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Refrigeration Engineer Insurance: Cost & Quotes From $35/mo

Table of contents
1. General Liability Insurance for Refrigeration Engineers 1.1. Add-Ons to  General Liability Insurance for Refrigeration Engineers1.2. Coverage Limits of General Liability Insurance for Refrigeration Engineers1.3. Am I Exposed to Risk If I Cancel My General Liability Insurance Policy?2. Professional Liability Insurance for Refrigeration Engineers 2.1. Add-Ons to Professional Liability Insurance for Refrigeration Engineers2.2. Coverage Limits of Professional Liability Insurance for Refrigeration Engineers2.3. Do Refrigeration Engineers Need Professional Liability Insurance?3. Commercial Property Insurance for Refrigeration Engineers3.1. Add-Ons to  Commercial Property Insurance for Refrigeration Engineers3.2. Coverage Limits of Commercial Property Insurance for Refrigeration Engineers3.3. Will My Buildings Safety Rating Influence My Premium Cost for Commercial Property Insurance?4. Business Owner’s Policy for Refrigeration Engineers4.1. Add-Ons to  Business Owner’s Policy for Refrigeration Engineers4.2. Coverage Limits of Business Owner’s Policy for Refrigeration Engineers4.3. Will My Business Owner’s Policy Cover A Slander Lawsuit?5. Tools and Equipment Insurance for Refrigeration Engineers5.1. Add-Ons to  Tools and Equipment Insurance for Refrigeration Engineers5.2. Coverage Limits of Tools and Equipment Insurance for Refrigeration Engineers6. Workers Compensation Insurance for Refrigeration Engineers  6.1. Is There a Time Limit to File a Workers Compensation Claim?6.2. What is Monopolistic Worker’s Comp Insurance?7. Commercial Auto Insurance for Refrigeration Engineers7.1. Add-Ons to  Commercial Auto Insurance for Refrigeration Engineers7.2. Coverage Limits of Commercial Auto Insurance for Refrigeration Engineers7.3. What is Gap Coverage for Commercial Auto Insurance?8. Refrigeration Engineer Insurance Cost9. Best Refrigeration Engineer Insurance Companies9.1. NEXT Refrigeration Engineer Insurance 9.1.1. Pros9.1.2. Cons9.2. The Hartford Refrigeration Engineer Insurance 9.2.1. Pros 9.2.2. Cons 9.3. CoverWallet Refrigeration Engineer Insurance 9.3.1. Pros 9.3.2. Cons 9.4. Tivly Refrigeration Engineer Insurance 9.4.1. Pros 9.4.2. Cons 9.5. Thimble Refrigeration Engineer Insurance 9.5.1. Pros 9.5.2. Cons 9.6. Hiscox Refrigeration Engineer Insurance 9.6.1. Pros 9.6.2. Cons 

An HVAC system isn’t the only installation important for business. Some facilities such as cold storages, laboratories, pharmacies, hospitals, and others look for refrigeration engineers to design cooling systems used for preserving food, medicine, and other goods.

As a refrigeration engineer, you part of a lucrative industry, but that doesn’t mean you are immune to the unexpected cost of an untimely lawsuit. You might oversee a defect, and the pharmacy or any other client might sue for negligence. Also, an employee might get hurt while building a refrigeration system.

Refrigeration engineers insurance can help. This article will examine the most helpful insurance policies, their coverage limits, and available add-ons.

General Liability Insurance for Refrigeration Engineers 


CoverWallet NEXT (Best)ThimbleHiscoxThe Hartford
Per occurrence limit $1,000,000$1,000,000$1,000,000/$2,000,000$2,000,000$1,000,000/$2,000,000
Aggregate limit $2,000,000$2,000,000$1,000,000/$2,000,000$2,000,000$1,000,000/$2,000,000
Products and completed operations aggregate limit $2,000,000

$1,000,000$2,000,000$1,000,000$1,000,000
Advertising injury coverage aggregate limit $1,000,000$1,000,000$2,000,000$1,000,000$1,000,000
Tenant’s legal liability coverage limit 
$300,000/$1,000,000
$300,000$100,000$100,000$1,000,000
Waiver of subrogation included?YesNoIncludedCan be includedNo
Hired/non-owned auto liability coverage included?YesNoNoCan be includedCan be included
Equipment breakdown floater included?No YesYesCan be includedCan be included
Can you get a certificate of insurance online?YesYesYesYesYes
Name additional insureds?YesYes
YesYesYes
Deductible$0$0$0$0$0


This refrigeration engineer insurance protects your business from third-party liability claims involving bodily injury and property damage. Example situations to use this coverage include:

  • Your business office that is open to the public has a slippery floor that injures a client

  • While helping a client, one of your employees accidentally damages their cell phone


Add-Ons to  General Liability Insurance for Refrigeration Engineers

  • Tools and equipment coverage–Protects your refrigeration engineer equipment from damage and can help you replace broken tools

  • Hired and non-owned auto–Offers insurance coverage to non-owned auto vehicles like employee vehicles during business-related activities

  • Excess liability–Helps you get extra coverage when you have incidents that your general liability insurance can’t fully cover


Coverage Limits of General Liability Insurance for Refrigeration Engineers

Refrigeration engineers should opt for a $1 million occurrence limit and a $2 million aggregate limit. This is a solid coverage limit that ensures you have an adequate amount of coverage when it counts.


Am I Exposed to Risk If I Cancel My General Liability Insurance Policy?

Yes. If you cancel a policy or don’t renew a new one when the policy limit stops, your business is exposed to perils and risks. To avoid being exposed to risks, you want to ensure that there is never a lapse in coverage.


Professional Liability Insurance for Refrigeration Engineers 


CoverWallet NEXTThimble (Best)HiscoxThe 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?YesYesYesYesYes
Waiver of subrogation included?YesNoYesCan be includedNo


Refrigeration engineers use professional liability insurance to protect from mistakes and oversights they make while on the job that causes a financial loss to another party. Examples of where this refrigeration engineers insurance can help include:

  • A customer accuses of negligence

  • You are subject to a lawsuit because of an undelivered service you promised to a client that you failed to deliver


Add-Ons to Professional Liability Insurance for Refrigeration Engineers

  • Extended reporting period–This add-on allows you to use a professional liability coverage even if it has recently expired

  • Additional insured–Allows you to extend coverage to other parties that were not initially written on the policy


Coverage Limits of Professional Liability Insurance for Refrigeration Engineers

Refrigeration engineers will see professional liability insurance policies with $1 million per occurrence limit and $1 million aggregate limit.


Do Refrigeration Engineers Need Professional Liability Insurance?

While you are not legally required to get professional liability insurance, you will certainly want it to prevent your business from being exposed to catastrophic lawsuits and court fees. The torts that professional liability insurance covers are some of the most expensive claims to defend your business against.

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Commercial Property Insurance for Refrigeration Engineers


CoverWalletNEXT (Best)ThimbleHiscoxThe Hartford
Building coverage limit (minimum)$50,000$260,000$25,000/$500,000$25,000$60,000
Contents coverage limit (minimum)$50,000$22,000$25,000/$500,000$25,000$60,000
Outdoor signsExcluded$2,500ExcludedExcludedExcluded
Accounts receivable ExcludedExcluded$5,000/10,000IncludedExcluded
Money and securitiesExcluded$2,500$1,000IncludedExcluded
Lock and keys Excluded$2,500ExcludedExcludedExcluded
Business interruption floaterExcludedIncludedIncludedIncludedExcluded
Equipment breakdown floaterExcludedIncludedExcludedExcludedExcluded
Inland marine insurance floaterExcludedExcluded$10,000ExcludedExcluded
Employee dishonesty floaterExcluded$5,000$2,500IncludedExcluded


You can use commercial property insurance to protect your building and associated property against damage or destruction. Events covered by this refrigeration engineers insurance include:

  • A criminal vandalizes your building and steals some of the contents inside

  • Your building is damaged in an out-of-control fire


Add-Ons to  Commercial Property Insurance for Refrigeration Engineers

  • Terrorism coverage–Reimburses the value of the property that got damaged or destroyed due to bombing, looting, and other terrorist activities

  • Equipment breakdown–Covers expenses if the equipment you use to design and install refrigeration systems becomes inoperable due to mechanical and electrical breakdowns


Coverage Limits of Commercial Property Insurance for Refrigeration Engineers

Refrigeration engineers can expect around $50,000 in coverage limits for the building and contents. 


Will My Buildings Safety Rating Influence My Premium Cost for Commercial Property Insurance?

Yes. The safer your building is, the less you will pay for your policy. Your building's safety is influenced by the materials it is constructed with, proximity to a fire station, and if you have a sprinkler system installed.




Business Owner’s Policy for Refrigeration Engineers


CoverWalletThimble (Best)NEXT HiscoxThe Hartford
General liability aggregate limit $2,000,000$2,000,000$2,000,000$300,000$1,000,000/$2,000,000
Commercial property coverage limit $50,000$500,000$260,000$25,000$75,000
Optional policies can be added?YesYesYesYesYes
Name additional insureds for free?YesYesYesYesYes
BOP discount?YesYesYesYesYes


A refrigeration engineer will benefit from a business owner’s policy in their insurance plan because it combines general liability coverage and commercial property coverage in one policy. This insurance can help when:

  • A covered event damages your business computers

  • A customer injures their leg at your place of business


Add-Ons to  Business Owner’s Policy for Refrigeration Engineers

  • Employee dishonesty–Protects your business from harmful actions of your employees that include things like cyber crimes, forgery, and robbery

  • Flood insurance–Helps defend your business property against damages associated with water and flood damage


Coverage Limits of Business Owner’s Policy for Refrigeration Engineers

Business owner's policy will have general liability coverage of $1 million and a commercial property coverage between $20,000 and $60,000.


Will My Business Owner’s Policy Cover A Slander Lawsuit?

Yes. A business owner’s policy for a refrigeration engineer will include general liability coverage, which often covers personal injuries like slander.


Tools and Equipment Insurance for Refrigeration Engineers


NEXT ThimbleHiscoxThe 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/$5,000NoYes
Miscellaneous equipment also covered?$5,000/$10,000NoYesYes
Offered as an endorsement to general liability insurance?YesYesYesYes
Deductible$500$500$0$0


Tools and equipment insurance can help your business cover tools when they get damaged or stolen. This policy can cover your business equipment even when used away from your commercial premises. Some example situations include:

  • While bringing your tools to a job, they break in the line of duty

  • A member of the public damages your equipment, which this policy allows you to replace with new equipment


Add-Ons to  Tools and Equipment Insurance for Refrigeration Engineers

  • Rental coverage–Helps cover tools that you rent out to help your refrigeration engineer business

  • Downtime coverage–This policy will provide compensation for refrigeration engineers when their equipment downtime results in business-related losses


Coverage Limits of Tools and Equipment Insurance for Refrigeration Engineers

Tools and equipment insurance will offer coverage limits between $5,000 and $20,000.


Workers Compensation Insurance for Refrigeration Engineers  

Workers' compensation insurance is a policy that protects your workers from injuries and illnesses that they contract while working. Below are a few examples of when to use this policy.

  • One of your employees cuts their arm on the job and needs stitches

  • An employee falls off a ladder and hurts their back, making them unable to work


Is There a Time Limit to File a Workers Compensation Claim?

Yes. Generally, you will want to file a claim immediately to ensure that benefits get paid appropriately. Depending on where your business is, you may have to file claims within 30 days.


What is Monopolistic Worker’s Comp Insurance?

Monopolistic workers’ comp refers to four states that offer workers' compensation through a state-funded program. These states are Ohio, North Dakota, Washington, and Wyoming. If you reside in one of these states, you will not have the option to use a private insurer for your workers' compensation policy.


Commercial Auto Insurance for Refrigeration Engineers

Your commercial auto insurance policy will insure your vehicles against liabilities and car accidents. Times to use this policy include:

  • Another vehicle collides with a business-owned vehicle while you are transporting supplies for your refrigeration engineering business

  • One of your work vehicles is broken into and vandalized


Commercial auto insurance has several common components, which include:

  • Auto liability–Helps you pay for claims that your business is liable for that are related to your business vehicle

  • Collision–Covers damages to your vehicle that result from road accidents

  • Comprehensive–This policy will cover damage incidents from vandalism, theft, and fire


Add-Ons to  Commercial Auto Insurance for Refrigeration Engineers

  • Rental coverage–Helps you pay for the costs to renting a vehicle while the vehicle you own is out of commission

  • Medical payments–Pays out benefits to drivers and passengers involved in a covered accident to cover medical costs


Coverage Limits of Commercial Auto Insurance for Refrigeration Engineers

Your commercial auto policy will have between $100,000 and $1 million in liability coverage.


What is Gap Coverage for Commercial Auto Insurance?

Gap coverage is a type of insurance policy that pays for the amount you owe on a totaled commercial vehicle. 

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Refrigeration Engineer Insurance Cost


Cost per MonthCost per YearDeductible
General liability insurance$40$480$0-$500
Professional liability insurance$50$600$500-$1,000
Excess liability insurance$52.00$624$500-$1,000
Commercial property insurance$70$840$1,000-$2,000
Business owner's policy$103$1,236$1,500
Tools and equipment insurance$44$528$500-$1,000
Commercial auto insurance$60$720$500-$1,000
Workers compensation insurance$102$1,224$2,500-$5,000


The average refrigeration engineer insurance cost is $40 per month or $480 per year for a $1 million general liability policy. Factors that affect premiums are claims history, business history, policy limits, deductibles, annual revenues, location, and number of employees. Here’s a table showing the cost of a $1 million general liability policy from the best refrigeration engineer insurance companies:

NEXT$24$288Best overall; Fastest general liability insurance for refrigeration engineers
CoverWallet$29$348Comparing refrigeration engineer insurance quotes online
The Hartford$27$324Workers compensation insurance for refrigeration engineers
Tivly$31$372Comparing refrigeration engineer insurance quotes over the phone
Thimble$40$480On-demand coverage for refrigeration engineers
Hiscox$42$504Worldwide coverage for refrigeration engineers

Compare Cheap Refrigeration Engineer Insurance Quotes Online

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Best Refrigeration Engineer Insurance Companies

Here are some of the best refrigeration engineer insurance companies. Read some of the reviews below to know their pros, cons, and average rate for a $1 million general liability policy:


NEXT Refrigeration Engineer Insurance

Pros

  • Best overall

  • Issues an online proof of insurance instantly

  • Fastest general liability insurance for refrigeration engineers

  • Great customer service and reputation

  • Excellent rates

  • Outstanding value for money

  • Get a 10% discount if you buy two or more policies 

Cons

  • Couldn’t find any

NEXT offers refrigeration engineers many options You can get policies like general liability, tools and equipment, and workers' compensation. NEXT boasts an impressive A- rating from AM Best and a B+ rating from the Better Business Bureau.

Best for: Best overall; Fastest general liability insurance for refrigeration engineers

Average cost:  $24 per month

Our rating: 10/10 


The Hartford Refrigeration Engineer Insurance

Pros 

  • Quote online or through an agent

  • Renowned company for workers compensation insurance

  • Fast to process claims

Cons 

  • Limited add-ons to general liability insurance

The Hartford is an insurance provider with a well-established reputation in the market. They have been helping customers with insurance solutions for over 200 years. Refrigeration engineers will find many companion policies from this A- (Excellent) AM Best-rated insurer.

Best for: Workers compensation insurance for refrigeration engineers

Average cost: $27 per month

Our rating: 10/10 


CoverWallet Refrigeration Engineer Insurance

Pros 

  • Compare quotes online

  • Hired/non-owned auto coverage automatically included in general liability insurance

  • Cheap premiums if you decide to pay for the whole year

  • Easy online policy management

Cons 

  • Not an insurance company but an insurance broker 

CoverWallet is an excellent digital insurance provider that offers over ten established insurers to choose from. They are a cloud-based insurance platform and offer all the convenient features of an advanced online insurer. Refrigeration engineers will have a decent selection of policies, including specialized machinery repair insurance.

Best for: Comparing refrigeration engineer insurance quotes online 

Average cost: $29 per month

Our rating: 10/10 


Tivly Refrigeration Engineer Insurance

Pros 

  • Compare quotes over the phone

  • Takes you to an insurance company that’s a good fit

  • Responsive customer service

Cons 

  • Doesn’t have a mobile app for convenience to customers

Tivly grants you access to an established insurance network of over 200 providers. You can get refrigeration engineer component policies like general liability, professional liability, workers comp, etc. Call now to compare quotes over the phone. 

Best for: Comparing refrigeration engineer insurance quotes over the phone 

Average cost:  $31 per month

Our rating: 10/10 


Thimble Refrigeration Engineer Insurance

Pros 

  • Numerous add-ons to general liability insurance

  • Quickly issues an estimate of your rates

  • Sells a short-term general liability insurance

Cons 

  • You can’t reach customer service by calling 

Thimble is a highly trusted insurance that can maintain an A+ rating from the Better Business Bureau. They let you choose from various options while offering freedom for setting your terms. You can purchase general liability, business owner’s policy, commercial property insurance, and business equipment insurance.

Best for: On-demand coverage for refrigeration engineers

Average cost: $40 per month

Our rating: 10/10 


Hiscox Refrigeration Engineer Insurance

Pros 

  • Customers can take advantage of bundling discounts

  • Lenient 14-day refund policy on purchases

  • Numerous add-ons to base policies

Cons 

  • Online quoting may not be available all the time due to periodic site maintenance

Hiscox is one of the best options for small businesses because of their tailored buying process. Their agents will work with you to determine the areas of need in your business and customize the policy so you are getting the most out of what you are paying for. You can even get a quote online for faster coverag This company has an A rating from AM Best, which speaks to its financial backing to cover your refrigeration engineer insurance policy.

Best for: Worldwide coverage for refrigeration engineers

Average cost: $42  per month

Our rating: 10/10 


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