments have been in Colorado and Carrie still managed to hold my claim because she wasn’t sure what state she needed to file it under. It’s been 6 weeks since my Injury and my company still hasn’t received the wage paperwork to fill out so they can get me my correct wages. When she’s not ignoring me she’s answering my questions with “I don’t know” well I don’t know how she got this job, because apparently she doesn’t know anything about it. She is a disgusting morose individual inside and out and I genuinely wish her the worst in all of her future endeavors. I highly recommend you don’t use this company. Please if you are a business owner and your looking into this company please don’t use them. I’m sure they have the cheapest payment and that’s why companies use them in the first place, but you will be doing your employees a grave disservice by forcing them to venture into this absolute dumpster fire of a company. I would rate 0/5 if possible but 1 was the lowest I was allowed.
5 / 5
Their general liability insurance purchase process is simply the best online experience I've ever had in my life!
5 / 5
As long as they cover your line of business, you're literally covered! best rates, best coverage, best online experience, best professionals, can't be happier that I chose them!
Not all those who wander are lost.
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