The plumbing industry outlook is cheery. According to the Bureau of Labor and Statistics, the demand for plumbers and pipe fitters will increase to over 15 percent 8 years from now, as more properties are built and the government becomes stricter when it comes to water conservation and maximization.
This also means that a plumbing business can look forward to massive growth as long as it knows how to play its cards right, including the purchase of the right types of commercial insurance.
The Benefits of Having an Insurance Policy
The main goal of getting an insurance policy is to protect everything that you’ve spent for and invested in the company. It also offers the same protection to your credibility and future income.
Take, for example, the following scenarios:
Now imagine if you don’t have any insurance. Where will you get the money that you need to cover for lawyer’s fees, pay for compensation, and give as a benefit? Of course, from your business! But these are not small expenses. These are extremely costly they can actually compel you to declare bankruptcy.
Insurance Coverages That We Provide:
The Enterprise Insurance Group Advantage: